Europe can gain decisive competitive advantages internationally if it is capable to generate a wave of bottom-up digital innovations involving all industrial sectors. The digital revolution brings opportunities for big and small companies, but many of them still find it difficult to know in which technologies to invest and how to secure financing for their digital transformation.
Fifteen national initiatives for digitising industry have been launched across Europe in recent years. With value chains increasingly distributed across Europe, the further digitalisation of industry brings challenges that can only be addressed through a coordinated EU-wide effort.
The Digitising Industry strategy reinforces the role of Public Private Partnerships to focus on key technologies and their implementation through federated projects. More than € 20 billion are planned to be invested in the 5 coming years in the context of the Digital Single Market.
The Commission is setting up ICT standardisation priorities for the Digital Single Market. The initiave aims at re-energising the standard-setting system in Europe as a step towards industrial global leadership and digital innovation.
The measures to digitise European industry will help companies, researchers and public authorities to make the most of new technologies. They will link up national and regional initiatives and boost investment through strategic partnerships and networks.