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Unlocking the potential of machine learning for SMEs by automated machine learning

Project description

Easy, affordable access to the most advanced machine learning methods

Today’s business managers base their decisions on an enormous amount of reliable data integrated into business processes and customer demands. Machine learning (ML) has become the most helpful technology, especially for smart, data-driven industries enabling automatisation of many of those processes. However, SMEs lack the necessary expertise for customising ML methods. For this reason, the EU-funded AutoML project will prove an affordable, automated machine learning (AutoML) method to enable efficient implementing of most advanced ML applications. The goal will be to automatically elaborate and use the user’s data. The AutoML will use a prototype developed by the ERC-funded BeyondBlackbox project. It will be adapted into a professional prototype for implementation in an industrial setting.

Objective

Machine learning has become a key technology for modern data-driven industrial applications. This success is built on recent research advances in the field of artificial intelligence and more specifically was enabled by key advances in machine learning. Unfortunately, the performance of many machine learning methods is very sensitive to a myriad of design decisions and thus requires a significant amount of machine learning expertise which is often rare and makes this technology inaccessible for small and medium-sized companies that cannot afford their own team of machine learning experts. My ERC grant BeyondBlackbox on automated machine learning (AutoML) addresses this problem from a research perspective. In it, my team and I developed methods which systematically and efficiently adapt and tune machine learning pipelines and implemented them into a research prototype. This resulting research prototype, in principle, allows ML novices easy and affordable access to the most advanced ML methods, automatically customized for the user's own data, and with this research prototype, my team and I have won several competitions, including competitions against up to 130 teams of human ML experts. The potential economic impact is substantial since AutoML technology saves computational resources and human time and therefore reduces the cost of creating value from ML. In this POC project, I and my team will transform our existing research prototype to a professional prototype, perform a technical validation, perform market research and build up business contacts to evaluate this prototype in an industrial setting. Furthermore, we will develop a sustainable business model and assess ways of commercializing the advances made in my ERC grant in order to bring them to market.

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.

ERC-POC-LS - ERC Proof of Concept Lump Sum Pilot

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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) ERC-2019-PoC

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Host institution

ALBERT-LUDWIGS-UNIVERSITAET FREIBURG
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.

€ 150 000,00
Address
FAHNENBERGPLATZ
79098 Freiburg
Germany

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Region
Baden-Württemberg Freiburg Freiburg im Breisgau, Stadtkreis
Activity type
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.

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Beneficiaries (1)

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