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MoonVision 2.0 SIGNED

Using AI Computer Vision 2.0 for Visual Inspection in the Industry

Total Cost €

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EC-Contrib. €

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Partnership

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 MoonVision 2.0 project word cloud

Explore the words cloud of the MoonVision 2.0 project. It provides you a very rough idea of what is the project "MoonVision 2.0" about.

expensive    market    enormous    fourth    containers    allowed    audi    founder    sacher    hosting    suppliers    recognizing    billion    companies    depending    economy    checks    ranging    consulting    coo    follow    proprietary    image    despite    ba    worked    hardware    rely    inspection    valued    visual    surfaces    types    industries    data    deep    musical    core    hospitality    subscription    works    computer    moonvision    item    acoustics    business    events    platform    revolution    web    phd    machine    environment    payment    technologies    executive    see    2017    florian    tatiana    too    gain    team    members    anyone    developer    algorithms    optics    director    automated    metal    saas    rates    transforming    computation    economics    entrepreneur    small    miba    2008    ceo    triggers    vertical    conventional    ms    amounts    manufacturing    generation    images    machines    holds    renown    recognition    humans    vision    understand    customers    digitization    tracking    inspecting    engineer    ai    amount    waste    learning    detects    optimization    industrial    fueling    error    basis    model    levels    kamil    enter   

Project "MoonVision 2.0" data sheet

The following table provides information about the project.

Coordinator
THE MOONVISION GMBH 

Organization address
address: DONAU-CITY-STRASSE 1
city: WIEN
postcode: 1220
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 Austria [AT]
 Project website https://www.moonvision.io
 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 2019
 Duration (year-month-day) from 2019-02-01   to  2019-07-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    THE MOONVISION GMBH AT (WIEN) coordinator 50˙000.00

Map

 Project objective

'Manufacturing and other companies still rely on humans for visual inspection checks despite the high error rates. This is because automated systems are too general and too expensive and conventional machine vision is too simple. Computer vision and AI can bring the next needed revolution in digitization. They allow machines to see and understand processes in their environment. The AI computer vision platform MoonVision detects item type and amounts on a visual basis using proprietary algorithms and triggers events including the optimization of machines, payment processes or data generation. MoonVision works with a wide range of commonly available hardware and the deep learning algorithms only require a small amount of images and data to learn. MoonVision can be applied in a wide range of industries ranging from inspecting metal surfaces to tracking the types of containers in waste processing. Several renown companies are already using MoonVision including Miba, Audi, Sacher, etc. MoonVision has allowed us to enter the AI image recognition market that was valued at €1 billion in 2017. We could gain the part of the market that is dedicated to recognizing images for industrial applications. We follow an SaaS business model with different subscription levels depending on the vertical. Our customers are different companies in manufacturing, hospitality and anyone who needs visual inspection. The most important types of suppliers are hosting, computation and data suppliers. Our core team has three members. Our CEO and Founder Florian is a web developer and entrepreneur and holds an MS in Economics. The Executive Director and COO Kamil has worked in consulting since 2008 and holds a BA in business. Tatiana is our AI data engineer and holds a PhD in Optics and Musical Acoustics. Advanced technologies are currently fueling the 'fourth industrial revolution,' with the potential of transforming EU industries and creating enormous growth in the European economy.'

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The information about "MOONVISION 2.0" are provided by the European Opendata Portal: CORDIS opendata.

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