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StoreHero

StoreHero: An AI (Artificial Intelligence) Virtual Business Coach for Physical Retailers

Total Cost €

EC-Contrib. €

Partnership

Views

Outcomes and
results

StoreHero project word cloud

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

outside customer comparisons time thanks online messages decision market owners customers informing learning retail ai protection promotions coach variety estimate redesign monitoring share competing aren sense remotely software sales 90 compete notifications total intranets physical hours raw opening collected serves events iot operators managers easily platform managed proprietary offline requirement clients sends format business virtual optimize helps gigabyte sensors hard intelligence storehero equipped measurence analytics shop absorb ipr launch play insights executives analysing capture guru data retailers advertise simply earliest hundreds sources interconnected drive grow promotional cross ahead plug strategy interaction everyone run sinking recommendations pos internal store machine

Project "StoreHero" data sheet

The following table provides information about the project.

Coordinator	MEASURENCE LIMITED Organization address address: UNIT 9 ROSSFIELD, 50 ROSEMOUNT BUSINESS PARK city: DUBLIN postcode: 11 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	Ireland [IE]
Project website	https://get.storeheroapp.com/
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)) 2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
Code Call	H2020-SMEINST-1-2016-2017
Funding Scheme	SME-1
Starting year	2016
Duration (year-month-day)	from 2016-11-01 to 2017-04-30

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	MEASURENCE LIMITED MEASURENCE LIMITED Organization address address: UNIT 9 ROSSFIELD, 50 ROSEMOUNT BUSINESS PARK city: DUBLIN postcode: 11 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.	IE (DUBLIN)	coordinator	50˙000.00

Map

Project objective

90% of total retail sales are still generated by offline retailers, yet but most physical retailers find it hard to make sense of all the data that is available to them and use that intelligence to drive their decision making and compete with online. They are sinking in data from POS systems, intranets, and internal processes, and aren’t equipped to absorb complex analytics. In order to solve these problems, Measurence has developed and will launch StoreHero. StoreHero is an AI-based virtual business coach for physical retailers. It helps store owners and operators grow their business. Thanks to data collected through a variety of sources, it sends text-messages and notifications with insights and recommendations on how to improve the retail business, based on the intelligence generated by our proprietary platform of interconnected and remotely-managed plug-and-play sensors. It helps shop owners, for example, to run more effective promotions by informing ahead of time when and how it's the best time to advertise to capture most customers. It can help to optimize store opening hours by monitoring events outside of a store. StoreHero serves as a business guru for our clients, allowing simple interaction and providing insights after analysing hundreds of gigabyte of raw data very quickly, simply and effectively. From store managers to executives, everyone will have access to information in an immediate format, with the ability to easily share it and make cross-store comparisons. During this project, we will enhance our IoT platform as well as our machine learning software. We will estimate the growth potential of clients for next 5 years. We will also analyse the customer requirement, IPR protection strategy, competing technology and promotional activity in this study. All this information generated after the study will help us to scale up and redesign the platform that will address the needs of more physical retailers, to ensure wider market access at the earliest.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "STOREHERO" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

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