euBusinessGraph (Enabling the European Business Graph for Innovative Data Products and Services) aims to create a platform that integrates, harmonizes and publishes data related to European companies in order to improve company and public sector efficiency and competitiveness.
Six important business cases are identified: detecting company events (e.g. change in management), identifying calls for tenders, integrating company information in CRMs, creating a European companies knowledge base, creating a Norwegian national registry, and facilitating data journalism. The project brings innovation in providing language-independent identifiers, relevant corporate events in various languages, multilingual annotation services, cross-border data coverage, and reduced cost for accessing and reusing data.
Contact: Milena Yankova
Corporate information, including basic company firmographics (e.g., name(s), incorporation data, registered addresses, ownership and related entities), financials (e.g., balance sheets, ratings) as well as contextual data (e.g., cadastral data on corporate properties, geo data, data about directors and shareholders, public tenders data, press mentions) are the foundation that many data value chains are built on. Furthermore, this type of information contributes to the transparency and accountability of enterprises, is instrumental input to the process of marketing and sales, and plays a key role in many business interactions.
Existing initiatives to increase the interoperability and access of corporate data are mostly fragmented (across borders), limited in scope and size, and silo-ed within specific business communities with limited accessibility from outside their originating sectors and countries. As a result, collecting and aggregating data about a business entity from several public sources (be it private/public, official or non-official ones), and especially across country borders and languages is a tedious, time consuming, error prone, and very expensive operation which renders many potential business models non-feasible.
euBusinessGraph represents a key initiative to simplify and disrupt the cross-border and cross-lingual collection, reconciliation, aggregation, and provisioning and analytics of company-related data from authoritative and non-authoritative public or private sector sources, with the aim of enabling cross-sectorial innovation. By a combination of large companies, SMEs, public organizations, and technology transfer providers, euBusinessGraph sets the foundations of a European cross-border and cross-lingual “business graph”, aggregating, linking, and provisioning (open and non-open) high-quality company-related data, demonstrating innovation across sectors where company-related data value chains are relevant.
Ontotext has a key role in developing, running and hosting the euBusinessGraph Marketplace and Services. These services are based on S4, Ontotext’s cloud-based semantic software platform. This includes the following tasks:
Ontotext also participates in ontology engineering and semantic data modeling, leveraging its expertise with large organization databases such as Global Legal Entity Identifier and Dun & Bradstreet. This includes the following:
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 732003.