Why luxembourg for your data center in Europe?
LUXEMBOURG, RIGHT IN THE HEART OF EUROPE
Situated in the heart of Europe, Luxembourg is the gateway to the European market (500 million consumers), providing international companies with a multitude of business opportunities.
Luxembourg's highly skilled workforce, solid infrastructure, business oriented legislation and multicultural environment make it a first-rate destination for companies and people.
Taking full advantage of this strategic location and of massive private and public sector investments, Luxembourg has become a key hub for ICT with highly secured data centers, connectivity & modern IT infrastructures, life sciences, clean technologies, IP and logistics all of which are attracting more and more major international companies to set up their business in Luxembourg. Among these are RTL Group, SES, Amazon, Rakuten, ArcelorMittal, Husky, Ampacet,… will you be the next?
Luxembourg is investing continuously in further developing its connectivity with state-of-the-art ICT infrastructure and telecommunication networks.
Highly secure public and private data centers have been set up to help businesses deploy and operate their systems.
Within a radius of 200km from Luxembourg, you can find 12 universities of the Greater Region, and through initiatives such as the Morpheus Cup, Luxembourg is working hard to attract the brightest ICT talents from universities across Europe.
HIGHLY EDUCATED, MULTILINGUAL AND INTERNATIONAL WORKFORCE
Luxembourg has always been a land of migration. Today, 46% of its residents are foreign citizens. In addition, around 160,000 people commute daily to Luxembourg.
The labor market offers a pool of talented and multilingual employees from Luxembourg as well as from France, Germany and Belgium.
Luxembourg has the highest share of high-skilled workers in the World (World Economic Forum & International Labour Office – 2015). Additionally, Luxembourg is ranked 6th out of 61 countries in the 2015 edition of the World Competitiveness Yearbook (source: IMD).
The financial workplace accounts for 17% (65,000 people) of total employment, with 23% Luxembourgish employees and 77% foreign residents and French, German and Belgian residents who commute across the borders (source : CES).
Moreover, Luxembourg’s unemployment rate remains one of the lowest in the European Union (5,9% in 2014 according to Eurostat Publications' “Key Figures 2014 and European Economic Forecast Spring 2015″).
ICT, A KEY BUSINESS SECTOR
In light of ICT’s growing role in the global economy, and taking advantage of the country's highly stable political system, successive governments have actively supported the development of this sector in order for Luxembourg to become a center of excellence for ICT and a key data hub in Europe. A state-of-the-art infrastructure has been developed to attract business to Luxembourg and other measures have been taken to promote the country as a European Trusted Information Center.
In 2014, the government presented its ‘Digital Lëtzebuerg‘ initiative aimed at strengthening and consolidating its long term position in the ICT field. This initiative focuses on ICT as an economic sector, and ICT as a business enabler, and comprises a series of work-streams looking at different aspects of the sector.