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Advanced Big Data Value Chain for Public Safety and Personal Security

Advanced Big Data Value Chain for Public Safety and Personal Security

Objective

AEGIS, brings together the data, the network & the technologies to create a curated, semantically enhanced, interlinked & multilingual repository for public & personal safety-related big data. It delivers a data-driven innovation that expands over multiple business sectors & takes into consideration structured, unstructured & multilingual datasets, rejuvenates existing models and facilitates organisations in the Public Safety & Personal Security linked sectors to provide better & personalised services to their users. AEGIS will introduce new business models through the breed of an open ecosystem of innovation & data sharing principles. From the technology perspective, AEGIS targets to revolutionise semantic technologies in big data, big data analytics & visualisations as well as security & privacy frameworks by addressing current challenges & requirements of cross-domain & multilingual applications. The main benefits derived from AEGIS to data identification, collection, harmonisation, storage & utilisation towards value generation for these sectors will be: Unified representation of knowledge; Accelerated, more effective & value-packed cycles of intelligence extraction & of services & applications development; Introduction of novel business models for the data sharing economy & establishment of AEGIS as a prominent big data hub, utilising cryptocurrency algorithms to validate transactions & handle effectively IPRs, data quality & data privacy issues though a business brokerage framework. Based on an early market analysis, the Total Addressable Market of AEGIS is up to $31bn (€27.1bn); AEGIS is able not only to capture a portion of the market size, but also to expand the pie through creating additional uncaptured value based on small data integration in typical big data repositories & algorithms. Based on the same analysis, the project will break even & will be viable from its launch (2020) & will have a ROI investment of EU-commission in the first years.

Coordinator

FRAUNHOFER GESELLSCHAFT ZUR FOERDERUNG DER ANGEWANDTEN FORSCHUNG E.V.

Address

Hansastrasse 27c
80686 Munchen

Germany

Activity type

Higher or Secondary Education Establishments

EU Contribution

€ 530 434,39

Participants (10)

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GFT ITALIA SRL

Italy

EU Contribution

€ 345 680,30

KUNGLIGA TEKNISKA HOEGSKOLAN

Sweden

EU Contribution

€ 330 650

UBITECH LIMITED

Cyprus

EU Contribution

€ 317 205

Kompetenzzentrum - Das Virtuelle Fahrzeug, Forschungsgesellschaft mbH

Austria

EU Contribution

€ 332 150

NATIONAL TECHNICAL UNIVERSITY OF ATHENS - NTUA

Greece

EU Contribution

€ 378 759,06

ECOLE POLYTECHNIQUE FEDERALE DE LAUSANNE

Switzerland

SUITE5 LTD

United Kingdom

EU Contribution

€ 253 505

HYPERTECH (CHAIPERTEK) ANONYMOS VIOMICHANIKI EMPORIKI ETAIREIA PLIROFORIKIS KAI NEON TECHNOLOGION

Greece

EU Contribution

€ 10 538,47

HDI Assicurazioni S.p.A.

Italy

EU Contribution

€ 226 205

ANONYMOS ETAIREIA KATASKEVON-TECHNIKON ERGON, EMPORIKON, VIOMICHANIKONKAI NAUTILIAKON EPICHEIRISEON KON'KAT

Greece

EU Contribution

€ 274 072,78

Project information

Grant agreement ID: 732189

Status

Ongoing project

  • Start date

    1 January 2017

  • End date

    30 June 2019

Funded under:

H2020-EU.2.1.1.

  • Overall budget:

    € 3 927 599,95

  • EU contribution

    € 2 999 200

Coordinated by:

FRAUNHOFER GESELLSCHAFT ZUR FOERDERUNG DER ANGEWANDTEN FORSCHUNG E.V.

Germany