Big data value creation by example

Abstract

The Big Data Value contractual Public-Private Partnership between the European Commission and the Big Data Value Association (BDVA) was signed in October 2014. Since then, more than 50 projects and numerous BDVA members have explored how data can drive innovation across the data stack and how industries can transform business practices. Meanwhile, start-ups have been working at the confluence of new sources of data (e.g. IoT, DNA, HD pictures, satellite data) and new or revisited processing paradigms (e.g. Edge computing, blockchain, machine learning) to tackle new use cases and to provide disruptive solutions for known problems. This chapter details a collection of stories showing concrete examples of the value created thanks to a renewed usage of data.