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BITEXT SIGNED

Building conversational chatbots faster using NLP and machine learning

Total Cost €

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EC-Contrib. €

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Partnership

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 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.

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

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 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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