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INNOVATION
Synthetic financial data platform
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Market Maturity: Exploring
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Market Creation Potential
This innovation was assessed by the JRC’s Market Creation Potential indicator framework as addressing the needs of existing markets and existing customers. Learn more
Women-led innovation
A woman had a leadership role in developing this innovation in at least one of the Key Innovator organisations listed below.
Location of Key Innovators developing this innovation
Key Innovators
UN Sustainable Development Goals(SDG)
This innovation contributes to the following SDG(s)
SUSTAINABLE DEVELOPMENT GOAL 12
Ensure sustainable consumption and production patterns

The UN explains: "Sustainable consumption and production is about promoting resource and energy efficiency, sustainable infrastructure, and providing access to basic services, green and decent jobs and a better quality of life for all. Its implementation helps to achieve overall development plans, reduce future economic, environmental and social costs, strengthen economic competitiveness and reduce poverty.

The EU-funded Research Project
This innovation was developed under the Horizon Europe project Graph-Massivizer with an end date of 31/12/2025
  • Read more about this project on CORDIS
Description of Project Graph-Massivizer
Graph-Massivizer researches and develops a high-performance, scalable, and sustainable platform for information processing and reasoning based on the massive graph representation of extreme data. It delivers a toolkit of five open-source software tools and FAIR graph datasets covering the sustainable lifecycle of processing extreme data as massive graphs. The tools focus on holistic usability (from extreme data ingestion and massive graph creation), automated intelligence (through analytics and reasoning), performance modelling, and environmental sustainability tradeoffs, supported by credible data-driven evidence across the computing continuum. The automated operation based on the emerging serverless computing paradigm supports experienced and novice stakeholders from a broad group of large and small organisations to capitalise on extreme data through massive graph programming and processing. Graph Massivizer validates its innovation on four complementary use cases considering their extreme data properties and coverage of the three sustainability pillars (economy, society, and environment): sustainable green finance, global environment protection foresight, green AI for the sustainable automotive industry, and data centre digital twin for exascale computing. Graph Massivizer promises 70% more efficient analytics than AliGraph, and 30% improved energy awareness for ETL storage operations than Amazon Redshift. Furthermore, it aims to demonstrate a possible two-fold improvement in data centre energy efficiency and over 25% lower GHG emissions for basic graph operations. Graph-Massivizer gathers an interdisciplinary group of twelve partners from eight countries, covering four academic universities, two applied research centres, one HPC centre, two SMEs and two large enterprises. It leverages the world-leading roles of European researchers in graph processing and serverless computing and uses leadership-class European infrastructure in the computing continuum.

Innnovation Radar's analysis of this innovation is based on data collected on 12/09/2024.
The unique id of this innovation in the European Commission's IT systems is: 126520