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PRsuite SIGNED

Artificial Intelligence for a new generation of Public Relations (PR): smart digital assistant for start-ups and SMEs to maximise results of press releases within the EU-28 and beyond

Total Cost €

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EC-Contrib. €

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Partnership

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 PRsuite project word cloud

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

automated    56m    providers    journalists    internal    serve    complexity    countries    reaching    generate    coordinate    market    estimate    event    media    inside    team    24    sales    accumulated    public    fragmented    start    massive    85    share    smes    world    pressure    influencers    companies    segment    prohibitively    languages    customers    quantified    intelligence    press    segmented    struggling    promotions    stop    jobs    customer    achievements    fsps    staff    revenue    expensive    shop    inform    professionals    48    full    exporting    editors    relations    51    launches    incorporating    trust    news    channel    generation    constant    act    social    relies    pr    mix    specialised    clients    created    cover    96m    ups    28    84    artificial    tools    advertising    internationalisation    ai    lifecycle    x8    prsuite    profit    entire    considerably    releases    message    handling    don    sustainably    augmenting    content    competing    significantly    mostly    marketing    service   

Project "PRsuite" data sheet

The following table provides information about the project.

Coordinator
COMUNICAE SEEDRELEASE NETWORK SL 

Organization address
address: CALLE ROURE NUM.37 PLANTA BJ, PUERTA 2
city: CERDANYOLA DEL VALLES
postcode: 8290
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 http://www.comunicae.es
 Total cost 71˙429 €
 EC max contribution 50˙000 € (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-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-12-01   to  2019-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    COMUNICAE SEEDRELEASE NETWORK SL ES (CERDANYOLA DEL VALLES) coordinator 50˙000.00

Map

 Project objective

Start-ups and SMEs are struggling to bring their message out into the market. Due to immediate and constant pressure to generate sales, these companies mostly focus their marketing activities in advertising as they don’t have the resources to sustainably implement Public Relations (PR). Press releases are an essential part of PR to inform about product launches, market achievements, news about the team, event promotions, etc, to regularly reach and build trust with current and potential customers by means of journalists, editors and influencers in all type of traditional and social media. It has been quantified that PR is x8 more effective that advertising, but in today’s massive mix of multi-channel and fragmented media world, the complexity has increased considerably for creating content together with well-segmented and timely distribution of press releases. Full-Service Providers (FSPs) act as one-stop-shop for the entire lifecycle of press releases but are prohibitively expensive for most SMEs, which must coordinate and manage several specialised tools to cover their needs. This problem significantly increases during the internationalisation of these companies when handling press releases in different languages. The technology developed by FSPs still relies on internal staff to service their clients, making the service expensive and not available 24/7. Our PRsuite is the only service that has automated the entire lifecycle of press releases. We are now incorporating Artificial Intelligence (AI) analysis for augmenting the capabilities of PR professionals to open a new generation of press releases. We are not competing against FSPs, but several of them are our distribution partners as we allow them to open and serve the largest customer segment: start-ups and SMEs. Reaching a market share of 0.51% of all the EU-28 SMEs already exporting to other countries inside the EU, we estimate €84.56m accumulated revenue, €48.96m accumulated profit and 85 new jobs created.

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

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