Digital transformation could add €2.8 trillion to EU economy – POLITICO


Tanuja Randery, General Manager, Amazon Web Services EMEA

The European Commission (EC) has proposed a bold vision for Europe’s digital transformation by 2030. The EU’s digital decade could unlock an additional €2.8 trillion in gross value added (GVA), according to a new study by Public First – Unlocking Europe’s Digital Potential. , the measure of the value of goods and services produced in the region’s economy, which is almost 21 percent of the current European Union (EU) economy. More than half of this projected number is due to increasing adoption of cloud computing.

The European Commission has proposed some ambitious targets, including 75% of EU businesses using cloud services and 5G connectivity everywhere and 80% of the population having basic digital skills by 2030. Europe is making good progress on some targets, including digitization of 100 percent of core public services, and is likely to meet internet connectivity…

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