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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.

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

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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