Project description
Data is an important commodity, and a new exchange method will help businesses leverage it
Businesses generate a wealth of data. Sharing or selling data is already a practice used by many enterprises in the interest of expanding markets. However, unlike the stock market, there is no centralised platform for data transactions adapted to all types of data and all types of businesses. The EU-funded Dawex GDM project is supporting French SME Dawex Systems in developing a cross-border data exchange platform to allow organisations to circulate, source, distribute and exchange data safely and securely within their ecosystems and with other sectors, enhancing business opportunities, partnerships and innovation. The platform is already helping sectors including agriculture, banking, defence, energy and the environment, to name but a few.
Objective
Companies, regardless of their size and their activities, are increasingly generating data. They use it to run their business but they also acquire data externally - whether publicly available data or data coming directly from other companies - as internal data generally do not suffice. Businesses increasingly realize that they can also generate new revenue by selling their own data to interested third parties. The European Commission has recognized the data market as the future of the global economy, as part of its flagship policy for the Digital Single MaCurrently, more and more data is generated by companies, regardless of their size and their activities. Businesses can buy this data, but also have the potential to generate revenue by selling their own data to other third parties. The European Commission has recognized the digital market as the future of the global economy, as part of its flagship policy for the Digital Single Market. However, at present, there is no comprehensive platform dedicated to data transactions, adapted to all types of data and all types of businesses.
Dawex is the first global data marketplace where companies from all industries can meet, buy and sell data directly and securely. Acting as a trusted third party, Dawex does not buy nor sell data itself and companies retain full control over the transactions they conduct on the marketplace. With more than 3,600 companies from 20+ business sectors, we are facilitating cross border data flow and making data exchange accessible and secure for all economic stakeholders.
During the 2 years of this project, Dawex will deploy a Europe-wide, cross-border data marketplace, compliant with EU laws and regulations and respecting the highest security standards, which will unlock the potential of data and enable European companies to create value through data exchange. Dawex will create a new, innovative market, and contribute to the EU’s goal of “making the EU’s single market fit for the digital age
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 data exchange
- social sciences economics and business business and management commerce
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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-2 - SME instrument phase 2
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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.
69001 LYON
France
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.