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BiggerDecisions

Data-driven decision making for a more efficient society

Total Cost €

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EC-Contrib. €

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Partnership

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 BiggerDecisions project word cloud

Explore the words cloud of the BiggerDecisions project. It provides you a very rough idea of what is the project "BiggerDecisions" about.

create    decisions    models    implementing    yielding    action    truly    biggerdecisions    120    private    sharing    rapid    explosive    gain    extract    productivity    regulation    lies    distrust    sales    leads    enhances    impossible    plan    equipped    levels    2018    restricted    90    revenues    validated    data    2020    world    94    marketing    customer    first    soon    removed    protection    companies    enforcement    big    fundamentally    novelty    execute    gdp    secrets    society    prospects    customers    extensive    confidential    alone    diffusion    approaching    global    billion    250    strategy    created    efforts    opened    decision    requiring    negotiations    digital    security    amount    simplifies    supporting    types    2021    technologies    governments    regulations    services    environment    limitations    commercialization    trl7    optimising    business    sharemind    seeing    insights    privacy    thereby    last    market    foresees    piloting    opportunity    list    million   

Project "BiggerDecisions" data sheet

The following table provides information about the project.

Coordinator
CYBERNETICA AS 

Organization address
address: MAEALUSE 2
city: TALLINN
postcode: 12618
website: www.cyber.ee

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Estonia [EE]
 Project website https://sharemind.cyber.ee
 Total cost 1˙830˙625 €
 EC max contribution 1˙281˙437 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-2-2016-2017
 Funding Scheme SME-2
 Starting year 2017
 Duration (year-month-day) from 2017-09-01   to  2019-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    CYBERNETICA AS EE (TALLINN) coordinator 1˙281˙437.00

Map

 Project objective

The rapid diffusion of digital information technologies has created an explosive growth in the amount of digital data. 90% of the world’s data today has been created in the last two years alone. The availability of this data has opened up an opportunity to create significant value on all levels of the society. More extensive use of this data for data-driven decision-making (by companies, governments, researchers) could improve European GDP by more than €120 billion by 2020. However, this opportunity is currently restricted by privacy regulations, distrust and business secrets.

Sharemind is the first technology that truly enables the use of confidential data for data-driven decision-making, and thereby fundamentally enhances the potential value of big data. The novelty of Sharemind lies in its ability to extract useful information from private data without even seeing the data. Sharemind makes new types and more data available for sharing/analysis and simplifies the data analysis process, and thereby enables applications that have been impossible before. Users of Sharemind gain new insights that can be used for making decisions, improving productivity, optimising marketing, developing new products and services and implementing new business models.

Sharemind has been validated in an operational environment with five piloting customers (TRL7). Our go-to-market action plan foresees approaching our existing list of interested prospects as soon as the limitations to Sharemind global scale-up have been removed in the BiggerDecisions project. We have identified 250 customer leads, of which 30 are currently in sales negotiations with us.

One of the main factors supporting our commercialization efforts is the enforcement of General Data Protection Regulation in 2018, requiring a level of data privacy and security that is beyond what most organisations are currently equipped to manage.

We will execute a business strategy yielding over €94 million in revenues in 2021.

 Deliverables

List of deliverables.
Sharemind-as-a-Service Demonstrators, pilots, prototypes 2019-11-26 12:28:33

Take a look to the deliverables list in detail:  detailed list of BiggerDecisions deliverables.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "BIGGERDECISIONS" project.

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The information about "BIGGERDECISIONS" are provided by the European Opendata Portal: CORDIS opendata.

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