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INVIOO SIGNED

INVIOO – data-driven decision-making apps for everyon

Total Cost €

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EC-Contrib. €

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Partnership

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 INVIOO project word cloud

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

aa    team    start    machines    total    automate    ai    manufacturing    enterprise    miss    critical    company    validated    industrial    intelligence    vast    entrepreneur    business    amounts    deployment    insightwhisper    innovation    expert    ready    20    predicted    leadership    segment    analytics    hard    iiot    battle    no1    insights    data    mover    started    massive    companies    market    accelerate    generating    meanwhile    invioo    252m    lives    things    accessing    80    bottleneck    powered    vize    performance    augmented    6bn    2021    expertise    time    first    supporting    combinator    robots    leader    solutions    position    artificial    millions    decisions    extend    industrializing    uses    decision    gigantic    insightful    profits    assist    secured    accelerator    2014    platform    software    ir    rate    recommendations    grade    don    prestigious    contextual    internet    advantage    guides    50    majority       smart    context    gartner    trust    bi   

Project "INVIOO" data sheet

The following table provides information about the project.

Coordinator
ANASEN 

Organization address
address: 183 RUE SAINT-DENIS
city: PARIS
postcode: 75002
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 France [FR]
 Total cost 2˙704˙125 €
 EC max contribution 1˙892˙887 € (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 2019
 Duration (year-month-day) from 2019-03-01   to  2021-02-28

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ANASEN FR (PARIS) coordinator 1˙892˙887.00

Map

 Project objective

Industrial Internet of Things (IIoT) has started generating massive amounts of insightful data. In 10 years, this should increase the performance of manufacturing processes by up to 20%, extend machines lives by up to 50%, and increase their profits. Today however, the vast majority of business users in industrial companies still don’t have the insights they need to make better decisions. Millions of business users are provided with only 20% of the insights they need, at best, leading to a gigantic decision-making bottleneck. With 20% Insights Rate (IR), organizations miss critical business opportunities. Meanwhile, Gartner predicted Augmented Analytics (AA) will be the future in the Business Intelligence and Analytics market by 2021. AA solutions are developing Artificial Intelligence (AI) to automate insights production but insights produced by robots are hard to trust by business users. Vize Software (Vize S.) on the other side uses AI to assist business users through recommendations. The company has developed the first AI-powered platform smart enough to reason like a data expert and guides the business user with contextual recommendations. It enables to reach 80% IR. This innovation has been recognized by the most prestigious start-up accelerator Y Combinator, supporting the 1.5% top technology entrepreneur. Since 2014, Vize S. has secured a total of €3.252M and built a team with expertise in AI, software development and manufacturing analytics. After 4 years of development, market is validated and Vize S. is now ready for industrializing its innovation into an enterprise-grade platform: InsightWhisper and become the next No1 leader of BI&A. In this context, INVIOO project will provide a first-mover advantage and make Vize S. ready for the AA battle in 2021. Focusing on the industrial segment (€6Bn immediate market), INVIOO will accelerate the go to market and help accessing enterprise-wide deployment to establish leadership position, one use case at a time.

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

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