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BEYOND

Best in class Deep Learning Predictive Model

Total Cost €

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EC-Contrib. €

0

Partnership

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 BEYOND project word cloud

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

tools    accuracy    70    2023    predictive    corresponding    overcome    made    plan    120    solutions    multiple    drop    finalize    party    10    integration    pricing    turnover    formats    pointing    engaged    reimagined    services    competitor    analytics    thanks    novelty    installation    worth    global    strategy    26    yearly    selling    sme    adopter    jobs    consists    10mln    industry    libraries    datasets    businesses    points    prepare    12    flexible    38    fit    proofs    domains    error    beginners    hpa    skill    minimum    edge    deep    barriers    service    forecasting    speed    learning    validating    forecast    model    vertical       little    media    outperforms    adoption    algorithms    competitors    market    output    benchmark    promotional    massively    programming    phase1    margin    proved    exist    massive    models    cutting    communication    custom    solution    least    applicability    industries    trading    web    reaching    demonstrated    verticalizations    decrease    errors    energy    levels    search    language    prospects   

Project "BEYOND" data sheet

The following table provides information about the project.

Coordinator
HPA SRL 

Organization address
address: VIA GUGLIELMO MARCONI 28
city: CALDONAZZ0
postcode: 38052
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 Italy [IT]
 Project website http://beyoond.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    HPA SRL IT (CALDONAZZ0) coordinator 50˙000.00

Map

 Project objective

HPA S.r.l. has reimagined the way predictive analytics services are made today, with a new Forecast-as-a Service model, based on cutting-edge deep learning algorithms that proved wide applicability in multiple vertical industries. After validating the problem/solution fit, HPA has engaged 3 prospects in the Energy, Technology and Media forecasting domains to prepare some Proofs of Concept and benchmark the solution. It’s also worth pointing out that no similar tools exist in the case of the second and the third verticalizations. The novelty of this solution consists of the following unique selling points: 1.BEYOND predictive models outperforms most used competitor solutions in terms of accuracy (on average, 5% of error against 12-38% of errors by competitors) and speed. An early adopter of BEYOND operating in the energy trading market, demonstrated that increased accuracy provided by our model can result in a yearly operating margin increase of at least €120.000. 2.BEYOND will overcome adoption and usage barriers for many businesses providing easy-to-use models that require little knowledge from users with different skill levels from beginners to experienced analysts. 3.As a Forecast-as-a Service model, BEYOND will be offered with a flexible pricing strategy that will allow installation costs drop in a range between 50 to 90 % and long term costs decrease by a minimum of 10% up to more than 70%. Thanks to the SME Phase1 funding, HPA will be able to: a) finalize the Minimum Viable Product (i.e. development of programming language custom libraries, output formats and integration of third-party datasets); b) design the web application; c) assessment of more industry verticalizations and the search of corresponding prospects; d) set-up a massive promotional/communication plan to reach the global market during the Phase 2. With a SME Phase 2 funding we will be able to massively market BEYOND, reaching a € 10MLN turnover and 26 jobs by 2023.

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

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