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PRIZM2016

Soft launch for the first thinbking music player

Total Cost €

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EC-Contrib. €

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Partnership

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 PRIZM2016 project word cloud

Explore the words cloud of the PRIZM2016 project. It provides you a very rough idea of what is the project "PRIZM2016" about.

soundcloud    months    founded    specialized    press    analyze    1300    kickstarter    proposes    first    fund    examine    music    society    ecosystem    people    french    physical    big    panel    corporate    intelligence    20    spotify    2014    context    purchasers    express    undertaken    thanks    atmosphere    digitization    266m    company    device    generating    deezer    campaign    plays    purchase    six    worldwide    room    prizm    habits    uk    look    feasibility    expressed    2020    model    forthcoming    services    sas    artificial    business    trillion    manufacturers    added    iot    territories    commercial    occupy    legitimate    smart    1m    intent    stake    song    wearable    middle    47    button    digital    potentially    crowdfunding    automatically    euros    perceived    speed    units    160    investments    consumers    market    5000    player    competitors    ubithings    adapts    economy    economic    revenues    house    learning    sold    capital    huge    place    tastes    cease    perfect    ergonomic    households    sized    2018    btob   

Project "PRIZM2016" data sheet

The following table provides information about the project.

Coordinator
UBITHINGS 

Organization address
address: 12 RUE CHABANAIS
city: PARIS
postcode: 75002
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 France [FR]
 Project website https://www.meetprizm.com/
 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-1-2016-2017
 Funding Scheme SME-1
 Starting year 2016
 Duration (year-month-day) from 2016-05-01   to  2016-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    UBITHINGS FR (PARIS) coordinator 50˙000.00

Map

 Project objective

Ubithings SAS is a French company founded in 2014, specialized in Ergonomic and Artificial Intelligence. Ubithings carried out a $160 000 Kickstarter crowdfunding campaign (1300 units sold in 1 month) and a 1M€ capital fund raising to develop during two years its first context-aware product: Prizm.

With an 20% expected growth in the next 5 years and a IoT European market value of one trillion euros in 2020, IoT represents the next big step towards the wide digitization of both our society and economy. Yet European consumers still express legitimate concerns about IoT (one third of smart wearable purchasers cease to use the product six months after its purchase). However, huge corporate investments are still undertaken: a key place in the forthcoming smart house is at stake.

To address users expressed concerns and to occupy a key place next to strong competitors, Ubithings proposes smart device services where the added value is the best perceived and where the ecosystem is the most developed: digital music.

Prizm is the first context-aware and learning device that automatically plays the perfect song: just press a button, and the device’s artificial intelligence automatically adapts the music according to the people in the room, their music tastes and habits, and the current atmosphere.

Thanks to the partnerships already established with Spotify, Deezer and SoundCloud, we can potentially reach 266M people worldwide. With a short first production of 5000 units, we intent now to investigate economic, commercial and legal feasibility to particularly analyze usage with a middle-sized panel of users (5000), assess business partnerships in physical distribution, look into BtoB business model opportunities with manufacturers, and examine distribution opportunities in the most promising identified territories (US and UK).

With Prizm, we expect to speed up IoT services in households and to become a European key player by generating about 47 M€ of revenues in 2018.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "PRIZM2016" project.

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Thanks. And then put a link of this page into your project's website.

The information about "PRIZM2016" are provided by the European Opendata Portal: CORDIS opendata.

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