3FOOD

Third Industrial Revolution Consulting Group
Making Smarter & Integrated Sectors
Grids+Vehicles+Buildings+Industries
The Next Industrial Revolution
Recall, aggregate efficiency measures the ratio of potential to useful work in every economic
conversion. The higher the aggregate efficiency, the less material and energy are wasted in the
conversion process. The build-out of an IoT infrastructure across Luxembourg provides a
technological platform for tightening circularity across every conversion on every value chain.
The IoT platform also assists circularity in another way. By reducing the marginal cost of
producing and distributing virtual and physical goods to near zero, the IoT fosters the growth of
the Sharing Economy. The Sharing Economy is by its very nature a circular economy. Goods and
services are redistributed over and over, enabling a much higher efficiency per used resource.
The Luxembourg EcoInnovation Cluster of the Ministry of the Economy and the Ministry of
Sustainable Development and Infrastructure is charged with the responsibility of advancing the
circular economy, green mobility, and sustainable cities and smart technologies. The mission of
the Luxembourg EcoInnovation Cluster is to assist companies in the promotion of ecotechnologies,
the development of new environmental solutions, particularly in sustainable
construction, building public awareness around green technologies, and promoting publicprivate
partnerships to advance a smart sustainable Luxembourg. The Luxembourg
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