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PFMaker

PFMaker, the Advanced Interactive Video Tool

Total Cost €

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EC-Contrib. €

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Partnership

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 PFMaker project word cloud

Explore the words cloud of the PFMaker project. It provides you a very rough idea of what is the project "PFMaker" about.

deeper    interactions    3    ecosystem    171    advertising    pfmaker    people    programs    ad    billion    value    marketers    market    total    time    digital    format    videos    video    minimize    81    playfilm    ipr    shake    team    consuming    startup    click    adds    overcome    creation    stage    reduce    quick    tool    companies    15    content    interactive    barely    pilot    engagement    close    almost    environment    intrusive    graphics    ways    understand    feasibility    ads    unprofitable    dollar    verify    sharing    augmented    accelerators    point    producing    option    risks    international    spending    innovation    3d    contents    entire    create    interrupt    industry    shown    experiences    give    image    engage    92    purpose    online    roll    named    skip    boring    50    67    big    received    accessing    young    interactivity    viewers    tech    investment    bothering    entertainment    consumers    tested    varied    expensive    consist    scores    executive    profitable   

Project "PFMaker" data sheet

The following table provides information about the project.

Coordinator
PLAYFILM SL 

Organization address
address: LUGAR MUELLES SN MARINA REAL JUAN CARLOS I EDIF LANZADERA
city: VALENCIA
postcode: 46024
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Spain [ES]
 Project website http://playfilm.tv/pfmaker
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2014
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-05-01   to  2015-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    PLAYFILM SL ES (VALENCIA) coordinator 50˙000.00

Map

 Project objective

People are accessing, consuming and sharing content in more varied ways than ever, and marketers have scores of new opportunities to understand, reach, and engage with consumers. Up to this point, companies are spending 171 billion dollar in digital advertising per year. However, online advertising is intrusive, boring and even bothering. Almost a 92% of people give up Pre-Roll ads with the option Skip-Ad, when this option is not shown, 15% of people close the entire video to avoid the ad. In-Video Ads doesn’t work better, 15% of viewers close the image shown at bottom, barely a 3% click on that kind of ad.

In order to overcome these problems we have tested in a relevant environment a new interactive video format that increases user engagement. In spite of this, producing interactive video contents is still expensive and barely unprofitable, thus increasing the total production costs up to a 50%. The purpose of this innovation project is to develop a new tool and interactivity market ecosystem to create fully advanced interactive experiences in a cost effective and profitable way. This tool will be named PFMaker and will reduce the time of production of an interactive video by a 67% and its development costs by up to 81%. This tool will allow the quick creation of interactive videos with advanced user interactions such as 3D Graphics and Augmented Reality. At this stage we have conducted a pilot project to verify the interest in a relevant environment, but a deeper feasibility study is needed in order to minimize the investment risks. Our feasibility study will consist of an international market and user research and an IPR analysis. PlayFilm is a young tech startup, with greatly experienced executive team, that has already received the interest of big companies and support of the accelerators programs. PlayFilm aims to shake the entertainment industry through a new advertising format which not only does not interrupt the user experience, but also adds value

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The information about "PFMAKER" are provided by the European Opendata Portal: CORDIS opendata.

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