Project description
Smart AI software boosts industry–academia collaboration
Despite substantial investments in academic research in Europe, commercial exploitation of knowledge is still lacking. Companies find it challenging to find and engage the right person with sound knowledge on a specific technology. The EU-funded ScienceRouter project is supporting Machine Intelligence Sweden AB in developing technology that makes it easier to connect industry and researchers. The AI-powered tool, called ScienceRouter, should render results about 14 times faster compared to current solutions and at a lower cost. Apart from analysing open-data research articles, patents and university websites to create an accurate profile of the researcher, ScienceRouter facilitates all other aspects of the collaboration including legal aspects and payments.
Objective
About 50% of European sectors can be considered R&D-intensive. These industries account for 26% of employment and 39% of GDP within the EU. To stay competitive, companies must dedicate considerable amounts of human and financial resources in R&D. But R&D is not only done internally: collaboration between industrial and academic worlds is essential. However, knowledge transfer between researchers and industry is hampered by the lack of efficient tools for matching companies with the right researchers or organizations.
There is not an easy way to match companies with the most adequate researcher. Some IT solutions exist allowing companies to make manual explorations to find researchers: article search engines (Google Scholar), research analytics platforms (MonoCl), professional and academic networks (ResearchGate, LinkedIn). These search engines are not optimised with the purpose of finding individuals based on their knowledge. Limited to a group of keywords, they rely on the information shared by the researchers and do not facilitate the establishment and management of the collaboration.
Machine intelligence Sweden has developed ScienceRouter (SR), a machine learning web-based software that finds perfect matches between companies and researchers. It allows for long free text searches, unlocking 18 million open access research articles, which are continuously updated. SR also facilitates contracts and payments, reducing the on-boarding time and cost by 92%.
The Feasibility Study for this project will take 5 months and focus on an in-depth market study, technical validation and the development of a final business plan to take us to market.
SR opens up the market for contractual research projects and technical consulting opportunities valued globally at €15.3 B, from which we are targeting a market of €205 M per year, i.e. 1,3%. With this model and the successful completion of the innovation project, we estimate an EBITDA of €22.3M creating 60 jobs by 2024.
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.
- natural sciences computer and information sciences software
- natural sciences computer and information sciences databases
- natural sciences computer and information sciences artificial intelligence machine learning deep learning
- social sciences economics and business business and management employment
You need to log in or register to use this function
We are sorry... an unexpected error occurred during execution.
You need to be authenticated. Your session might have expired.
Thank you for your feedback. You will soon receive an email to confirm the submission. If you have selected to be notified about the reporting status, you will also be contacted when the reporting status will change.
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.
-
H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
See all projects funded under this programme -
H2020-EU.3. - PRIORITY 'Societal challenges
See all projects funded under this programme -
H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
See all projects funded under this programme
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
See all projects funded under this funding scheme
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
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.
402 24 Goteborg
Sweden
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.