Project description
Semantic-based knowledge systems
MUSING aims at developing a new generation of Business Intelligence (BI) tools and modules founded on semantic-based knowledge and content systems. MUSING will integrate Semantic Web and Human Language technologies and combine declarative rule-based methods and statistical approaches for enhancing the technological foundations of knowledge acquisition and reasoning in BI applications. The breakthrough impact of MUSING on semantic-based BI will be measured in three strategic, vertical domains: * Finance, through development and validation of next generation (Basel II and beyond) semantic-based BI solutions, with particular reference to Credit Risk Management * Internationalisation, through development and validation of next generation semantic-based internationalisation platforms * Operational Risk Management, through development and validation of semantic-driven knowledge systems for measurement and mitigation tools, with particular reference to IT operational risks faced by IT-intensive organisations. Main S&T objectives: 1. Development of a self-adapting BI system that integrates and specialises high-level semantic technologies for supporting next level of effectiveness in operations in different industries 2. Combined use of declarative rule-based approaches and statistical methods in the semantic technology 3. Validation of RTD results in three high-social-impact, vertical domains 4. Modelling and recognising evolving knowledge accounting for temporal logic 5. Support to development of innovative technologies that enable enterprises' self-assessment. Prime tangible results: 1. A set of innovative knowledge management components to be utilised in multi-industry contexts 2. An integrated, self-adapting framework to develop specialised BI applications for vertical industries 3. Full-blown, validated and demonstrated semantic-based BI solutions in three vertical domains 4. Specifically trained researchers and end-users resulting from MUSING training campaig
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
- humanities languages and literature general language studies
- natural sciences computer and information sciences data science business intelligence
- social sciences sociology governance crisis management
- natural sciences computer and information sciences internet semantic web
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
FP6-2004-IST-4
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Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
66123 Saarbruecken
Germany
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.