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IT One Magazine 2020

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03

2019 2 020

There’s a thin line

between… tech and magic.

The pace of technology is always increasing and incredible startups and projects are coming

out of Luxembourg. Last year, during our events, we mainly discussed the Artificial Intelligence

revolution and its impact on several sectors, from finance to the health industry.

But if AI is clearly redefining the world we live in, what about DeepTechs and the uniqueness

of products they bring to the table?

By definition, DeepTechs are referring to

companies that are pushing the boundaries of

innovation. Basically, they are taking disruption

to another level, and could very well redefine

entire sectors. In this respect, more than

any other «regular» startup, these innovative

companies aim at really making a difference

with the products and services they provide. In

the fields of robotics, biotechnology, nanotech,

advanced materials and more, DeepTech

investments are growing and projects once

labeled as «unbelievable» or «undoable», are now

popping up on a regular basis. According to the

«State of European Tech Report 2019», cooked by

Atomico, Slush and Orrick, DeepTech startups

from Europe were able to raise more than $8.4

billion in 2019, compared to 6.7 billion the year

before, therefore showing a huge increase of

more than 26 points.

Kamel Amroune

CEO / Farvest

@KamelAmroune / Farvest Group

Luxembourg, through its numerous tech and

innovation programs initiated by both public and

private actors, is an active player in the startup –

and DeepTech – ecosystem, working, for instance,

on mobility, space and health innovations, without

forgetting the historical finance and ICT sectors.

Therefore, in such a context of global innovation,

what can we expect in the months to come? One

thing is for sure: with the combination of data, AI

and even Blockchain, the future looks brighter,

safer and more autonomous than ever. Especially

here, in the Grand-Duchy of Luxembourg, which

feeds on collaboration and even co-creation.

With many surprises to come in the following

months, the entire IT One team looks forward to

discussing such fascinating topics with all of you,

throughout the year. Let’s innovate together and

shake things up!

EDITORIAL

2019 2020

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