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BiggerDecisions

Data-driven decision making for a more efficient society

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

BiggerDecisions project word cloud

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

leads novelty types prospects rapid levels gain plan extract billion lies business create insights alone sharemind regulations sales created revenues negotiations models implementing fundamentally equipped action diffusion commercialization million first efforts marketing companies 2018 distrust governments market global decisions digital confidential thereby privacy regulation supporting restricted private security 2021 trl7 opportunity strategy simplifies impossible protection world decision 94 secrets enforcement foresees customers 2020 optimising customer amount piloting big yielding soon extensive execute approaching explosive last sharing gdp society 90 biggerdecisions seeing list services validated data limitations 120 removed 250 opened requiring productivity truly enhances environment technologies

Project "BiggerDecisions" data sheet

The following table provides information about the project.

Coordinator	CYBERNETICA AS Organization address address: MAEALUSE 2 city: TALLINN postcode: 12618 website: www.cyber.ee 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	Estonia [EE]
Project website	https://sharemind.cyber.ee
Total cost	1˙830˙625 €
EC max contribution	1˙281˙437 € (70%)
Programme	1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)) 2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
Code Call	H2020-SMEINST-2-2016-2017
Funding Scheme	SME-2
Starting year	2017
Duration (year-month-day)	from 2017-09-01 to 2019-03-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	CYBERNETICA AS CYBERNETICA AS Organization address address: MAEALUSE 2 city: TALLINN postcode: 12618 website: www.cyber.ee contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	EE (TALLINN)	coordinator	1˙281˙437.00

Map

Project objective

The rapid diffusion of digital information technologies has created an explosive growth in the amount of digital data. 90% of the world’s data today has been created in the last two years alone. The availability of this data has opened up an opportunity to create significant value on all levels of the society. More extensive use of this data for data-driven decision-making (by companies, governments, researchers) could improve European GDP by more than €120 billion by 2020. However, this opportunity is currently restricted by privacy regulations, distrust and business secrets.

Sharemind is the first technology that truly enables the use of confidential data for data-driven decision-making, and thereby fundamentally enhances the potential value of big data. The novelty of Sharemind lies in its ability to extract useful information from private data without even seeing the data. Sharemind makes new types and more data available for sharing/analysis and simplifies the data analysis process, and thereby enables applications that have been impossible before. Users of Sharemind gain new insights that can be used for making decisions, improving productivity, optimising marketing, developing new products and services and implementing new business models.

Sharemind has been validated in an operational environment with five piloting customers (TRL7). Our go-to-market action plan foresees approaching our existing list of interested prospects as soon as the limitations to Sharemind global scale-up have been removed in the BiggerDecisions project. We have identified 250 customer leads, of which 30 are currently in sales negotiations with us.

One of the main factors supporting our commercialization efforts is the enforcement of General Data Protection Regulation in 2018, requiring a level of data privacy and security that is beyond what most organisations are currently equipped to manage.

We will execute a business strategy yielding over €94 million in revenues in 2021.

Deliverables

List of deliverables.
Sharemind-as-a-Service	Demonstrators, pilots, prototypes	2019-11-26 12:28:33

Take a look to the deliverables list in detail: detailed list of BiggerDecisions deliverables.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "BIGGERDECISIONS" project.

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