DESCRIPTION:
On behalf of Eurostat, we are pleased to announce the final round of the European Statistics Awards for Web Intelligence, focusing on Multinational Enterprise (MNE) Groups Data: Discovery & Extraction Challenges. Running in parallel, these competitions aim to drive innovation, develop new methodologies, and benchmark approaches for processing web content in MNE Group data analysis.
Both competitions are now open for registration and the deadline for registering is 22 April 2025.
By running both challenges in parallel, the European Statistics Awards Programme aims to enhance MNE Group Data analysis by enabling those participants that develop integrated pipelines to benefit from possible synergies, while also allowing specialised teams to fully focus on either of the two challenges.
The competition pursues three key goals:
- driving innovation in web intelligence for statistics,
- benchmarking approaches for discovering financial MNE Group data sources,
- evaluating extraction methods using advanced technologies. This initiative seeks to advance methodologies and improve statistical practices in MNE Group analysis.
Teams (1–5 members) will have the opportunity to apply their Web Intelligence expertise and programming skills (particularly in Python and R) to a real-world use case while competing for substantial prizes.
Prizes for each challenge include:
- Accuracy Award: €10 000 (first place) | €5 000 (2nd place) | €3 000 (3rd place)
- Reusability Award: €10 000 (first place) | €5 000 (2nd place) | €3 000 (3rd place)
- Innovativeness Award: €5 000 (first place) |€3 000 (2nd place) | €1 000 (3rd place)
A team securing first place in all three categories can win up to €25 000 per challenge. By achieving the top prize in both challenges, a team could earn a total of up to €50 000.