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          THE EUROPEAN COMMISSION LAUNCHED IN 2016 A STRATEGIC INVESTMENT IN THE INTERNET

          OF THINGS (IoT) AS PART OF THE «DIGITISING EUROPEAN INDUSTRY» POLICY


          A NEED FOR EUROPEAN ACTION

          This policy strategy identified the need to accelerate the digital transformation                     European Communication
          of the European industry and to overcome the digitisation gaps across industries       «Digitising European Industry»  COM(2016) 180 final
          and countries “which lead Europe to capture only 12 percent of its potential from
          digital technologies, compared with the United States’ 18 percent”, as the Mc
          Kinsey Global Institute estimated in 2015.

          The “Digitising European Industry” strategy is particularly focused on boosting                            Horizon 2020  Building Blocks
                                                                                                                                     (PPPs)
                                                                                                                     €100 M/year
          the  ability  of  traditional  industries  and  SMEs  to  capture  the  opportunities  of           Catalogue                        2/3
          digital innovation through coordination of private and public initiatives, increased                                               Horizon 2020
                                                                                                                                               €3+ bn
                                                                                                           Value
          investments and the development of the Digital Single Market.                                  Creation                      STANDARDISATION
                                                                                                                                               (2018-20)
          A NEED TO BOOST IoT INNOVATION                                                                           DigitalInnovationHubs  Partnerships&Platforms  1/3
                                                                                                       Widening             European               Free Flow
          Boosting the adoption of the Internet of Things in Europe is a keystone of the                EU13                platform                of Data
          “Digitising European Industry” strategy because:                                                                 of national
                                                                                                                            initiatives
                                                                                                                                                    Digital
          •  IoT is a game changer, by connecting the physical and virtual worldthrough               Full Digital        on digitising           Opportunity
                                                                                                        Single
                                                                                                                            industry
             countless sensors, by generating huge data flows allowing to monitor,                      Market    Regulatory Framework              Scheme

             measure and predict events, by adding intelligence to the edge of networks                                               Skills & Jobs
          •  The digital transformation of business processes as well as the
                                                                                                            Free Flow
             development of innovative business models is driven by the combined                             of Data                           EIT-KIC
             adoption of multiple technologies, particularly the triad IoT, Big Data and
             Cloud Computing                                                                                                       Digital Skills
                                                                                                                    Cybersecurity    & Jobs
          •  Barriers slowing down the take-up IoT in Europe required countermeasures,                                              Coalition
             particularly  the lack  of trust  by end  users, uncertainty  about the IoT
             investment business case, the markets fragmentation and proliferation of
             standards hindering interoperability, a key requirement of IoT value chains
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