In a groundbreaking move to boost technology skills in Luxembourg, independent business accelerator SkyinQ organized an innovation showcase event on 22nd November 2023, introducing two cutting-edge South Korean companies, Codepresso and Naru Security, to the Luxembourg tech scene.
Codepresso, a successful innovator from South Korea, has developed an innovative platform dedicated to tech and digital training, providing tech skills assessment solutions tailored for HR and recruitment. With plans to expand to Europe, Codepresso has confirmed the establishment of its EU headquarters in Luxembourg.
Nurturing Tech Talent
Codepresso addressed the pressing global shortage of tech workers, projected to exceed 85 million by 2030, amounting to an estimated loss of 8.5 trillion USD in annual revenue.
The showcase, organized in collaboration with SkyinQ, featured a keynote speech by Koen Cloostermans of Digital Learning Hub and a panel discussion on tech skills assessment needs. The panel included experts like Shivani Sondhi (Vodafone/Tomorrow Street), Kristel Weinreich (LIST), and Jinsoo Kim (Codepresso).
“SkyinQ is proud to collaborate with outstanding innovators that can bring synergies
Soyeh KIM, CEO of SkyinQ.
and value to the for Luxembourg economy.”
The event, attended by nearly 50 business influencers from governmental organizations, large corporates, startups, and educational institutions, aimed to address challenges in tech recruitment and continuous learning.
Marc Ernsdorff, Attaché of the Ministry of Economy, highlighted the event’s role in building bridges between Korea and Luxembourg in technology, innovation, and education.
Soyeh Kim, CEO of SkyinQ, expressed pride in collaborating with innovators that bring synergies and value to the Luxembourg economy.
Codepresso’s Impressive Track Record
Codepresso, previously showcased at the Arch Summit in 2022, is already a profitable company with 2 million USD in revenues in 2022, expected to reach 3 million USD in 2023. The company’s success in Korea includes collaborations with industry giants like Samsung, Hyundai, and SK Telecom.
Codepresso’s online education and assessment platform has empowered over 10,000 students, boasting a 90% success rate in graduates landing tech jobs. By setting up its European headquarters in Luxembourg, Codepresso aims to replicate its success by offering cutting-edge tech education and digital transformation across the continent.
