EU H2020 Project "WAI (Wiraya Activation Intelligence)": description, partecipants, costs and EC-fundings

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WAI project word cloud

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

cutting positive arpu thereby orchestrates 700 ahead interactions people struggle lower 2016 marketing london 5m operator human utilizing 3m wiraya personalized competitiveness loyalty northern helping shares customers operators market employ lifetime employs prove tools loi service global automatically blend revenue leverage telecom bases hq software conversion demand expertise 2022 innovation 150 learns time transferable handset communicate communication delivers individual competition optimize dialogues ing verticals data device 83 manually price mimic strengthens european markets win gain models grew customer personal 2008 45m millions satisfaction worked ai prediction voice renew plan wai 14 opportunity found adapts window engage mobile edge managed spend churn team climate presented loses competitive stockholm initial times tests

Project "WAI" data sheet

The following table provides information about the project.

Coordinator	WIRAYA SOLUTIONS AB Organization address address: STUREPLAN 4 A 4 TR city: STOCKHOLM postcode: 114 35 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	Sweden [SE]
Project website	https://www.wiraya.com/
Total cost	2˙902˙320 €
EC max contribution	2˙031˙624 € (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-2-2016-2017
Funding Scheme	SME-2
Starting year	2018
Duration (year-month-day)	from 2018-03-01 to 2020-02-29

#	participants	country	role	EC contrib. [€]
1	WIRAYA SOLUTIONS AB	SE (STOCKHOLM)	coordinator	2˙031˙624.00

WIRAYA SOLUTIONS AB

SE (STOCKHOLM)

coordinator

2˙031˙624.00

Project objective

European mobile telecom operators struggle with low customer satisfaction and loyalty in highly competitive markets resulting in high churn (an average mobile operator churn of 14% means that an operator with 5m customers loses 700,000 customers each year), lower ARPU and a high marketing spend to win new customers. Many operators use advanced churn prediction models today but have not yet found an effective way to leverage on this knowledge at large scale. They now demand tools to efficiently engage with millions of customers on a personal level and thereby increase customer satisfaction and loyalty. Our managed software cost-efficiently orchestrates and delivers personalized communication enabling dialogues with large customer bases using a blend of voice and text to mimic a human communication. Today, we optimize the communication manually based on our team’s experience, but will now take our product to be automatically data-driven utilizing AI (WAI). Based on previous and real-time interactions WAI learns and adapts what, when and how to communicate with each individual, helping customers to change price plan, order new handset, renew service or get support through a mobile device. Initial tests prove five times higher conversion, and optimize customer lifetime value at a scale that is not possible manually. Wiraya was established in 2008, employs 40 in Stockholm (HQ) and London, and revenue grew by 83% to €3m in 2016. We have worked with Northern Europe’s largest telecom operators for years, and presented WAI to their top management with very positive response, resulting in LoI:s with 3 leading test partner operators. We have a window of opportunity to gain market shares ahead of competition, and will in 2022 have €45m in revenue and employ 150 people. Our cutting-edge AI technology and expertise is transferable across EU and strengthens EU’s innovation climate and global AI competitiveness, not only within telecom, but also within other verticals.

Deliverables

List of deliverables.
Launch of updated new website	Websites, patent fillings, videos etc.	2020-03-04 09:48:06
Online technical documentation	Documents, reports	2020-03-04 09:48:06
Dashboard for showing progress and result	Demonstrators, pilots, prototypes	2020-03-04 09:48:06
Meeting structure setup, tools for collaboration and scheduling of recurring meetings	Documents, reports	2020-03-04 09:48:06
Validate adherence to GDPR requirements	Documents, reports	2020-03-04 09:48:06

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More projects from the same programme (H2020-EU.2.1.1.;H2020-EU.2.3.1.)