Project description
High-fidelity digitisation of the world
Current digital maps of the world are in need of much higher accuracy and reliability in developing applications that need to approximate real conditions as closely as possible. The Nomoko project is based on digital maps developed from high-fidelity digital cameras and 3D unique software to make the physical world machine-readable and allow clients to build solutions based on reality. Nomoko adds to the 3D images large-scale information processed by its platform for immediate and accurate images of requested data. It works on a platform as a service (PaaS) model and shared revenues, and its models are useful across several sectors, particularly in smart city and urban planning industries.
Objective
Nomoko is a Swiss start-up whose solutions to automatically create “Artificial Reality” have received numerous public recognitions. It brings innovation to the digital mapping market, which, although expected to reach € 7.17 billion by 2025, is looking for alternatives to the current accuracy and reliability constraint of digital maps at a cost-effective price.
Based on a digital ultra-accurate 3D model of the Earth, Nomoko offers a platform with the best virtualization of the reality, dynamic interaction with the data and fully customizable scenarios for simulation that enables building digital solutions and products rooted in “reality”. The 3D model is created from an in-house developed ultra-accurate digital camera, the 3D software is a proprietary 3D modelling pipeline capable of processing petabytes of data and enhancing the models with intelligence, and the platform is a cloud-based engine turning the world from a static model to a dynamic one.
Nomoko’s business model follows a Platform as a Service (PaaS) strategy complemented by a shared revenues approach, differentiating itself from its competitors, whose solutions and business models are several steps behind (only PaaS, 3D model accuracy in the 1mm to 1cm range).
Technological and market assessment highlight that volumetric city-based 3D data and digital 3D models are a trend to follow. The photorealistic, ultra-accurate nature of Nomoko’s 3D environments provide the key building blocks for a variety of cross-industry products, especially for the Autonomous car, Gaming, Construction & Architecture and Smart Cities & Urban planning industries, contributing also to the creation of a new market for products built on real-world based 3D data.
Financial projections show promising net sales reaching 118 MM €, continuous increasing gross income over 95MM € by 2025.
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.
- engineering and technology mechanical engineering vehicle engineering automotive engineering autonomous vehicles
- engineering and technology civil engineering urban engineering smart cities
- natural sciences computer and information sciences software
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering sensors optical sensors
- social sciences economics and business business and management business models
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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-2 - SME instrument phase 2
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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.
8048 ZURICH
Switzerland
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.