Data-driven economy: opportunities and regulation
Digitisation and technological innovation rely on data. From personalised services to predictive analyses, organisations are increasingly using large amounts of data to inform their strategic decisions. This involves challenges around ownership, access and responsible use of data. Regulations such as the Data Governance Act (DGA) and the Data Act affect how data can be collected, shared and used. It is essential to have a clear data strategy and compliance with the laws and regulations on the data collection, management and sharing.