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FACE SIGNED

FACE: A real-time facial analysis software to improve the skincare e-commerce.

Total Cost €

EC-Contrib. €

Partnership

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FACE project word cloud

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

size stores massive market customized care ai platforms global disruptive skincare online generate worth revenues circumstance outcome facial personal face artificial updated cloud customers tablet combination business specialized smartphone user acute generation physical first pharmaceutical medical 15 time stored analyser form skin healthcare improvement strategies pay therapeutic commerce 9tn 1 tied citizens billion recommendations 7tn portfolio purchasing spending computer reports confidence device vision model companies channels expert cross personalised parapharmacies checker commercialisation solves software cosmetics cover pound onsite 2019 digital 10tn transformation selling wellbeing intelligence clients pharmacies algorithms b2b

Project "FACE" data sheet

The following table provides information about the project.

Coordinator	NEW HORIZONS 81 SL Organization address address: LUIS SANTANGEL ST NUMBER 22 DOOR 9 city: VALENCIA postcode: 46005 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]
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 2019-12-01 to 2020-04-30

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	NEW HORIZONS 81 SL NEW HORIZONS 81 SL Organization address address: LUIS SANTANGEL ST NUMBER 22 DOOR 9 city: VALENCIA postcode: 46005 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.	ES (VALENCIA)	coordinator	50˙000.00

Map

Project objective

FACE is the first personal real-time facial analyser capable to generate personalised therapeutic strategies and wellbeing recommendations based on the combination of artificial intelligence (AI) and medical expert algorithms. FACE software is a disruptive AI facial checker adapted to be used through any device (smartphone, tablet, computer) that solves different challenges.1) Improvement of user´s experience and confidence in purchasing healthcare and wellbeing products through the different selling channels, including online e-commerce platforms, and onsite specialized physical stores . 2) Generation of objective real time information about all the skin issues needed by pharmaceutical companies to develop customized skincare products to cover all the user needs for any circumstance. 3) Development of massive skincare trends analyses through the information stored in the cloud, in order to help skincare product companies in having an objective and updated market vision to define their future strategies. Market size: The global healthcare market focused in the facial skincare is now estimated to be worth some $10tn (£7.7tn; €8.9tn). 15% of global healthcare spending will be tied in some form with Value/outcome-based care concepts focused in an increase of the market information and in the development of Artificial Intelligence (AI) for healthcare IT Application that will cross $1.7 billion by 2019. Users/Clients: End user will be all those citizens that will be interested in both wellbeing and purchasing cosmetics. Our Customers will be: 1) All those e-commerce platforms and pharmacies/parapharmacies interested in digital transformation dedicated to skincare products in their portfolio (B2B). 2) skincare pharmaceutical companies interested in market analysis and/or real-time information to develop tailored cosmetics (B2B). Business Model & Commercialisation: FACE software revenues will come from pay-per-use model and from skincare trends massive analysis reports.

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