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INVIOO SIGNED

INVIOO – data-driven decision-making apps for everyon

Total Cost €

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EC-Contrib. €

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Partnership

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 INVIOO project word cloud

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

accelerator    vast    massive    analytics    companies    don    accelerate    80    artificial    no1    aa    meanwhile    2014    critical    recommendations    millions    extend    innovation    insightful    amounts    internet    things    intelligence    generating    ir    industrial    20       assist    automate    expertise    battle    iiot    company    software    powered    decision    solutions    contextual    miss    total    expert    context    market    ai    secured    time    segment    supporting    insights    validated    ready    uses    start    guides    profits    grade    position    mover    enterprise    leader    predicted    advantage    leadership    252m    bottleneck    bi    data    industrializing    smart    decisions    gigantic    augmented    combinator    manufacturing    trust    business    robots    invioo    vize    team    lives    entrepreneur    platform    started    performance    6bn    50    accessing    rate    2021    first    gartner    deployment    hard    majority    insightwhisper    machines    prestigious   

Project "INVIOO" data sheet

The following table provides information about the project.

Coordinator
ANASEN 

Organization address
address: 183 RUE SAINT-DENIS
city: PARIS
postcode: 75002
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 France [FR]
 Total cost 2˙704˙125 €
 EC max contribution 1˙892˙887 € (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-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-03-01   to  2021-02-28

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ANASEN FR (PARIS) coordinator 1˙892˙887.00

Map

 Project objective

Industrial Internet of Things (IIoT) has started generating massive amounts of insightful data. In 10 years, this should increase the performance of manufacturing processes by up to 20%, extend machines lives by up to 50%, and increase their profits. Today however, the vast majority of business users in industrial companies still don’t have the insights they need to make better decisions. Millions of business users are provided with only 20% of the insights they need, at best, leading to a gigantic decision-making bottleneck. With 20% Insights Rate (IR), organizations miss critical business opportunities. Meanwhile, Gartner predicted Augmented Analytics (AA) will be the future in the Business Intelligence and Analytics market by 2021. AA solutions are developing Artificial Intelligence (AI) to automate insights production but insights produced by robots are hard to trust by business users. Vize Software (Vize S.) on the other side uses AI to assist business users through recommendations. The company has developed the first AI-powered platform smart enough to reason like a data expert and guides the business user with contextual recommendations. It enables to reach 80% IR. This innovation has been recognized by the most prestigious start-up accelerator Y Combinator, supporting the 1.5% top technology entrepreneur. Since 2014, Vize S. has secured a total of €3.252M and built a team with expertise in AI, software development and manufacturing analytics. After 4 years of development, market is validated and Vize S. is now ready for industrializing its innovation into an enterprise-grade platform: InsightWhisper and become the next No1 leader of BI&A. In this context, INVIOO project will provide a first-mover advantage and make Vize S. ready for the AA battle in 2021. Focusing on the industrial segment (€6Bn immediate market), INVIOO will accelerate the go to market and help accessing enterprise-wide deployment to establish leadership position, one use case at a time.

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

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