The European Union has outlined its vision of a better connected world, unveiling a new strategy designed to support innovation through investment. Viviane Reding, EU commissioner for information society and media, said in a speech Thursday that the internet has the power to make European systems smarter and more efficient across the board. Reding suggested that the internet could lead to lower emissions, better healthcare, and less congested roads, for example, if the information it contains is harnessed correctly and efficiently. The strategy is designed to boost European internet infrastructures, and Reding said that the EU will work with national governments and IT companies to build up a EUR 300m investment fund. The European Commission (EC) has already invested EUR 400m in more than 90 European projects under its ICT research programme, and will invest another EUR 200m a year until at least 2013. This latest announcement will contribute to the EC's plans to make Europe a leader in the research and rollout of future internet technologies needed to " smarten up" infrastructures, Reding said.
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