Towards a thriving data-driven economy - Communication of the European Commission

On the 2nd of July 2014, the European Commission published a communication entitled “Towards a thriving data-driven economy”. This communication outlines that the Big Data Market, which is expected to grow worldwide to USD 16.9 billion in 2015 at an annual rate of 40%, is a great opportunity to create new jobs and growth. However, it also points out that Europe has been slow in embracing this revolution, compared to other competitors like the USA. The communication addresses this challenge by sketching the features of the European data-driven economy of the future and setting out some operational conclusions to support and speed up the transition towards it.

Commission urges governments to embrace potential of Big Data

On the 2nd of July 2014, the European Commission published a press release which urges national governments to embrace the potential of Big Data. 

The main problems identified by the Commission in the field of Big Data are the lack of cross-border coordination, insufficient infrastructure and funding opportunities, a shortage of data experts and related skills, as well as a fragmented and overly complex legal environment. 

NESSI Summit 2014 - Big Data Value and Software Innovation for Europe - held on the 27th May

On the 27th May, Sofitel Hotel in Brussels, more than 80 people participated in interesting discussions about the European software industry, software engineering and “Big Data Value” for Europe. Researchers, policy makers, and industry representatives from Europe were present at the NESSI Summit 2014 and contributed to make the conference a great success with many very interesting presentations and a very good atmosphere for discussion.

After a welcome speech by Jan Sundelin, co-chair of the NESSI Board, and an opening speech by Mario Campolargo, Director of Directorate E "Net Futures" in DG CONNECT, the participants had the opportunity to attend to three enriching panel discussions and exchange with the speakers.

Share your views - Public Consultation on the Big Data Value Strategic Research and Innovation Agenda now open!

The European Technology Platform for Software and Services NESSI, together with partners from the FP7 project Big, have drafted a Strategic Research and Innovation Agenda (SRIA) on Big Data Value. The objective of the SRIA is to describe the main research challenges and needs for advancing Big Data Value in Europe in the next 5 to 10 years. The SRIA will be an important channel for providing input to the European Big Data Value Partnership that aims to establish a Public Private Partnership on Big Data Value.

The Dimensions of Big Data

Today, analysts seek to derive insight from large, heterogeneous, high-velocity (i.e., big) data sets using varying data analysis methods. These data sets are ubiquitous. They arise due to burgeoning cloud computing services, the anticipated Internet of Services (IoS), and the emerging Internet of Things (IoT). Big data is often defined as any data set that cannot be handled using today’s widely available mainstream solutions, techniques, and technologies.

Opening soon: Consultation on the Strategic Research and Innovation Agenda

As announced in the European Data Forum 2014 - in the networking session on 20 March organized by the European Technology Platform NESSI and the FP7 Project Big - a public consultation on the Big Data Value Strategic Research and Innovation Agenda will soon be opened here under the tab "consultation".We are looking forward to hearing your views - stay tuned!

TeraLab: Research Platform in the field of Big Data launched

Inaugurating the TeraLab Platform on 4th February 2014, the Institut Mines-Télécom and Confederation of Schools for Economics and Statistics (GENES) expanded their collaborative research in the field of Big Data. Through the TeraLab initiative, these two institutional partners aim to provide the national research community, and of course businesses, with an environment conducive to research and experimentation focused on innovative applications and industrial prototypes.