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Third Industrial Revolution Consulting Group<br />

of these sectors will be profoundly affected by the Third Industrial Revolution, and a<br />

complete understanding and mastery of the ensuing issues will entail an inter-disciplinary<br />

approach. In order to position Luxembourg in an anticipatory seat, it makes sense to design<br />

cross-institute initiatives with long-term ambitions and goals. The LUX-TIR cross-institute<br />

initiative aims at identifying research themes of common interest between LCSB, LIH, LISER,<br />

LIST, and the University of Luxembourg (and possibly other institutes) in the realm of the<br />

Third Industrial Revolution and its impact on the Smart Economy. Many of these themes<br />

can be funded for a short period of exploratory research, and the outcomes can be subject<br />

to independent review. Only a few selected themes should then be pursued for a longer<br />

term. Initial themes proposals: mid-2017. Exploratory phase: until end of 2017. Research<br />

on selected themes: 2018-2020.<br />

2.5 Software Development. Software development skills are crucial in the IoT Economy. LUX<br />

could focus on developing and attracting talent in LUX-specific areas within this field. For<br />

example:<br />

2.5.1 Migration of legacy application – as businesses and public organizations change the<br />

functioning of their ICT systems to adapt to new standards, migrating applications<br />

becomes a technology service and skill set.<br />

2.5.2 Cloud architecture – many digital services are now consumed on virtual infrastructure<br />

found in numerous locations connected via the Internet (“the cloud”); applications are<br />

required to be optimized for this deployment and delivery model.<br />

2.5.3 Mobile platforms – many applications now need to be optimized for tablets and<br />

smartphones. This impacts how mobile applications are managed and secured. Mobile<br />

platforms will increasingly run by secure containers (an authenticated encrypted area of<br />

a user's mobile device) which will enable the improved management of secure data on<br />

mobile devices that can be used to block sensitive corporate information from personal<br />

information.<br />

2.5.4 Bespoke applications – while many applications are available off the shelf or as cloudbased<br />

services, the development of bespoke applications must be pursued to suit<br />

organizations’ specific infrastructure and needs.<br />

2.5.5 User experience – the adoption of digital products and services is linked to the ease of<br />

use of the technology – both in the mass market and in specific areas such as health.<br />

The idea goes beyond design of the product and service and captures the complete set<br />

of interactions a user has with the provider.<br />

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