Summary
Businesses across Europe – large and small – will be impacted in some way by the European Union’s (EU’s) Digital Agenda aimed at generating economic growth through better use of technology. They will need to comply with new EU rules and regulations related to how they store information, process business documents, or do business across borders.
At the core of the Digital Agenda are 100 planned actions on topics including the EU’s digital single market, trust and security, and the development of e-skills. Among the 100 are activities aimed at increasing the take up of electronic invoicing across Europe, and initiatives to support small and medium sized businesses to use technology to gain competitive advantage.
According to the European Commission, the ICT sector is directly responsible for 5 per cent of European GDP, with a market value of €660 billion annually. As such, it is important businesses are fully prepared and able to take advantage of the opportunities that the digital agenda will create through the adoption of technology.
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