Information Marketplaces

Information marketplaces will soon represent one of the most important big data use cases. Via these marketplaces, data and information will be provided, refined, annotated, accessed, and thus will result in a complex ecosystem of providers, consumers and complex information products.

The wide access to information and customer-driven data analysis provided by information marketplaces will lead to increased democratization. Only with the availability of information marketplaces will small and medium-sized enterprises be able to profit from big data without having to invest immensely in infrastructures for data analytics. However, the existing technology has reached its limits, mainly due to the heterogeneity of data sets, which is making the analysis increasingly difficult, often even impossible to perform.

The goal of the BBDC is to improve the work with heterogeneous text data streams and video streams which leads to challenges in the areas of video annotation and text analytics.