The digital economy is an area with untappedpotential for both the European Union and Ukraine. Digital technologies, services and systems are of vital importance for social development and can create growth and jobs in all areas of economy from the smallest, most traditional manufacturer to newly-emerging hi-tech industries.
Take, for instance, digitisation of industry and the way this will reshape the way we live, work and do business. In the next few years, we will see millions of interconnected devices and almost half of the mobile transactions facilitated by people’s phones. Soon, the fastest-growing companies will use smart machines to increase their efficiency and productivity and reduce costs. Traditional sectors of the economy, as well as public administration, will benefit a lot from analytical services based on big and open data. It is in the clear interest of the EU and Ukraine to cooperate closely in the digital matters for the benefit of our economies and societies.