The period of data accumulation is not profitable anymore. The paradigm has now shifted to the capacity of companies to monetize data. This is connected to the trust and quality features of the data they use, either self-generated or acquired.

The DATAMITE project understands the precise nature of existing barriers and develops a simple but impactful technical framework that enables European enterprises and public administrations to overcome existing challenges and facilitate the monetization of their data. The core target consists of helping users to better monetize, govern and enhance trust in their data by developing a set of key modules: Data Governance, Quality, Security, Sharing & Supporting Tools.

DATAMITE delivers a modular, open-source and multi-domain Framework, to improve DATA Monetizing, Interoperability, Trading and Exchange, in the form of software modules, training and business materials for European companies, empowering them to become new relevant players in the data economy.

DATAMITE unleashes the monetization potential at two levels: internal and external. At an internal level, users obtain the tools to improve the quality management of their data, enhance the adherence to FAIR (Findable, Accessible, Interoperable, Reusable) principles, and to upskill on technical and business aspects. Therefore, data becomes trustable, which reduces the data-decision gap, making it more reliable also in other paradigms like AI.

At an external level, keeping users in control of their data provides new sources of revenue and interaction with other stakeholders, e.g., in ecosystems like the International Data Spaces (IDS), data markets or the European Open Science Cloud (EOSC). In addition, the architecture envisioned for DATAMITE enables DIHs sandboxing, becoming a potential instructor on their onboarding of SMEs and low-tech SMEs into the data economy. Together, DATAMITE’s solutions function as a catalyst to boost data monetization in the European productive fabric.

For further information please go to: https://datamite-horizon.eu/  

Project duration

01/2023 – 12/2025

Project coordination

• Instituto Tecnológico de Informática

Project partners

• INSTITUTO TECNOLOGICO DE INFORMATICA
• UNIVERSITAT POLITECNICA DE VALENCIA
• FRAUNHOFER GESELLSCHAFT ZUR FORDERUNG DER ANGEWANDTEN FORSCHUNG EV
• UNIVERSITAET KOBLENZ-LANDAU
• FORSCHUNGSINSTITUT FUER RATIONALISIERUNG
• ENGIE
• UNIVERSITY COLLEGE CORK - NATIONAL UNIVERSITY OF IRELAND, CORK
• FUNDACION TECNALIA RESEARCH & INNOVATION
• ETHNIKO KENTRO EREVNAS KAI TECHNOLOGIKIS
• INSTITUTE OF COMMUNICATION AND COMPUTER SYSTEMS
• INSTYTUT CHEMII BIOORGANICZNEJ POLSKIEJ AKADEMII NAUK
• ORGANISMOS TILEPIKOINONION TIS ELLADOS OTE AE
• STICHTING EGI
• MTU AUSTRALO ALPHA LAB
• INTERNATIONAL DATA SPACES EV
• PRAVO I INTERNET FOUNDATION
• Dyad Labs Ltd
• DIACHEIRISTIS ELLINIKOU DIKTYOU DIANOMIS ELEKTRIKIS ENERGEIAS AE
• IDFS SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA
• GIMENO DIGITAL TECHNOLOGIES SOCIEDAD LIMITADA
• ECLIPSE FOUNDATION EUROPE GMBH
• ZENTRUM FUR SOZIALE INNOVATION GMBH
• GLOBAZ, S.A.
• WIELKOPOLSKI OSRODEK DORADZTWA ROLNICZEGO W POZNANIU
• DIN DEUTSCHES INSTITUT FUER NORMUNG EV
• CINECA CONSORZIO INTERUNIVERSITARIO
• 1001 LAKES OY

Project funding

Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the European Commission. Neither the European Union nor the granting authority can be held responsible for them.