Data Intelligence for Accurate and Transparent Expert Real Estate Valuation

Projektinformationen

ImmAzing

ID Finanzhilfevereinbarung: 816100

DOI 10.3030/816100

Abgeschlossenes Projekt

EK-Unterschriftsdatum 27 April 2018

Startdatum 1 Mai 2018

Enddatum 31 August 2018

Finanziert unter

• INDUSTRIAL LEADERSHIP - Innovation In SMEs

Gesamtkosten € 71 429,00

EU-Beitrag € 50 000,00

Koordiniert durch

DATASCIENCE SERVICE GMBH
Austria

Ziel

DataScience Service GmbH (DataScience Service) is an Austrian RE-tech company that was founded in 2016 with the aim to make real estate property valuation more accurate and transparent. ImmAzing, our in-house developed Automated Valuation Model (AVM) software is based on hedonic statistic prediction models that are fed with useful geographical, sales and property data from external sources. By applying Machine-Learning algorithms and Big Data approaches, ImmAzing allows banks, real estate brokers and professional appraisers to determine the objective value range for any residential property in a faster and more accurate and transparent way, by taking away the tedious processes of data collection and data manipulation.

Today, ImmAzing provides the official residential property price index for the Austrian National Bank (OeNB) and, since September 2017, it has been launched into the Austrian Real Estate market, serving banks, real estate brokers, funds and investors and professional appraisers and helps them to increase the accuracy, transparency, and operational efficiency of the property valuation process.

With this project we want to extend the technical features and datasets of ImmAzing, improve user experience and prepare ImmAzing for expansion towards the DACH countries and Central and Eastern Europe (CEE). Commercial launch in 2021 is expected to boost our annual sales revenues in 2025 to €20.8 Million and extend our company to 28 employees.

Wissenschaftliches Gebiet

• natural sciences › computer and information sciences › software
• natural sciences › computer and information sciences › data science › big data
• social sciences › economics and business › economics › monetary and finances
• natural sciences › computer and information sciences › artificial intelligence › machine learning
• social sciences › political sciences › government systems

Programm/Programme

• H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs Main Programme
• H2020-EU.3. - PRIORITY 'Societal challenges
• H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies

Thema/Themen

• EIC-SMEInst-2018-2020 - SME instrument

Aufforderung zur Vorschlagseinreichung

H2020-EIC-SMEInst-2018-2020

Andere Projekte für diesen Aufruf anzeigen

Unterauftrag

H2020-SMEInst-2018-2020-1

Finanzierungsplan

SME-1 - SME instrument phase 1

Koordinator

DATASCIENCE SERVICE GMBH

• Netto-EU-Beitrag: € 50 000,00
• Adresse: ALSER STRASE 21/6 ; 1080 WIEN ; Österreich
• KMU Die Organisation definierte sich zum Zeitpunkt der Unterzeichnung der Finanzhilfevereinbarung selbst als KMU (Kleine und mittlere Unternehmen). Ja:
  Region
  Ostösterreich › Wien › Wien
• Region: Ostösterreich › Wien › Wien
• Aktivitätstyp: Private for-profit entities (excluding Higher or Secondary Education Establishments)
• Gesamtkosten: € 71 429,00