Could “Made in Portugal” be the new Holy Grail? Although the health crisis has shown limits in reliance on Asian suppliers and triggered a migration movement in Europe, many are moving toward investing in the Lusitanian region.
Especially since the country, which has long been committed to Industry 4.0, offers a global ecosystem, consisting of highly qualified talent, omnipresent cooperation between different players and competitive pay despite having top-notch infrastructure. Presence of Mega Data Center. A breeding ground for innovation projects.
“Out of the .9 13.9 billion envelope of the Portuguese recovery plan, 22% support digital transformation, but digitalisation is the key to the future of the industry,” said Gunnell Guillemot, head of Cesir’s industry department and director of the institute. By From these X-rays, Portugal emerges with about 60 projects, 16 of which are worth more than 30 30 million, especially in the automotive sector, electrical equipment or rubber.
In scientific research, Portugal is ahead of the European average.
Elvira Fortunato, Portuguese Minister of Science, Technology and Higher Education
A dynamic that owes much to government strategy, which was started more than four decades ago in favor of education. “There are five Portuguese engineering schools in the QS World University Rankings, an international ranking of the best technical education institutions,” said Gonzalo Guerrero, director of the Grant Thornton in Portugal. “In Portugal, the connection to universities connected to the national science and technology system is a condition of access to some of the public support provided to companies,” he said.
These public-private gateways, built nationwide in the form of laboratories across Minho, Aveiro, Coimbra, Porto, Lisbon and other campuses, place the region among the champions of R&D, especially in the face of disrupted technology. “In scientific research, Portugal is ahead, above the European average and even above countries like Sweden,” Elvira Fortunato, the Portuguese Minister of Science, Technology and Higher Education, recently pointed out. , Himself an engineer and winner of the 2020 Pesoa Award for his contributions to the scientific development of Portugal.
This translates into the expansion of ultramodern factories and future logistics centers, which grew with the help of lots of data analysis, artificial intelligence or even the cloud, the result of investments by Portuguese and foreign groups. And which brings together a swarm of suppliers and partners of all sizes.
Paolo Rosado, president and co-founder of OutSystem, a pioneer of the low-code platform born in Portugal in 2001, and which today has 1,700 employees worldwide, linked the explosion to the use of its solutions in the race for innovation. “Our tools allow companies to develop, deploy and manage the applications they need for their operations. The fact that a growing number of companies are using these technologies reflects the global hunger for digitization and the search for continuous innovation,” he said.
“Very Innovative Country”
And if Outsystems has customers in about twenty sectors, it turns out that “smart manufacturing” and “smart supply chains” (intelligent production and supply chains) alone focus a significant amount of enterprise.
As a result, Portugal has been included in the European Circle of Innovation Scoreboard, the 2020 edition of the European Commission’s annual dashboard, in the valuable circle of “very innovative countries”, which evaluates countries’ performance in terms of innovation. Suffice it to say that Gwenaël Guillemot “no longer needs to show the best nature of Portugal’s productive tools.”