Comment Neelie (Kroes)

[...] And we are also looking at what is called "big data" more generally. Big data analysis can power huge innovation, with applications from manufacturing to medicine. It's a new asset class, like talent or capital. Yet without a European big data capability, we either lose out on those opportunities. Or we are forced to go abroad: with all the economic and privacy implications. Of the top 20 big data companies, 17 are from the US; just 2 from Europe. That is why earlier this month I have set out how we can start to tackle this problem by bringing the players together in a European public private partnership for big data.