Data Economy & Data Protection
„Data is the oil of the 21st century” – this bon mot is quoted regularly. And rightly so, because data is the fundamental resource of all digital business models. Those who have data can identify trends, patterns, and correlations and thus make informed predictions for business decisions. Those who have data can better assess risks, increase efficiency, and optimise processes. Those who have data can train artificial intelligence. And so much more.
We assist our national and international clients in navigating this environment, which is still relatively young and dynamic, not only in terms of technology and economics, but also in terms of regulation. We support you in the generation and acquisition of data, as well as in its legally compliant structuring, utilisation and use.
Data protection law plays an essential role in this context, i.e. the protection of very specific data: data that contains information about an individual person. Data protection is often perceived as a brake block and obstacle. We advise on all questions of data protection law and help you release this brake and incorporate appropriate data protection compliance into your business processes. Without hindering business.
Our services
- Design of data-based business models and platform structures
- Data licence and data use agreements
- Advice on data governance, data sharing, and international data transfers
- Advice on the options for designing processes that involve the processing of personal data
- Evaluation of specific processing scenarios, e.g., the functionalities of digital services, direct marketing, use of cloud services, and AI applications
- Preparation of data protection documentation, e.g., records of processing activities, data protection impact assessments, transfer impact assessments for international data transfers
- Preparation of privacy policies and declarations of consent
- Data protection agreements between companies, e.g., data processing agreements, joint controllership agreements, address trading
