Data Power: What the EU Data Act Means for You

Data Power: What the EU Data Act Means for You

On 27 November the European Council adopted the EU Data Act, a first-of-its-kind law that aims to unlock the value of ‘industrial data’ in the European Union (EU). It will enter into force early 2024, starting the 20-month clock for companies to comply with its requirements. This is the culmination of almost four years of work stretching back to the European Data Strategy. Cisco has been engaging throughout the legislative process and welcomes the opportunity…

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Unlocking Industrial Data: The EU Data Act

Unlocking Industrial Data: The EU Data Act

On November 27, the European Council adopted the EU Data Act. Part of the larger EU Data Strategy to infuse competition and drive more data-driven innovation within the region, the Data Act will make data generated by connected devices and related services (industrial data) accessible to EU consumers and companies. Rules and regulations around data governance are not new. There are already laws in place to protect personal or classified data and to open up…

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