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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.

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

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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