Up next are Viviane Reding (European Parliament) and Claudia Nemat (Deutsche Telekom) discussing how to support innovation in Europe from a political as well as entrepreneurial perspective.
Reding begins with asking Nemat what she would like politicians to provide so that the digital development can flourish in Europe. Nemat points out that Digital Europe is not the affair of a single country. The ability of the networks to talk to each other is nothing that can be achieved by one country. That's why Telekom tries to build a pan-European network.
Reding agrees that it is important to have transnational structures and regulations. The roaming fees have been a symbol of what had been going wrong. Cutting the roaming cost has been one step to unify the rules and costs throughout Europe. However, Nemat says, this is just one symptom and we have to heal the roots to get rid of all symptoms. Governments need to open their borders to allow for innovation in an age of Industry 4.0 and the Internet of Things. "We had mechanical engineering, we had automated-mass-production and now we have the combination of the cyber- and physical world. The idea is to have flawless and fast interconnection of all things from the point on the customer orders the product to the design, wrapping and shipping of the product. In this regard, Europe is in a good position because of its solid industrial base, Nemat believes.
Reding moves on to address the question of net neutrality. The US has recently decided to abandon net neutrality, while the European parliament chose to maintain net neutrality in Europe. Net neutrality secures that all data is treated equally and constitutes the freedom of the Internet today. However, Nemat is against net neutrality. She explains her position with future developments. When we will live in a world where busses will be steered by data this data stream should be prioritized to somebody else's. Deutsche Telekom also would like to offer fast premium accounts for people who are willing to pay more and provide best effort basic connections for everyone else. Reding interjects that this still leaves the question of how she defines best effort. "We need high speed networks everywhere."
We need to change public procurement policies, competition rules, enable investments that don't stop at the border in order to support the digital market in Europe, Reding sums up and notes that politics and the industry have quite a different speed in decision making and will profit trying to meet the speed of each other.