Commissioner Oettinger on Digital Transformation at CeBIT 2015

5G was among the major themes at CeBIT2016 last week in Hannover with a keynote from Commissioner Oettinger on digital transformation and the role of 5G in revitalising the European economy. Here are some of the main takeaways. 

  • The single digital market brings 500 million customers, the biggest marketplace in the world. 
  • Implementing its Digital Single Market strategy is one of the boldest and most important of the European Commission's policy priorities. 
  • The aim of the strategy is to remove regulatory barriers and move from 28 fragmented national markets to a single market. Among much else, the strategy envisages pan-continental telecommunications networks, digital services that cross borders, and a wave of innovative European start-ups. 
  • A fully functional Digital Single Market has the potential to contribute an additional €415 billion per year to the European economy and create hundreds of thousands of new jobs.
  • Trust in cloud services trust for all customers is a big building block.

The Commissioner also highlighted the role of 5G in bringing about transformation benefitting both the economy and society, with the aim of driving European leadership. Key takeaways on 5G: 

  • Europe needs gigabit infrastructure for a gigabit economy & society.
  • Total European connectivity, including 5G is key to economic & cultural success. 
  • The European Commission invests in the 5G public-private partnership (5G-PPP) to develop full ecosystems and drive European leadership. 
  • The EC has presented its plan to ensure 5G becomes the most critical building block of the gigabit society.