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The Augnet Platform - Using Internet Protocol as the SMS Data Communication System

Project description

Making sure all messages are received

One in every 20 SMS messages is never received. This means a patient was not reached or a customer never received the authentication code to access their bank. There is a way, however, to ensure the delivery of SMS messages. The EU-funded IP-SMS project will bring to the market a new data communication system to replace the current outdated practices. Specifically, this new system will bypass network operators and provide SMS suppliers with an auditable service at a significantly reduced price point. The network does not require end-user interaction and can integrate with existing infrastructure. A feasibility study will be conducted to determine the probability of, and requirements for, rapid market entry.

Objective

Augnet Ltd, founded by ex-Skype Senior Manager Daniel Gill, has developed a revolutionary data communication system to address the current challenges faced by the Application-to-Person (A2P) SMS industry. With a team of industry and technology expertise, Augnet has advanced this patent-pending technology, “Platform,” to an initial prototype, having demonstrated its functionality with one of the world’s largest SMS aggregators.

The current A2P SMS market, valued at €55bn, enables app owners (banks, booking sites, airlines etc.) to communicate with consumers via SMS, with high message volumes handled through aggregators. SMSs are then sent through network operators such as Vodafone. However, there is deep industry distrust between SMS suppliers and operators due to lack of quality assurance, and in particular, growing controversy over ‘killed’ messages; whereby messages are not sent to users to increase operator profit margins.

With the current delivery process unchanged in 20-years, the industry is ripe for innovation that will rebuild trust and improve service provision. The Augnet data communication system bypasses network operators and provides SMS suppliers with an auditable service at significantly reduced price point. Augnet’s Platform is a backend network that requires no end-user interaction, significantly enhancing scalability and integrating with existing infrastructure. A leading SMS traffic aggregator is already secured and advanced discussions with further organisations are set to generate further positive outcomes.

The proposed feasibility study will extensively evaluate technical and commercial elements of the Augnet Platform, determining the probability and requirements for rapid market entry. Outputs will support the next stage of development, leading to full market launch; unlocking the substantial market opportunity that a trustworthy and significantly cheaper alternative to the current outdated and exploitive market provision provides.

Fields of science (EuroSciVoc)

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Programme(s)

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Topic(s)

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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.

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.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

AUGNET LTD
Net EU contribution

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.

€ 50 000,00
Address
SILVERGARTH 19 BADGERS HILL
GU25 4SA VIRGINIA WATER
United Kingdom

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SME

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

Yes
Region
South East (England) Surrey, East and West Sussex West Surrey
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

€ 71 429,00
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