Germany’s Ministry of Education and Research (BMBF) is making a massive investment to help 6G communications technology replace the current standard 5G. The ministry is allocating EUR 700 million from the government’s “Future Fund” and elsewhere to underwrite 6G research in the coming four years.
Industries / Digital Economy
Sales revenue in the gaming industry rocketed up 32 percent last year. German industry organization game registered more than EUR 8.5 billion in sales in 2020 compared with just under EUR 6.5 billion in 2019.
Germany’s days as a digital straggler are over. The country is getting up to speed, and both international companies and foreign IT specialists are discovering Germany’s advantages as place to do business and work. Germany Trade & Invest Director for the Digital and Service Economy Marc Rohr tells us why.
German consumers have long been skeptical of e-commerce. But pandemic restrictions coupled with the sheer convenience of it have won Europe’s most conservative shoppers over to Internet retail platforms, as one sector in particular illustrates.
Germany has traditional been one of the most important financial markets in the world. That’s become even more true after Brexit. Get a quick overview in our animated video.
Berlin start-up MonitorFish has won the 2020 Change Award of the European Innovation and Technology Institute.
Germany’s 12 digital hubs have continued to offer valuable resources to fledgling businesses during the pandemic. Workshops and networking events now take place as video conferences, offering foreign firms a unique opportunity to take part remotely.
Jörn Holtmeier, managing director of the Association of the German Trade Fair Industry (AUMA), discusses how the sector is coping with coronavirus restrictions.
Buying footwear over the Internet normally involves a certain amount of risk. Cologne start-up OneFID solves developed a digital app that allows buyers to scan their feet, so that the shoes they order is guaranteed not to pinch their toes or chafe their heels.
The Latvian startup Maritime Digital relocated its headquarters from Riga to Lübeck in August 2020.