Explore the words cloud of the QDOOZ project. It provides you a very rough idea of what is the project "QDOOZ" about.
The following table provides information about the project.
|Coordinator Country||United Kingdom [UK]|
|Total cost||71˙429 €|
|EC max contribution||50˙000 € (70%)|
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)
|Duration (year-month-day)||from 2018-09-01 to 2019-02-28|
Take a look of project's partnership.
|1||QDOOZ LIMITED||UK (PRESTON LANCASHIRE)||coordinator||50˙000.00|
Exponential changes brought by rapid technological advances mean soft skills such as creativity, problem-solving, leadership, team work and emotional intelligence are becoming more important than traditional hard skills. According to CBRE, 50% of occupations today will no longer exist in 2025 with new jobs requiring higher levels of soft skills. However, data from the European Commission estimates that more than 70 million Europeans lack essential soft skills, causing Europe to lose as much as €112 billion per year due to reduced productivity.
Traditional solutions such as education largely focus on developing technical, ‘hard’ skills while complementary solutions such as mentoring are prohibitively expensive. Other solutions such as e-learning platforms (LinkedIn Mentoring, Quora and StackExchange) do not provide the means to assess and measure soft skills development which is crucial to track progress and prove competence.
In response to this, a team of highly renowned mentors and software engineers has developed QDOOZ – an innovative digital platform that contains the proprietary Soft Skills Framework, Multi-Approach Assessment Model and Soft Skills Profile which enable us to uniquely develop, assess and measure soft skills to successfully demonstrate progress, attainment and competence.
We have formed a commercial partnership with UCAS, the UK’s higher-education admission service, to allow end-user testing and we have gathered enormous support from numerous businesses and Governments who have shown great interest in our product. We now need to reduce commercial risk by running large scale trials and optimising our product performance prior to global roll-out.
5 years post-project, we will generate annual revenues of €59.5 million, €36.3 million in profits, 275 jobs, representing a 20 x ROI to EC investment whilst potentially adding €4 billion to Europe’s economy, leading to higher productivity gains and significantly improving Europeans’ quality of life.
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The information about "QDOOZ" are provided by the European Opendata Portal: CORDIS opendata.
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