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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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 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.

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

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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