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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.

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

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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