Project description
Software for more accessible location data
Advanced analytics and machine learning (ML) represent a new challenge for companies in business decision-making. While different software products focus on different types of data, the field of analysis of location data remains underdeveloped. In market analysis, it is essential to understand where and why phenomena occur. As such, a spatial analysis platform and location data are required. However, technology and data have been produced and distributed by different organisations, making ML application difficult for users. The EU-funded NextGen.DO project will develop a new model that will significantly restrict the time needed for spatial analysis and render it more accessible to users. The project will shift location intelligence access and support the growth of geomarketing penetration.
Objective
Advanced analytics and Machine Learning are disrupting the way organizations make business decisions. There are many different software products that focus on analysing images, videos, language and many more types of data. But one area that is still not developed is the analysis of location data, where things happen and why they happen there.
To do market analysis, site selection and overall understand why things happen somewhere, you need a Spatial Analytics Platform and Location Data. Traditionally, the technology and the data have been produced and distributed by different organizations, making it hard for users to use them and especially hard for applying Machine Learning on them.
With NextGen.DO GEO will develop a new paradigm of Location Data Marketplace connected to analytics technology that will reduce dramatically the time taken for spatial analysis and make it way more accessible. This requires harmonizing data from many providers using Machine Learning and building a common Index. We are looking at reducing the time it takes for a user to make use of a location dataset from 1 month to hours. With NextGen.DO GEO will change the way location data is access, paid and used, and will result in substantial growth of GEO market penetration.
GEO ambition is to become the world’s leading Location Intelligence platform, empowering organizations, with the help of third-party data streams and spatial analysis, to turn their location data into business outcomes. Our strategy is to create software and data products that will make Location Intelligence more widely accessible to every organization. With NextGen.DO analysts, developers, and data scientists are equipped with the tools, APIs, and libraries needed to build Location Intelligence applications that can help businesses to make investment decisions, streamline operations, reduce costs, and much more.
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
- natural sciences computer and information sciences software
- natural sciences computer and information sciences artificial intelligence machine learning
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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-2b - SME Instrument (grant only and blended finance)
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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.
41012 Sevilla
Spain
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.