#EUDataActSeries: The EU Data Act: Risks and Opportunities for Consumers and Connected Product Manufacturers The EU Data Act brings sweeping changes, and both consumers and connected product manufacturers will feel the impact. Here's a look at the key risks and opportunities from both perspectives. ???????? ?????? ????????????????'?? ?????????? ???? ????????: ? ??????????????????????????: Greater control over personal data and enhanced transparency. Consumers will benefit from more tailored services and the freedom to move their data across providers, potentially boosting competition and quality in the market. ? ??????????: The increased data sharing required by the Act raises concerns about data privacy and security. Consumers need to be confident that companies will handle their data responsibly and protect it from misuse. ???????? ?????? ?????????????????? ?????????????? ????????????????????????'?? ?????????? ???? ????????: ? ??????????????????????????: The Act opens up new possibilities for collaboration and innovation, with access to broader data ecosystems. Manufacturers can leverage shared data to create better products, optimize services, and even develop new revenue streams. ? ??????????: Compliance with the Data Act's requirements can be complex and costly. There is also the risk of intellectual property challenges, as sensitive business data might need to be shared with third parties, potentially eroding competitive advantage if not managed carefully. Navigating these challenges while capitalizing on the opportunities is essential for success. At Connect Reply, we’re here to help manufacturers align with the EU Data Act, mitigate risks, and turn compliance into a strategic advantage. ?????????? ???? ?????????? ????????? Contact us today and discover how we can support your journey through these regulatory changes. #EUDataAct #ConnectedProducts #DataGovernance #ConnectReply Gianluca Lupica Luigi Rega Daniele Vitali
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The EU Data Act is coming. Companies can try optimising the opportunity, reducing risks, or both. Companies should NOT pretend it is not coming and not be prepared for it. #EUDataAct #ConnectedProducts #DataGovernance #ConnectReply #EUDataActSeries
#EUDataActSeries: The EU Data Act: Risks and Opportunities for Consumers and Connected Product Manufacturers The EU Data Act brings sweeping changes, and both consumers and connected product manufacturers will feel the impact. Here's a look at the key risks and opportunities from both perspectives. ???????? ?????? ????????????????'?? ?????????? ???? ????????: ? ??????????????????????????: Greater control over personal data and enhanced transparency. Consumers will benefit from more tailored services and the freedom to move their data across providers, potentially boosting competition and quality in the market. ? ??????????: The increased data sharing required by the Act raises concerns about data privacy and security. Consumers need to be confident that companies will handle their data responsibly and protect it from misuse. ???????? ?????? ?????????????????? ?????????????? ????????????????????????'?? ?????????? ???? ????????: ? ??????????????????????????: The Act opens up new possibilities for collaboration and innovation, with access to broader data ecosystems. Manufacturers can leverage shared data to create better products, optimize services, and even develop new revenue streams. ? ??????????: Compliance with the Data Act's requirements can be complex and costly. There is also the risk of intellectual property challenges, as sensitive business data might need to be shared with third parties, potentially eroding competitive advantage if not managed carefully. Navigating these challenges while capitalizing on the opportunities is essential for success. At Connect Reply, we’re here to help manufacturers align with the EU Data Act, mitigate risks, and turn compliance into a strategic advantage. ?????????? ???? ?????????? ????????? Contact us today and discover how we can support your journey through these regulatory changes. #EUDataAct #ConnectedProducts #DataGovernance #ConnectReply Gianluca Lupica Luigi Rega Daniele Vitali
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Over the last year, we've partnered with leading organizations facing critical data compliance challenges. Here's what we discovered: 1. Traditional data compliance processes are breaking under modern demands - taking 12+ weeks and massive internal resources 2. Lack of transparency in compliance certification criteria is severely limiting dataset utility 3. Companies need a way to continuously monitor compliance as their data evolves We’ve released a few case studies this year showing how we've transformed this with STATinMED Research, PurpleLab, and Skyflow: - Reduced compliance timelines by 90% (from 12+ weeks to just 7 days) - Enabled transparent risk assessment and remediation - Implemented continuous monitoring for evolving datasets Don't take my word for it: "Integral's collaborative spirit was evident from the start. They were focused on supporting us throughout the process so that our data is not only compliant but optimized for our research needs." - Keshia Maughn, MPH, STATinMED "It's given us the confidence to rapidly innovate and expand our offerings, knowing that our compliance is being vigilantly maintained." - Mike Hoey, CTO PurpleLab Proud to be reshaping regulated data compliance automation with the best in the business! Explore how we’re impacting the future of regulated data collaboration here: https://lnkd.in/dBmU6YMY #healthtech #dataprivacy
