The disruptive potential of digitisation

The internet of things offers the potential to transform business models and consumer experiences. The most digitally-advanced Member States are ahead of the US and Japan, but many other European countries are lagging behind.

Businesses and consumers alike need to embrace the potential of the internet of things. But businesses and policymakers must also consider how to mitigate the disruptive consequences, which are potentially very large in some sectors.

Source: OECD;
IDATE, own calculations