• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Cloud

How Europe Plans to Digitize Industry and Build a Mega-Cloud

By
David Meyer
David Meyer
Down Arrow Button Icon
By
David Meyer
David Meyer
Down Arrow Button Icon
April 19, 2016, 5:30 AM ET
Data Center Of T-Systems
BIERE, GERMANY - JULY 01: Server rack at the new data center of T-Systems, a subsidiary of Deutsche Telekom AG on July 01, 2014, in Biere, Germany. T-Systems is the largest German and one of the largest European IT services companies. (Photo by Thomas Trutschel/Photothek via Getty Images)Photograph by Thomas Trutschel—Photothek via Getty Images

The EU administration will spend billions of euros on boosting tech R&D and the use of technology in industry and public services.

A big reason for this push, outlined in the European Commission’s new strategy for “digitizing” industry, is to create scale as Europe develops new technologies, and make sure the new gadgets and systems work across the EU’s many internal borders. Ultimately, the idea is to keep the EU competitive.

The Commission noted that many sectors such as construction and textiles are “particularly lagging behind in their digital transformation.” The solution, it said, is more automated vehicles, robotized manufacturing, Internet of things, smart energy technologies and so on.

Get Data Sheet, Fortune’s technology newsletter.

Countries such as Germany and Italy already have national initiatives for promoting “Industry 4.0,” as policymakers like to call it, and the plan is to try coordinate these on an EU level, building a network of “digital innovation hubs” and setting up large-scale pilots.

There will be a lot of focus on public-private partnerships — combining public and private investment, the Commission intends to “mobilize” over €50 billion ($57 billion) in the next five years.

So far, so buzzwordy — but wait, there’s more.

The Commission also wants to “create” a so-called European Open Science Cloud and European Data Infrastructure, which will in the short term be an agglomeration of (spot the trend) existing national research infrastructures. By 2020, this would however also involve the acquisition of “two prototype next-generation supercomputers, of which one would rank among the top three in the world.”

Although researchers will be the first beneficiaries — in terms of both computing capacity and more shared research data — there’s also a plan to let businesses use the resources (and some of the data) in the future.

There’s also stuff in the strategy about doing quantum-computing research and prioritizing the development of new standards for cloud computing (and also for 5G, the Internet of things, “data technologies” and cybersecurity).

The Commission intends to release a “free flow of data” initiative later this year, to counteract the burgeoning trend of data being deliberately stored within national borders.

As for public services, the Commission wants to set up a unified digital gateway for justice and e-health services, and make it easier for businesses to set up shop across borders.

For more on robotized industry, watch:

So, what about jobs? There is of course growing disquiet over the impact the digitization of industry will have on people, who may soon find themselves being made redundant by all these new-fangled robots and algorithms.

We’ll have to wait until later this year for the new “EU Skills Agenda,” which will deal with digital skills and training, but in the meantime the Commission is promising to “improve the understanding of skills requirements for new technologies in all sectors of the economy.”

It said:

Future jobs are likely to require different skills or knowledge which are not currently provided by today’s education or training systems. For example, operators, engineers and administrative staff could soon be designing, maintaining and supervising intelligent machines that assist in the performance of tasks, instead of doing the tasks themselves. In addition to digital skills there is an increasing demand for other complementary skills, such as entrepreneurial, leadership and engineering skills.

All very true, though the big question there is how many of today’s workers can be retrained, and what is to be done with those who can’t — and, for that matter, whether there will be as many of these future jobs as there are of those today.

More and more people are suggesting a future of fewer and fewer positions for humans, and that’s a scenario that will require some very creative thought from the top.

About the Author
By David Meyer
LinkedIn icon
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Middle EastMilitary
U.S. military gives Iran a taste of its own medicine with cheap copycat Shahed drones, while concern shifts to munitions supply in extended conflict
By Jason MaMarch 1, 2026
1 minute ago
Two girls look at a white laptop placed on a desk.
AIEducation
American schools weren’t broken until Silicon Valley used a lie to convince them they were—now reading and math scores are plummeting
By Sasha RogelbergMarch 1, 2026
7 minutes ago
Middle EastDubai
As Iran attacks Dubai, the tax-free haven for the global elite could see ‘catastrophic’ fallout — ‘this can also send shockwaves globally’
By Jason MaMarch 1, 2026
2 hours ago
PoliticsTerrorism
FBI says a fatal shooting in Austin by gunman driving by a bar in an SUV is potentially an act of terrorism
By The Associated PressMarch 1, 2026
3 hours ago
Mackenzie Scott, wearing a red dress, smiles.
Successphilanthropy
MacKenzie Scott’s close relationship with Toni Morrison long before Amazon put her on the path give more than $1 billion to HBCUs
By Sasha RogelbergMarch 1, 2026
3 hours ago
woman looking stressed paying bills
FinanceGen Z
Gen Z can’t afford the American Dream—so they’ve traded homeownership for paying off debt. ‘Their debt feels heavier because it hits earlier’
By Sydney LakeMarch 1, 2026
4 hours ago

Most Popular

placeholder alt text
Middle East
Iran is now on 'death ground' amid existential threat from U.S. attacks and could 'go big' in retaliation, former NATO commander warns
By Jason MaFebruary 28, 2026
1 day ago
placeholder alt text
Economy
Your grandparents are the reason the U.S. isn't in a recession right now. That won't last forever
By Eleanor PringleMarch 1, 2026
10 hours ago
placeholder alt text
Success
Japanese companies are paying older workers to sit by a window and do nothing—while Western CEOs demand super-AI productivity just to keep your job
By Orianna Rosa RoyleFebruary 27, 2026
2 days ago
placeholder alt text
AI
The week the AI scare turned real and America realized maybe it isn't ready for what's coming
By Nick LichtenbergFebruary 28, 2026
1 day ago
placeholder alt text
Success
Walmart exec says U.S. workforces needs to take inspiration from China where ‘5 year-olds are learning DeepSeek’
By Preston ForeFebruary 27, 2026
3 days ago
placeholder alt text
Middle East
Dubai’s worst nightmare unfolds as Iran strikes Gulf neighbors
By Dana Khraiche, Fiona MacDonald and BloombergFebruary 28, 2026
22 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.