5GMETA | Monetizing car & mobility data for new Entrants, Technologies and Actors

Summary
Cars capture and generate huge volumes of data in real-time about the driving dynamics, the environment, and the driver and passengers’ activities. With greater proliferation of connected and automated mobility applications, the value of data from vehicles is getting strategic not just for the automotive industry but in a wider scope, and not limited to the onboard systems and services.

5GMETA open platform aims to leverage car-captured data to stimulate, facilitate and feed with them innovative products and services. The result of 5GMETA will empower the automotive ecosystem from industry players to new entrants, such as SMEs and high-tech start-ups granting access to interoperable car-captured data according to data licenses. The access to data coming from relevant geographical regions will catalyse the generation of new opportunities and business models coming from valuable services, where data liability and billing will rely on accountability dashboard of dataflow subscription and volume consumption.

5GMETA expands 5G network functions to enable data monetization with a secure and private pipeline that manages data computing, dataflows according to service subscriptions and geographic queries.

5GMETA will realise representative demonstrators in terms of data heterogeneity, value creation and business models to ensure that third parties and new players’ interests and requirements are considered beyond traditional automotive industries. 5GMETA will focus on technology transfer activities performing different dissemination, tutorials and hackathons to incubators and clusters to capture attention of SMEs and high-tech start-ups with a platform leading to new opportunities in an incoming profitable market.
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More information & hyperlinks
Web resources: https://cordis.europa.eu/project/id/957360
Start date: 01-09-2020
End date: 29-02-2024
Total budget - Public funding: 5 681 345,00 Euro - 4 667 765,00 Euro
Cordis data

Original description

Cars capture and generate huge volumes of data in real-time about the driving dynamics, the environment, and the driver and passengers’ activities. With greater proliferation of connected and automated mobility applications, the value of data from vehicles is getting strategic not just for the automotive industry but in a wider scope, and not limited to the onboard systems and services.

5GMETA open platform aims to leverage car-captured data to stimulate, facilitate and feed with them innovative products and services. The result of 5GMETA will empower the automotive ecosystem from industry players to new entrants, such as SMEs and high-tech start-ups granting access to interoperable car-captured data according to data licenses. The access to data coming from relevant geographical regions will catalyse the generation of new opportunities and business models coming from valuable services, where data liability and billing will rely on accountability dashboard of dataflow subscription and volume consumption.

5GMETA expands 5G network functions to enable data monetization with a secure and private pipeline that manages data computing, dataflows according to service subscriptions and geographic queries.

5GMETA will realise representative demonstrators in terms of data heterogeneity, value creation and business models to ensure that third parties and new players’ interests and requirements are considered beyond traditional automotive industries. 5GMETA will focus on technology transfer activities performing different dissemination, tutorials and hackathons to incubators and clusters to capture attention of SMEs and high-tech start-ups with a platform leading to new opportunities in an incoming profitable market.

Status

SIGNED

Call topic

ICT-42-2020

Update Date

27-10-2022
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