The European Big Data Value Forum 2023 took place from the 25th to the 27th of October 2023 in Valencia, Spain. The event, organised by the Big Data Value Association (BDVA), brings together industry professionals, business developers, researchers and policy-makers from all over Europe and other regions of the world to advance policy actions, and industrial and research activities in the areas of Data and AI.
DATAMITE could not miss the forum and was present during the three days with a booth. This allowed the members of the consortium who attended the event to promote DATAMITE, meet other European projects focused on Big Data and exchange ideas with the experts working on them. “We, DATAMITE, are very happy to be here, to be connected with all the European big data community. We are taking advantage of our presence here to discuss with sister projects and with other colleagues”, highlighted Santiago Cáceres, DATAMITE Project Coordinator.
In addition to the presence in the exhibition room, DATAMITE co-organised together with its Sister Projects PISTIS, UPCAST and FAME, the session “Technologies enabling the data economy”. The session explored the pivotal role of AI, Data Trading, and Interoperability in shaping the future of the data economy. The esteemed panel of experts delved into the technologies, solutions, and frameworks driving data markets, monetization, exchange, and interoperability. The discussion was divided into two rounds, each featuring four expert speakers.
The first round, called “Innovations in Data Trading, Monetisation and Exchange”, focused on the technological advancements, solutions, and implications for data trading, monetization, and exchange. A representative from each project explained to the session attendees the differentiating element of their project, and then answered questions from the moderator, Richard Lloyd Stevens, Associate Vice President at IDC. “Data is already the core product of many companies. The most conservative estimates say that by 2030 data Will generate around 800 billion”, pointed out Richard Lloyd Stevens.
Liliana Beltrán, Project Manager at ITI – Instituto Tecnológico de Informática, was in charge of representing DATAMITE and sharing DATAMITE’s vision for the future of the Data Economy and the paramount importance of robust use cases. “High-quality data is a fundamental aspect of successful data monetization”.
The second round of the session, “Promoting Interoperability for a Flourishing Data Economy”, delved into the critical aspect of interoperability and its significance in promoting a robust data economy. It was moderated by Jordi Arjona Aroca, from ITI and DATAMITE Technical Coordinator. “We definitely expect to be here next year to show more results and keep on with the discussions we have started this year”, concluded Santiago Cáceres, the DATAMITE coordinator.
You can read the full presentation of both parts of the session here.
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The EBDVF 2023 is organised by the Big Data Value Association (BDVA), in collaboration with INCLIVA VLC (Biomedical Research Institute), ITI (Investigate to Innovate), Polytechnic University of Madrid (Universidad Politécnica de Madrid), Polytechnic University of Valencia (Universitat Politècnica de València) and the European Commission (DG CNECT). It has been granted with the Spanish Presidency Auspice.