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Data Intelligence for Accurate and Transparent Expert Real Estate Valuation

Objectif

DataScience Service GmbH (DataScience Service) is an Austrian RE-tech company that was founded in 2016 with the aim to make real estate property valuation more accurate and transparent. ImmAzing, our in-house developed Automated Valuation Model (AVM) software is based on hedonic statistic prediction models that are fed with useful geographical, sales and property data from external sources. By applying Machine-Learning algorithms and Big Data approaches, ImmAzing allows banks, real estate brokers and professional appraisers to determine the objective value range for any residential property in a faster and more accurate and transparent way, by taking away the tedious processes of data collection and data manipulation.

Today, ImmAzing provides the official residential property price index for the Austrian National Bank (OeNB) and, since September 2017, it has been launched into the Austrian Real Estate market, serving banks, real estate brokers, funds and investors and professional appraisers and helps them to increase the accuracy, transparency, and operational efficiency of the property valuation process.

With this project we want to extend the technical features and datasets of ImmAzing, improve user experience and prepare ImmAzing for expansion towards the DACH countries and Central and Eastern Europe (CEE). Commercial launch in 2021 is expected to boost our annual sales revenues in 2025 to €20.8 Million and extend our company to 28 employees.

Appel à propositions

H2020-EIC-SMEInst-2018-2020

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Sous appel

H2020-SMEInst-2018-2020-1

Régime de financement

SME-1 - SME instrument phase 1

Coordinateur

DATASCIENCE SERVICE GMBH
Contribution nette de l'UE
€ 50 000,00
Adresse
ALSER STRASE 21/6
1080 WIEN
Autriche

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PME

L’entreprise s’est définie comme une PME (petite et moyenne entreprise) au moment de la signature de la convention de subvention.

Oui
Région
Ostösterreich Wien Wien
Type d’activité
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Liens
Coût total
€ 71 429,00