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Opendata, web and dolomites

BITEXT SIGNED

Building conversational chatbots faster using NLP and machine learning

Total Cost €

EC-Contrib. €

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.

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

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.