Fortrino

Fortrino

IT Services and IT Consulting

Luxembourg City, Luxembourg 206 followers

Catalyst for growth | Supporting European Innovation | European Project Collaboration

About us

Fortrino: A Luxembourg-based firm passionate about European Innovation project collaboration, driven by a team of Serial Entrepreneurs and Technology investors. Our experts in dissemination and communication, exploitation, policy consultation, and post-project support, including funding, make us the go-to for comprehensive project support and resources. We collaborate widely, serving diverse organisations and governments, both European and international. Connect with us to explore shared opportunities.

Website
https://fortrino.com/
Industry
IT Services and IT Consulting
Company size
2-10 employees
Headquarters
Luxembourg City, Luxembourg
Type
Privately Held
Founded
2017
Specialties
Innovation Procurement, Tech Sourcing, Commercialisation, Sustainability, Bioeconomy, Circular Economy, Horizon Europe, European Commission, Erasmus, Digital, Industry, Space, Climate, Energy, Mobility, Food, Bioeconomy, Agriculture, Environment, Cybersecurity, and Health

Locations

  • Primary

    68 Rue de l’Etang

    Dudelange

    Luxembourg City, Luxembourg L 3465, LU

    Get directions

Employees at Fortrino

Updates

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    206 followers

    🇪🇺 Europe Has a New Space Rocket - Ariane 6 Makes Successful First Flight!!! 🚀 On July 9, 2024, Europe's new heavy-lift rocket, Ariane 6, successfully completed its maiden flight from the Guiana Space Centre in French Guiana. This significant milestone for European space transportation marks the debut of a rocket designed to offer enhanced power and flexibility at a reduced cost compared to its predecessor, Ariane 5. The Ariane 6 launch was a demonstration flight, showcasing its capability to carry multiple payloads to different orbits. It included a variety of satellites and experiments from space agencies, companies, research institutes, and universities. The rocket's modular design, which allows configurations with either two or four boosters, and its re-ignitable upper stage, provide versatility for various mission profiles. The rocket's development involved several key partners. The European Space Agency - ESA managed the program and budget, while ArianeGroup, the industrial lead contractor, handled the rocket's development and production. The French space agency CNES designed and built the launch pad. Despite previous delays due to technical issues, the COVID-19 pandemic, and geopolitical factors, Ariane 6's successful launch reinstates Europe's autonomous access to space. The rocket is set to conduct six launches in 2025 and eight in 2026, with 30 missions already booked, including deployments for Amazon's Kuiper satellite constellation. 🇪🇺 The launch was a significant achievement, restoring confidence in European space capabilities and positioning Ariane 6 as a critical asset for future space missions. 🚀 For further information, refer to autoevolution's article here 👇 https://lnkd.in/dCKkP29k #space #spacetech #rocket #Ariane6 #European #success #future #satellites #space_agencies #companies #researchers #institutes #universities #tech #technology #innovation #innovators #investors #investment #founder #startups #SMEs #entrepreneur #entrepreneurship

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    🎓 Identifying and Overcoming Your Leadership Blind Spots 👀 Leadership blind spots are unrecognized weaknesses or areas for improvement. Recognizing and addressing these blind spots is crucial for effective leadership and team performance. 🔰 Common Leadership Blind Spots:  - Over-Estimating Your Own Ability: Leaders may believe they are more strategic than they actually are, often focusing on operational rather than strategic challenges.  - Clinging to the Status Quo: Resistance to change can hinder progress. Leaders must continually adapt and innovate.  - Avoiding Tough Conversations: Not addressing poor performance or conflicts can negatively impact team morale and productivity.  - Believing the Rules Don’t Apply: Leaders must lead by example. Hypocrisy can erode trust and respect.  - Failure to Focus on the Important Few: Leaders should prioritize critical tasks and reward positive behavior to encourage desired actions. 🔰 Strategies to Overcome Blind Spots:  - Invite Feedback: Encourage colleagues and team members to highlight areas for improvement.  - Celebrate Transparency: Recognize and reward those who bring issues to light, fostering a culture of openness.  - Conduct Listening Tours: Spend time with different teams to understand their challenges and successes.  - Develop Feedback Loops: Implement systems for anonymous feedback to surface hidden concerns.  - Train on Communication: Equip the team with skills for effective communication and conflict resolution.  - Normalize Difficult Topics: Regularly discuss tough subjects to create an environment where issues can be openly addressed.  - Lead with Curiosity: Ask open-ended questions to encourage dialogue and understanding. 🔰 Importance of Addressing Blind Spots:  - Enhances self-awareness and leadership effectiveness.  - Builds stronger connections with the team.  - Promotes a culture of psychological safety and proactive problem-solving. 🎓 By implementing these strategies, leaders can transform their blind spots into strengths, leading to a more cohesive and effective team. 🎓 For more details, you can read the full article on Inc. Magazine 👇 https://lnkd.in/eaXZ7CMC #leaders #leadership #thoughtleadership #blindspots #motivation #inspiration #innovator #entrepreneur #CEO #SME #startup #founder #researcher #investor #VCs #scientist #educator #coordinator #teamwork #future #entrepreneurship #management

