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fonYou

Technology platform for telecom carriers to identify and predict mobile user behaviour by means of analytics and deep learning

Total Cost €

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EC-Contrib. €

0

Partnership

0

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 fonYou project word cloud

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

connectivity    mine    time    decrease    flooded    facebook    models    sell    campaigns    data    transform    internet    communication    invest    exploitative    daily    36    players    serve    revenues    carriers    commerce    generates    subscriber    intelligent    ecosystem    digital    industry    platform    providers    billion    operators    sources    billions    machines    service    network    declined    gold    massive    income    revenue    sales    don    eroding    fortunately    ac    pressure    services    business    solution    turns    lack    shift    mnos    unexploited    basic    adapt    segmentation    dmap    pushing    position    commercial    offers    customers    hyper    generation    marketing    automates    13    cessing    google    underutilized    csps    generate    whatsapp    market    customer    telecommunications    intelligence    bases    transforms    addressable    personalize    telecom    world    veritable    ai    competitive    sitting    competitors    look    additional    render    automated    asset    monetizing   

Project "fonYou" data sheet

The following table provides information about the project.

Coordinator
FONYOU TELECOM SL 

Organization address
address: CALLE VELAZQUEZ NUM 94 PLANTA 3
city: MADRID
postcode: 28006
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 Spain [ES]
 Project website https://fonyou.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 2019
 Duration (year-month-day) from 2019-06-01   to  2019-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    FONYOU TELECOM SL ES (MADRID) coordinator 50˙000.00

Map

 Project objective

Communication Service Providers (CSPs) are facing ever growing pressure from digital players such as Facebook, Google and Whatsapp who are eroding their ability to sell services beyond basic connectivity. CSPs are still operating based on traditional commercial models based on high level segmentation, generic marketing campaigns and lack of user knowledge. Revenues per customer have already declined by between 13-36% across the world and will further decrease if they don’t transform their existing business models into fully digital, automated and intelligent e-commerce machines that can serve their users like the other digital players. MNOs must look for additional sources of income and adapt their business models to remain competitive in their ecosystem flooded with competitors, most recently from over the top services. They need to shift their business activity towards a more customer focus rather than data pushing. Fortunately, carriers are sitting on a veritable gold mine. With large subscriber bases, the industry generates rich data on customer activity as a by-product of its daily business. Monetizing this underutilized asset could generate billions in revenue and render operators more competitive. DMAP is an enabling technology that transforms the telecom carriers’ product distribution by enabling them to hyper-personalize offers to users in real-time based on customers behaviour. The technology turns massive, unexploited data generated by users when ac cessing the internet over the carriers’ network into commercial exploitative data. The platform allows carriers to generate new revenue through greater “subscriber intelligence”. The telecommunications industry is expected to invest €6.4 billion in AI that automates revenue generation and sales. DMAP is a unique solution well position to exploit this large addressable market.

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

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