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 Information

GRAPHEXT

Grant agreement ID: 872843

DOI

10.3030/872843

Project closed

EC signature date 17 October 2019

Start date 1 November 2019

End date 31 January 2022

Funded under

• INDUSTRIAL LEADERSHIP - Innovation In SMEs

Total cost

€ 2 490 750,00

EU contribution

€ 1 743 525,00

Coordinated by

GRAPHEXT LABS SL
Spain

Periodic Reporting for period 2 - GRAPHEXT (THE REVOLUTIONARY SYSTEM BRINGS ACTIONABLE DATA-SCIENCE INSIGHT TO THE MASSES GRAPHEXT bridges the gap between Data Science and Business Intelligence, democratising Advanced Analytics.)

Reporting period: 2020-11-01 to 2022-01-31

Summary of the context and overall objectives of the project

The volume of data worldwide has been growing and is growing exponentially. Data becomes more complex, deeper and more varied, coming from multiple sources and in structured and unstructured formats. Companies want to adopt data science, but 97% of them are not doing it.
Companies are demanding solutions that are easy to use for non-technical experts, so they could do their analysis one-the-spot, explain their results to their team, and be able to make more accurate decisions based on complex data.

To develop 4 large-scale validation pilots in four different EU countries and sectors (B2B software, consumer goods, consultancy, transportation). 

• To unleash the exponential sales growth thanks to adding value at the beginning of the chain.
• To build a € 10 million company by 2022.
• To accelerate the penetration in vertical markets
(retail + others ...) before competition appears.
• To guarantee talent retention and create more than 100 high-qualified jobs.
• To achieve sales of approximately 110 M€ in 2025

Work performed from the beginning of the project to the end of the period covered by the report and main results achieved so far

A detailed roadmap for Graphext 2020-2021 has been developed.

Progress beyond the state of the art and expected potential impact (including the socio-economic impact and the wider societal implications of the project so far)

GRAPHEXT makes BI & Data Science based decision making accessible to the 90% of the companies, that could not have access, democratising access to data- driven decision making.
At the core of GRAPHEXT product goes beyond the state of art data discovery / exploration interface that makes use stand out from all of competitors in terms of approach. Using a number of advanced techniques such as dimensional reduction to automatically segment data and display patterns and insights based on statistical significance for users without any coding.

Screenshot of the current interface