EU carves the path to digitize European industry

digitization-nl-2-2016On 19 April 2016, the Commission presented a set of measures to support and connect national initiatives for the digitization of industry and related services across all sectors. While many parts of the economy have quickly adapted to digital technologies due to expected higher revenues, some traditional sectors (such as agro-food, textiles or steel) are lagging behind in their digital transformation.

A common European approach is necessary not only to ensure application across all sectors, but also to avoid market fragmentation. The Commission proposes concrete measures that focus on 5 priority areas – 5G, cloud computing, Internet of things, data technologies and cyber security.

The adoption of new legislation shall support the free flow of data and clarify ownership of data generated by smart devices and various sensors. It is without saying the new legislation may significantly affect the data protection area, smooth procedures to access the digitization tools and costs for businesses.