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BiggerDecisions

Financiado

Cerrado

Data driven decision making for a more efficient society

The rapid diffusion of digital information technologies has created an explosive growth in the amount of digital data. 90% of the world’s data today has been created in the last two years alone. The availability of this data has o... ver más

31/03/2019

CYBER

2M€

Presupuesto del proyecto: 2M€

Líder del proyecto

CYBERNETICA AS No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Fecha límite participación Sin fecha límite de participación.

Financiación concedida El organismo H2020 notifico la concesión del proyecto el día 2019-03-31

SMEInst-01-2016-2017: Open Disruptive Innovation Scheme

I+D

Cerrada hace 8 años

0% 70% 100%

Información adicional privada

No hay información privada compartida para este proyecto. Habla con el coordinador.

1 Participantes

CYBER

1.28M€ | Lider

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Duración del proyecto: 19 meses Fecha Inicio: 2017-08-09
Fecha Fin: 2019-03-31

Líder del proyecto

CYBERNETICA AS No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Presupuesto del proyecto 2M€

Fecha límite de participación Sin fecha límite de participación.

Descripción del proyecto The rapid diffusion of digital information technologies has created an explosive growth in the amount of digital data. 90% of the world’s data today has been created in the last two years alone. The availability of this data has opened up an opportunity to create significant value on all levels of the society. More extensive use of this data for data-driven decision-making (by companies, governments, researchers) could improve European GDP by more than €120 billion by 2020. However, this opportunity is currently restricted by privacy regulations, distrust and business secrets. Sharemind is the first technology that truly enables the use of confidential data for data-driven decision-making, and thereby fundamentally enhances the potential value of big data. The novelty of Sharemind lies in its ability to extract useful information from private data without even seeing the data. Sharemind makes new types and more data available for sharing/analysis and simplifies the data analysis process, and thereby enables applications that have been impossible before. Users of Sharemind gain new insights that can be used for making decisions, improving productivity, optimising marketing, developing new products and services and implementing new business models. Sharemind has been validated in an operational environment with five piloting customers (TRL7). Our go-to-market action plan foresees approaching our existing list of interested prospects as soon as the limitations to Sharemind global scale-up have been removed in the BiggerDecisions project. We have identified 250 customer leads, of which 30 are currently in sales negotiations with us. One of the main factors supporting our commercialization efforts is the enforcement of General Data Protection Regulation in 2018, requiring a level of data privacy and security that is beyond what most organisations are currently equipped to manage. We will execute a business strategy yielding over €94 million in revenues in 2021.

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