Connectivity and Digitalisation
INDUSTRY
The impact of digitalisation on the global manufacturing sector is estimated to be up to
with the Internet of Things (IoT) delivering upwards of $12.6 trillion in value across all sectors globally by 2030.
Just as 4G unlocked the mobile internet for consumers, 5GSA will unlock the industrial internet for machines.
machinery and production systems to continuously collect and share data, which is then used to improve processes and address any issues that arise.
enabling new technologies like AI-enhanced robotics to boost productivity, and mixed reality experiences to improve efficiency and worker traning.
SMEs
of Europe's economy representing more than 90% of businesses and employing nearly 100 million citizens. But SMEs are facing a productivity gap versus larger competitors – and this is widening due to the lack of digitalisation.
Many SMEs lack employees with the necessary transformation or IT skills to provide expertise, or the ability to manage digital solutions and migrations.
Limited financial resources, combined with a lack of digital skills, can also hold back the adoption of new digital infrastructure and technologies.
could raise total turnover by €148 billion – an average of €1.4 million per firm.
HEALTH
As Europe rebuilds post-pandemic,
of an aging population, shortages of medical professionals and budget constraints that stifle quality publicly funded care.
of patient care through telemedicine and remote patient monitoring. AI applications can improve diagnostics. Smart factories can revolutionise medical technology operations.
It is estimated that these types of digital healthcare technologies could save up to
in underserved areas through applications including telemedicine, remote surgery, and medical supply delivery with drones.
Through digitalisation, Europe can accelerate its productivity and drive a new wave of innovation across the whole economy. Europe now has an opportunity to regain its global leadership in this space.