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October
22
THE LBSA DOES NOT REDUCE THE MOMENTUM OF DIGITISATION
In 1972, the General Assembly of the United Nations proclaimed 24 October as World Information Technology Development Day.
As early as 1993, it was estimated that a person spends one year of their life at a computer. In 2009, 57% of the population in Lithuania knew how to use a computer and 55% used the Internet. In 2015, it was announced that a person spends 11 years of their life at a computer. In 2018, approximately 1.56 billion smartphones were sold worldwide. Today, sociologists say that a person spends 7.5 hours every day on social networks or working on a computer, and often uses three smart devices. According to the Ericsson Mobility Report 2018, mobile broadband subscriptions reached 104% in the fourth quarter of 2018. There are more than 7.9 billion mobile broadband subscriptions worldwide.
‘We have to look to the future and, in view of the plans and documentation being prepared for the new EU structural support financial period, I can say that the digitisation area will be the first to receive approval for business support measures, and that is where business can focus,’ says Arūnas Burinskas, Deputy Director of Investment Management Service of the Lithuanian Business Support Agency.
‘Based on the indicators published by the European Commission, we can see that Lithuania has jumped very strongly according to the innovation index, and is now 92% of the European Union average. We are practically catching up with the EU average. It is very important that the intangible assets of our country’s companies, the so-called know-how, grow proportionally’.
Lithuanian businesses are provisionally expected to receive EUR 860 million in investment over the next six years, slightly more than in the last funding period. According to the priorities planned, the bulk of the funds will be spent on research and experimental development (R&D), digitisation, small business start-ups and competitiveness, and skills development projects, with an estimated EUR 750 million.
As early as 1993, it was estimated that a person spends one year of their life at a computer. In 2009, 57% of the population in Lithuania knew how to use a computer and 55% used the Internet. In 2015, it was announced that a person spends 11 years of their life at a computer. In 2018, approximately 1.56 billion smartphones were sold worldwide. Today, sociologists say that a person spends 7.5 hours every day on social networks or working on a computer, and often uses three smart devices. According to the Ericsson Mobility Report 2018, mobile broadband subscriptions reached 104% in the fourth quarter of 2018. There are more than 7.9 billion mobile broadband subscriptions worldwide.
‘We have to look to the future and, in view of the plans and documentation being prepared for the new EU structural support financial period, I can say that the digitisation area will be the first to receive approval for business support measures, and that is where business can focus,’ says Arūnas Burinskas, Deputy Director of Investment Management Service of the Lithuanian Business Support Agency.
‘Based on the indicators published by the European Commission, we can see that Lithuania has jumped very strongly according to the innovation index, and is now 92% of the European Union average. We are practically catching up with the EU average. It is very important that the intangible assets of our country’s companies, the so-called know-how, grow proportionally’.
Lithuanian businesses are provisionally expected to receive EUR 860 million in investment over the next six years, slightly more than in the last funding period. According to the priorities planned, the bulk of the funds will be spent on research and experimental development (R&D), digitisation, small business start-ups and competitiveness, and skills development projects, with an estimated EUR 750 million.
