Big data needs big solutions. Dealing with data sets that are too large to handle is a challenge for many scientific and industrial fields. To find a solution, the EU-funded PLATON project will bring together a highly experienced researcher in the field of the theory of concurrent and distributed computing with a hosting group having world-leading expertise on data series management, indexing, and analysis. The aim is to harness the difficulties of large-scale data series processing by realising the data series processing performance and scalability goals. PLATON will exploit, for the first time, the full computational capacity of modern heterogeneous computing platforms to enable highly scalable and fault-tolerant processing of huge collections of data.