Project description
An innovative smart-data provider for advertising
As a field, marketing and specifically digital marketing has been experiencing a huge growth in recent years. Consequently, there is a growing need for novel ideas. Successful marketing relies on understanding customer interest and creating appropriate actions targeting that interest. Currently, keyword-based solutions occupy this space. However, such solutions offer an accuracy of only 63 %. The EU-funded ADMANTX project is introducing a smart-data provider of the same name that can analyse and understand customer behaviour with better accuracy and then commit to advanced brand planning and improved targeting in digital advertising.
Objective
Audience profiling is one of the key activities for marketers and brands in order to deter-mine interest profiles of their customers and their propensity to click/buy and therefore make smarter business decisions. Profiling is used in many areas, from e-commerce, to customer management and digital advertising (a market that moves over $228 billion worldwide). However, keyword-based current solutions come short in terms of accuracy (only 63% of context understanding the human way), while solutions using third-party data will become obsolete with the GDPR coming in action this May. ADmantX is a smart data provider that facilitates advanced brand planning and targeting within the digital advertising industry. We have 20 years of experience in context analysis for targeted online advertising, using semantic tools and proprietary patented NLP technology that makes our solution the most efficient on the market, understanding and analysing consumer data in a human-like manner. Our AI profiling is using a combination of semantic + keyword based analysis and including an emotional and sentiment module we can obtain 95% accuracy, increase by 200% CTR, and by 300% brand awareness. Furthermore, by basing our solution in first-party customer data only, we are the only EU-company that is fully GDPR compliant. AI Profiling results have been consolidated with initials A/B tests with major companies from our current clients (Sky Italy) and our focus in now on providing better visualization tools, scaling, integrating with major bidding platforms and reach new markets outside EU, getting a €5 million accumulated profit and 2,38 ROI by year 5.
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.
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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.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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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-1 - SME instrument phase 1
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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-EIC-SMEInst-2018-2020
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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.
80143 NAPOLI
Italy
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.