3FOOD

Third Industrial Revolution Consulting Group
OVERVIEW
INDUSTRY
The European Union is potentially the largest
internal market in the world, with 500 million
consumers, and an additional 500 million
consumers in its associated partnership regions,
stretching into the Mediterranean and North
Africa. The build-out of an Internet of Things
platform for a Third Industrial Revolution,
connecting Europe and its partnership regions in
Co-Chairs Nicolas Buck and Jérôme Merker,
and the Luxembourg Industry Working Group;
Michael Totten (Assetsforlife.net), John “Skip”
Laitner (Economic and Human Dimensions
Research Associates), and Jeremy Rifkin, TIR
Consulting Group LLC
a single integrated economic space, will allow business enterprises and prosumers to produce
and distribute their own virtual goods and their own renewable energy, use driverless electric
and fuel-cell vehicles in automated car sharing services, and manufacture an array of 3D printed
products at low marginal cost in the conventional marketplace, or at near zero marginal cost in
the Sharing Economy, with vast economic benefits for society.
Luxembourg hosts diverse industrial sectors including finance, logistics, chemicals,
biotechnology, agriculture, steel, glass, audiovisual, crafts, and tourism. Luxembourg ranks only
second to Germany among the 28 EU Member States in business innovation, making its
business culture primed for leading the EU into the digital economy.
Luxembourg’s leading industries will explore the vast opportunities brought on by the
convergence of the Communication Internet, Renewable Energy Internet, and the automated
Transportation and Logistics Internet, and the build out of an Internet of Things infrastructure.
Cross-industry collaborations, the development of open-source platforms, the lateralization of
value chains, collaboration between conventional market-based companies and startups in the
Sharing Economy, and new distributed business models, will draw Luxembourg’s industrial
sectors into the emerging digital business culture. Every industry will be tasked with exploring
new ways to utilize the Internet of Things to increase its aggregate efficiencies, raise
productivity, reduce marginal costs, and lower its ecological footprint in a smart green
Luxembourg.
The transformation of Luxembourg’s industries into the new digital economic paradigm will be
assisted by a number of world-class scientific and technical institutions. The Luxembourg
Institute of Technology (LIST) was created from the merger of the Gabriel Lippmann and Henri
Tudor Public Research Centers. In operation since 1 January 2015, the center was established to
provide research and technical support for transitioning Luxembourg’s industries into a high-
201