The Parliament Magazine: EU Commission outlines new tech plans for business

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The European Commission has outlined ambitious plans on how businesses across the EU can get better access to the technologies that will help them to modernise.

The package, unveiled on Tuesday, includes improving access to cloud computing and services, data analytics and the so-called 'Internet of Things'.

Under the plans, the Commission will set up a European cloud that is designed to give Europe's 1.7 million researchers and 70 million science and technology professionals a virtual environment to store, manage, analyse and re-use a large amount of research data.

The strategy is designed to improve the way member states do business in research, technology and industrial sectors and enable European companies compete globally.

The package also aims to help business and research communities make the most of EU research and development in high technology areas.

The actions will in part be funded by Horizon 2020, the biggest ever EU research and innovation programme with €80bn of funding available over 7 years (2014 to 2020), alongside private investment.

Read the full article in the Parliament Magazine