Objective
"Verbio was born as a speech technology company in 1999. We are revolutionizing communication between people and computers – allowing people to communicate naturally with machines. We are the first European company in adapting Deep Neural Networks (DNN) to speech and text, which makes us the champions in telephony and at the centre of cognitive technology.
Our investment in R&D has provided us with the best results in the industry in terms of accuracy, noise robustness and voice biometrics. A patent is protecting our innovations: Natural and Secure Conversational Software.
Real-time DNN and analytics will shortly be at the pinnacle. IoT-connected contact centres will be collaborating and analysing what one is saying to another.
Verbio Pay-me-attention: As humans, we know to who we have to pay attention when several persons speak at the same time. Bots must also know who is the main actor of the conversation. And Verbio with Blind Source Separation (BSS) and Primary Motor Area (PMA) is giving to IoT the capacity of discernation.
This is of paramount importance for mobile chatbots, autonomous cars, shopping assistants, web assistants, wearables and robots, as by 2020, 85% of interactions with clients will no longer have any human intervention.
Reports forecast a market value of $7.1 trillion by 2020 for IoT, and specifically ""Speech & Voice Recognition Market“ indicates US$ 11.96 Billion by 2022.
Our customers (CISCO, HUAWEI, HP, SOFTBANK…) are looking for voice solutions that can be easily integrated within their applications. It is not practical to offer large up-front licensing costs and complex licensing requirements.
We have a flexible cloud based SaaS model, 90% cheaper than competing services (0.02€/transaction).
For the last 4 years Verbio has been growing 30% year over year in revenue. We project our growth to reach €57 million by 2023. Our specialized team is expected to grow dynamically while we expand our international presence (EU, US and LATAM)."
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 mechanical engineering vehicle engineering automotive engineering autonomous vehicles
- natural sciences computer and information sciences software software applications system software operating systems
- social sciences economics and business business and management business models
- engineering and technology electrical engineering, electronic engineering, information engineering information engineering telecommunications mobile phones
- natural sciences computer and information sciences artificial intelligence computational intelligence
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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-2 - SME instrument phase 2
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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.
08011 BARCELONA
Spain
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.