Opendata, web and dolomites

Archii

Unrivalled AI powered document handling and data extraction system

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0

 Archii project word cloud

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

time    play    automatic    solutions    becomes    penetrate    founded    provider    comprise    financial    extensive       finds    smes    relies    expiry    turn    converts    intelligence    actionable    expensive    cheap    worth    solely    training    grow    position    ing    company    documents    organizes    accuracy    worldwide    lost    dms    innovation    location    once    accurate    inefficient    employees    input    organize    commercialize    2021    generates    fulfil    content    predicted    plug    amount    unfavourable    document    implications    consuming    benefits    itself    archii    artificial    risks    successfully    corporations    revenues    improper    contracts    trained    market    launched    efficient    unmet    companies    starts    opt    irrespective    drawbacks    filename    inside    manual    post    gdrp    scalable    vast    analysing    model    business    fit    danish    for    decisions    missing    thousand    intelligent    solution    nightmare    forcing    compliance    95    sme    32m   

Project "Archii" data sheet

The following table provides information about the project.

Coordinator
ARCHII APS 

Organization address
address: RAVNSBORGGADE 8B/5
city: KOBENHAVN
postcode: 2200
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 Denmark [DK]
 Project website http://www.archii.ai/what-we-are-all-about/
 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 2019
 Duration (year-month-day) from 2019-01-01   to  2019-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ARCHII APS DK (KOBENHAVN) coordinator 50˙000.00

Map

 Project objective

For any SME, document management becomes a nightmare once it starts to grow and generates vast amount of legal and financial documents. The implications of improper document management range from missing/lost documents to unfavourable business decisions to non-compliance. To solve this problem, other companies have launched (intelligent) document management solutions (DMS), but these products often come with several drawbacks, e.g., product being project based and for large corporations, not plug-n-play (requires extensive pre-training), and still requires manual input from employees (not fully automatic). These drawbacks cause the existing solutions to become expensive, inefficient and time consuming, in turn, forcing SMEs to opt out.

ARCHII, a Danish SME, was founded solely to fulfil this unmet need of a highly accurate, efficient, fully automatic and cheap DMS for SMEs worldwide. The resulting solution - “Archii” - relies on artificial intelligence to identify and organize legal and financial documents. Archii has been trained with 50 thousand real company documents making it the only fully plug-n-play DMS for legal and financial documents available in the market. Archii finds and organizes documents by analysing its content (irrespective of location and filename) with 95% accuracy. Also, Archii converts information from inside each document into actionable intelligence (e.g. contracts’ expiry, GDRP risks etc.).

To commercialize Archii in 2021 and to penetrate a market worth 7$B, ARCHII needs to (1) improve product-market fit; (2) develop a generic, scalable business model; and (3) demonstrate and document the benefits of Archii to increase market awareness. These comprise the innovation project objectives (Phase-1 and -2). By successfully achieving these objectives, ARCHII will position itself as a leading DMS provider to SMEs worldwide, with predicted revenues of ~32M€, 5 years post-project.

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

COPI (2020)

Carbon Offset Plug-in

Read More  

Cortx (2019)

Intelligent debt recovery platform.

Read More  

MealHero (2019)

Automated cooking for tasty and healthy meals in a convenient way

Read More