Using data in an economically intelligent way, exploiting it securely and in compliance with the law and treating it as an economic asset in its own right should be easier for companies in the future. In the area of the data economy, Germany and Austria see good opportunities for the joint development of solutions. Therefore, both countries have implemented cooperative project funding in this area: The funding calls "Smart Data Economy - Artificial Intelligence, Semantics, Sovereignty" from the BMWK and "Smart Data Economy AT/DE 2018 - AI-based Data Products" from Austria enable cooperative research and development projects.
In 2019, the following cooperation projects have been launched for this purpose: