General need for action
Industry is one of the pillars of the European economy – the manufacturing sector in the European Union accounts for 2 million enterprises, 33 million jobs and 60% of productivity growth. We stand on the brink of a new industrial revolution, driven by new-generation information technologies such as the Internet of Things (IoT), cloud computing, big data and data analytics, robotics and 3D printing. They open new horizons for industry to become more adventurous, more efficient, to improve processes and to develop innovative products and services. Recent studies estimate that digitisation of products and services can add more than EUR 110 billion of annual revenue to the European economy in the next five years.
European industry is strong in digital sectors such as electronics for automotive, security and energy markets, telecom equipment, business software, and laser and sensor technologies. Europe also hosts world-class research and technology institutes. However, high-tech sectors face severe competition from other parts of the world and many traditional sectors and small and medium enterprises (SMEs) are lagging behind. There are also large disparities in digitisation between regions.
Facing the challenge
The European Commission launched on 19 April 2016 the first industry-related initiative of the Digital Single Market package. Building on and complementing the various national initiatives for digitising industry, such as Industrie 4.0, Smart Industry and l'industrie du futur, the Commission will take actions along 5 main pillars. These include use of policy instruments, financial support, coordination and legislative powers to trigger further public and private investments in all industrial sectors and create the framework conditions for the digital industrial revolution.
The mid-term review of the Digital Single Market strategy will focus on digitising the European industry oriented actions, aiming to manage digital transformation of our society and economy.
Overall, today's plans should mobilise up to EUR 50 billion of public and private investments in support of the digitisation of industry.
- EUR 37 billion investment to boost digital innovation.
- EUR 5.5 billion national and regional investments in digital innovation hubs.
- EUR 6.3 billion for the first production lines of next-generation electronic components.
- EUR 6.7 billion for the European Cloud Initiative.
- Press release on Digitising European industry "Commission sets out path to digitise European industry"
- Press release on European Cloud Initiative to give Europe a global lead in the data-driven economy
- MEMO - Q&A on Digitising European industry
Communication and staff working documents
- Communication on Digitising European Industry - Reaping the full benefits of a Digital Single Market
- Commmunication on European Cloud Initiative - Building a competitive data and knowledge economy in Europe
- Commmunication on ICT standardisation Priorities for the Digital Single Market
- Commmunication on EU eGoverment Action Plan 2016-2020 - Accelerating the digital transformation of government
- Staff working document on Implementation of the Action Plan for the European High-Performance Computing strategy
- Staff working document on Quantum Technologies
- Staff working document on Advancing the Internet of Things in Europe
- Staff working document on implementation and evaluation report and executive summary of the implementation and evaluation report on EU eGovernment Action Plan
- Brochure on Digitising European Industry
- Infographic on Digitising European Industry
- Infographic on European Cloud Initiative
- Map overview of Digitising European Industry Initiatives across Europe