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fonYou

Technology platform for telecom carriers to identify and predict mobile user behaviour by means of analytics and deep learning

Total Cost €

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EC-Contrib. €

0

Partnership

0

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 fonYou project word cloud

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

service    models    exploitative    pushing    revenue    marketing    competitive    lack    customer    asset    mnos    invest    connectivity    revenues    cessing    personalize    sources    competitors    eroding    ai    digital    income    addressable    players    commerce    time    bases    daily    carriers    offers    sell    segmentation    decrease    internet    machines    services    communication    position    additional    ac    render    operators    hyper    platform    look    monetizing    transforms    campaigns    flooded    automated    pressure    don    sitting    telecom    mine    dmap    csps    data    business    sales    network    providers    13    underutilized    shift    subscriber    whatsapp    billions    solution    market    36    generate    unexploited    generates    billion    basic    automates    gold    ecosystem    google    intelligence    veritable    adapt    facebook    massive    world    fortunately    industry    declined    customers    turns    serve    telecommunications    intelligent    commercial    transform    generation   

Project "fonYou" data sheet

The following table provides information about the project.

Coordinator
FONYOU TELECOM SL 

Organization address
address: CALLE VELAZQUEZ NUM 94 PLANTA 3
city: MADRID
postcode: 28006
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 Spain [ES]
 Project website https://fonyou.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 2019-06-01   to  2019-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    FONYOU TELECOM SL ES (MADRID) coordinator 50˙000.00

Map

 Project objective

Communication Service Providers (CSPs) are facing ever growing pressure from digital players such as Facebook, Google and Whatsapp who are eroding their ability to sell services beyond basic connectivity. CSPs are still operating based on traditional commercial models based on high level segmentation, generic marketing campaigns and lack of user knowledge. Revenues per customer have already declined by between 13-36% across the world and will further decrease if they don’t transform their existing business models into fully digital, automated and intelligent e-commerce machines that can serve their users like the other digital players. MNOs must look for additional sources of income and adapt their business models to remain competitive in their ecosystem flooded with competitors, most recently from over the top services. They need to shift their business activity towards a more customer focus rather than data pushing. Fortunately, carriers are sitting on a veritable gold mine. With large subscriber bases, the industry generates rich data on customer activity as a by-product of its daily business. Monetizing this underutilized asset could generate billions in revenue and render operators more competitive. DMAP is an enabling technology that transforms the telecom carriers’ product distribution by enabling them to hyper-personalize offers to users in real-time based on customers behaviour. The technology turns massive, unexploited data generated by users when ac cessing the internet over the carriers’ network into commercial exploitative data. The platform allows carriers to generate new revenue through greater “subscriber intelligence”. The telecommunications industry is expected to invest €6.4 billion in AI that automates revenue generation and sales. DMAP is a unique solution well position to exploit this large addressable market.

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

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