The Big Data Value ecosystem (See Figure 7) will comprise many new stakeholders. New concepts of data collecting, processing, storing, analysing, handling, visualisation and most importantly the usage will be found and business models created around it. Identifying valid and sustainable business models and
ecosystems around sectors or platforms will be challenging. In particular the many SMEs involved in specific, if not niche, roles will need support to align and adapt to the new value chain opportunities.
Dedicated projects for investigating and evaluating business models will be connected to the innovation spaces where suppliers and users will meet. Those projects will:
Establish a mapping of technology providers and their value contribution.
Identify mechanisms by which data value is determined and value is established.
Provide a platform for entrepreneurs and financial actors including venture capitalists to identify appropriate levels of value chain understanding.
Describe and validate business models that can be successful and sustainable in the future data-driven economy.
Figure 7
The outcomes of these projects will foster the creation of a more stable business environment that enables business, particularly web entrepreneurs and SMEs, to enter Big Data markets and ecosys
Europe needs to establish strong players in order to make the whole Big Data Value ecosystem, and consequently Europe’s economy, strong, vibrant and valuable. The following
actors along the Big Data Value chain:
User Enterprises, e.g. enterprises in all sectors and of all sizes that want to improve their services and
products using Big Data technology, data products and services.
Data Generators and Providers
various public and non-public sources and offer it to customers.
Technology Providers that provide tools & platforms that offer data management and analytics tools
to extract knowledge from data, curate and visualize it.
Service Providers that develop B
services to user enterprises.
In addition, the following organisations and communities will have an impact on data are building on top of the Big Data Value chain:
Regulatory bodies to define privacy and legacy issues related to data usage.
International/national de jure and de facto standardisation bodies
concepts, systems and solutions for global adoption in international standards.
Collaborative networks where different players in the value chain collaborate to offer value services
to their customers based on data value creation.
Furthermore, the known stakeholders in H2020 along the phases of research, innovation, exploitation, and usage will play one or more roles of the Big Data Value chain:
Industry-Large as providers of technologies and services who can also become users.
Industry-SMEs to provide particular know
Universities that research new algorithms and technologies to be applied in tools & platforms.
Research centres which investigate new algorithms, methodologies and which define new business
cases.
7: Big Data Ecosystem along the Value Chain
The outcomes of these projects will foster the creation of a more stable business environment that enables business, particularly web entrepreneurs and SMEs, to enter Big Data markets and ecosys
Europe needs to establish strong players in order to make the whole Big Data Value ecosystem, and consequently Europe’s economy, strong, vibrant and valuable. The following key stakeholders actors along the Big Data Value chain:
, e.g. enterprises in all sectors and of all sizes that want to improve their services and products using Big Data technology, data products and services.
Data Generators and Providers that create, collect, aggregate, transform and model raw data fr
public sources and offer it to customers.
that provide tools & platforms that offer data management and analytics tools to extract knowledge from data, curate and visualize it.
that develop Big Data applications on top of the tools and platforms to provide
In addition, the following organisations and communities will have an impact on data are building on top of the Big Data Value chain:
to define privacy and legacy issues related to data usage.
International/national de jure and de facto standardisation bodies in order to promote new
concepts, systems and solutions for global adoption in international standards.
where different players in the value chain collaborate to offer value services to their customers based on data value creation.
Furthermore, the known stakeholders in H2020 along the phases of research, innovation, exploitation, and play one or more roles of the Big Data Value chain:
as providers of technologies and services who can also become users. to provide particular know-how and innovative solutions for specific concepts.
new algorithms and technologies to be applied in tools & platforms.
which investigate new algorithms, methodologies and which define new business The outcomes of these projects will foster the creation of a more stable business environment that enables business, particularly web entrepreneurs and SMEs, to enter Big Data markets and ecosystems.
Europe needs to establish strong players in order to make the whole Big Data Value ecosystem, and
key stakeholders are seen as
, e.g. enterprises in all sectors and of all sizes that want to improve their services and that create, collect, aggregate, transform and model raw data from that provide tools & platforms that offer data management and analytics tools ig Data applications on top of the tools and platforms to provide
In addition, the following organisations and communities will have an impact on data-driven ecosystems that
in order to promote new where different players in the value chain collaborate to offer value services
Furthermore, the known stakeholders in H2020 along the phases of research, innovation, exploitation, and as providers of technologies and services who can also become users.
how and innovative solutions for specific concepts. new algorithms and technologies to be applied in tools & platforms.