The Brazilian Internet of Things Association (ABINC) and the International Data Spaces Association (IDSA) highlighted during a panel at Futurecom 2024 the relevance of Data Spaces as pillars for the advancement of the new data economy in Brazil. The panel, moderated by Flavio Maeda, vice president of ABINC, brought together experts including Sonia Jimenez, director of IDSA; Isabela Gaya, Innovation manager of the Brazilian Agency for Industrial Development (ABDI); Marcos Pinto, director of the Competitiveness and Innovation Department of the Ministry of Development, Industry, Trade and Services (MDIC); and Rodrigo Pastl Pontes, director of Innovation at the National Confederation of Industry (CNI), who brought different perspectives on the challenges and opportunities of Data Spaces for the data economy in Brazil.
During the event, Sonia Jimenez emphasized that many companies still face barriers to maximize the value generated by the data they collect, mainly due to the lack of confidence in sharing information. “Companies generate a lot of data, but they are not getting the expected return. IDSA emerges as a solution to promote trust among parties involved in secure data sharing, helping to overcome technological barriers and generating concrete benefits for businesses,” said Sonia.
She also pointed out that the scenario is changing, and organizations are beginning to realize the clear benefits of an integrated data economy. Sonia explained that IDSA is observing a growing awareness of the value of Data Spaces, especially in promoting technological innovations and system interoperability. According to her, this not only increases efficiency but also helps reduce costs and foster new digital business models.
Another highlight of the panel was the unprecedented research by ABDI “Agro Data Space Program Agro 4.0”, presented by Isabela Gaya, which explored the potential of Data Spaces in agribusiness, a crucial sector for the Brazilian economy. The study indicated that the adoption of Data Spaces could generate a 30% increase in operational efficiency in different areas of agriculture and reduce costs by up to 20%. In addition, the use of advanced technological solutions, such as the Internet of Things (IoT) and artificial intelligence, would enable the collection and analysis of large volumes of data, allowing for more informed and agile decisions in the field.
The research also highlighted the positive impact on sustainability. For example, producers could reduce herbicide use by up to 70% and significantly decrease the use of other inputs through monitoring and automation technologies, resulting in a more sustainable and efficient production. The study also revealed that over 1 million rural properties could directly benefit from this digital transformation, reinforcing the strategic role of Data Spaces in strengthening the competitiveness of the Brazilian agribusiness sector.
Isabela Gaya, from ABDI, commented during the event on the impact of digitalization in the agricultural sector: “The adoption of innovative technologies integrated with Data Spaces can transform Brazilian agribusiness, improving productive efficiency and promoting more sustainable resource management”. She emphasized that the sector is ready to embrace these innovations, especially with the support of public policies and targeted investments.
Marcos Pinto, director of the Department of Competitiveness and Innovation at MDIC, brought the government’s perspective on the importance of accelerating the development of Data Spaces in Brazil. He highlighted that the country has a massive production of data, both from individuals and companies, but only 25% of large corporations are effectively utilizing data analytics. ‘The government wants to encourage the development of these Data Spaces to accelerate the data economy in Brazil. We are creating a specific program for this and studying sectors where this technology can be successfully applied, as we have already seen in other countries,’ Marcos explained.
He also mentioned that the government is in the process of dialogue, talking to various sectors to identify areas where Data Spaces can be implemented. ‘Our message is one of collaborative construction, and we hope to launch concrete measures by the end of the year to support this development. We have been studying initiatives from other countries, especially from the European Union, and we do not want to wait five years to take advantage of this wave of innovation. The advantage is to create market opportunities and develop competitive products,’ Marcos said. According to him, the government should promote a consultation for a regulatory legal framework soon.
The director of MDIC emphasized that Brazil is committed to supporting the productive sector in transitioning to a more digital and efficient economy. ‘To achieve productivity gains, we will need digital companies that can develop these solutions. The government wants to be side by side with the productive sector to ensure that this happens,’ he concluded.
The ABINC, in partnership with the IDSA, has been working to bring this concept of Data Spaces to Brazil, seeking to leverage the digital competitiveness of the country. These initiatives are part of a larger digital transformation effort that aims to integrate sectors such as agriculture, health, and mobility, as well as foster the creation of new business opportunities.
Flavio Maeda, vice-president of ABINC, emphasized that this partnership with IDSA consists of bringing knowledge to the market regarding the potential of Data Spaces in Brazil, especially for agribusiness and industry. Maeda also explained that ABINC is working together with IDSA, ABDI, CNI, and MDIC to implement, by 2025, the Open Industry project, similar to what Open Finance was. “We want to bring the same benefits of Open Finance to other industrial sectors. This project also aligns with the concept of Data Spaces,” Maeda explained.
Rodrigo Pastl Pontes, from CNI, also commented on the importance of a robust and interoperable infrastructure so that industrial companies can share data with security and confidence, driving innovation and efficiency in various sectors.
With the advances discussed at Futurecom 2024, it is clear that data economy will play a central role in Brazil’s future, and the concept of Data Spaces will be crucial to consolidate this path, as Sonia Jimenez concluded: “The evolution of Data Spaces will allow Brazilian companies to reach a new level of innovation, with security, transparency, and, primarily, confidence in data sharing.”
