Innovating Works

DEMS-Nixus

Financiado
Creating a new paradigm of business value creation by fostering collaboration an...
Creating a new paradigm of business value creation by fostering collaboration and data sharing while minimising the cost of business transformation In order to keep competitive, companies need to integrate large volumes of data from multiple disparate sources and return insights immediately. The current approach to the digital transformation is based on fragmentation: isolate... In order to keep competitive, companies need to integrate large volumes of data from multiple disparate sources and return insights immediately. The current approach to the digital transformation is based on fragmentation: isolated and customised tools for different areas of the organisation. In today's complex and fast changing environment, this approach is no longer effective to manage business strategies and objectives due to: 1)lack of integration, 2)lack of interoperability and collaboration, 3)large time-to-value, 4)high costs, and 5) lack of transparency. Managers end up taking gut-feel decisions instead of data-driven ones. Global Data Excellence (GDE) brings DEMS-Nixus, the only complete solution for automated Data Integration, Data Cleansing, Business Intelligence, Data Governance and Data Sharing. The platform is the first end-to-end solution able to process natural language with no deployment or programming effort from the client side. DEMS-Nixus drastically accelerates the speed of business value creation (from 3-6 months to 3 days) minimising the cost of business transformation by 80%. GDE operates on the B2B market through a SaaS model. GDE is planning to sell two initial packages: the DEMS-Nixus basic software and the Data Excellence Framework (optional package with additional services). The pricing model will be completed with a yearly-fee license that depends on the number of 1) defined business rules, 2) unique records, and 3) domains. DEMS-Nixus will be introduced first in the markets where GDE is operating already. Existing clients have shown interest in the new product and will act as early adopters of the technology. Afterwards, DEMS-Nixus will start the expansion to other European markets, US and Canada. DEMS-Nixus represents a real innovation for the cross-organisational data governance, generating €96.3 M in sales in this period, and a total net profit of €11.2 M. Moreover, the company will create 19 new direct jobs during the project. ver más
28/02/2021
3M€
Duración del proyecto: 18 meses Fecha Inicio: 2019-08-22
Fecha Fin: 2021-02-28

Línea de financiación: concedida

El organismo H2020 notifico la concesión del proyecto el día 2021-02-28
Línea de financiación objetivo El proyecto se financió a través de la siguiente ayuda:
Presupuesto El presupuesto total del proyecto asciende a 3M€
Líder del proyecto
GLOBAL DATA EXCELLENCE SA No se ha especificado una descripción o un objeto social para esta compañía.
Perfil tecnológico TRL 4-5