5GMETA

Website: https://5gmeta-project.eu/                   Social media:                           Contact:     5GMETA-Contact@5g-ppp.eu

Abstract:

The growing amount of available car data brings new opportunities around the automotive industry. For industry players, the exploitation of car data is strategic to achieve revenue generation, cost reduction and enhancement of safety and security. High-tech Internet giants such as Google, Amazon, Apple or Alibaba which exploit digital platforms with data-driven business models have also targeted the car data and devices ecosystem. OEMs and TIER1 suppliers are under pressure to develop their own data-driven value propositions by leveraging digital ecosystems and enforcing cooperation to fully influence data-driven business opportunities beyond autonomous driving and connected mobility domains, not only to improve existing processes and functions, but also to enable entirely new business models. Extracting value from vehicle data will require new players in the automotive ecosystem.

The huge volumes of data contains 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 data flow subscription and volume consumption.

5GMETA expands 5G network functions to enable data monetization with a secure and private pipeline that manages data computing and service- and geo-clustering

Main Objectives:

The 5GMETA objective is to create a flexible telematics platform for pipelining car captured and generated data to traditional and new automotive industry players while ensuring data privacy, security, interoperability and ownership.

• 5GMETA flatten barriers to create innovative data-based CAM services and applications producing new revenue flows, reducing costs and enforcing safety to application users.
• 5GMETA has a business-driven design with APIs and architecture for fast prototyping, training and operation of new services.
• 5GMETA intends to define a data monetization model compatible with OEMs, TIER1, SMEs and high-tech start-ups, and data licenses to keep users’ control and limit commercial and geographical use.
• 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.

List of Participants