(7 February 2014) The European Commission has awarded GBP6m to archiving and digital preservation specialists to create E-ARK, a revolutionary method of archiving data that is set to become the gold standard across Europe. The system will ensure that current digital archives, including ‘big data,’ are future-proofed. (Big data is data sets of such a size that it is difficult to manage with traditional software and databases.)
See also:
http://ec.europa.eu/digital-agenda/en/news/e-ark-project-gets-%C2%A36m-save-digital-data