PARIS: 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 on Saturday.
The new approach will be on display on Wednesday when Breton unveils the bloc’s new data and artificial intelligence strategy. “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.The commissioner, who was speaking from the Munich security conference where he met the chief executive of Microsoft before meeting Facebook founder Mark Zuckerberg in Brussels on Monday, is keen for Europe to take a more assertive approach.
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.
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