Right caliber talent pool
Embedded across the entire country, Lithuania’s advanced information and communications network is super-fast and ultra-reliable. What's more, Lithuanians are among the most ICT-proficient nations in European Union – Lithuania tops the rankings with 96,7% of individuals aged 16-24 obtaining ICT skills through formal education institutions1
Lithuania has got plenty to offer in terms of availability of IT professionals in particular. Currently, more than 22,000 IT professionals employed on the market with and addition of 6200, who are studying IT curriculums in 21 higher education institution across the country. Topping Estonia and Latvia, this provides an addition of 1,750 IT professionals yearly.
World-class ICT infrastructure
Lithuania is among the leading countries in information and communication technologies in Europe and the world:
- 2nd fastest internet upload and 4th fastest download speed in the EU2
- 1st in the World competitiveness yearbook rankings for communications technology3
- 3rd in the EU for the share of fixed broadband lines equal to or above 30Mbps4
- 1st in the EU and 6th in the World for highest fiber to the home penetration rate (31%)5
The number of apps developed in Lithuania from 2009 -2011 has gone up by 1500%
Additionally, Lithuania is 1st in Europe for density of network of public internet access points. Consequently, 93% of all financial operations are performed via e-banking in Lithuania. The most up-to-date ICT technologies (LTE technology, 3G mobile communications infrastructure, mobile WiMAX 4G Internet etc.) are fully implemented and functioning in the entire country.
Home to World leaders in IT
With strong entrepreneurial spirit, Lithuania has rapidly become a leader for technological start-ups. The number of apps developed here from 2009 to 2011 has gone up by 1500%. On average, that is an app developed in Lithuania every 3 days.
1st commercial mobile digital signature pilot in the world.
2nd biggest App store globally.
3rd best-selling mobile application on the Mac App Store. Apple Design Award 2011.
1st Java based UML tool trusted by multinational businesses and NASA; distributed in more than 70 countries.
No. 1 social network in Nigeria with 2.2m+ registered users and with 5m+ registered users across the world, focusing on the mobile customers in emerging markets.
Sources: 1: European Comission, 2012 2: Net Index; 3: The Word competitiveness yearbook 2012; 4: FTTH Council Europe; 5: European Commission; International Property Rights Index, 2012 Based on Expert opinion survey in in each country
Success stories: Lintel,TeliaSonera, Microsoft, GetJar etc. More success stories