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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.

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

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

Leaflet | Map data © OpenStreetMap contributors, CC-BY-SA, Imagery © Mapbox

 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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