The 2022 Smart City Index, published every year by Germany’s digital trade association, Bitkom, features a few surprises, but not at the very summit. Coming out tops again, for the fourth straight year, was the northern German port metropolis of Hamburg with 86.1 of 100 points.
Industries / Digital Economy
The MediaTech Hub Conference, Germany’s only conference on media technologies, will present the latest
insights, best practices and innovations in the fields of cloud, sustainability and the new virtual on 28 – 29 September 2022 under the motto “It’s all MediaTech now”.
Germany’s efforts to transition to a sustainable economy have provided a major boost to funding for greentech start-ups. International companies are flocking to Germany to benefit from the boom in environmental technology and generous government incentives.
Digitalization, the Internet of Things and artificial intelligence are rapidly remaking the logistics and supply chain sectors. The German market for international providers of logistics solutions is heating up – stoked by the coronavirus pandemic and growth in e-commerce.
There’s a growing demand in Germany for financial investment solutions targeting women. Start-ups reorienting their financial services and products around female customers are poised to thrive in Europe’s largest economy.
Process mining and optimization company Celonis from Munich has become the first start-up in Germany to crack the EUR 10 billion valuation mark. This was after receiving a EUR 500 million line of credit and EUR 400 million in venture capital from the Qatari state-run Qatar Investment Authority.
The new German government is committing serious resources make the country a digital leader. Companies like fintech unicorn Qonto are taking advantage of the new emphasis on 1s and 0s in Europe’s largest economy. Watch our video!
As of August 1, it is now possible to form private limited liability companies (GmbHs) or entrepreneurial and limited liability entrepreneurial companies (UGs) entirely digitally.
The excess heat generated by data centers would be enough to provide 350,000 dwellings with heating a year – that’s the conclusion of a study commissioned by German digital industry association Bitkom.
The German-Finnish start-up IQM has taken in some EUR 128 million in funds from investors and rocketed up to sixth overall in terms of the volume of deals, according to business newspaper Handelsblatt.