Opendata, web and dolomites

wecHomeAI

wecHomeAI – The first AI-powered interior designer

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0

 wecHomeAI project word cloud

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

constructions    software    plugin    designers    trillion    urban    interior    stage    human    mechanism    97    investment    percentage    tools    decision    intelligence    graphical    swedish    commercialization    embrace    service    apartments    global    productivity    housing    history    construction    gap    minimum    demands    informed    previews    plans    designer    artificial    pay    cumulated    experts    world    speed    larger    7m    200k    industry    36    wec360o    sell    intervention    customer    industries    population    return    empowering    excessive    turned    poor    homes    companies    completion    occupants    customized    revenues    proposition    2030    upgrade    founded    automatically    reducing    overcome    thriving    furnished    time    day    estate    enhanced    intended    first    solutions    rely    visualisation    limitations    developer    architects    start    generate    3d    keeping    consistent    company    effort    manual    economy    15    booming    shift    2025    risk    innovation    virtual    thorough    wechomeai    5m    2008    demanding   

Project "wecHomeAI" data sheet

The following table provides information about the project.

Coordinator
WE.C.360 AB 

Organization address
address: OLAIGATAN 17A
city: OREBRO
postcode: 703 61
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 Sweden [SE]
 Project website https://www.wec360.com/en/
 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 2018-12-01   to  2019-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    WE.C.360 AB SE (OREBRO) coordinator 50˙000.00

Map

 Project objective

Construction industry is one of the most booming industries in the world, estimated to reach 15.5 trillion€ in 2030. Although one of the most thriving industries in the world, constructions has a long history of poor productivity which cost the global economy 1.4 trillion € a year. This gap is at risk to get larger, as the urban sector demands more housing for a global urban population growing by ~200k occupants per day. In order to build new homes, real estate companies must sell a consistent percentage of the apartments included at the project stage to be able to start the construction process. Graphical previews of the furnished properties are required to enable informed decision making and speed up the construction process. However, existing solutions for interior design rely on the human factor intervention, a thorough activity demanding for excessive resources. At wec360o, we propose the first virtual interior designer, an innovation intended to help the experts in interior design (i.e. architects and interior designers) to overcome these limitations. We are a Swedish company founded in 2008, turned out to be a leading developer of enhanced 3D visualisation solutions for constructions projects. Our proposition is an application software developed as a plugin, an upgrade for all common software tools, empowering interior design with Artificial Intelligence capabilities. This will shift manual interior design towards automatically proposed customized plans, reducing time up to 97% thus keeping effort and costs to a minimum. wecHomeAI, our product, will impact thus the activity for real estate companies and architects all together. We embrace a Software as a Service approach and a Pay as you Go mechanism tailored to our customer’s needs. Through the completion of this project we expect to reach 36.7M€ cumulated revenues five years after its commercialization. Phase 2 will require 2.5M€ investment, which will generate a 8.7 Return of Investment by 2025.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "WECHOMEAI" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

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

More projects from the same programme (H2020-EU.3.;H2020-EU.2.3.;H2020-EU.2.1.)

SmartDegrees (2020)

First anti-fraud plataform for the registration and certification of diplomas and academic certificates based in blockchain

Read More  

DeltaQon (2019)

IOT and cloud computing for online medical analysis service platform

Read More  

GREEN WHS (2019)

NATURE FRIENDLY WATER HYDRAULIC STEERING SYSTEM

Read More