Why Gaia-X is important for German SMEs?

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What is Gaia-X?

Gaia-X brings companies, associations, and research institutes jointly into a digital ecosystem. The aim is to simplify the gathering and data sharing by creating data rooms for key industries.

As per the Federal Minister of Economics Peter Altmaier, “The data spaces created by Gaia-X enable new digital business models- and thus secure competitiveness and jobs in a digitized world. With the Gaia-X funding competition, we support lighthouse projects in numerous industries that put Gaia-X into practice. In the coming days, these projects will be brought to life for German medium-sized companies in order to inspire even more companies for Gaia-X and data-driven innovations.”

As per the CEO of Gaia-X, Francesco Bonfiglio, “ESG is about building trust in products and services. Gaia-X is about building trust on digital platforms.”

Source:- Industry of things

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