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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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Visit the Luxembourg pavilion at the International Cybersecurity Forum in Lille

30-03-2023

More than 600 exhibitors will be heading to the 15th edition of the International Cybersecurity Forum in Lille (FIC) from 5 to 7 April 2023. Luxembourg has been present at previous FIC editions and will have a strong presence at the forum this year with approximately 30 companies and research organisations represented at the Luxembourg pavilion.
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University of Luxembourg inaugurates fintech centre of excellence

29-03-2023

On 29 March 2023, the University of Luxembourg inaugurated its National Centre of Excellence in Financial Technologies. The interdisciplinary centre will focus on the technological challenges and opportunities of the financial industry.
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Year-on-year inflation lowest in Luxembourg

28-03-2023

Luxembourg recorded the lowest annual inflation rate in member states in January 2023, according to the figures published on 23 February by the statistical office of the European Union, Eurostat. The flash estimates for February released on 2 March also show that Luxembourg maintained the eurozone’s lowest inflation record.
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Mission to Latvia presents potential business opportunities

21-03-2023

A high-level business delegation comprising of 20 Luxembourg companies participated in the three-day official trade mission to Latvia, where an intensive economic and business programme was unpacked, with over 90 B2B meetings taking place on the side-lines. Luxinnovation’s Head of International Relations, Jenny Hällen Hedberg, underscored the effective collaboration between the organisers of the mission and key areas of interest that were identified as a result of interactions between Luxembourg-Latvian counterparts.
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How to succeed with your expansion into Europe: the experts’ top tips

14-03-2023

Some success factors for international companies wanting to expand into the European market are quite obvious: having the right product/market fit and an offering that suits the culture and behaviour of European customers and finding the right business partners, for example. Others are less evident, but can be at least as important. We put together 9 key points from Luxembourg-based experts with decades of experience of advising international businesses about their entry to Europe.
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