"In the period 2021-2027, the Commission will invest in a High Impact Project on European data spaces and federated cloud infrastructures".
"The EU can become a leading role model for a society empowered by data to make better decisions -in business and the public sector. To fulfil this ambition, the EU can build on a strong legal framework – in terms of data protection, fundamental rights, safety and cybersecurity and its internal market with competitive companies of all sizes and varied industrial base. If the EU is to acquire a leading role in the data economy, it has to act now and tackle, in a concerted manner, issues ranging from connectivity to processing and storage of data, computing power and cybersecurity. Moreover, it will have to improve its governance structures for handling data and to increase its pools of quality data available for use and reuse".
The stakes are high, since the EU’s technological future depends on whether it manages to harness its strengths and seize the opportunities offered by the ever-increasing production and use of data. A European way for handling data will ensure that more data becomes available for addressing societal challenges and for use in the economy, while respecting and promoting our European shared values. In order to secure its digital future, the EU has to seize its window of opportunity in the data economy.