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Opendata, web and dolomites

BITEXT SIGNED

Building conversational chatbots faster using NLP and machine learning

Total Cost €

EC-Contrib. €

Partnership

Views

Outcomes and
results

BITEXT project word cloud

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

deep nlp minimizing semantic created offices tech app bitext machine bots api capital 24 billion market full accuracy generation apple chatbot chatbots deal linguistic appealing training technologies language prizes san software valley people embeddable natural opened boosting 4 engines impacts overseas easily francisco redesigning human inquiries technological won clients 73 1m seed bot accelerate negatively architectures company customer nlg frontend beginning solution backend limiting machines intellige trains sylicon era requests agencies capacity infancy assure compatible alike fast platform replies content amazon 3x young accurate innovation conversational giants raised lack innovations dlap google interface venture 2024 integrators commercialization frameworks streamlining manual solutions communication 2007 quality

Project "BITEXT" data sheet

The following table provides information about the project.

Coordinator	BITEXT INNOVATIONS SL Organization address address: C/ JOSE ECHEGARAY 8 PLANTA 1 city: LAS ROZAS DE MADRID postcode: 28232 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]
Project website	https://www.bitext.com/bitext-horizon-2020/
Total cost	1˙651˙987 €
EC max contribution	1˙156˙391 € (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-2018-2020-2
Funding Scheme	SME-2
Starting year	2018
Duration (year-month-day)	from 2018-05-01 to 2019-10-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	BITEXT INNOVATIONS SL BITEXT INNOVATIONS SL Organization address address: C/ JOSE ECHEGARAY 8 PLANTA 1 city: LAS ROZAS DE MADRID postcode: 28232 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 (LAS ROZAS DE MADRID)	coordinator	1˙156˙391.00

Map

Project objective

Chatbots are still in their infancy. One of the factors that are currently limiting the development of the chatbots market is the lack of an appealing customer experience. The low quality of the existing natural language understanding systems, negatively impacts user experience. At BITEXT, we have developed a Natural Language Processing (NLP)-based solution that trains conversational bots easily, and makes their replies more human-alike. Using our Deep Linguistic Analysis Platform (DLAP) and Natural Language Generation (NLG), we improve 3x bot accuracy. This allows existing chatbot frameworks (backend content, chatbot agencies, API integrators and NLP bot engines) to deal with user requests without redesigning their architectures, as we are fully compatible. BITEXT Innovations, S.L. is a company created in 2007 dedicated to the development and commercialization of resources and linguistic software and technologies of semantic analysis. Among our clients, the Sylicon Valley tech giants, Google, Apple or Amazon. We are a young and fast-growing company, that has opened overseas offices (San Francisco, US), have won innovation prizes and raised Venture Capital (€1M seed funding). But this is only the beginning! The technological solution of BITEXT is part of the chatbots market which is estimated to be over $4.73 billion in 2024 given that chatbot is the new interface of every frontend or app. The overall goal of the present Phase 2 project is to accelerate bot training and improve human-machine understanding – being the most accurate technology- in this new era of people and machines communication. Also, raise chatbots full-potential, facilitating its development and growth; by being a reliable technology, easy to develop (minimizing manual work) and embeddable into existing solutions and those new to come. Chatbots will assure 24/7 availability, bringing increased response capacity, improving customer support, streamlining inquiries and boosting customer intellige

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

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