Leading the next industrial revolution: embracing digitalisation for Europe’s future

This year’s TCS European Policy Summit (TEPS 2024) organised by Friends of Europe in collaboration with TCS, will explore how Europe can lead the next industrial revolution and how it can capitalise on its strengths while embracing the potential for digital transformation and innovation. This summit brings together leaders from the public and private sectors in a strategic dialogue through a working dinner and a two-session conference. 

While the EU has been at the forefront of the earlier industrial revolution, setting the stage for today’s industrial and societal structures could be risky. The recently launched Draghi report warns that the EU could risk losing the industrial revolution race without a speedy rethinking of its industrial and competitiveness policies. In today’s environment where innovation quickly outpaces policymaking efforts, it is high time for Europe to reflect on its ambitions, current gaps and strengths and take the opportunity of the current mandate to show its commitment to future-proof its economy. 

• What lessons can be learnt from the past mandate and what should be the priorities of the upcoming Commission for boosting EU competitiveness, particularly in the digital sector? 

• What is at stake if Europe does not step up its commitment to leading this phase of the industrial revolution? 

• In which ways does digitalisation have the potential to reshape industry and government services?  What mechanisms should be put in place to foster the take-up of digital transformation, especially emerging technologies and AI across Europe? 

Related content:

• Event | Towards a sustainable and digitalised EU economy

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