Explore the words cloud of the Nomoko project. It provides you a very rough idea of what is the project "Nomoko" about.
The following table provides information about the project.
|Coordinator Country||Switzerland [CH]|
|Total cost||3˙399˙606 €|
|EC max contribution||2˙379˙724 € (70%)|
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)
|Duration (year-month-day)||from 2019-08-01 to 2021-01-31|
Take a look of project's partnership.
Nomoko is a Swiss start-up whose solutions to automatically create “Artificial Reality” have received numerous public recognitions. It brings innovation to the digital mapping market, which, although expected to reach € 7.17 billion by 2025, is looking for alternatives to the current accuracy and reliability constraint of digital maps at a cost-effective price. Based on a digital ultra-accurate 3D model of the Earth, Nomoko offers a platform with the best virtualization of the reality, dynamic interaction with the data and fully customizable scenarios for simulation that enables building digital solutions and products rooted in “reality”. The 3D model is created from an in-house developed ultra-accurate digital camera, the 3D software is a proprietary 3D modelling pipeline capable of processing petabytes of data and enhancing the models with intelligence, and the platform is a cloud-based engine turning the world from a static model to a dynamic one. Nomoko’s business model follows a Platform as a Service (PaaS) strategy complemented by a shared revenues approach, differentiating itself from its competitors, whose solutions and business models are several steps behind (only PaaS, 3D model accuracy in the 1mm to 1cm range). Technological and market assessment highlight that volumetric city-based 3D data and digital 3D models are a trend to follow. The photorealistic, ultra-accurate nature of Nomoko’s 3D environments provide the key building blocks for a variety of cross-industry products, especially for the Autonomous car, Gaming, Construction & Architecture and Smart Cities & Urban planning industries, contributing also to the creation of a new market for products built on real-world based 3D data. Financial projections show promising net sales reaching 118 MM €, continuous increasing gross income over 95MM € by 2025.
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The information about "NOMOKO" are provided by the European Opendata Portal: CORDIS opendata.
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