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POC

PieceOfCake: an AI-driven chatbot to manage complex business data

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

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 POC project word cloud

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

managers    strategies    automatically    gap    visited    self    usually    pace    adapt    mid    data    expensive    complexity    labeling    ones    segment    last    first    global    disrupt    enterprises    benefit    feasibility    tedious    form    market    united    positions    saas    monetisation    graphs    offers    strategy    fill    nl    drastically    answered    dashboards    reports    keep    methodology    questions    maintenance    ai    wave    lost    intelligence    accept    reduce    language    speed    agility    small    natural    time    accounting    solutions    business    outperform    white    customers    examples    pieceofcake    skills    believe    vertical    handle    weigh    asia    trained    rigid    ease    slow    difficult    nevertheless    artificial    competitiveness    departments    employees    decision    strategic    flow    translate    web    economy    house    marketing    week    analytics    opportunity    interdisciplinary    company    companies    roles    party    devoted    operate   

Project "POC" data sheet

The following table provides information about the project.

Coordinator
TYRIS SOFTWARE SL 

Organization address
address: CALLE MANUEL CANDELA 2 37
city: VALENCIA
postcode: 46022
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://www.tyris-software.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-06-01   to  2018-11-30

 Partnership

Take a look of project's partnership.

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

Map

 Project objective

The complexity of business data (accounting, marketing, etc.) requires technical skills to handle and process it. However, the roles in a company that need this information to operate are usually different from the ones with those technical skills, also known as business analysts. Third-party solutions or in-house IT departments provide dashboards and reports to fill the gap. Nevertheless, this methodology is (1) expensive in terms of IT time devoted to implementation and maintenance, (2) rigid and difficult to adapt to the particular work-flow of each company, (3) slow and tedious to use. These issues can weigh down a company and translate into lost business opportunities. We propose PieceOfCake, a trained Artificial Intelligence (AI) system that allows the use of Natural Language (NL) to access complex data. Questions like “How many users visited our web during last week for the first time?” will be automatically answered in the form of NL and graphs. Our product will change the way data-driven companies operate. Mid-level managers and interdisciplinary roles (e.g. marketing) are examples of positions that will highly benefit from it. PieceOfCake will outperform traditional dashboards in terms of ease of use, agility, and speed. It will disrupt strategic decision-making and drastically reduce IT costs. It will also allow small enterprises and self-employees to keep pace with the AI wave. The feasibility study will identify which vertical (marketing, analytics, etc.) offers a higher market opportunity, what monetisation strategies work better (SaaS, white-labeling, tailored customers, etc.), and what market segment better accept our strategy. Given the expected impact AI will have in global economy, we believe our project is crucial to the competitiveness of Europe against Asia and United States.

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

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