Enabling the property Data Marketplace for Novel Data-driven Business Models

Objective

Property data are one of the most valuable datasets managed by governments worldwide and extensively used in various domains by private and public organizations. Unfortunately these data are not always easy to access. House and property data is used in a variety of ways to produce value added information within and across several business sectors, including real estate and debt collection. Such sectors suffer from a lack of innovation due to a fragmented data ecosystem which makes it difficult to access relevant datasets. This hampers innovation, protects incumbents and promotes rent-seeking business models. The difficulty in creating a single, open data market partly depends on the fact that some governmental agencies are currently making significant revenues on selling data to a restricted number of business players in the private sector. However, several studies, demonstrated that the transaction costs for government agencies tend to be very high, and often make selling the data non-profitable.
proDataMarket aims to disrupt the property data market and demonstrate innovation across sectors where property data is relevant, by integrating a technical framework for effective publishing and consumption of property-related data, showcasing novel data-driven business products and services based on property data. proDataMarket will provide a digital data marketplace for open and non-open property and related contextual data, making it easier for data providers to publish and distribute their data (for free or for a fee) and for data consumers to easily access the data they need for their businesses.
The consortium is formed by large companies ensuring high-impact business cases, technology transfer providers ensuring technologies for the creation and maintenance of the data market platform, and large data providers providing data for the business cases. With strong industry involvement proDataMarket will cover a wide range of data value chains related to property data.

Fields of science

• natural sciences › biological sciences › ecology › ecosystems
• social sciences › economics and business › business and management › business model
• agricultural sciences › agriculture, forestry, and fisheries › agriculture
• social sciences › economics and business › business and management › commerce

Programme(s)

• H2020-EU.2.1.1.4. - Content technologies and information management: ICT for digital content, cultural and creative industries

Topic(s)

• ICT-15-2014 - Big data and Open Data Innovation and take-up

Call for proposal

H2020-ICT-2014-1
See other projects for this call

Funding Scheme

IA - Innovation action

Coordinator

STIFTELSEN SINTEF

Address

Strindveien 4
7034 Trondheim
Norway

Activity type

Research Organisations

EU contribution

€ 999 207

Participants (7)

CERVED GROUP SPA

Italy

EU contribution

€ 285 687,50

Address

Via San Vigilio 1
20142 Milano

Activity type

Private for-profit entities (excluding Higher or Secondary Education Establishments)

EVRY NORGE AS

Norway

EU contribution

€ 644 000

Address

Snaroyveien 30A
1360 Fornebu

Activity type

Private for-profit entities (excluding Higher or Secondary Education Establishments)

EMPRESA DE TRANSFORMACION AGRARIA SA

Spain

EU contribution

€ 276 937,50

Address

Calle Maldonado 58
28006 Madrid

Activity type

Private for-profit entities (excluding Higher or Secondary Education Establishments)

KOMMUNAL- OG MODERNISERINGSDEPARTEMENTET

Norway

EU contribution

€ 505 750

Address

Akersgata 59
0180 Oslo

Activity type

Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)

SPAZIODATI SRL

Italy

EU contribution

€ 352 625

Address

Via Adriano Olivetti 13
38122 Trento

Activity type

Private for-profit entities (excluding Higher or Secondary Education Establishments)

ONTOTEXT AD

Bulgaria

EU contribution

€ 230 562,50

Address

Tsarigradsko Shose 135
1784 Sofia

Activity type

Private for-profit entities (excluding Higher or Secondary Education Establishments)

ISTITUTO NAZIONALE DI STATISTICA

Italy

EU contribution

€ 204 375

Address

Via Cesare Balbo 16
00184 Roma

Activity type

Research Organisations