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

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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.

 

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

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