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BITEXT SIGNED

Building conversational chatbots faster using NLP and machine learning

Total Cost €

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EC-Contrib. €

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Partnership

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 BITEXT project word cloud

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

limiting    billion    solution    integrators    machine    redesigning    compatible    nlg    communication    requests    bot    73    alike    commercialization    impacts    language    inquiries    human    semantic    platform    full    machines    minimizing    appealing    embeddable    app    beginning    capital    nlp    company    san    venture    valley    technological    3x    frontend    content    francisco    bots    quality    amazon    replies    young    2007    engines    conversational    1m    seed    boosting    2024    clients    innovation    bitext    software    market    sylicon       frameworks    capacity    interface    easily    won    giants    innovations    generation    linguistic    deep    apple    lack    customer    negatively    natural    chatbot    accurate    fast    google    created    offices    opened    assure    trains    backend    agencies    chatbots    raised    intellige    prizes    accuracy    infancy    training    era    deal    tech    24    api    solutions    overseas    people    manual    accelerate    streamlining    dlap    technologies    architectures   

Project "BITEXT" data sheet

The following table provides information about the project.

Coordinator
BITEXT INNOVATIONS SL 

Organization address
address: C/ JOSE ECHEGARAY 8 PLANTA 1
city: LAS ROZAS DE MADRID
postcode: 28232
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 https://www.bitext.com/bitext-horizon-2020/
 Total cost 1˙651˙987 €
 EC max contribution 1˙156˙391 € (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-2018-2020-2
 Funding Scheme SME-2
 Starting year 2018
 Duration (year-month-day) from 2018-05-01   to  2019-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BITEXT INNOVATIONS SL ES (LAS ROZAS DE MADRID) coordinator 1˙156˙391.00

Map

 Project objective

Chatbots are still in their infancy. One of the factors that are currently limiting the development of the chatbots market is the lack of an appealing customer experience. The low quality of the existing natural language understanding systems, negatively impacts user experience. At BITEXT, we have developed a Natural Language Processing (NLP)-based solution that trains conversational bots easily, and makes their replies more human-alike. Using our Deep Linguistic Analysis Platform (DLAP) and Natural Language Generation (NLG), we improve 3x bot accuracy. This allows existing chatbot frameworks (backend content, chatbot agencies, API integrators and NLP bot engines) to deal with user requests without redesigning their architectures, as we are fully compatible. BITEXT Innovations, S.L. is a company created in 2007 dedicated to the development and commercialization of resources and linguistic software and technologies of semantic analysis. Among our clients, the Sylicon Valley tech giants, Google, Apple or Amazon. We are a young and fast-growing company, that has opened overseas offices (San Francisco, US), have won innovation prizes and raised Venture Capital (€1M seed funding). But this is only the beginning! The technological solution of BITEXT is part of the chatbots market which is estimated to be over $4.73 billion in 2024 given that chatbot is the new interface of every frontend or app. The overall goal of the present Phase 2 project is to accelerate bot training and improve human-machine understanding – being the most accurate technology- in this new era of people and machines communication. Also, raise chatbots full-potential, facilitating its development and growth; by being a reliable technology, easy to develop (minimizing manual work) and embeddable into existing solutions and those new to come. Chatbots will assure 24/7 availability, bringing increased response capacity, improving customer support, streamlining inquiries and boosting customer intellige

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

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