Big Data Opportunities for Companies

Enterprise Ireland has launched a call to identify potential Innovation Partnership projects in the Big Data space.  At this stage they are seeking Expressions of Interest from companies and have contacted IRDG to share this call with our members and wider network.  

Data is the raw material for our information age. Companies across many sectors are looking at Big Data – from financial services to fighting cancer, from telecommunications to traffic congestion, from entertainment to energy supply and from media to manufacturing.

It is estimated that data collected and generated by companies and governments is growing by approximately 40% per year. Global companies that smartly leverage this data have created significant value; estimates suggest 4% higher productivity, 6% higher profitability, and up to 50% greater market share.

Big Data – A Government Priority

The Irish Government’s Action Plan for Jobs 2013 has identified “Big Data” as one of the areas where Ireland has distinct advantages compared to other countries. The Government believes our skills base and research capability in ICT has the potential to reap substantial benefits in terms of jobs and growth from the global expansion of the “Big Data” sector.

Big Data – Research Capability in Ireland
Ireland has been and continues to invest heavily in research capability that services Big Data needs. Just some examples the research capabilities include:

  • The INSIGHT Centre – The National Centre for Data Analytics
  • CeADAR – Centre for Applied Data Analytics Research
  • ICHEC – The Irish Centre for High-End Computing
  • TSSG – Telecommunications Software & Systems Group (TSSG)
  • DERI – Digital Enterprise Research Institute

Big Data – Collaboration supported with Innovation Partnership Funding
Enterprise Ireland’s Innovation Partnership Programme can provide up to 80% of the cost of a research project, to work with the research groups named above and others in Irish research institutions, on a Big Data project defined by your company, to help your company. Projects funded through this call could serve as examples of the potential of this technology area and encourage further collaborations.

Big Data – Next Steps for your company
To discuss how a Big Data project could transform you business, please complete the Big Data Call for Expression of Interest. Closing date for Expression of Interest by companies is Friday 27th September, 2013.


Contact

Declan McGee
Programme Manager
Innovation Partnership Programme
Enterprise Ireland
Tel. +353 1 727 2668

 

(Source Enterprise Ireland)

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