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The Future of Our Dataome: As we continue to progress and develop in tandem with our dataome—a term that encompasses the vast and intricate collection of data that surrounds us—comprehending its implications is of paramount importance. This understanding is essential for successfully navigating the intricacies of contemporary life and ensuring the responsible and ethical use of personal information. In today’s digital age, our dataome is expanding at an unprecedented rate, with a staggering 2.5 quintillion bytes of data being created every day. This digital ecosystem influences every aspect of our lives, from the way we make decisions to how businesses operate and governments function. As we interact with technology and the internet, each click, search, and transaction adds to this immense pool of data, shaping our digital footprints. Therefore, it is crucial to address the ethical challenges that arise, such as privacy concerns, data security, and the potential misuse of personal information. By fostering a deeper understanding of these issues, we can make informed choices that protect individual rights while embracing innovation. #FutureOfData #Ethics
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According to the IDC, around 90% of all data generated by organizations is dark data – data that is collected but untapped. Discover how you can harness this data to automate with #AI-powered analytics and get more value from your #VideoSecurity systems in our #Calipsa factsheet: https://hubs.li/Q02Yz5070 #MotorolaSolutions #tech
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According to the IDC, around 90% of all data generated by organizations is dark data – data that is collected but untapped. Discover how you can harness this data to automate with #AI-powered analytics and get more value from your #VideoSecurity systems in our #Calipsa factsheet: https://hubs.li/Q02Yz5070 #MotorolaSolutions #tech
Uncover dark data with video analytics | Calipsa factsheet
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As a BettrData.io Trusted Partner, I’m pleased to share how BettrData.io is transforming the landscape of Data Operations. Streamlining Core Data Processes: BettrData.io is purpose-built for Data Operations professionals seeking to streamline their core data processes, improve speed, efficiency, and compliance management. Whether you’re a small startup or a Fortune 500 company, BettrData.io has solutions tailored to your needs. Let’s discuss the verticals: Financial Services: BettrData.io facilitates seamless integration of data across legacy systems, cloud platforms, and third-party applications. Financial institutions can enhance identity resolution, verify transactions in real-time, and improve fraud detection. Manufacturing: Manufacturers can leverage BettrData.io to collect and analyze data from production lines, equipment sensors, and systems. This data-driven approach identifies inefficiencies, optimizes workflows, and reduces production costs. Healthcare: BettrData.io empowers healthcare organizations to enhance data quality and compliance. From patient records to operational data, it ensures accuracy, streamlines processes, and supports critical decision-making. Retail: Retailers benefit from BettrData.io’s easy file management, AI-driven data acquisition, and automatic data pipeline configuration. It transforms second and third-party data into a strategic asset, improving customer insights and marketing effectiveness. Immediate Data Quality Enhancement: BettrData.io’s data enrichment capabilities are a game-changer. It augments existing datasets, cleanses data, deduplicates records, and ensures compliance. Imagine reducing false positives and negatives while enhancing overall accuracy! Security and Compliance: BettrData.io adheres to industry standards (e.g., SOC 2, GDPR, DPV) to safeguard sensitive information. Unlock the power of data with BettrData.io. Schedule a demo today! Contact Richard or [email protected]? #DataOps #DataQuality #Innovation #DigitalTransformation
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Struggling with data quality and compliance? 360workx can help! Is data quality and compliance giving you a headache? 360workx can help! Are you struggling to maintain high-quality data while ensuring compliance with regulations??You're not alone.?Many businesses face challenges in this area. Here at 360workx,?we understand your pain points.?That's why we offer a comprehensive solution to help you: 1. Improve data quality:?Our tools and services can help you identify and clean inaccurate or incomplete data,ensuring your information is always reliable. 2. Enhance data governance:?We can help you establish strong data governance practices to ensure your data is managed effectively and consistently. 3. Streamline compliance:?Our solutions can help you streamline compliance with regulations like GDPR and CCPA,saving you time and resources. 4. Empower data-driven decisions:?With clean,?compliant data,?you can make better-informed decisions that drive business growth. Don't let data quality and compliance hold your business back.?Contact 360workx today and learn how we can help you achieve your goals! #dataquality #compliance #datagovernance #datadrivendecisions #360workx
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Many of today’s biggest industry challenges won’t be solved by a company toiling alone, drawing only on its proprietary data. Complex issues such as fraud detection, supply chain optimisation, and drug discovery can often be tackled most effectively through collaboration, pooling data from multiple industry players. In this scenario, everyone wins––both individual companies and the industry at large. And the win could be substantial: in 2019, the Organisation for Economic Co-operation and Development estimated the value opportunity of data sharing at 2.5% of the global GDP. #strategy #data #datastrategy #ecosystems
The Benefits of Data Sharing Now Outweigh the Risks
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Data quality is the foundation of successful business decisions, not to mention regulatory compliance. The more sophisticated your data management, the greater the likelihood of unlocking the wealth in your data in a legally compliant, focused, effective and ethical manner. But how can organisations ensure their data is reliable? Find out more in Tech Index 2024, a must-read for anyone navigating the fast-evolving tech landscape https://lnkd.in/dcTTj-mC? #TechIndex2024 #DataQuality #BusinessStrategy #Innovation
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