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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.

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

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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