Project description DEENESFRITPL Boosting corporate innovation efficiency The EU stands as a global leader in generating exceptional scientific research. However, it requires assistance in transforming these endeavours into commercial successes. To reduce the time dedicated by industry researchers to tasks such as data searching, aggregation and cleaning by 30 %, European corporations are in need of a secure and scalable digital R&D team member. This team member should possess the capability to read, analyse and independently extract insights from data. The project The Digital R&D team member, funded by the European Innovation Council, puts forward a comprehensive and scalable plan for European innovation. This proposal is built upon nearly 6 years of research, coupled with initial steps in commercialisation, all at the forefront of machine learning and natural language processing. Show the project objective Hide the project objective Objective The European Union is a global leader when it comes to producing brilliant science, but struggles to commercialize it. We offer one part of a solution, to increase corporate innovation efficiency by 5-10%. To remove the current 30% of industry researchers' time wasted on searching for, aggregating and cleaning data, European corporates need a Digital R&D team member who can read data, analyze content and develop insights autonomously in a secure, protected and scalable way. This has not been possible until now, but after almost 6 years of research and development and early commercialization on the forefront of Machine Learning and Natural Language Processing, we are in the right position to complete and scale a unique European innovation. Our solid traction with corporate Proof of Concept clients proves a serious market need. The Iris.ai team has a strong female CEO, a powerful co-founder team, and 20 team members across Europe, dedicated to their for-profit for-impact mission. Fields of science natural sciencescomputer and information sciencesdata sciencenatural language processingnatural sciencescomputer and information sciencesartificial intelligencemachine learning Keywords Artificial intelligence Applied science Corporate innovation R&D Search and detection Programme(s) HORIZON.3.1 - The European Innovation Council (EIC) Main Programme Topic(s) HORIZON-EIC-2022-ACCELERATOROPEN-01 - EIC Accelerator Open Call for proposal HORIZON-EIC-2022-ACCELERATOR-01 See other projects for this call Funding Scheme HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance Coordinator IRIS AI AS Net EU contribution € 1 447 352,03 Address MICHELETS VEI 54B 1368 STABEKK Norway See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Norge Oslo og Viken Viken Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 3 436 987,00 Participants (1) Sort alphabetically Sort by Net EU contribution Expand all Collapse all Third-party Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure. IRIS.AI BG Bulgaria Net EU contribution € 939 647,97 Address WILLIAM GLADSTON 54 1000 SOFIA See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Югозападна и Южна централна България Югозападен София (столица) Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 1 354 941,25
