ABSTRACT

The European Commission, being fully aware of the importance of Internet of Things (IoT) and its growing impact on EU citizens’ lives and on the European economy, has been consistently aiming to achieve Leadership in Internet of Things for Europe, as envisaged in the Communication on ‘Digitising the European Industry – Reaping the full benefits of a Digital Single Market’. IoT is as multidimensional and multi-faceted as the many ‘things’ that form it, therefore the main issues and challenges have to be addressed comprehensively and from many angles. A fully-functioning Digital Single Market is a pre-condition for Europe’s prosperity and competitiveness in a globalised world economy. The DSM aims to remove boundaries and obstacles in the digital world and to boost our internal market of nearly 510 million customers and over 20 million companies for digital products. The overall goal of the Alliance is the creation of a dense European IoT ecosystem to unleash the potential of the IoT.