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    🎓 Machine Learning vs AI: Differences, Roles , Impacts & Salaries in 2024 🎓 🤖 Definitions  - **Artificial Intelligence (AI)**: Broad field focused on creating systems that can perform tasks that typically require human intelligence, such as decision-making, speech recognition, and language translation.  - **Machine Learning (ML)**: A subset of AI that enables systems to learn from data, identify patterns, and make decisions with minimal human intervention. 🤖 AI Overview  - AI encompasses a range of technologies and applications, aiming to simulate human cognitive processes.  - AI is divided into narrow AI (specific tasks) and general AI (broad tasks similar to human intelligence).  - Examples include chatbots, virtual assistants, and autonomous vehicles. 🤖 Machine Learning Overview  - ML focuses on algorithms that improve automatically through experience.  - It uses statistical methods to enable machines to improve at tasks with data.  - ML algorithms include supervised learning (labeled data), unsupervised learning (unlabeled data), and reinforcement learning (reward-based learning). 🤖 Deep Learning (DL)  - A specialized subset of ML involving neural networks with many layers.  - DL excels at analyzing complex patterns in large datasets.  - Common applications include image and speech recognition. 🤖 Comparison  - AI is the broader concept of machines being able to carry out tasks in a way we would consider “smart.”  - ML is a specific application of AI that allows machines to learn from data.  - DL is a subset of ML with more layers of data processing, mimicking the human brain's neural networks. 🤖 Technological Impact  - AI and ML are transforming industries by automating tasks, enhancing decision-making, and providing new insights through data analysis.  - The rise of AI technologies is leading to new roles and responsibilities in the tech sector, driving innovation and efficiency. 🤖 For further details, you can visit the article on Techopedia 👇 https://lnkd.in/dFBZU_nb #AI #ML #DL #artificialintelligence #machinelearning #algorithms #tech #technology #impacts #differences #innovation #innovator #chatbots #autonomy #virtual #entrepreneur #entrepreneurship #salaries #future

