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Evidence Based Big Data Benchmarking to Improve Business Performance

Objective

Organisations rely on evidence from the Benchmarking domain to provide answers to how their processes are performing. There is extensive information on how and why to perform technical benchmarks for the specific management and analytics processes, but there is a lack of objective, evidence-based methods to measure the correlation between Big Data Technology (BDT) benchmarks and an organisation’s business benchmarks and demonstrate return on investment. When more than one benchmarking tool exists for a given need, there is even less evidence as to how these tools compare to each other, and how the results can affect their business objectives. At the heart of the DataBench project is the goal to design a benchmarking process helping European organizations developing BDT to reach for excellence and constantly improve their performance, by measuring their technology development activity against parameters of high business relevance. DataBench will investigate existing Big Data benchmarking tools and projects, identify the main gaps, provide a robust set of metrics to compare technical results coming from those tools. It will provide a framework to associate those technical results with the economic processes that are imperative to a company. It will provide a robust set of benchmarks to assess which tools respond best and provide the most pertinent information for organisation’s economic planning and respond to their current and emerging industrial needs. It will provide a software tool which the industrial and research community users can leverage to do this evaluation. DataBench will interact with ICT14 and 15 projects to give access to this tool and framework to leverage the Big Data benchmarking investment so far carried out in the benchmarking community, contributing to the success of the BDV-PPP. The project envisions continuous interaction with the leading BDT suppliers and industrial user communities, and has a strong relationship with the BDV cPPP.

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: The European Science Vocabulary.

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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.

RIA - Research and Innovation action

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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-ICT-2016-2017

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Coordinator

IDC ITALIA 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.

€ 371 509,73
Address
VIALE MONZA 14
20127 MILANO
Italy

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Region
Nord-Ovest Lombardia Milano
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.

€ 685 624,73

Participants (9)

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