Project description
Advanced business analytics at your fingertips for all kinds of data sources, no coding required
Analysing voluminous amounts of data to extract the key points necessary for business decision-making is a complicated, time-consuming and often expensive proposition requiring significant expertise and personnel. The Spanish SME Graphext Labs has developed an easy-to-use and seamless cloud-based software-as-a-service solution to democratise advanced analytics. Users can drag and drop data sets or import from standard software and immediately begin exploring patterns using graphical displays. The insights enable both understanding of past and present trends and predictions of future ones, all with no code-writing requirement. The EU-funded Graphext project is helping the team evaluate technical, practical and economic viability.
Objective
The landscape for data analytics is undergoing profound changes, 1) because of the growing awareness of organisations in the intrinsic value of the data, 2) because of the huge explosion in amount and sources of data accessible, and 3) because of developments in tools and methods to extract value from the data.
The challenge for organisations is to optimally extract intrinsic value (economic, social and environmental) to remain effective and competitive. Organisations that can achieve this rapidly and most economically will certainly excel. Currently, the tools available on the market have are scattered and diverse, on one hand being conventional BI that have failed to keep up (with traditional databases and visualisation schema designed for structured data), and on the other there are sophisticated tools designed for use by data scientists, creating a major gap in between, to reach business analysts and decision makers.
To date there are no tools on the market that combine these advanced data science methods together with user-friendly value-creation results and front-ends, aimed at tactical and strategic decision making.
Graphext disrupts the existing market for data-science and BI analytics, by combining the full-stack functionalities in one seamless cloud-based SaaS solution. Graphext’s revolutionary approach in the analysis and visualization of complex datasets, brings the field of advanced Data Science to the mainstream.
Graphext delivers an advanced system for data analytics and value-creation - providing direct ‘actionable insight` for decision makers. Graphext applies advanced scientific techniques with unsupervised automated learning together with advanced data visualisation. This is an entirely different approach to data analysis as it takes a network and statistical approach, e.g. through employing techniques such as heuristics, looking at inherent patterns, anomalies and extracting intrinsic meaning from the data, doing the work of the data scientists.
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.
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.
- natural sciences computer and information sciences data science big data
- natural sciences computer and information sciences data science business intelligence
- natural sciences computer and information sciences artificial intelligence pattern recognition
- natural sciences computer and information sciences artificial intelligence machine learning
- natural sciences computer and information sciences artificial intelligence heuristic programming
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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.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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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.
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.
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.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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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.
18014 Granada
Spain
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.