The Data4Impact project focuses on utilizing big data to assess the impact of research and innovation (R&I) in health and societal contexts, emphasizing improved monitoring and new indicators for evaluating performance. Key objectives include defining innovative indicators, aggregating data across various levels, and developing user-centered tools to derive insights without directly querying beneficiaries. The project encompasses a two-year duration with significant efforts in data integration and machine learning, targeting over 40 health funders across Europe.