Shortlisted for a 2025 Self-Driving Industry Award, V2X experts Beam Connectivity have announced a free webinar to unpack one of the most significant recent pieces of European legislation, the EU Data Act.
Starting at 11am (UK-time) on Wednesday 22 October, CTO Rob Potter, and Dr. Richard Oxland, Director of Secure Connected Vehicle, will cover the UK’s position, the new consent requirements, key cybersecurity considerations, and some exciting opportunities for data monetisation.
“The shift from OEM as gatekeeper to user in control is already underway,” said Oxland. “The EU Data Act isn’t just about compliance, urgent as that is, it’s about unlocking value through secure, interoperable data access.”
The importance of the new Act is hard to overstate, with implications for everything from vehicle hardware and software to fleet management and aftermarket service provision.
EU Data Act – monetisation
There is undoubtedly a huge revenue opportunity in Extended Vehicle (ExVe) application programming interfaces (APIs).
Growth Market Reports recently predicted that the global ExVe API market, worth US$2billion in 2024, will more than treble to US$7billion by 2033.
However, in America, we’ve already seen legal action taken against VMs regarding alleged inappropriate selling of customer data.
If you own a device which is generating data, and might, with permission, like to charge for making it available, either B2B or B2C, the Beam webinar will provide practical insights and strategic clarity.
Detailing how compliance can be achieved by meeting the new ISO 20078 web standard, there might also be a sneak preview of some cutting-edge cloud-based services designed specifically for this purpose.
After the presentation, there’ll be a live Q&A, giving you the chance to put questions directly to the Beam team.
For further info and webinar registration, please click here
