Info Image

EU to Invest Over €760 Million in Cloud, Data, Cybersecurity Projects

EU to Invest Over €760 Million in Cloud, Data, Cybersecurity Projects Image Credit: KanawatVector/Bigstockphoto.com

The European Commission has adopted the amendment of the Digital Europe work programmes for 2024, assigning €762.7 million in funding for digital solutions to benefit citizens, public administrations, and businesses.

The amended main work programme with a 2024 budget of nearly €549 million will focus on deploying projects that use digital technologies such as data, cloud, and advanced digital skills. The work programme will roll out support for the smooth implementation of Digital Decade multi-country projects including opportunities for European Digital Infrastructure Consortia (EDICs). New actions will support the implementation of the AI Act and the development of a European AI ecosystem, including in particular SMEs.

The Commission has earmarked the remaining €214 million for 2024 for cybersecurity, to enhance the EU's collective resilience against cyber threats. The actions funded by this work programme will be implemented by the European Cybersecurity Competence Centre.

The first calls for the Digital Europe Programme will be published in early 2024, with more to come in spring.

Margrethe Vestager, President, European Commission

The Digital Europe Programme is key for pooling EU and national funding to achieve ambitious digital projects that no Member State can do alone. It is crucial that Europe continues to support our digital decade targets with enhanced focus on digital skills, excellence in artificial intelligence, and cybersecurity.

Thierry Breton, Commissioner, European Commission

The Digital Europe Programme drives Europe's leadership and sovereignty in digital technologies. It will build on the recent agreement on the EU AI Act and boost the development of a thriving European AI start-up ecosystem. It will also allow us to jointly scale up our capabilities in cloud, data and cybersecurity, including necessary digital skills.

NEW REPORT:
Next-Gen DPI for ZTNA: Advanced Traffic Detection for Real-Time Identity and Context Awareness
Author

Andrea Y. Lavannya is the Senior Editor and Vertical Analyst - Telco and Techco, at The Fast Mode. Andrea covers global telecom markets, operator revenue strategies and emerging business areas, and heads thought leadership development in areas relating to CSPs, MNOs, MVNOs, MVNEs and cable.

PREVIOUS POST

Movandi Secures $27 million in Funding to Accelerate Real World 5G mmWave Deployments

NEXT POST

NTT's Growth in India: Unveiling a New Data Center Campus in Noida