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Dawex Data Marketplace deployment: unlocking European companies’ data value

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

Call for proposal

H2020-SMEInst-2018-2020-2
See other projects for this call

Coordinator

DAWEX SYSTEMS
Address
20 Place Louis Pradel
69001 Lyon
France
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
EU contribution
€ 2 459 338