Eviden and Athumi Revolutionize Data Monetization with Groundbreaking Clearing House Solution

Eviden and Athumi Revolutionize Data Monetization with Groundbreaking Clearing House Solution

(IN BRIEF) Eviden, a digital, cloud, big data, and security leader within the Atos Group, partners with Athumi, a data utility company, to integrate Eviden’s innovative ‘clearing house as-a-service’ solution. This groundbreaking implementation facilitates trust management, authorization, contract management, and seamless monetization of value streams across Athumi’s data platforms. The solution, a world-first in the data monetization market, simplifies financial transactions, automates payment processes, and enhances operational efficiency, positioning Athumi to drive greater customer satisfaction and unlock sustainable revenue streams in the burgeoning Flemish data economy. With a six-month project turnaround, Eviden’s cutting-edge solution underscores its commitment to advancing data sharing initiatives and supporting the European data strategy.

(PRESS RELEASE) PARIS, 27-May-2024 — /EuropaWire/ — Eviden, the Atos Group business leading in digital, cloud, big data and security today announces that it has been selected by data utility company Athumi to integrate Eviden’s ‘clearing house as-a-service’ solution to facilitate trust management, authorization, contract management and seamless monetization of value streams across the company’s data platforms. Eviden’s solution will enable Athumi to simplify and streamline the money and invoice streams in its real estate data platform by bundling financial transactions into a single payment and invoice scheme. This will make it possible to automatically collect and check outstanding debits, and ultimately improve overall operational efficiency and thereby enhance customer satisfaction.

Eviden’s ‘clearing house as-a-service’ solution is the only solution of its kind available in the data monetization market today. Thus, this implementation is a world first in this field.

Adding value on top of data flows

Data sharing initiatives and data spaces are key in the European data strategy and enforced by legal regulations such as the Data Governance Act and the Data Act. To support a sustainable business model, Athumi’s clients need to be able “monetize” their data flows and thus Athumi implements a distribution model in which stakeholders in the data flow can receive a return on their contribution. The clearing house is a key building block that enables Athumi’s clients to realise a value-add on top of their data flow.

A six-month project

To increase further adoption and growth of the clearing house, the biggest challenge for Athumi was to find alignment within the broader dataspace community and future specification for clearing houses in IDSA (International Data Spaces Association) and Gaia-X standards. The solution, implemented by Eviden in just 6 months, enables equitable distribution of funds among diverse data and value contributors, as well as offering peace of mind by streamlining pay-outs, invoicing, and collections, ensuring a frictionless experience for all involved parties.

Olivier Clabots, Head of Belux at Eviden, Atos Group said: “This implementation of Eviden’s ‘clearing house as-a-service’ solution is a world first in the context of data spaces. We are delighted to provide Athumi with the latest innovations in this field to help them deliver value to their customers. Building on this success, Eviden will also bring this solution to the European level as part of the SIMPL project, which aims to promote common data spaces in Europe.”

Björn De Vidts, acting CEO of Athumi said: “Athumi’s goal is to help companies make more data more usable, and thus stimulate the Flemish data economy. Eviden’s ‘clearing house as-a-service’ solution helps us fulfill our mission with speed and excellence. We are already seeing tangible benefits: simplification of the payment process, automation of the various money flows… In the near future, we are convinced that we will reap further benefits such as greater customer satisfaction, improved overall operational efficiency and the creation of new sustainable revenue streams.”

About Eviden[1]

Eviden is a next-gen technology leader in data-driven, trusted and sustainable digital transformation with a strong portfolio of patented technologies. With worldwide leading positions in advanced computing, security, AI, cloud and digital platforms, it provides deep expertise for all industries in more than 47 countries. Bringing together 47,000 world-class talents, Eviden expands the possibilities of data and technology across the digital continuum, now and for generations to come. Eviden is an Atos Group company with an annual revenue of c. € 5 billion.

About Atos

Atos is a global leader in digital transformation with c. 95,000 employees and annual revenue of c. € 11 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 69 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea), and listed on Euronext Paris.

The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

[1] Eviden business is operated through the following brands: AppCentrica, ATHEA, Cloudamize, Cloudreach, Cryptovision, DataSentics, Edifixio, Energy4U, Engage ESM, Evidian, Forensik, IDEAL GRP, In Fidem, Ipsotek, Maven Wave, Profit4SF, SEC Consult, Visual BI, Worldgrid, X-Perion. Eviden is a registered trademark.

Eviden is a registered trademark. © Eviden SAS, 2024.

Media Contact:

Zohra DALI

Eviden
zohra.dali.external@eviden.com

SOURCE: Eviden