CORDIS - EU research results
CORDIS

Develop an innovative computer system which understands contractual documents by applying artificial intelligence

Project description

Innovative solution for contract management

Most small and medium-sized enterprises (SMEs) do not have the contractual and legal knowledge to understand contracts. There’s a need for an Innovation Associate able to develop natural language processing algorithms using machine learning and deep learning technology. With this in mind, the EU-funded Computer Linguist project will develop a contract management solution to provide understanding and interpretation of contracts. The project will develop a smart service that will be self-learning and capable of understanding contracts from several sources (procurements, sales and projects) and provide legal advice. The solution is designed to be suitable for all SMEs globally and any contract.

Objective

Ginkgo Analytics want to develop a contract management solution which understands and interprets contracts from different sources (e,g. procurement, sales, projects, Human Resources). This solves the problem that contractual and legal knowledge is rarely available in sufficient capacity in most SMEs. Therefore a smart service is developed which is self-learning and understand contracts and provides legal advise. To achieve this goal an Innovation Associate is required which is capable to develop natural language processing algorithms using machine learning and deep learning technology. The solution can be used by all SMEs globally and can be applied to all contracts which manage value generation with a total volume of several Trillion EUR.

Call for proposal

H2020-INNOSUP-2018-2020

See other projects for this call

Sub call

H2020-INNOSUP-2019-02

Coordinator

GINKGO ANALYTICS GMBH
Net EU contribution
€ 100 000,00
Address
ZEUGHAUSMARKT 33
20459 Hamburg
Germany

See on map

SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Hamburg Hamburg Hamburg
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost
€ 137 500,00