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    🌐 30+ Global Top Tech Startups & Companies in 2024: Shaping the Future 🌐 Every day, the global startup ecosystem introduces groundbreaking innovations and business models. Examples include Neuralink's brain-computer interface, enhancing care delivery, and OpenAI's language models, revolutionizing content creation and customer service. Despite a slowdown in venture capital compared to 2022, tech companies secured $315 billion in funding in 2023, highlighting their significance and the Emerging Technology for 2024 & the future. 🌐 Executive Summary StartUs Insights comprehensive guide showcases over 30 top technology startups, using their Discovery Platform, which profiles over 4.7 million companies, organized into 8 broader clusters, offering a glimpse into the current technology landscape and practical uses of emerging technologies. It is designed to empower innovation managers, entrepreneurs, and technology enthusiasts to confidently navigate the technology market and stay ahead of the competition. 🌐 Categories and Some Examples of the 30+ Tech Startups 1. **AI & Data Science**   - Panjaya.ai: Generative AI dubbing platform (USA)   - Epigos AI: Computer vision model training (UK) 2. **Advanced Computing**   - Glassity: Cloud computing cost management (Estonia)   - Quantum Source: Quantum computing (Israel) 3. **Extended Reality**   - Veles Technology, s.r.o.: VR headsets (Czech Republic)   - AR Genie Inc.: AR remote assistance (USA) 4. **Blockchain & Decentralized Systems**   - Skey Network: Low-cost blockchain ecosystem (Lithuania)   - Qippay: Open banking gateway (New Zealand) 5. **Connectivity & Security**   - Arishti Info Labs: IoT security (India)   - Mind Labs: Zero-trust security (Singapore) 6. **Advanced Manufacturing & Engineering**   - Jacobi.ai: Advanced robotics (China)   - AMAREA Technology: Multi-material 3D printers (Germany) 7. **HealthTech & Biotech**   - Solu Healthcare: Genomic infection surveillance (Finland)   - Zyneyro: Gene therapy for chronic pain (Denmark) 8. **Emerging & Specialty Technologies**   - Real Carbon Technologies: CO2-to-sustainable fuels (Poland)   - BirgerMind: Non-invasive brain-computer interfaces (Latvia) 🌐 The report emphasizes the importance of leveraging advanced analytics and market research to navigate the dynamic and competitive startup ecosystem, fostering innovation and capitalizing on emerging opportunities. To view the Comprehensive List of all 30+ Top Tech startups, go to the StartUs Insights report here 👉 https://lnkd.in/dHHvuTZ9 #Global #tech #emergingtechnology #TopTech #AI #Healthtech #biotech #robotics #Iot #security #blockchain #AR #VR #quantum_computing #startups #startup #founder #investor #investment #innovations #business #models #innovator #ecosystem #VCs #venturecapital #SMEs #entrepreneur #entrepreneurship

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    🇪🇺 Europe Can Better Support Venture Capital to Boost Growth and Productivity 🇪🇺 The European Union faces a significant productivity issue, producing nearly 30% less per hour than the United States since 2000. A critical factor is the failure to develop innovative startups into major firms. This problem is exacerbated by Europe's fragmented economy and bank-based financial system, which is not suited for high-risk startups. To address this, the EU needs to enhance venture capital markets and reduce cross-border financial frictions. Measures include tax incentives, reducing regulatory barriers, and expanding the European Investment Fund's capacity to support venture capital funds and innovative startups. Below is a Summary of the International Monetary Fund blog that highlights the issues, recommendations, challenges and impacts on this:- 🔹 Productivity Problem:   - EU productivity per hour is nearly 30% less than the US since 2000.  - Slow development of innovative startups into “superstar” firms hinders productivity growth. 🔹 Fragmented Economy and Financial System:  - Lack of a single market for goods, services, labor, and capital makes scaling up costly and difficult.  - Bank-based financial system unsuitable for risky high-tech startups.  - Startups rely on intangible assets, hard to use as bank loan collateral. 🔹 Private Capital Pools:  - Smaller and more fragmented compared to the US.  - Europeans invest less in equity and more in bank accounts. 🔹 Market Fragmentation:  - National laws, regulations, and taxes hinder cross-border investments.  - Institutional investors prefer domestic companies, limiting venture capital. 🔹 Venture Capital:  - Key to spurring productivity and innovation.  - EU venture capital investments averaged 0.3% of GDP, far less than the US.  - Post-Brexit, the EU lost London as a major venture capital center. 🔹 Recommendations:  - Strengthen venture capital markets and remove cross-border financial frictions.  - Expand European Investment Fund #EIF and European Investment Bank #EIB resources.  - Encourage EIF to create a pan-EU fund-of-funds.  - Reduce regulatory and tax barriers to venture capital.  - Develop private pension funds to expand domestic capital pools.  - Support from national public financial institutions to attract private capital. 🔹 Challenges:  - Established startups have fewer options for growth through IPOs in the EU.  - Scale-up financing gap forces startups to seek funding abroad. 🔹 Potential Impact:  - Increased venture capital can enhance productivity, innovation, and competitiveness.  - Support for clean tech sectors aligns with EU’s green ambitions, reducing reliance on subsidies. For more details, read the full article on the International Monetary Fund Blog 👉 https://lnkd.in/eRaYxF-f #VCs #venturecapital #investors #investment #tech #startups #entrepreneurship

