Why we need to think differently about data in the future.
Recently, an outcry went through the companies and organizations participating in Gaia-X. It appears that certain funding projects will not be provided with funds after all, contrary to the original plan. Unfortunately, the headlines of quite respectable media referred to Gaia-X itself and not to the actually affected, selected funding projects. Thus, the confusion was great and left plenty of room for critics.
Initiatives such as Gaia-X in particular are necessary to maintain Europe's innovative capacity and secure a place for our economy at the table of the global digital market. Gaia-X lays the foundations for an open, transparent and secure federated digital ecosystem – and in doing so, we create the basis for sustainable, fair value creation based on data and digital services. Without having to fear a loss of control over our values and without the risk of being taken advantage of through our own openness.
In an article, McKinsey describes the characteristics of a data-driven company for 2025 with the clear message: Wake up! 2025 is just round the corner! And McKinsey also makes a clear statement about data ecosystems such as those made possible by the concepts of Gaia-X or the IDSA: In 2025, membership in a data ecosystem will be the new norm for companies.