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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.

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

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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