Information Regarding Data in Bitkom
In the digital age, data has become a significant economic asset, driving the growth of digitalization and AI-based data products. To harness this potential, the common data economy is emerging as a crucial solution to address the issues associated with data.
The common data economy seeks to consolidate data sets and foster networking among stakeholders, aiming to overcome the challenges of inaccessible data silos and legal complexities. This consolidation of data sets is necessary for the common data economy, as it enables the achievement of maximum benefit from free data flow.
The development of effective German and European data platforms is essential for the establishment of the common data economy. These platforms are intended for the development of the digital economy, with leading actors such as digital associations like Bitkom, key cities such as Munich, Hamburg, and Hannover, cloud providers like Amazon Web Services, Microsoft Azure, and Google Cloud, and open-source communities like CH Open contributing through secure, scalable, and innovative digital ecosystems based on AI, blockchain, and clear governance standards.
Networking of stakeholders is designed to enhance the common data economy, as it promotes the consolidation of data sets and facilitates free data flow. This networking is crucial for the common data economy, as it enables the development of AI-based data products and provides access to previously inaccessible data.
The common data economy is expected to benefit significantly from free data flow, as it enables the efficient use of data for the creation of new products and services. The establishment of these platforms is, therefore, crucial for the development of the AI-based data products that will drive the digital economy forward.
In conclusion, the common data economy and data platforms are designed to address the challenges of the digital age, unlocking the potential of data for the benefit of all stakeholders. By fostering networking among stakeholders, consolidating data sets, and overcoming legal complexities, the common data economy is anticipated to improve and play a crucial role in the development of the digital economy.
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