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    💡 Innovation Intelligence & the Rapid Pace of Technological Development 🎓 The rapid pace of technological innovation presents both challenges and opportunities for companies. Innovation intelligence helps businesses monitor the innovation landscape, understand market demands, and anticipate industry disruptions, turning rapid technological changes into a competitive advantage. 🎓 Introduction to Innovation Intelligence Innovation intelligence uses various methods to identify promising startups, technologies, and market trends, providing actionable insights to advance business goals. 🔑 Key methods include: - Innovation Scouting - Startup Scouting - Technology Scouting - Trend Intelligence - Open Innovation - Business Intelligence - Market Intelligence - Customer Intelligence - Competitor Intelligence 💡 Data-Driven Approaches Companies increasingly rely on data-driven approaches powered by big data and AI. Innovation intelligence involves collecting, enriching, and analyzing publicly available data on global innovations to support effective decision-making. 💡 Innovation Scouting Innovation scouting proactively searches for emerging trends, technologies, and startups, helping companies align their goals with industry directions. Use cases include product development, strategic partnerships, ecosystem engagement, and building an acquisition pipeline. 💡 Startup Scouting and Technology Scouting Startup scouting identifies promising startups that align with business goals, while technology scouting systematically evaluates emerging technologies. Both face challenges like limited visibility, resource demands, and rapid technological changes. 💡 Trend Intelligence and Open Innovation Trend intelligence analyzes data to identify emerging trends, aiding informed business decisions. Open innovation encourages collaborations with external partners to drive innovation. 💡 Business, Market, and Customer Intelligence Business intelligence informs strategic decision-making, market intelligence offers insights into sector dynamics, and customer intelligence understands deeper customer motivations and behaviors. 🎓 Innovation intelligence transforms business growth and strategic planning, enabling companies to uncover opportunities and achieve sustainable growth. 💡 StartUs Insights provides detailed insights on all these aspects of Innovation Intelligence - the struggles + tools + actions, at the following link 👉 https://lnkd.in/dvs5GREz #innovation #innovation_intelligence #data_driven #tech #innovator #entrepreneur #startup #founder #investor #venturecapital #VCs #SMEs #tools #action #struggles #strategies #market #business #future #entrepreneurship

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    🇪🇺 Success Stories:- A holistic model to help Europe’s farmers 👨🌾 🏆 The Ploutos_H2020 Project - https://ploutos-h2020.eu/ European agriculture is currently facing a critical juncture, as farmers grapple with increasing expenses, debt, climate change, and the challenge of inexpensive imports. The Ploutos project, funded by the EU, aimed to bring about significant transformation through a Sustainable Innovation Framework that introduces impactful innovations throughout the entire value chain. Ploutos advocates for a transition from technology-focused solutions to a more comprehensive model that combines digital tools with sustainable business and behavioral innovations through its Sustainable Innovation Framework. This approach effectively tackles the interconnected issues of the agri-food industry and sets the stage for lasting sustainability. 📖 Read about this inspirational project and their journey from October 2020 to September 2023, here 👉 https://lnkd.in/dGxSn6zB #research #innovation #projects #success #stories #holistic #sustainability #tech #agrifood European Commission #Ploutos #agriculture #farming #impact #researcher #innovator #scientist #SMEs #coordinators #entrepreneur #entrepreneurship

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    😎 Innovators and Entrepreneurs, here are a few motivational quotes from famous European innovators to start your week on a positive note. ✨ 1. **Nikola Tesla (Serbian-American Inventor)**   - "The present is theirs; the future, for which I really worked, is mine."    2. **Marie Curie (Polish-French Physicist and Chemist)**   - "I am among those who think that science has great beauty." 3. **Leonardo da Vinci (Italian Polymath)**   - "Learning never exhausts the mind."   - "Simplicity is the ultimate sophistication." 4. **Alexander Graham Bell (Scottish-born Inventor)**   - "When one door closes, another opens; but we often look so long and so regretfully upon the closed door that we do not see the one which has been opened for us." 5. **Richard Branson (British Entrepreneur)**   - "Do not be embarrassed by your failures, learn from them and start again." 6. **Tim Berners-Lee (British Computer Scientist, Inventor of the World Wide Web)**   - "We need diversity of thought in the world to face the new challenges." 💫 These quotes reflect the vision, perseverance, and innovative spirit of these remarkable individuals. #innovator #entrepreneur #motivation #inspiration #startup #founder #SMEs #leaders #management #CEO #marketer #investor #VCs #vision #future #success

