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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.

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

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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