ACTIVITY EXCHANGE

Project "ACTIVITY EXCHANGE" data sheet

The following table provides information about the project.

 Partnership

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Map

 Project objective

Activity Stream was established in 2015 in Iceland, to provide AI-enhanced data platforms, developing industry-specific functionalities. Our multidisciplinary and committed team of 28 people counts with over decades worth of experience developing online software solutions. In that way, we have already developed the Activity Stream (AS) platform for big data analysis. Our next milestone is to develop AS Exchange (Ase), a project that goes a mile further to solve the challenges that companies currently face to turn their data into timely actionable insights: 1) Raw data must be processed to have insights and it is a costly process 2) data from disparate sources is stored in siloes with little accessibility 3) such service for a secure information ecosystem currently does not exist in the market. ASe is the most complete data analysis system in the market: combines data integration, operation intelligence and an exchange solution, ensuring the maximum data value, going from raw data to actionable insights that can be shared across the business network. Our platform reduces 80% of the workload of a data analyst. Due to fast and timely actions can improve a 10% sales and 35% costs savings, ASe is a cost-efficient possibility for SMEs. Moreover, ASe is the only B2B solution in the market that provides the necessary trust, security and data ownership control to collaborate or monetize data-driven insights. AS platform has been already sold to some customers within sport and life-entertainment industry. With ASe we will now target new industries such as manufacturers and retail businesses, subject to complex supply chains; in this context, big players such as Nike are already waiting for ASe. With ASe we bring a disruptive approach towards data analysis, taking us and Europe to the world forefront of data analytics, generating sales of near €40M in 3 years and creating 30 new direct jobs.