Why Luxembourg. A trusted data economy

Luxembourg has been recognised as a digital forerunner for decades and has been busy building a data-driven economy.

Luxembourg is strongly committed to providing an environment where any company relying on digital technologies and the use of data can thrive and grow. Recognised as a digital forerunner for decades, the country’s digital infrastructure is outstanding in terms of connectivity and secure data storage capacities.

It has recently been boosted with the unique business-oriented high performance computer (HPC) MeluXina, which makes 65% of its capacity available to start-ups, SMEs and large companies.

Cybersecurity as an economic success factor

The country is also among the front-runners in both Europe and the world for its cybersecurity commitment and expertise.

The role played by the Ministry of the Economy, which considers cybersecurity not only as a defence issue but also as an economic success factor, makes Luxembourg a unique case in Europe.

Exploring a national data exchange platform

Luxembourg’s appetite to remain on the cutting edge of innovation is key to the launch of new initiatives such as the Luxembourg Institute of Science and Technology’s research project aimed at creating a digital twin of the whole country.

Next comes the creation of a fully functioning data market. The country is exploring the creation of a national data exchange platform that would ensure that data from various producers – public bodies, companies and research organisations – would be usable, interoperable, accessible, reliable and compliant with privacy regulations.