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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
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