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

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

Europe can win global battle for industrial data, says EU industry chief GlobeBusiness

The European Union's Commissioner for Internal Market Thierry Breton attends a panel discussion during the 56th Munich Security Conference in Munich, southern Germany, on Feb. 15, 2020.Europe may have lost the battle to create digital champions capable of taking on U.S. and Chinese companies harvesting personal data, but it can win the war of industrial data, Europe’s industry policy chief said on Saturday.

“We’re entering a new phase. The battle for industrial data starts now, and the main battlefield will be Europe,” Mr. 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.

Reuters exclusively reported on Jan. 29 a 25-page draft document outlining the measures to create a single market in data, that could still be tweaked ahead of the Feb. 19 presentation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

globebusiness LOL, the jacobin 'ring' already has access to all of it...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines