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DEMS

Data Excellence Management System

Total Cost €

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EC-Contrib. €

0

Partnership

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 DEMS project word cloud

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

dems    painstaking    data    excellence    intelligence    etl    self    market    enterprises    machine    groundbreaking    code    place    solution    community    grow    connected    organization    commercialize    preparing    social    supporting    sphere    nixus    rules    decisions    billion    evolve    uses    started    geneva    cagr    reports    valuable    80    compares    trusted    initial    public    extracting    18    failed    discovery    always    sectors    predicted    business    extra    aggregated    sharing    finance    models    time    internal    artificial    language    2007    manufacturing    founded    bi    root    informed    transport    21    calculates    prototype    dashboards    leaders    spend    translates    showing    easily    performance    found    reported    human    evolution    accelerate    generates    confidence    customers    scientists    forecast    counts    platform    transactions    2017    asset    keep    global    automatically    extracts    core    tools    network    position   

Project "DEMS" data sheet

The following table provides information about the project.

Coordinator
GLOBAL DATA EXCELLENCE SA 

Organization address
address: CHEMIN DU PRE-FLEURI 3
city: PLAN-LES-OUATES
postcode: 1228
website: n.a.

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 Switzerland [CH]
 Project website https://www.globaldataexcellence.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-08-01   to  2018-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    GLOBAL DATA EXCELLENCE SA CH (PLAN-LES-OUATES) coordinator 50˙000.00

Map

 Project objective

Data is a crucial asset to every organization; for supporting internal processes and for showing the way to new business models. In order to support informed business decisions making, data is aggregated from operational systems in painstaking ETL processes that deliver information to BI tools. Those processes are becoming so complex that they cause of confidence in reported and predicted information. Not only the initial cost of an ETL/BI solution is very high but data scientists spend 80% of their time preparing and managing data rather than extracting valuable information of it. Our groundbreaking solution, DEMS, uses Artificial Intelligence to translates human language business rules to machine code which extracts the data, calculates the measurements, compares them to the target and automatically generates reports and dashboards. DEMS measurements are always connected directly to operational transactions so they are trusted and root cause of failed performance can be easily found. We started developing DEMS in 2007 and since then it has evolved to a fully production solution. Our core aim is to commercialize DEMS-NiXuS, an evolution of DEMS in three aspects of data, community and business rules. It will include a Data Sharing Sphere – enabling extra-organization data sharing; the platform will evolve to become the “social network” for enterprises and will enable self-discovery of rules from data. The prototype is already in place. The BI global market is forecast to reach $18.3 billion in 2017 and grow at a high CAGR of 21%. Founded in 2007, Global Data Excellence is based in Geneva and counts more than 30 major customers in the manufacturing, finance, transport and public sectors. EU funding will help us accelerate the development and ensure that we keep our position as technology leaders in the market.

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

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