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Bringing to the market a new generation of AI-powered Media Monitoring Tools

Project description

The future of media monitoring

Twenty years ago, media monitoring consisted mainly of newspaper clippings. Today, it demands watching, listening and closely following the output of print, online and broadcast media. With the increased demands of the job, many media monitoring companies have expanded their teams. The EU-funded NEOSIGHT project is taking another approach. It is a real-time cross-lingual global media monitoring platform that can deliver actionable insight beyond the human scale. According to the project, this platform can continuously ingest massive multilingual data sources and automatically translate, filter, categorise and generate intelligence reports for media monitoring professionals. The platform is also compliant with EU data protection and copyright legislations.

Objective

Media Monitoring is the systematic recording of media output related to a specific target, its activities and topics of interest.
With the galloping growth of sources, many media monitoring companies have addressed this issue by increasing human resources. However, human expertise which should be focused in advanced analysis is being wasted on time-consuming mechanical tasks.
Current commercial solutions peddle the use of “Artificial Intelligence”, but they are still highly dependent on human expertise to filter out irrelevant content.
Building on 3 years of cutting-edge AI research funded by H2020, our company Priberam, has developed NEOSIGHT: a real-time crosslingual global media monitoring platform which delivers actionable insight beyond human-scale. Our system continuously ingests massive multilingual data sources and automatically translates, filters, categorizes and generates intelligence reports for media monitoring professionals, based on a scalable SaaS business model.
The worldwide market for media monitoring is valued at US$2.23 bn (2017), with an expected CAGR of 13,6% until 2022.
NEOSIGHT was co-created with end-users at BBC Research and Deutsche Welle and we have focused on GDPR and the new EU Copyright legislation, making it the first media monitoring tool compliant-by-design (in opposition to the majority of competitor solutions, which are US-based and not centred in these issues).
Priberam has developed the best legal access software for Portugal and the most prestigious online dictionary, grammar and semantic search tools, which have been licensed to Amazon, Kobo and Microsoft. Some of our current clients are potential clients of NEOSIGHT: we support the main media groups in Portugal, Spain (El País) and Brazil (Folha de São Paulo) and our team of 24 generated a turnover of 1,4M€ in 2018.
We believe that NEOSIGHT will bring Media Monitoring to a new disruptive level, and place European technology in the lead of AI-powered Media Monitoring tools

Fields of science (EuroSciVoc)

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Programme(s)

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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.

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

PRIBERAM INFORMATICA SA
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
ALAMEDA D AFONSO HENRIQUES 41 2
1000-123 Lisboa
Portugal

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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
Continente Área Metropolitana de Lisboa Área Metropolitana de Lisboa
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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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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