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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. €

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Partnership

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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.

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

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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