Whether it is geographical information, statistics, weather data, research data, transport data, energy consumption data, or health data, the need to make sense of "Big data" is leading to innovations in technology, development of new tools and new skills. Generating value at the different stages of the data value chain will be at the centre of the future knowledge economy. Good use of data can bring opportunities also to more traditional sectors such as transport, health or manufacturing. Improved analytics and processing of data, especially Big Data, will make it possible to:
- transform Europe's service industries by generating a wide range of innovative information products and services;
- increase the productivity of all sectors of the economy through improved business intelligence;
- more adequately address many of the challenges that face our societies;
- improve research and speed up innovation;
- achieve cost reductions through more personalised services
- increase efficiency in the public sector.
Relevant EU activities :
- Elements of a data value chain strategy.
- Funding research and innovation activities in the field of "Big Data" and "Open Data". For more information on current research funding opportunities, please see here.
- The policy on Open Data, in particular:
- Facilitating use and re-use of publications and data resulting from scientific research experiments funded at least partially from public funds – commonly referred to as Open Access.