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IMMERSION SIGNED

Immersive marketplace for the European real estate sector

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 IMMERSION project word cloud

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

property    gamble    individual    country    immersing    contractors    first    proposes    25    carry    customers    agent    merges    marketing    feel    meet    standards    immersion    navigate    works    visualised    off    renovation    strategy    environmental    virtually    housing    clients    matrix    tours    perspective    reduce    modify    scenario    builder    space    architects    purchasing    sales    model    plans    structure    decision    interior    time    interact    houses    portfolio    building    successful    suite    world    photoreal    virtual    internationalization    partnership    job    estate    services    online    assets    business    scaling    360    house    numeriplan    designer    company    room    see    projected    48    markets    implementing    tour    players    forecast    deg    platform    market    plan    solution    industries    validation    gain    furniture    entering    investors    tools    roi    environment    today    immersive    regulations    models    brochures    portals    visit    marketplace    usual   

Project "IMMERSION" data sheet

The following table provides information about the project.

Coordinator
NUMERI PLAN 

Organization address
address: ZONE ARTISANALE DU SAOSNOIS
city: MAMERS
postcode: 72600
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 France [FR]
 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  2020-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    NUMERI PLAN FR (MAMERS) coordinator 50˙000.00

Map

 Project objective

Today, it is usual to see 360° virtual tours in Estate Agent or online at real estate portals. These tools are useful to show existing assets, however they tools are not a solution for potential clients, players of the real state sector (investors and architects) offering off-the- plan houses, which is much more of a gamble as their clients’ decision is based on brochures, plans, models and a visit to the builder's marketing suite. Some players are offering Virtual Reality Real Estate Tour immersing their clients in a 360° photoreal environment. Users can navigate the property from room to room to gain a real perspective for the scale and feel of the space. However, the customers cannot interact with the environment and/or modify it. NUMERIPLAN merges the virtual reality concept with the online marketplace concept and proposes a new business model addressed to four main markets: Real estate sector, individual customers, building industries and interior design related services and products. IMMERSION will be the first virtual/immersive marketplace in Europe that allows your projected houses to be the scenario for purchasing furniture, interior design or housing renovation services. By entering the matrix the user will become fully part of a virtual world and become the own house and interior designer. Renovation works will be proposed by contractors and virtually visualised by the users and will consider technical and environmental regulations and standards. To meet these objectives, there is a need to reduce the time to market by increasing a portfolio of the platform validation, scaling-up the structure of the company and its partnership and implementing a successful internationalization strategy. In Phase 1, we target to develop this cost structure and carry out a sales forecast per country, with the objective to ensure a company growth with estimated 25 new job and a ROI of 48 % in year 4.

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

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