Welcome!

News Feed Item

EIT Digital - Global Outlook Key to Delivering Digital Innovation

BRUSSELS, March 21, 2017 /PRNewswire/ --

On the occasion of its 2017 Annual Conference, bringing together Europe's leading digital scaleups, industries and academic institutions, EIT Digital announced the organisation's 2016 results, articulated the direction the business will take in 2017, and highlighted global orientation as the main requirement in driving Europe's digital transformation.

Willem Jonker, CEO of EIT Digital, today welcomed leading figures from the European innovation ecosystem at EIT Digital's Annual Conference. Mr. Jonker outlined the results of the organisation's investment in digital innovation and entrepreneurship, and announced a number of initiatives which will see EIT Digital reinforcing its role as the catalyst driving the digital transformation across Europe and beyond. The event, now in its 2nd year, brought together over 40 digital innovators demo-ing their products, EIT Digital's industrial partners, academic and research institutions, and policy makers under one roof at the EGG Conference Centre in Brussels.

Delivering on our 2016 promises  

The value and impact created by EIT Digital's results in 2016 were highlighted in the Annual Report, published on March 20. In the area of Innovation and Entrepreneurship, 2016 saw nine new companies created; 75 products and services commercially launched; over 120 startups coached by the EIT Digital Accelerator, and €22m in capital raised for Accelerator-supported startups. In Entrepreneurial Education, more than 500 Master School and 140 Doctoral students were enrolled. Over 20 courses launched for professional students and 20,000 students have followed an EIT Digital MOOC.

Increasing Impact in 2017 

"The 2016 results make us confident that we are on the right track to becoming the enduring, sustainable and transformative organisation Europe needs to drive digital innovation," stated Mr. Jonker. EIT Digital plans to invest €300 million in Innovation and Entrepreneurship as well as Entrepreneurial Education in nine European countries over the course of 2017. The expected outcomes are:

Increased impact in acceleration of European Innovation 

  • a 50% increase with respect to 2016 in delivering new products and services to the market - a total of 110 is expected to be delivered in 2017
  • a 20% increase in the number of ventures created from Innovation Activities
  • an intake of at least 60 new scaleups for the EIT Digital Accelerator
  • increased revenue for the scaleups in the Accelerator portfolio - expected to reach an average of €3.5m in 2017
  • doubling of the total valuation of the portfolio with respect to 2016

Enhanced Entrepreneurial Education offerings 

  • intake of a minimum 400 new students in the Master School
  • intake of 40 new Industrial Doctoral students
  • deployment of several MOOCs and SPOCs (Specific Personalised Open Courses) in online education programme
  • deployment of two micro-master programmes on Coursera (Embedded Systems and Data Science), where the first six months can be taken on-line
  • offering of 10 Summer Schools in nine countries including for the first time, a Summer School organised by one of our ARISE partners (Portugal)

Ongoing commitment to fostering innovation across borders 

  • The signing a Memorandum of Understanding (MOU) on March 21 with the European Startup Network, will see the two organisations working together to stimulate startups and scaleups to internationalise in Europe and beyond.
  • EIT Digital will be co-organising in September 2017, Startup Europe comes to Silicon Valley (SEC2SV) to bring together EU policy makers, startups, European scaleups and corporations to meet Silicon Valley stakeholders.
  • EIT Digital is also a co-organiser of the  2017 Startup Nations Summit (20-22 November alongside the Estonian Ministry of Economic Affairs and Communications and Startup Estonia.

Talking at the conference, Mr Jonker said:

"Events like these demonstrate the wealth of innovative entrepreneurship we have in Europe. It's important to come together like this not only to showcase the pioneering work being done to drive digital transformation, but to celebrate the diversity and breadth of the talent making it happen. Europe's digital transformation could boost GDP by €2.5 trillion over the next decade. But the key to us getting there lies in having a global outlook.

"All our initiatives have this global outlook at their core. Innovation thrives on the transfer of people, knowledge and ideas. It's in EIT Digital's DNA, it's at the heart of our Innovation and Entrepreneurship and Entrepreneurial Education programmes."

About EIT Digital 

EIT Digital is the leading European open innovation organisation. Our mission is to foster digital technology innovation and entrepreneurial talent for economic growth and quality of life in Europe. EIT Digital brings together entrepreneurs from a partnership of over 130 top European corporations, SMEs, start-ups, universities and research institutes. EIT Digital is a Knowledge and Innovation Community of the European Institute of Innovation and Technology (EIT). The headquarter is in Brussels with co-location centres in Berlin, Budapest, Eindhoven, London, Helsinki, Madrid, Paris, Stockholm, Trento, as well as a hub in Silicon Valley.

Contact:
Edna Ayme-Yahil
Head of Communication, EIT Digital
T: +33-644-091-928
E: [email protected]

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, discussed how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a practic...
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, will discuss some of the security challenges of the IoT infrastructure and relate how these aspects impact Smart Living. The material will be delivered i...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, will provide a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services ...
Imagine having the ability to leverage all of your current technology and to be able to compose it into one resource pool. Now imagine, as your business grows, not having to deploy a complete new appliance to scale your infrastructure. Also imagine a true multi-cloud capability that allows live migration without any modification between cloud environments regardless of whether that cloud is your private cloud or your public AWS, Azure or Google instance. Now think of a world that is not locked i...
SYS-CON Events announced today that Auditwerx will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Auditwerx specializes in SOC 1, SOC 2, and SOC 3 attestation services throughout the U.S. and Canada. As a division of Carr, Riggs & Ingram (CRI), one of the top 20 largest CPA firms nationally, you can expect the resources, skills, and experience of a much larger firm combined with the accessibility and atten...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
MongoDB Atlas leverages VPC peering for AWS, a service that allows multiple VPC networks to interact. This includes VPCs that belong to other AWS account holders. By performing cross account VPC peering, users ensure networks that host and communicate their data are secure. In his session at 20th Cloud Expo, Jay Gordon, a Developer Advocate at MongoDB, will explain how to properly architect your VPC using existing AWS tools and then peer with your MongoDB Atlas cluster. He'll discuss the secur...