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    🇪🇺 Entrepreneurs - Here are some notable entrepreneur Webinar events in Europe from July to December 2024 💻 1. Startup Grind Europe Conference   - 🗓 July 18, 2024   - 💻 Online   - 🎓 Overview: This #conference brings together a network of #startups, investors, and #entrepreneurs. It features sessions on startup growth, investment strategies, and #networking opportunities.   - 📋 More Info: https://lnkd.in/d42jxHf 2. Tech.eu Summit   - 🗓 November 15-16, 2024   - 💻 🧔 🇬🇧 Hybrid -Online and In-person in London, UK   - 🎓 Overview: A global tech #innovation summit focusing on networking with entrepreneurs, investors, #corporate leaders, and #policymakers to foster sustainable growth and innovation.   - 📋 More Info: https://tech.eu 3. Innovate UK Business Connect Webinars   - 🗓 Various Dates: Throughout July to December 2024   - 💻 Online   - 🎓 Overview: A series of webinars covering various topics such as #AI adoption, #digital security, and #sustainable manufacturing. These webinars aim to support business growth and innovation.   - 📋 More Info: https://iuk.ktn-uk.org 4. Web Summit 2024   - 🗓 November 11-14, 2024   - 💻 Online   - 🎓 Overview: One of the largest #tech conferences globally, Web Summit covers a wide range of topics including #entrepreneurship, technology trends, and #investment opportunities.   - 📋 More Info: https://websummit.com 5. Latitude-59°   - 🗓 September 22-24, 2024   - 💻 🧔 🇪🇪 Hybrid -Online and In-person in Tallinn, Estonia   - 🎓 Overview: This event focuses on #technology and startups, providing a platform for entrepreneurs to connect with investors and industry experts.   - 📋 More Info: https://latitude59.ee 🇪🇺 These events provide excellent opportunities for entrepreneurs to gain insights, network with peers, and explore new business opportunities in the tech and startup #ecosystem.

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    🏆 9 Nordic soonicorns close to the $1bn valuation threshold 🇩🇰 🇫🇮 🇮🇸 🇳🇴 🇸🇪 The Sifted article highlights the emerging "soonicorns" from the Nordic region—startups poised to achieve unicorn status with valuations nearing $1 billion. The Nordic countries, comprising Denmark, Finland, Iceland, Norway, and Sweden, have produced 42 unicorns, a significant number considering the region's relatively small population. Despite a nearly 30% drop in funding in 2022, the Nordics have seen a higher growth in megarounds ($100 million+) than anywhere else in Europe since 2017. 🌍 Here are nine Nordic soonicorns to watch 👀 1. Mentimeter (Sweden) - Valuation: $874M   - Provides interactive presentation software allowing real-time audience engagement. 2. Neat (Norway) - Valuation: $595M   - Designs video devices for virtual meetings, compatible with Zoom and Microsoft Teams. 3. NORNORM (Denmark) - Valuation: $581M-$871M   - Offers subscription-based office furniture aimed at minimizing environmental impact. 4. IQM Quantum Computers (Finland) - Valuation: $563M-$845M   - Supplies quantum computers to research labs and supercomputing centers. 5. Rive(Finland) - Valuation: $550M   - A real estate platform that buys, renovates, and resells properties. 6. Quinyx (Sweden) - Valuation: $550M   - Provides cloud-based workforce management software. 7. ICEYE (Finland) - Valuation: $544M-$816M   - Deploys radar satellites for Earth imaging, targeting government and disaster management sectors. 8. Hemab Therapeutics (Denmark) - Valuation: $540M   - Develops therapeutics for rare blood clotting disorders. 9. Kongsberg Digital (Norway) - Valuation: $540M   - Develops industrial software to optimize efficiency in carbon-intensive industries. These startups exemplify the innovative spirit and technological advancement prevalent in the Nordic region, continuing to attract significant venture capital investments and edging closer to achieving unicorn status. For more details, you can read the full article on Sifted 👇 https://lnkd.in/ef9gtkmH #Nordic #soonicorns #startups #founders #VCs #venturecapital #investor #investors #investment #entrepreneur #entrepreneurship #funding #European #tech #innovation #software #virtual_meetings #office #furniture #quantumcomputers #supercomputing #proptech #realestate #spacetech #medtech #healthtech #energy #biotech

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