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MoonVision 2.0 SIGNED

Using AI Computer Vision 2.0 for Visual Inspection in the Industry

Total Cost €

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EC-Contrib. €

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Partnership

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 MoonVision 2.0 project word cloud

Explore the words cloud of the MoonVision 2.0 project. It provides you a very rough idea of what is the project "MoonVision 2.0" about.

miba    learning    model    2008    surfaces    renown    suppliers    algorithms    machine    inspecting    follow    conventional    founder    image    item    kamil    payment    optics    automated    market    computer    executive    industries    worked    despite    events    machines    vertical    customers    audi    depending    sacher    core    web    inspection    triggers    consulting    hospitality    hardware    see    small    containers    basis    error    optimization    environment    gain    understand    detects    billion    team    musical    coo    industrial    developer    data    proprietary    visual    companies    holds    fourth    director    recognition    enormous    acoustics    too    ai    ms    fueling    recognizing    digitization    waste    members    2017    ba    phd    ceo    vision    subscription    transforming    valued    allowed    amount    humans    amounts    computation    technologies    anyone    tatiana    rates    generation    florian    engineer    rely    moonvision    business    deep    economy    metal    images    platform    enter    revolution    saas    types    ranging    manufacturing    hosting    levels    entrepreneur    works    checks    tracking    economics    expensive   

Project "MoonVision 2.0" data sheet

The following table provides information about the project.

Coordinator
THE MOONVISION GMBH 

Organization address
address: DONAU-CITY-STRASSE 1
city: WIEN
postcode: 1220
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 Austria [AT]
 Project website https://www.moonvision.io
 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 2019-02-01   to  2019-07-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    THE MOONVISION GMBH AT (WIEN) coordinator 50˙000.00

Map

 Project objective

'Manufacturing and other companies still rely on humans for visual inspection checks despite the high error rates. This is because automated systems are too general and too expensive and conventional machine vision is too simple. Computer vision and AI can bring the next needed revolution in digitization. They allow machines to see and understand processes in their environment. The AI computer vision platform MoonVision detects item type and amounts on a visual basis using proprietary algorithms and triggers events including the optimization of machines, payment processes or data generation. MoonVision works with a wide range of commonly available hardware and the deep learning algorithms only require a small amount of images and data to learn. MoonVision can be applied in a wide range of industries ranging from inspecting metal surfaces to tracking the types of containers in waste processing. Several renown companies are already using MoonVision including Miba, Audi, Sacher, etc. MoonVision has allowed us to enter the AI image recognition market that was valued at €1 billion in 2017. We could gain the part of the market that is dedicated to recognizing images for industrial applications. We follow an SaaS business model with different subscription levels depending on the vertical. Our customers are different companies in manufacturing, hospitality and anyone who needs visual inspection. The most important types of suppliers are hosting, computation and data suppliers. Our core team has three members. Our CEO and Founder Florian is a web developer and entrepreneur and holds an MS in Economics. The Executive Director and COO Kamil has worked in consulting since 2008 and holds a BA in business. Tatiana is our AI data engineer and holds a PhD in Optics and Musical Acoustics. Advanced technologies are currently fueling the 'fourth industrial revolution,' with the potential of transforming EU industries and creating enormous growth in the European economy.'

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The information about "MOONVISION 2.0" are provided by the European Opendata Portal: CORDIS opendata.

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