In 2017, InnovationQuarter attracted a record number of foreign companies to West Holland, made 23 new investments and established over 50 innovative partnerships between companies. These annual results mean that the agency has had yet another record 12-month period in its fourth year of existence. This is evident from TerugblIQ, the 2017 Annual Report, which is published today. InnovationQuarter’s activities in 2017 led to € 146 million of additional private investment and the creation of more than 1,500 high-quality jobs in the region.

In 2017, some 115 foreign companies opened an office or expanded their business in West Holland. These firms are expected to create in excess of 2,300 new jobs and to invest more than half a billion euros in the region. Since 2014, The Hague Business Agency, Rotterdam Partners and InnovationQuarter have been actively collaborating to place the region in the global spotlight and to attract and support foreign companies. This has paid off: over 30% of international companies that set up business in the Netherlands last year chose West Holland, compared to 20% in 2014.

From March 12 to 14, the largest composite trade fair in the world, JEC World 2019, took place in Paris. At the Holland High Tech pavilion, organized in cooperation with trade association CompositesNL, Dutch companies and research institutes presented their latest material developments and newest processing technologies

Cisco released their 2018 Annual Cybersecurity Report: the Increasing Importance of Automation, Machine Learning and Artificial Intelligence. The report reveals that 39% of organisations are reliant on automation, 34% are reliant on machine learning and 32% are highly reliant on artificial intelligence (AI) to defend against threats.