Data Intelligence for Accurate and Transparent Expert Real Estate Valuation

Informazioni relative al progetto

ImmAzing

ID dell’accordo di sovvenzione: 816100

DOI 10.3030/816100

Progetto chiuso

Data della firma CE 27 Aprile 2018

Data di avvio 1 Maggio 2018

Data di completamento 31 Agosto 2018

Finanziato da

• INDUSTRIAL LEADERSHIP - Innovation In SMEs

Costo totale € 71 429,00

Contributo UE € 50 000,00

Coordinato da

DATASCIENCE SERVICE GMBH
Austria

Obiettivo

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.

Campo scientifico

• natural sciences › computer and information sciences › software
• natural sciences › computer and information sciences › data science › big data
• social sciences › economics and business › economics › monetary and finances
• natural sciences › computer and information sciences › artificial intelligence › machine learning
• social sciences › political sciences › government systems

Programma(i)

• H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs Main Programme
• H2020-EU.3. - PRIORITY 'Societal challenges
• H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies

Argomento(i)

• EIC-SMEInst-2018-2020 - SME instrument

Invito a presentare proposte

H2020-EIC-SMEInst-2018-2020

Vedi altri progetti per questo bando

Bando secondario

H2020-SMEInst-2018-2020-1

Meccanismo di finanziamento

SME-1 - SME instrument phase 1

Coordinatore

DATASCIENCE SERVICE GMBH

• Contribution nette de l'UE: € 50 000,00
• Indirizzo: ALSER STRASE 21/6 ; 1080 WIEN ; Austria
• PMI L’organizzazione si è definita una PMI (piccola e media impresa) al momento della firma dell’accordo di sovvenzione. Sì:
  Regione
  Ostösterreich › Wien › Wien
• Regione: Ostösterreich › Wien › Wien
• Tipo di attività: Private for-profit entities (excluding Higher or Secondary Education Establishments)
• Costo totale: € 71 429,00