CryptAnalytics | Secure Analytics as Business Services

Summary
Big data and data lakes are gold mines for data scientists with tons of applications to finance, medicine, economics, etc. But most of these data are quite sensitive and cannot be widely distributed or even just used without strong protection. One is thus facing the huge dilemma of having to make the choice between highly valuable analytics and privacy. The ERC CryptoCloud project has designed several primitives perfectly well-suited to such situations. They are quite powerful but also highly technical for appropriate deployment at scale. The European start-up Cosmian has been interested in our tools, and we have already started a fruitful collaboration. The main goal of this CryptAnalytics project is to develop a unified platform that will allow dealing with many situations, for secure analytics as business services. This will accelerate the development of Cosmian, giving a major competitive advantage on the fast emerging market of data analytics, with strong privacy guarantees by design. Companies are realizing the incredible value of privacy-preserving analytics. As a result, the number of business use-cases is exploding, but each application is a new challenge in itself, with new kinds of evaluations, new privacy concerns, and different amounts of data.
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More information & hyperlinks
Web resources: https://cordis.europa.eu/project/id/966570
Start date: 01-04-2021
End date: 30-09-2022
Total budget - Public funding: - 150 000,00 Euro
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Original description

Big data and data lakes are gold mines for data scientists with tons of applications to finance, medicine, economics, etc. But most of these data are quite sensitive and cannot be widely distributed or even just used without strong protection. One is thus facing the huge dilemma of having to make the choice between highly valuable analytics and privacy. The ERC CryptoCloud project has designed several primitives perfectly well-suited to such situations. They are quite powerful but also highly technical for appropriate deployment at scale. The European start-up Cosmian has been interested in our tools, and we have already started a fruitful collaboration. The main goal of this CryptAnalytics project is to develop a unified platform that will allow dealing with many situations, for secure analytics as business services. This will accelerate the development of Cosmian, giving a major competitive advantage on the fast emerging market of data analytics, with strong privacy guarantees by design. Companies are realizing the incredible value of privacy-preserving analytics. As a result, the number of business use-cases is exploding, but each application is a new challenge in itself, with new kinds of evaluations, new privacy concerns, and different amounts of data.

Status

CLOSED

Call topic

ERC-2020-POC

Update Date

27-04-2024
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Horizon 2020
H2020-EU.1. EXCELLENT SCIENCE
H2020-EU.1.1. EXCELLENT SCIENCE - European Research Council (ERC)
ERC-2020
ERC-2020-PoC