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German Companies Barely Use Their Data

Only 6 percent of companies are exploiting the potential of the data available to them. Data protection and legal uncertainty are slowing down the supply of data.
E3 Magazine
July 31, 2024
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This text has been automatically translated from German to English.

Data is becoming increasingly important for business and society, but the vast majority of German companies continue to underutilize data. Only 6 percent assume that they are fully exploiting the potential of the data available to them. 31% exploit it to a great extent, 42% to a lesser extent and 18% not at all.

Part of the companies that exploit the potential of the available data.


In addition, many companies feel thwarted by laws and regulations when handling data. 44% have often had to stop plans for innovations in connection with the use of data due to legal requirements. Accordingly, 51% of companies would like to see less strict rules on data usage. 62% agree with the statement that strict rules are driving innovative data-driven business models out of Germany. Around half are convinced that Germany is missing out on economic opportunities due to strict rules on data usage.

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