Senstate announces partnership with The Big Data for Smart Society Institute (Gate). The partnership will support the mission of IDSA(The International Data Spaces Association) to push further the ideas of data-centricity and data economy in the world of digitalization of industries and societies.
Gate is focussed on applied research in the fields of Big Data and AI in four strategic application areas – Future Cities, Intelligent Government, Smart Industry and Digital Health. For the short duration since its establishment in 2019, the institute has already achieved numerous impactful results through its Labs and the Gate Platform. In addition, the institute has already built a variety of noticeable partnerships with the industry with the goal for the R&D efforts to become present in real-world business cases.
In 2022, Gate became officially the Bulgarian IDSA Hub Facilitator. As a hub, its purpose is to facilitate IDS technologies adoption acceleration and catalyse future partnerships to grow the ecosystem within the new data economy. You can find more information about the IDSA in the official website of the organization.
“As a startup with first market ready solution released one year ago, only 10 municipalities in Bulgaria as clients and international presence in two countries so far, we already store more than 1.5 billion environmental sampling records on our servers. This trend will increase and we expect tens of billions of records to be processed and stored by our services infrastructure each year with numbers reaching hundreds of billions of records in the following years.
We believe that data should not only be treated as records in the database, but rather a tangible asset. An asset that can be used by the others under some conditions, an asset that can be sold or exchanged in a standardized manner for all participants within the ecosystem.
Our partnership with Gate will strengthen that vision and will allow our customers to get full control over their data and become part of one larger ecosystem where there are much more opportunities.”
Svetoslav Mateev, the CEO of Senstate Technologies stated.