Data ActEU 2023/2854
Digiphile

Recitals

Recital 1


Recital 1

Transformative Effects of Data-Driven Technologies on Economy Unofficial title


In recent years, data-driven technologies have had transformative effects on all sectors of the economy. The proliferation of products connected to the internet in particular has increased the volume and potential value of data for consumers, businesses and society. High-quality and interoperable data from different domains increase competitiveness and innovation and ensure sustainable economic growth. The same data may be used and reused for a variety of purposes and to an unlimited degree, without any loss of quality or quantity.