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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

