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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.

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

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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