The Importance of the Data Economy for Europe’s Digital Strategic Autonomy
Jan Büchel / Barbara Engels in European Liberal Forum External Publication 4. July 2022 The Importance of the Data Economy for Europe’s Digital Strategic Autonomy
European companies need to have the ability to store, process, use, and share data securely and autonomously, for example by using cloud services based on agreed quality standards, values, and legislation.
Jan Büchel / Barbara Engels in European Liberal Forum German Economic Institute (IW)
European companies need to have the ability to store, process, use, and share data securely and autonomously, for example by using cloud services based on agreed quality standards, values, and legislation.
A survey conducted in autumn 2021 of 1,002 German companies from the industrial and industry-related services sectors shows that 71 per cent of companies in Germany are not data economy ready, while for 73 per cent data sharing does not play any role. The survey results show that the potential of the European data economy has not been well exploited, weakening Europe’s digital strategic autonomy.
Jan Büchel / Barbara Engels IW-Kurzbericht No. 96 8. December 2022
Most companies are not data economy ready
Data is the central resource of the digital transformation. It underlies all digital processes, transactions and interactions. The use of this data is key to innovation and sustainable growth (BMWK, 2022). Currently, however, many companies in Germany do not ...
Jan Büchel / Barbara Engels IW-Report No. 53 20. October 2022
Industry trends in data sharing: Status Quo and Use Cases in Germany
Data is generated everywhere along the value chain. Each player produces data specifically or as a by-product at various points in the production process. This data can offer significant benefits for the companies themselves and for the economy as a whole.
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German Economic Institute (IW) 
