Project description
A pioneering customisable data analytics platform handles Big Data in all kinds of use cases
The era of Big Data presents both tremendous opportunities and significant challenges – the potential to leverage greater insight for business decision-making and the difficulty in developing the algorithms necessary to do this in so many varied applications. The Italian SME INNAAS has developed a technology platform, INNAAS Fast-AI Platform, which will help enterprises quickly deploy custom-made AI-driven digital services for a virtually limitless range of real-time business analytics use cases. The EU-funded PerformB project is supporting the team in bringing their pioneering enterprise software to market to maximise performance and business outcomes.
Objective
Inclusive and sustainable industrial development is the primary source of income generation, allows for rapid and sustained increases in living standards for all people, and provides the technological solutions to environmentally sound industrialization. Without technology and innovation, industrialisation will not happen, and without industrialisation, development will not happen. Artificial Intelligence can be considered as the driving force of today’s industrial process and of development in general. SMEs that engage in industrial processing and manufacturing are the most critical for the early stages of industrialisation and are typically the largest job creators. They make up over 90 per cent of business worldwide and account for between 50-60 per cent of employment. However, in EU, AI has not been widely adopted by SMEs for many reasons:
INNAAS has identified an Enterprise Software market’s niche currently not covered by traditional Analytics and Business Intelligence Software Vendors: fast deployment of end-to-end Artificial Intelligence (AI) Services for small and medium enterprises. These solutions could be used for instantly deployment of data-driven services that improve process and people’s daily routine: from sales support to diseases monitoring leveraging insights prediction and insights generation across a wide range of business processes.
INNAAS have developed an end-to-end technology platform (INNAAS Fast-AI Platform) that enables Enterprises to quickly deploy turn-key Artificial Intelligence-driven digital services. The potential use cases of the platform are multiple and range from the national spending review control to the smart mobility and Industry 4.0. Among the different applications targeted by our AI-driven services, the key solution is PerformB, a revolutionary platform that enables AI to deliver the right information at the right time to maximize Performance and Business Outcome like no other solution on the market.
Fields of science
- natural sciencescomputer and information sciencessoftware
- natural sciencescomputer and information sciencesdata sciencebig data
- natural sciencescomputer and information sciencesdata sciencebusiness intelligence
- social scienceseconomics and businessbusiness and managementemployment
- natural sciencescomputer and information sciencesartificial intelligencemachine learning
Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1Coordinator
00198 ROMA
Italy
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.