data became new oil This feeds the world economy. A manna that is predicted to be produced only in the European Union 829 billion euro market and more than 11 million specialized jobs by 2025. However, this is necessary so that this business does not remain in the hands of a few people and even creates more wealth. establish standards On the one hand, this means that data owners to govern them sovereignlySo companies and citizens decide What data do you want to share with whom?. On the other hand, there are technologies and areas that allow this to be done. safely and reliably.
This is exactly the aim of the initiative. GaiaBy bringing together private companies, technology institutes, administrations and other actors in the digital ecosystem, Creating European standards that will facilitate this exchange and hence the development of this industry. An event to be celebrated this Thursday and Friday annual meeting, which is close 600 experts We report on the latest developments in this role from across the continent, turning the city into Europe’s data capital for a few days.
Despite the dominance of North American and Asian giants in the tech sector, head of Spain’s Gaia center Daniel Saezdefends the potential of the EU. “We have a technology industry and, above all, we have a market. Europe one of the most digitized continents This means that we create a business volume that makes us very attractive to large American technology companies and at the same time creates opportunities,” says the expert.
According to Saez, this market power also enables: EU leads regulatory efforts of this and other technologies such as artificial intelligence. “We won’t be so bad off when the United States gets the message and decides to legislate to make it clear that all is not well,” he insists, in response to those who complain that European regulations are slowing down innovation.
Legislation
In this sense, the impact of the latest legislative developments, such as new legislation, will also be analyzed during the conference. European Data Governance Law, has just come into force. A law that creates figure of data brokerAccording to the president of Gaia
It is responsible for ensuring the flow of this data and the access of potential users, complying with legal requirements, ensuring legal security and will contribute to the creation of greater job opportunities by exploitation. “A piece of data has limited value if it is not exploited, analyzed and processed,” says Daniel Sáez.
So what is all this data for? Sáez gives examples of two of these ‘lighthouse’ projects It is stated that the organization is developing, one in the automotive sector and the other in the agricultural sector. It’s about ensuring that all actors (manufacturers, suppliers, distributors and even consumers) have a safe place to share their data; predicting possible stock outages or predict market trends. In the case of agriculture, data exchange can reach: estimate the volume of the crop, The best price for a product based on changes in the market or changes in weather conditions that may affect production.
While most companies are very jealous of the information they provide, Sáez emphasizes that various surveys have shown that the majority are willing to share data if higher quality information is available to help them in the decision-making process. “The more and better quality data available on the market, the more jobs there are for everyone.. “This is a ‘win-win’ situation,” says the expert.
Regarding individuals, Sáez emphasizes that the use of data enables more useful applications for citizens, and also that one of the keys to the European strategy is that the person who produces the data has sovereignty over it. So you can decide whether to share and for what price.
The general manager of Casa Mediterráneo is, Andrés Perello“He was delighted to bring Gaia