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Digital readiness index ranking 2019Cisco’s Digital Readiness Index 2019 assesses a country’s readiness by examining seven standardised components and summarising the overall score. Luxembourg is ranked 2nd, after Singapore but ahead of leading digital nations such as the United States, Denmark, Sweden and South Korea.

Holistic understanding

“The Cisco Global Digital Readiness Index has been created to help nations understand how well-positioned they are to take advantage of the benefits of digitisation,” the company states. “A holistic view of digital readiness was taken, examining multiple factors that indicate the progress that a nation has made towards digital maturity, and demonstrating areas of strength while providing guidance as to how they can invest to improve their overall readiness.”

Leading start-up environment

Luxembourg performs particularly well in the component Start-Up Environment, where it ranks 1st in the world. The country ranks 3rd in the category Technology Adoption, which assesses the demand for digital products and services, and 4th for Business & Government Investment in innovation and technology.

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Local door openers for business

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Facilitating global trade is a key focus of the different players in Luxembourg’s diplomatic and economic network. Its members work hand in hand to ensure that doing business with and from Luxembourg is easy, transparent, and brings with it numerous advantages.
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Circuit Foil to invest €36.5 million in Luxembourg production facilities

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Copper foil manufacturer Circuit Foil will invest €36.5 million to increase the production capacity of its facilities in Wiltz in norther Luxembourg. A new building will house new machines as well as around 20 additional jobs.
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Luxembourg among top 10 locations for European expatriates

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Luxembourg ranks 9th in a recent listing on cities offering the best quality of life for Europeans abroad. The city thus keeps its place on the top 10 list.
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University and start-up to work on in-orbit satellite repairs

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The University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) signed a partnership agreement with the space start-up LIFT ME OFF. The cooperation provides crucial research support for tackling future needs of autonomous in-orbit satellite repairs.
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Financing the cleantech transition

17-02-2020

Adequate financing is crucial for the transition to a sustainable, environmentally friendly economy, and one of the central topics that will be discussed at the 2020 Cleantech Forum Europe in Luxembourg on 18-20 May 2020. Luxembourg is a leading centre for green and sustainable finance. Key players will participate in the forum to share their experience and establish new partnerships.
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