On the occasion of the Webcast Conference on Big Data in Brussels, the Vice-President of the European Commission responsible for the Digital Agenda, Neelie Kroes drew attention to the enormous amount of data generated in the world by digital sources, as well as the value of all this data can bring.
Mrs. Kroes identifies the main recipients of the positive input of big data:
Mrs. Kroes highlights the beginning of a paradigm shift and the difficulties raised by “automatically generated” data, and its impact on industrial processes. She hence proposes three ways to support the upcoming evolution:
Mrs. Kroes concludes her speech by highlighting the huge economic potential of “big data” and the importance of a competitive market.
This emphasis on the value of data by Commissioner Kroes provides a significant counter-balance to the calls by Commissioner Redding for potentially restrictive data protection rules.