It will bring together leading industry experts and policy-makers to share their insights into the latest developments in cloud computing, hunting, big data and the future of IT security.
On 14 September 2016, the Commission proposed a new European electronic communications code which would overhaul the existing legislative framework for telecommunications dating from 2009. It includes measures to stimulate investment in and take-up of very high capacity networks, new spectrum rules for mobile connectivity and 5G, as well as changes to governance, the universal service regime, end-user protection rules, and numbering and emergency communication rules. Parliament and Council provisionally agreed on the Code on 6 June 2018. Important provisions include capping the fees for intra-EU calls and new rules to stimulate investment in infrastructure and 5G networks. Furthermore the agreement offers better protection of users against security incidents, more transparency and easier switching of operators for consumers, widening of universal access, and a new SMS alert system for citizens. The ITRE committee plans to vote on the Code on 10 July 2018, and the plenary vote is expected to take place in autumn 2018
Horizon 2020’s InnovFin-EU finance for innovators initiative, which is run by the European Investment Bank (EIB), has invested in the French electronics company Archos and its work on the Internet of Things. An EU-backed loan will enable Archos to deploy new tools to help connected objects function more efficiently.
The EESC believes that the European Commission’s Action Plan is a good basis but that additional measures are needed to tap the full potential of financial technology and to ensure certainty and protection for all market participants.
The digital revolution, which is reshaping the global economy and societies, offers numerous opportunities, but also poses many challenges, thereby putting governments in a dilemma on how to shape it. While empowering individuals in many ways and spurring impressive inventions, it poses threats of cyber-attacks and privacy abuse. It also raises concern about the future of the labour and social security markets.