The EC is paving the way for data sharing, which should unleash very interesting new business models and feed additional growth.
everis had the opportunity to work on this specific topic, assessing the potential behind exchange and reuse of data within the same business sector or cross-sectors, especially for B2B. Investments in accessing real-time and/or positioning/localisation data from other companies may help companies to bring new or improved products and/or services to the market.
In 2021, the Commission will roll out its new “Data Act,” which will remove barriers and introduce rules for business-to-business and business-to-government (B2G) data sharing, and potentially give people an "enhanced portability right," or the ability to bring their data from one company to another. While business-to-government data sharing has so far received little attention in the broader digital strategy, it represents a core part of the Commission’s philosophy. Such rules would allow the public sector to tap into the wealth of data from private companies to benefit society. The Commission plans to create a legal foundation for a data market that already exists — for example when private companies share their data to improve disaster relief or traffic congestion in major cities.