![]() ![]() The member states are yet to settle on theirs, but a deal is pending. The European Parliament voted through its negotiating position on the Data Act today. If we had to define with two single words what is the Data Act about, we can clearly say competitiveness and innovation.” “Sovereignty is very much about our capacity to compete and innovate, and the Data Act is precisely that. Making the data available would underpin Europe’s ambition to achieve technology sovereignty, del Castillo said. If it were accessible, it could add €270 billion to the EU’s GDP by 2028.ĭata is a “growing competitiveness asset for Europe, an asset we cannot afford not to optimise,” says Pilar del Castillo Vera, European Parliament rapporteur for the file. Today, according to the European Commission’s estimates, 80% of industrial data is underused, with companies keeping it under lock and key. The Act is intended to give Europe’s industry a leg up by making businesses share their data. ![]() ![]() But universities are railing against a lack of provision for their researchers to get access and say it marks a missed opportunity. The EU’s new upcoming Data Act promises to unleash a myriad of industrial data into the economy, boosting competitiveness and innovation. ![]()
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