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DEMS-Nixus SIGNED

Creating a new paradigm of business value creation by fostering collaboration and data sharing while minimising the cost of business transformation

Total Cost €

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EC-Contrib. €

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Partnership

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 DEMS-Nixus project word cloud

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

immediately    interoperability    operates    months    longer    organisational    act    sales    client    isolated    direct    transformation    fast    insights    pricing    drastically    accelerates    depends    rules    dems    complete    platform    jobs    markets    nixus    environment    natural    strategies    intelligence    volumes    license    business    expansion    organisation    framework    generating    language    days    optional    profit    multiple    creation    model    excellence    return    global    digital    data    speed    planning    afterwards    initial    yearly    sell    governance    basic    sources    tools    services    automated    start    deployment    competitive    companies    minimising    b2b    transparency    period    canada    records    net    customised    cross    market    additional    adopters    gut    create    cleansing    instead    clients    sharing    software    programming    domains    keep    feel    company    packages    total    managers    integrate    lack    brings    gde    effort    fee    11    innovation    80    shown    disparate    solution    saas    time    changing    19    decisions    integration    96    ones    fragmentation    first   

Project "DEMS-Nixus" 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]
 Total cost 2˙863˙500 €
 EC max contribution 2˙004˙450 € (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-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-09-01   to  2021-02-28

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    GLOBAL DATA EXCELLENCE SA CH (PLAN-LES-OUATES) coordinator 2˙004˙450.00

Map

 Project objective

In order to keep competitive, companies need to integrate large volumes of data from multiple disparate sources and return insights immediately. The current approach to the digital transformation is based on fragmentation: isolated and customised tools for different areas of the organisation. In today's complex and fast changing environment, this approach is no longer effective to manage business strategies and objectives due to: 1)lack of integration, 2)lack of interoperability and collaboration, 3)large time-to-value, 4)high costs, and 5) lack of transparency. Managers end up taking gut-feel decisions instead of data-driven ones. Global Data Excellence (GDE) brings DEMS-Nixus, the only complete solution for automated Data Integration, Data Cleansing, Business Intelligence, Data Governance and Data Sharing. The platform is the first end-to-end solution able to process natural language with no deployment or programming effort from the client side. DEMS-Nixus drastically accelerates the speed of business value creation (from 3-6 months to 3 days) minimising the cost of business transformation by 80%. GDE operates on the B2B market through a SaaS model. GDE is planning to sell two initial packages: the DEMS-Nixus basic software and the Data Excellence Framework (optional package with additional services). The pricing model will be completed with a yearly-fee license that depends on the number of 1) defined business rules, 2) unique records, and 3) domains. DEMS-Nixus will be introduced first in the markets where GDE is operating already. Existing clients have shown interest in the new product and will act as early adopters of the technology. Afterwards, DEMS-Nixus will start the expansion to other European markets, US and Canada. DEMS-Nixus represents a real innovation for the cross-organisational data governance, generating €96.3 M in sales in this period, and a total net profit of €11.2 M. Moreover, the company will create 19 new direct jobs during the project.

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

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