| dc.description.abstract | Digital technologies enable businesses to gain competitive advantage, improve their services and
products and expand their markets.
In a recent study by McKinsey, 93% of surveyed EU executives believe that better access to data
would be important to their organisation (with approximately 40% designating this as very
important)1. Research by the Organisation for Economic Co-operation and Development (OECD)
suggests that productivity of companies investing in data-driven innovation and data analytics grows
by approximately 5% to 10% faster than that of companies not investing2.
The EU’s digital sovereignty will depend on the capacity to store, extract and process data while
satisfying requirements of trust, security and fundamental rights3. This requires a high-capacity
infrastructure and the adoption of innovative technologies, which will enable the development of
energy-saving, climate-neutral, high-efficiency and interconnected services. Additionally, the EU’s
digital sovereignty should be restored through more resilient supply chains and less dependence on
imports, notably of semiconductors. |
