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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.

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

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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