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VOQAL.AI; A COLLABORATIVE OPEN SOURCE AND MULTILINGUAL PLATFORM FOR COST EFFECTIVE CHATBOTS AND VIRTUAL ASSISTANTS DEVELOPMENT

Objective

Humankind has progressed quite a lot with building machines that it can talk to, and that respond with something resembling natural speech. The society is in a transition point where voice and natural-language understanding are suddenly at the forefront.At the same time, mobile usage is growing worldwide and so mobile shopping. Conversational commerce , a.k.a. conversional shopping, is a trend emerged from the use voice search via mobile personal assistants. It transforms all interactions with a brand or merchant into a natural conversation – from shopping assistance to customer support.
The introduction of voice search was just the beginning. In fact, companies are starting to have a more conversational approach online using messaging, digital assistants, chat apps and automated, machine learning dialogue to engage with the consumer, offering them the opportunity to interact with brands and services (chatbots and vocal assistants).
In fact, speech recognition market is expected to grow from $ 3.73 Billion in 2015 to reach $ 9.97 Billion by 2022 (at a CAGR of 15.78% during the period), whereas voice recognition market growth is expected from $ 440.3 Million in 2015 to $ 1.99 Billion by 2022 (CAGR of 23.66% between 2016 and 2022).
PERTIMM has detected a growing demand from Internet users and buyers for cost-effective, neutral and privacy-friendly services and from chatbot developers for platforms that support fast and cost effective chatbots development. VOQAL.AI main objective is to accelerate the use of the first European multilingual vocal assistant, collaborative, open-source platform for e-commerce, as first segment market, that guarantees Human Machine Communication (HMC), whereas granting independency of GAFAs (Google, Apple, Facebook and Amazon) data treatment and privacy.
VOQAL.AI users will reduce between 80-90% of the cost and time in the chatbot development with an improvement by 200% the commercial conversion rate of ecommerce organizations.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

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.

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.

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.

(opens in new window) H2020-SMEInst-2016-2017

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Coordinator

PERTIMM DEVELOPPEMENT
Net EU contribution

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.

€ 1 050 000,00
Address
BOULEVARD VOLTAIRE 51
92600 Asnieres Sur Seine
France

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Ile-de-France Ile-de-France Hauts-de-Seine
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

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.

€ 1 500 000,00
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