The Netherlands IT Industry
The Dutch IT industry is well-known around the world for its rapid innovation and adoption of new technology, serving as a link to at least 60 per cent of the companies listed in the Forbes 2000 that are active in the IT industry. The Dutch IT sector is one of the most reliable and appealing industries worldwide as the Netherlands is known as the most connected country in the world and the most competitive country in Europe. The IT industry in the country is also the second-best broadband (internet connectivity) in Europe. In this article, you will find out how you can start an IT company in the Netherlands.
The Dutch Way
The Dutch value their entrepreneurship, directness, openness and pragmatism. Together, these factors make for an excellent fit for the high-tech, IT industry, as well as the ideal country for finding solutions in all technological areas such as security, health and wellness, agriculture and connectivity. This makes the Netherlands an ideal country to start an IT company.
The Netherlands has a thriving, cooperative startup ecosystem and is ranked as one of Europe’s top five innovators. It has many incubators, a thriving IT sector and a talent pool that is competitive on a global basis. In fact, the Dutch country has the most linked economy in the world, which is another reason why forward-thinking entrepreneurs want to base their businesses there.
The Netherlands is recognised as the fourth best country in Europe for startups; Amsterdam has Europe’s fastest-growing startup environment. When you consider the Dutch government’s commitment to assisting businesses, starting a business in the Netherlands is the best option, especially if you you are looking to start an IT company.
Access to professionals and a ready customer base
According to the World Economic Forum, the Netherlands is the sixth most technologically advanced nation in the world. The south of the Netherlands has been nominated as the most innovative area in the world, offering entrepreneurs and companies access to many IT professionals through the University of Twente, Delft and other Tech Companies. Crossovers and collaborations in areas such as these enable rapid innovation throughout the country. Some well-known Dutch innovations include:
- WiFi
- BlueTooth
- CD
- DVD
- Python (Programming language)
A consistent supply of new IT professionals is provided each year by the Dutch advanced education system, which also ranks amongst the highest globally in math and science metrics. The Dutch also speak English better than any other non-native population in Europe, a fact that distinguishes them from other non-native populations.
The Netherlands is not only a leader in research and development, but it also has a culture that embraces new innovations and is generally regarded as being amongst the early adopters.
A talent competition leader
The Netherlands is a global leader in talent, ranking sixth in the world for talent competitiveness. The top three-ranked Dutch university system in the EU plays a significant role in the country’s ability to develop and attract talent. Furthermore, the Dutch are amongst the best English speakers in the world, which is advantageous for foreign entrepreneurs operating in the country.
Technological Leader
The Netherlands is a desirable test market for important technologies because the Dutch are early adopters of technology and innovation. The Dutch government is making significant investments in artificial intelligence (AI) as a subject of global competition through its Strategic National Plan for AI. The Netherlands is also a major centre for software development, with the most developers per capita in the EU. The Dutch are investing in digital and transportation technologies, as evidenced by Amsterdam’s fourth-place finish in the 2019 Savills Tech Cities index.
WheelAir, a Scottish medical technology company, established a subsidiary in the Netherlands with the assistance of Bolder Launch due to the country’s life sciences and healthcare hubs.
How the Netherlands enables market entry
According to Harvard Business Review, the Netherlands is ranked third in the world for the simplicity of conducting digital business. The Dutch government makes an important contribution by providing international startups with the resources and knowledge they need to establish businesses in the Netherlands. Given the abundance of options, it’s understandable that companies in the Netherlands are leading the charge to prepare the world for the future.
Why you should start your IT company in the Netherlands
In conclusion, the Netherlands is the most competitive nation in Europe and has excellent R&D facilities, access to a wealth of professionals, attentive citizens and exceptional language abilities. The Netherlands is one of the major participants in the IT industry on the global arena, and because of its superb logistical connectivity to the rest of Europe, it is even more alluring to businesses. As such, it should be taken into consideration as a prospective country to expand towards. As a result, it should be considered as a prospective country to develop towards.
Starting an IT company involves a lot more than just wanting to work on as many exciting projects as you can. For instance, you must ensure that your network, administration and everything else is in order legally. Entrepreneurs in the IT sector receive assistance from Bolder Launch with these concerns specifically. You can focus entirely on what you do best, which is producing outstanding ICT assignments because we will take care of all of your burdens.
So, are you ready to launch your IT company in the Netherlands? Contact a member of our launch team!
This guide is part of Market Entry into The Netherlands in our Launch Guide.
