With immense opportunities in areas ranging from agriculture to healthcare, the big data can play a key role in the digital transformation of the EU.
The Data Governance Act (DGA), passed by Parliament on April 6, 2022, aims to boost data sharing across the EU, so businesses and start-ups have access to more data than they can. use to develop new products and services. Access to big data is crucial to exploit the potential of artificial intelligence.
“Data only has value if it is aggregated, refined and used in the right way,” said Angelika Niebler (EPP, Germany) who guided the legislation in parliament. “Some companies may not even know what can be done with data from, for example, their industrial machines. Through greater data sharing, new business models can emerge, greater efficiency can be achieved, or products can be improved. »
Thanks to the new data sharing legislation, companies will also benefit from a lower cost for data and lower barriers to market entry, allowing them to place their products more quickly.
Data can also benefit consumers by enabling smarter energy consumption, which can help reduce emissions. They could also make it possible to personalize medications. “The possibilities are virtually limitless,” Niebler said.
Discover the definition, benefits and challenges of big data in our infographic.
How will the new data sharing legislation help build trust?
The new rules aim to build trust in data sharing, making it safer, easier and compliant with data protection legislation. This will be achieved through a range of tools, ranging from technical solutions such as anonymization and data pooling to legally binding agreements entered into by re-users.
The rules will make better use of the data collected in certain areas of the public sector. They also allow the creation of European data spaces for important areas such as health, environment, energy, agriculture, mobility, finance, manufacturing, public administration and skills.
The new rules regarding data marketplaces (usually online platforms where users can buy or sell data) will help new intermediaries to be recognized as trusted data curators.
The rules will also make it easier for businesses, individuals and public bodies to share data for the benefit of society (data altruism).
“Neutrality of data intermediation services is essential,” Niebler said. “We know from SME surveys that many companies are reluctant to share data because they fear it will fall into the wrong hands. Likewise, as a citizen, if I share sensitive health data, I want to be sure that it is handled by a trusted organization that must follow certain rules. With the data governance law, in particular with the certification system (…), we can establish data markets that companies and citizens can trust. »
Data governance law must be passed by EU countries in the Council before entering into law.
Watch the video above to learn more.
Learn more about what the EU is doing to shape the digital transformation:
– What is artificial intelligence and how is it used?
– AI rules: what the European Parliament wants
– Why is cybersecurity important? And what is the EU doing about it?
– The European Digital Markets Act and the Digital Services Act explained
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Data governance: European legislation on data sharing | News | European Parliament
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