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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
MAIN CHALLENGES PROGRAMME ACTIONS IMPACTS AND BENEFITS
Accelerating take-up of IoT in Europe Funding innovation consortia collaborating t Improvement of citizens' quality of life, in the public
t o foster the deployment of IoT solutions in key and private spheres: well-being, convenience and
vertical markets comfort, access to better services, improved
Overcoming security and privacy concerns
participation
Fears of customer lock-in by proprietary platforms Meeting demand needs by demonstrating multiple
IoT applications at scale in usage contexts as close Improved user acceptance and trust in IoT solutions
Overcoming markets fragmentation, as possible to operational conditions; through privacy by design and better security
barriers to interoperability and data sharing
Building interoperability, common reference Significant and measurable contribution to
architectures and standards through the integration standards and implementation of open platforms;
Uncertainty about business opportunities
of advanced IoT technologies across the value
chain; Validation of technological choices, sustainability
and replicability, of architectures, standards,
Developing open ecosystems and opening interoperability properties, of key characteristics
business opportunities for multiple European such as security and privacy;
stakeholders, including hundreds of high-tech
SMEs recruited through open calls. Development of secure and sustainable European
IoT ecosystems viable beyond the duration of the
pilots
Exploration and validation of new industry and
business processes, innovative business models
and opportunities for entrepreneurs viable after
the end of the pilots

