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Monetizing car & mobility data for new Entrants, Technologies and Actors

Project description

Cars are data centres on wheels

Today’s semi-autonomous vehicles are rolling off assembly lines equipped with hardware, software and machine learning systems, as well as cameras and ultrasonic sensors. In addition to ensuring a safer ride, these cars also generate a lot of data. The EU-funded 5GMETA project is developing an open platform to leverage car-captured data to stimulate and facilitate innovative products and services. It will empower the automotive ecosystem, from industry players to new entrants such as small and medium-sized enterprises and high-tech start-ups. Granting access to data from relevant geographical regions, the project will create new opportunities and business models from valuable services where data liability and billing will rely on an accountability dashboard of data-flow subscription and volume consumption.

Objective

Cars capture and generate huge volumes of data in real-time about the driving dynamics, the environment, and the driver and passengers’ activities. With greater proliferation of connected and automated mobility applications, the value of data from vehicles is getting strategic not just for the automotive industry but in a wider scope, and not limited to the onboard systems and services.

5GMETA open platform aims to leverage car-captured data to stimulate, facilitate and feed with them innovative products and services. The result of 5GMETA will empower the automotive ecosystem from industry players to new entrants, such as SMEs and high-tech start-ups granting access to interoperable car-captured data according to data licenses. The access to data coming from relevant geographical regions will catalyse the generation of new opportunities and business models coming from valuable services, where data liability and billing will rely on accountability dashboard of dataflow subscription and volume consumption.

5GMETA expands 5G network functions to enable data monetization with a secure and private pipeline that manages data computing, dataflows according to service subscriptions and geographic queries.

5GMETA will realise representative demonstrators in terms of data heterogeneity, value creation and business models to ensure that third parties and new players’ interests and requirements are considered beyond traditional automotive industries. 5GMETA will focus on technology transfer activities performing different dissemination, tutorials and hackathons to incubators and clusters to capture attention of SMEs and high-tech start-ups with a platform leading to new opportunities in an incoming profitable market.

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.

IA - Innovation action

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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-ICT-2018-20

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Coordinator

FUNDACION CENTRO DE TECNOLOGIAS DE INTERACCION VISUAL Y COMUNICACIONES VICOMTECH
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.

€ 691 975,00
Address
PASEO MIKELETEGI PARQUE TECNOLOGICO DE MIRAMON 57
20009 Donostia San Sebastian
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
Noreste País Vasco Gipuzkoa
Activity type
Research Organisations
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.

€ 691 975,00

Participants (12)

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