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Big data

Data has become a key asset for the economy and our societies and the need to make sense of ‘big data’ is leading to innovations in technology.

© GettyImages-889994504 Iaremenko

Big data refers to large amounts of data produced very quickly by a high number of diverse sources. Data can either be created by people or generated by machines, such as sensors gathering climate information, satellite imagery, digital pictures and videos, purchase transaction records, GPS signals, and more. It covers many sectors, from healthcare to transport to energy.

Generating value at the different stages of the data value chain will be at the centre of the future knowledge economy. Good use of data can also bring opportunities to more traditional sectors such as transport, health or manufacturing. Improved analytics and processing of data, especially of big data, will make it possible to:

  • transform Europe’s service industries by generating a wide range of innovative information products and services;
  • increase the productivity of all sectors of the economy through improved business intelligence;
  • address more efficiently many of the challenges that face our societies;
  • improve research and speed up innovation;
  • achieve cost reductions through more personalised services;
  • increase efficiency in the public sector.

Latest

DIGIBYTE |
New European Partnerships launched to deliver on the EU's ambitions for the Digital Decade

To boost research and innovation investments in digital, the Commission has launched new European Partnerships together with industry and academia, under the Horizon Europe programme.
The Partnerships will pursue innovative solutions on a large scale, pooling in efforts, resources and investments which will generate long-term positive impact, boost European competitiveness and technological sovereignty, as well as create jobs and growth.

PRESS RELEASE |
Commission seeks views on data sharing

The European Commission has launched an open public consultation on the announced Data Act aiming to create a fair data economy by ensuring access to and use of data. The consultation seeks to gather views from citizens, businesses, online platforms, academics, civil society, administrations and all interested parties. It is open until 3 September.

PRESS RELEASE |
Digital Day 2021: EU countries commit to key digital initiatives for Europe's Digital Decade

Today, at the online Digital Day 2021, Ministers representing EU Member States signed three Declarations to pool efforts and resources to promote international connectivity, incentivise the rollout of clean digital technologies and improve the regulatory environment for start-ups and scale-ups. These tangible commitments will help accelerate Europe’s green and digital transformation and will contribute to the vision and goals of Europe's Digital Decade.

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