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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.

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

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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