The European Union has allocated half a billion euros for Big Data between 2016 and 2020. That is good news for Big Data companies! Besides this, companies as Atos, Sap and Siemens also invest 2 billion together. The money will be used for research into Big Data and new applications, such as the prediction of diseases.

Government agencies and companies as educational institutions can submit a grant. Big Data also provides opportunities for employment. The EU expects that Big Data could provide 100.000 new jobs.

Source: www.emerce.nl