Jointly agreed standards and technological solutions, open interfaces and rulebooks will play a key role in the data economy of the future. These are built in the GAIA-X project – a major opportunity for companies, whether industrial corporations, SMEs or startups.

At the GAIA-X Industry Data Space workshop for Finnish Industries, organized by SITRA, the Finnish Innovation Fund and held on 5 February, Ilkka Lakaniemi from Aalto University School of Business gave a keynote speech, entitled “From Promises to Concretia – GAIA-X” and explained why companies should get involved in the GAIA-X cooperation early on:

  1. Influencing the business environment: Gaia-X offers a vantage point, network and opportunities to influence the European data market taking shape with EU regulations and projects.
  2. Growth: scaling the national and Nordic solutions and best practices already implemented to the EU and global markets will pave the way for growing new business for companies.
  3. Financing: the networks emerging in Gaia-X projects will facilitate co-operation across sector boundaries and offer a way for new development financing.

The IoT-NGIN outcomes have been communicated to Member-State funded GAIA-X projects and national initiatives to federated data spaces. Moreover, significant insights have been gained in terms of standards creation and use cases.

More information about the event can be found at:

https://www.sitra.fi/en/articles/gaia-x-builds-foundation-for-data-markets/

https://www.sitra.fi/en/events/gaia-x_for_finland_hub_launch/#programme