Since Artificial Intelligence has become a core element of many industries, the EU funding programmes – Horizon Europe and Digital Europe are designed to support investment in the development of digital technologies. The focus of the latest edition of the Digitising European Industry Stakeholder Forum – organised by the European Commission and the Spanish Ministry of Industry, Trade and Tourism – focused on “Artificial Intelligence and Digital Innovation Hubs – beyond 2020”. Experts from different industries discussed how digital change is already shaping the industry in Europe and how a strong and innovative industrial ecosystem can be established.
This happens, for example, through so-called Digital Innovation Hubs. These are centres that deal with digital innovations – for example in the areas of AI and cyber security – and support small and medium-sized enterprises with expertise and infrastructure. A total of 150 Digital Innovation Hubs had applied for the initiative. The Know-Center was selected as the only Austrian representative. An interim report on networking was presented in Madrid. The experts of the Know-Center also presented their proven method of the so-called Data Value Check.
This is a method with which the Know-Center first interprets company data in order to then monetise it for companies with tailor-made business models or use cases, or to help companies simply apply data in a meaningful way. This Data Value Check was used by Reval Austria GmbH, which produces software for treasury and risk management and presented it in Madrid together with the Know-Center.