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DEMS

Data Excellence Management System

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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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.

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

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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