Motor Oil Hellas pilot (MOH- Pilot#7) showcases the transformative potential of the FAME federated marketplace and advanced analytics tools in oil refinery operations. This endeavor focuses on assessing the quality of high-frequency data collected from IIoT sensors, enhancing its utility for data-driven decision-making in industrial contexts. At the core of this use case is the … Read more
Overview of Business Process Management (BPM) Business processes represent sequences of tasks structured to achieve specific business goals, such as service delivery or product creation. These processes are often visualized as process models to facilitate understanding and optimization. Business Process Management (BPM) encompasses discovering, modeling, analyzing, and optimizing these processes. Recent advancements in AI and … Read more
One of the key tools which enables data trading and monetization in FAME is the Pricing Advisory Tool (PAT). PAT is a web based tool which provides price recommendations for offering data assets on FAME. The PAT leverages transactional data along with textual data and questionnaire based data associated with data assets in Federated Data … Read more
In today’s ever-changing technological landscape, companies are constantly looking for innovative ways to increase efficiency and minimize costs, and even more nowadays with the advent of artificial intelligence and large language models. However, many businesses, especially small companies, may lack the budget or technical expertise to build custom machine learning or analytics solutions. For such … Read more
On November 20-21, 2024, project partners traveled to Milan, Italy, for FAME’s 6th General Assembly (GA), where project partners convened to share milestones, explore progress, and strategically map out the months ahead. This event, hosted by GFT Technologies, also featured a strategic Hackathon among the project developers to further advance key components of the FAME … Read more