Europe can win global battle for industrial data, EU industry chief says | Malay Mail

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PARIS, Feb 15 — Europe may have lost the battle to create digital champions capable of taking on US and Chinese companies harvesting personal data, but it can win the war of industrial data, Europe’s industry policy chief said today. Vast troves of data from how fast we drive our cars to how...

Saturday, 15 Feb 2020 11:42 PM MYT

Vast troves of data from how fast we drive our cars to how much time a robot needs to churn out products in factories have yet to be fully exploited, said Thierry Breton, the European Commissioner in charge of the EU single market. “We’re entering a new phase. The battle for industrial data starts now, and the main battlefield will be Europe,” Breton, a former French finance minister, told Reuters in an interview.

“But the bulk of the industrial value chain, from large groups to SMEs, is based in Europe today. That’s why all eyes are on Europe right now,” he added.Breton, a former CEO of French IT giant Atos and telecoms group Orange, said the European Commission will unveil a three-pronged approach on Wednesday, consisting of strict rules, investing in infrastructure and unrolling a sector-specific approach.

 

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