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THE REVOLUTIONARY SYSTEM BRINGS ACTIONABLE DATA-SCIENCE INSIGHT TO THE MASSES GRAPHEXT bridges the gap between Data Science and Business Intelligence, democratising Advanced Analytics.

Project description

Advanced, user-friendly data analytics tools for the masses

The data analytics field is changing significantly, making it challenging for organisations to extract useful information from raw data in order to remain competitive and effective. Current tools have either failed to keep up with developments or are designed only for data scientists. To date, there are no tools combining advanced data science methods with user-friendly value-creation results and front ends that could help business analysts and decision makers. The EU-funded GRAPHEXT project intends to radically change the current data science and business intelligence analytics market. To do this, it will combine the full-stack functionalities in one seamless cloud-based software-as-a-service solution. This new approach to data analysis will integrate advanced data science into the mainstream.

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 scientist.

Fields of science (EuroSciVoc)

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

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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.

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 - SME instrument

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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-EIC-SMEInst-2018-2020

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Coordinator

GRAPHEXT LABS SL
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.

€ 1 743 525,00
Address
AVENIDA DE ANDALUCIA 2 3A
18014 Granada
Spain

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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
Sur Andalucía Granada
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.

€ 2 490 750,00
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