Explore the words cloud of the BrainMatter project. It provides you a very rough idea of what is the project "BrainMatter" about.
The following table provides information about the project.
Coordinator |
BRAINCREATORS BV
Organization address contact info |
Coordinator Country | Netherlands [NL] |
Project website | https://www.braincreators.com/ |
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 2019-05-01 to 2019-08-31 |
Take a look of project's partnership.
# | ||||
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1 | BRAINCREATORS BV | NL (AMSTERDAM) | coordinator | 50˙000.00 |
Artificial Intelligence (AI) appears to be the next big thing that will contribute immensely to businesses’ growth and change the rules of competition, as demonstrated by the growing AI for enterprise applications, a market expected to reach €5.8 billion by 2024. Current AI and ML models are trained via supervised learning, in which manually labeled data is fed into AI models such as regression algorithms. Labeling huge datasets, however, need a lot of human interaction, attention, and effort, which slows down productivity, is prone to errors and, more importantly, very costly.
Our company, BrainCreators, is well paired to address this issue. We deliver innovative AI solutions and to date have accelerated >40 companies in their root cause analysis, language interpretation, predictive maintenance, and quality control related projects. Our innovation, BrainMatter, is a unique enterprise-grade lean AI platform that will offer businesses, and their data scientist teams, a fully customizable data processing solution, that streamlines the full AI lifecycle from the creation of high quality, large data sets to the training and deployment of AI models. It is applicable for a diverse range of data - image recognition, audio, text, video, time series, sensor data. Our innovation is customizable, self-learning, and in line with lean principles, improves accuracy with continuous model training. At the management level, BrainMatter will enable companies to save costs, speed up the labeling process, give control over the process with a customizable dashboard, and improve security through on-premise usage. At the implementation level, it will support data scientists and empower them to dedicate more time towards high-value-added tasks. After five years of exploitation, we expect BrainMatter to boost our revenues to €17.6 million (with an ROI above 3 euro per euro invested), creating 78 direct and over 2,000 indirect jobs in the process.
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The information about "BRAINMATTER" are provided by the European Opendata Portal: CORDIS opendata.