Common European data spaces, data intermediaries, data altruism, and other significant aspects included in the European Commission’s proposal (DGA) have important consequences on small and medium businesses in the AI sector.
What will the Data Governance Act (DGA) mean for small businesses on the ground? Access to data is a key hurdle for companies: How will the DGA and the Commission’s data strategy ensure this access?
The DGA aims to turn Europe into a leading data economy, especially for industrial data. For this purpose, the DGA wants to build a comprehensive European data-sharing framework. The DGA is part of a wider European Data Strategy, which will also include a Data Act, to be announced by the end of 2021. This framework aims to allow businesses and researchers to fully exploit data by lowering transaction costs linked to B2B and C2B data-sharing through data intermediaries. It provides a framework for the re-use of public sector data and promotes the concept of “data altruism”, i.e., allowing data use by individuals or companies for the common good. Finally, the DGA foresees the creation of an expert group, the ‘European Data Innovation Board’.
Creating value and ensuring the availability of data through Common European Data Spaces
Common European data spaces are infrastructures designed to materialise data-sharing platforms: their main leverage will be the possibility of reusing data. The DGA will define an open ecosystem independent from big players in which increased involvement creates more value.
The DGA also introduces the notion of data intermediaries which will allow companies to recourse to third parties offering and obtaining data-related services. These intermediaries will strengthen businesses sovereignty over their own data as they will share data while maintaining their control and value.
The governance framework proposed by the DGA can have important consequences for innovative companies in AI or data intelligence services – and DIGITAL SME wants to ensure that the dialogue between the EU-level and the affected SMEs is established from the start.
More info: www.digitalsme.eu/
