Objective
"Virtual reality (VR) is a long awaited technology which can be named as #1 media to influence the way how modern society will consume video content in the future. Up to 400 million consumers will become the audience for VR content until 2020.
However, there is a grass-root problem with VR content generation as there are no viable solutions for the masses to produce their own videos.
Current solutions to create VR videos are underlying some substantial barriers with regard to the current state of technology. To produce such videos is either a) very expensive, or b) requires extensive knowledge and work, and can thus only be done by professionals.
Absolute Zero (AZ) is a first-of-its-kind VR camera designed to solve exactly this substantial problem from scratch, by enabling a mass audience of private and business customers to record own VR content in a simple fashion and a highly-defined quality.
By developing a novel system architecture, we integrate cloud-based data processing as a natural extension to the actual hardware, which allows us to gain a disruptive competitive advantage with respect to the rest of the VR camera industry. Our technology leads to five key differentiating improvements:
1) Significant reduction of hardware costs of up to 60%
2) Practically unlimited processing power
3) Infinitely scalable storage space
4) Less power consumption
5) Post-sale implementation of new functionalities
In Phase 1, we will execute a feasibility study in order to identify remaining economical, legal, and operational barriers, and to develop the right strategy for a further proceeding. A subsequent goal is to address and eradicate these shortcomings within Phase 2, in order to bring the technology to maturity, and to build up a business side for an effective go-to-market."
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering sensors optical sensors
- social sciences political sciences political policies civil society
- natural sciences computer and information sciences software software applications virtual reality
- natural sciences computer and information sciences data science data processing
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
2400 KOBENHAVN
Denmark
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.