Research Project: SME e-Compass
The SME E-COMPASS project offers real-time and on-demand web-based applications and services to SME e-commerce providers that they could not afford or do not have the business capacity for ordering customized applications from large IT and software providers.
The SME E-COMPASS consortium proposes to design, develop and validate in SME business environments two real-time proficient applications that fosters online security and promotes e-sales.
- Real-time Anti-fraud “Software-as-a-Service” with the following components: fully-functional web-based platform, a reputation database, a knowledge database (KDB).
- Real-time Data Mining “Software-as-a-Service” powered by: semantic web technologies, linked data, an event processing engine and web-based visualizations and dashboards.
Real-time anti-fraud aims at detecting fraud by analyzing financial transactions. The proposed anti-fraud service scores fraud predicting outcomes using data mining models.
Another key issue to promote e-sales is to have proficient services for real-time churn analysis; this means implementing real-time data mining services dealing with the ability to keep customers before they leave the e-commerce application in order to improve conversion rates and sales.
These services are based on:
- User habits, available products and services, and social reputation.
- Pricing optimization and yield management for perishable resources.
Total Buget: 2.494.712,90 Eur
EC Funding: 1.740.157,75 Eur
Official project number
Status and date of completion
Ongoing, 2015/12/31 (24 months)