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A Genetic Data CUBE - An innovative business model applied to predictive and prescriptive analytics, exploring Big Data and empowering cloud-services and urgent computation

Objective

Business Intelligence, Decision Making Processing, Predictive Analysis for economic and financial forecasting represent today a brick and mortar set of tools and methodologies to support important business functions aiming at investing purposes, storing customer information, marketing analysis and related tracking activities. Predictive analysis is therefore of paramount importance to diagnose and solve business problems and issues in our VUCA world (dominated by Volatility, Uncertainty, Complexity, Ambiguity). To meet this EU as well as global challenge, we intend to bring Genetic Data Cube (GDC) to market maturity.
GDC is a data driven innovative business model powered by a huge trove of real-world, real-time preference/usage /feedback data coming from experienced business experts as well as end- users. Our goal is to architect, develop, and deploy world-class data systems to empower multiple services and facilitate SMEs as well large enterprises or industries in diagnosing and solving relevant business problems or challenges. We are introducing a new paradigm in predictive analysis, a step-change to “prescriptive” analysis, not only processing-based but also human-centred.
Considering that Big Data are defined as the “oil of our times”, Big Data Analytic stands at the forefront to data management for economic and financial forecasting: to have a crystal-clear picture of the business opportunity, 90% of the data in the world has been created in the last 2 years alone; present estimates project that the Big Data market will top $84B in 2026. GDC will provide a unique, brand new business model supporting customers in understanding the past unstructured data to predict future activities in customers, investments and business development/growth perspective. Main benefits rely on improving quick-decision, profit, measure social media impact and prevents fraud by making application of advanced analytics and decision optimisation.

Fields of science (EuroSciVoc)

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Programme(s)

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.

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.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2014-2015

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Coordinator

X23 SRL
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
PIAZZALE VITTORIO VENETO 22
27049 STRADELLA
Italy

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Nord-Ovest Lombardia Pavia
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

€ 71 429,00
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