09.06.2016

Alexander De Croo speaks at Singularity University in Stockholm

Deputy Prime Minister and Minister of Digital Agenda and Telecom Alexander De Croo attended the Singularity University event in Stockholm in order to discuss the role of Europe’s Digital Frontrunners.

In order to bring the audience a deeper and broader understanding of the transformative impact of digitization on society, minister De Croo debated together with Swedish Economy Minister Mikeal Damberg and Irish Minister of State Dara Murphy. “It is important that Europe’s digital frontrunners unite and push the digitization of Europe’s even further, faster and broader,” Alexander De Croo said.

Talent and capital

Making Europe a digital front running area requires Europe to deepen two specific dimensions: talent and access to capital. According to Alexander De Croo there needs to be more mobility of digital talent across Europe and more people with adequate digital skills on the one hand. On the other hand a multi-country focus towards capital is needed.

Collaboration between the digital front-runners also includes elaborate joint positions on proposals from the EU commission and being able to exchange best practices, such as the Belgian initiative on sharing economy and digital act.

Unicorns

Apart from attending the Singularity University event, Alexander De Croo also visited several Swedish so-called ‘unicorns’ (meaning billion dollar tech companies) including Klarna (e-commerce), Spotify (music streaming) and Sting (Sweden’s largest incubator).

More information on these digital frontrunners can be found in the report ‘Digitizing Europe’ recently published by the Boston Consulting Group (BCG).

Overview

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