In Depth Europe

Published on February 16th, 2016 | by Paul MacDonnell

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European Companies Need Big Data, Too

Many Europeans lament the fact that the United States has outpaced Europe when it comes to the global Internet economy. But recent advances in data analytics, which uses large sets of data to identify correlations between variables and to make predictions about future events, are revolutionizing everything from cancer research to wildfire management. It’s the perfect opportunity for European companies to take the lead, not because Europe is incubating startups to take on Google and Facebook, but because some of its best-established industries are well-suited for the data-analytics era. They only need European regulators to get out of the way.

Continue reading this op-ed in the Wall Street Journal

Image: Eric Fischer

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About the Author

Paul MacDonnell

Paul MacDonnell is head of European policy at the Center for Data Innovation in Brussels. Prior to joining the Center Paul represented Insurance Ireland, the insurance industry trade association, in Dublin and Brussels and managed the industry's response to policy, legislative and regulatory developments. Paul began his career with Hill & Knowlton’s government affairs division in London where he provided advice to a number of Fortune 500 companies. In 2001 he co-founded an economic policy forum in Dublin, Open Republic, which, as well as hosting events aimed at policy-makers and politicians on such issues as pensions, taxation and the EU, was the Irish publisher of the Economic Freedom of the World Report. Paul has extensive broadcast and print media experience, and he holds a degree in Medieval English literature and philosophy from Trinity College Dublin and an MBA from University College Dublin.



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