Big Data technologies in the Community of Madrid
Backed by public policies and a valuable state-of-the-art data centre infrastructure,
the Big Data ecosystem of the Community of Madrid is based on technological
excellence, entrepreneurship and the concentration of qualified talent.
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Madrid, the most attractive Big Data ecosystem in Southern Europe
The presence of large technology companies, such as Amazon with its Amazon Web Services (AWS) cloud infrastructure, has a special impact on the Big Data ecosystem. The Madrid Big Data Cluster, with the support of the Madrid City Council, brings together large corporations such as Telefónica and Banco Santander as well as innovative startups to boost innovation, collaboration and talent development. Its activities include the organisation of events in spaces such as the Madrid Innovation Lab (MIL) or La Nave that address topics such as data generated by the human brain, artificial intelligence, neurotechnologies, image processing, quantum computing and sustainable mobility. It is also worth mentioning Indesia, the Association to promote the use of Data and Artificial Intelligence in Spanish industry
The Community of Madrid has a state-of-the-art data centre infrastructure, with 35 operational data centres and 11 under construction, more than half of the installed capacity in Spain and sixth place in Europe after London, Amsterdam, Paris, Frankfurt and Dublin.
Innovation, technological excellence and concentration of skilled Big Data talent
TIn the academic and research field, practically all universities in Madrid offer Big Data programs. For example, the Technical University of Madrid (UPM), the Autonoma University (UAM) and the Carlos III University (UC3M) have specialized master's programs and initiatives such as the UAM-Institute of Knowledge Engineering or the UC3M-Santander Big Data Institute, which conducts research focused on the development of new procedures and tools, projects with companies, Master's studies and specialized courses & in-company training.
Public Action in an environment conducive to collaboration
The Regional Government has implemented policies to facilitate access to valuable information for research and development of innovative solutions. The “Datos Abiertos” Portal of the Community of Madrid offers access to data in areas such as transport (data from the municipal transport company), environment (air quality data) and health (epidemiological data). The Madrid City Council also offers its data at the municipal level through "Madrid Datos Abiertos".
The Community of Madrid has invested in health data analysis platforms, which will allow SERMAS (Madrid Health Service) professionals to make decisions in real time. Another application of Big Data and Artificial Intelligence is the prevention of early school leaving to improve educational outcomes. A new cyber defence system whose technological core is in Big Data technologies for municipalities with less than 20,000 inhabitants underlines the importance of guaranteeing information security and protecting public administrations from growing cyber threats.
Finally, the European Digital Innovation Hub Madrid Region (EDIH) coordinated by the madri+d Foundation has more than 11 partners that facilitate digitalisation in the public sector and SMEs in the Community of Madrid in four areas: industry, mobility, public sector and service sector.
A consolidated startup ecosystem
Madrid is home to 205 Big Data Companies founded in recent years occupying the 5th position in Europe after London, Paris, Berlin and Amsterdam. These companies have created more than 10,800 jobs and have raised more than €1.2b.
After London, Paris and Amsterdam, Madrid is the fourth European hub chosen by European startups to internationalise their activity.
By Big Data startup sectors, business software (29% of companies), fintech (11%) – especially financial management solutions – marketing – especially marketing analytics – (10%), and health – especially health platforms and medical devices – (8%) stand out. By revenue model and income stream, Saas and subscription stand out (84% and 61%, resp.), followed by the commision income stream (36%)
Stratio, Trucksters, Onum, Savana, Sensia, Wiyo and Idoven are some of the prominent Big Data Tech Companies in Madrid that have closed significant investment rounds in recent years.
Big Data Startups in Madrid
Nr of Tech Companies
205(5th of European Hubs)
Prominent Big Data Agents in Madrid
Big Data events in Madrid
Big Data Cluster Madrid The Big Data Cluster Madrid regularly organizes workshops and workshops on specific topics related to Big Data, in collaboration with various companies and organizations.
South Summit Global innovation forum, with the presence of actors in multiple technologies such as Big Data.
Definition of Big Data
Big Data involves the management and analysis of massive and complex data sets, which surpass the limitations of conventional processing tools. Its value lies in the ability to extract valuable information and uncover hidden patterns, which enables agile and informed decision-making in various fields. Industries such as finance, healthcare, logistics, and marketing benefit greatly from these technologies, which allow them to optimize operations, personalize services, and anticipate trends. The growing adoption of Big Data by companies translates into greater innovation, efficiency and the obtaining of competitive advantages.
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