Project description
Streamlining event planning with the help of artificial intelligence
Successful event planning rests on how well each detail is planned and managed. It entails a number of tasks, some occurring simultaneously, and requires collaborative efforts between internal teams and external event services using an array of digital software solutions. Jumping from one software to the next is time-consuming and can cause inefficiencies, delays and mistakes in the workflow. The EU-funded EventAI project is conducting a feasibility study to verify the technical, commercial and financial viability of a platform for managing and optimising event planning. Using artificial intelligence, the platform enables the seamless organisation of events intelligently, allowing professionals to access and manage all their event information and processes from one place.
Objective
EventAI is a revolutionary AI platform for managing and optimising event planning. It enables seamless organisation of events intelligently providing data analytics, professional network access, native processing tools (i.e. text processor, email server) and integrating numerous external tools via APIs. Using EventAI Event Managers and professionals can access and manage all their information and processes from one place. EventAI uniqueness lies in its underlying system architecture, the first of its kind, that includes technology such as Graph Model Databases, Microservices Architecture that runs on Kubernetes Clusters, API-first approach built on the new GraphQL Language and 256-bit SSL certificate data encryption, among others.
EventAI is game changing in that it creates a network of event professionals and vendors thus enabling the first global online market for supply and demand in the Event Management industry that is expected to spend up to €11 billion on software growing at CAGR of 11.6% - showcasing clear market need for an innovative product like ours.
Our research has shown that EventAI platform increases planning efficiency by 30-50%, reduces time spent on repetitive tasks by 25%; provides Event Managers with the ability to compare supplier prices in real time; increases competition by having all the stakeholders in one place; and reduces complexity and inefficiency by seamlessly integrating external APIs. Our solution comes at 1/10 of the price of a high-level event management software while it increases job growth by 2-3% through improving competitiveness and transparency in the entire event industry.
EventAI project is situated at level 6 on the TRL scale. We therefore propose a Feasibility Study to verify the technical, commercial and financial viability of the EventAI platform with a view to continue to a Phase 2 application of the SME Instrument.
Fields of science (EuroSciVoc)
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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.
1308 KOBENHAVN
Denmark
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.