Definition: Data-driven innovation (DDI)

Category: General concept

Capacity of businesses and public sector bodies to make use of information from improved data analytics to develop improved services and goods that facilitate everyday life of individuals and of organisations, including SMEs. http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52014DC0442&rid=1
Source:
European Union, Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions "Towards a thriving data-driven economy" (SWD(2014) 214 final)
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