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CORDIS

Industrial-Driven Big Data as a Self-Service Solution

Objective

Organizations leverage data pools to drive value, while it is variety, not volume or velocity, which drives big-data investments. The convergence of IoT, cloud, and big data, create new opportunities for self-service analytics towards a completely paradigm towards big data analytics. Human and machine created data is being aggregated, transforming our economy and society. To face these challenges, companies call upon expert analysts and consultants to assist them.
A self-service solution will be transformative for organizations, it will empower their employees with the right knowledge, and give the true decision-makers the insights they need to make the right decisions. It will shift the power balance within an organization, increase efficiency, reduce costs, improve employee empowerment, and increase profitability.

I-BiDaaS aims to empower users to easily utilize and interact with big data technologies, by designing, building, and demonstrating, a unified solution that: significantly increases the speed of data analysis while coping with the rate of data asset growth, and facilitates cross-domain data-flow towards a thriving data-driven EU economy. I-BiDaaS will achieve its goals following a methodical approach. As a first step, it has guaranteed access to real-world industry big data. I-BiDaaS will proceed with breaking intrer- and intra-sectorial data-silos, and support data sharing, exchange, and interoperability. Having done so, it will support methodical big data experimentation by putting in place a safe data processing environment. To foster experimentation, I-BiDaaS will develop data processing tools and techniques applicable in real-world settings. I-BiDaaS will be tangibly validated by three real-world, industry-lead experiments, in the domains of banking, manufacturing, and telecommunications. The I-BiDaaS solution will help increase the efficiency and competitiveness of EU companies.

Fields of science (EuroSciVoc)

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Keywords

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Programme(s)

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Topic(s)

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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.

RIA - Research and 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-2016-2017

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Coordinator

IDRYMA TECHNOLOGIAS KAI EREVNAS
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.

€ 600 000,00
Address
N PLASTIRA STR 100
70 013 IRAKLEIO
Greece

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Region
Νησιά Αιγαίου Κρήτη Ηράκλειο
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.

€ 600 000,00

Participants (13)

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