The European Commission (EC) has unveiled a number of measures to digitise industry across Europe, mobilising €50bn of public and private funding to support initiatives around innovation, public services and standards, as well as pilot projects for Big data technologies and 5G Mobile networks. 

The measures will link up a number of national initiatives, including in France, Germany, Italy and the Netherlands, and establish a framework across the European Union (EU) to coordinate cross-border work.

The overall plan – which forms the first industry-related initiative of the digital single market programme – will see €37bn go to bolstering digital innovation, €5.5bn for national and regional investment in digital innovation hubs, €6.3bn to set up production of next-generation components, and €6.7bn for a European cloud initiative for use by scientists and technologists.

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