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Companies and research centres can benefit from Luxembourg’s optimised and trustworthy data ecosystem. Over several decades, the country has persistently invested in three core layers of the data economy:
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In many places, outdated legislation can hinder innovation in the data economy. However, Luxembourg’s government not only understands technology but also enacts laws that facilitate innovation. A prime example is the data reversibility law, which ensures access to data in case of cloud provider bankruptcy.
Luxembourg is fast to implement EU legislation, so companies that fulfil the requirements here can be confident that their offering is compliant across Europe. The country is strongly positioned to ensure an efficient implementation of the EU’s AI Act, the world’s first comprehensive artificial intelligence law intended to ensure that AI systems in the EU are safe, transparent, traceable, non-discriminatory and environmentally friendly. It also implements and promotes ethical data standards.
Luxembourg is well positioned in the international competition for talent and ranks highly in global talent attraction indices. Research centres such as the Interdisciplinary Centre for Security, Reliability and Trust (SnT) draw PhD students and post-docs from around the world, many of whom choose to stay and work in industry.
The University of Luxembourg offers master’s programmes in high-performance computing, information system security management, information and computing sciences, data science and cybersecurity and cyber defence, expanding the local talent base in key fields.
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