Project description
Streamlining event planning with the help of artificial intelligence
Successful event planning rests on how well each detail is planned and managed. It entails a number of tasks, some occurring simultaneously, and requires collaborative efforts between internal teams and external event services using an array of digital software solutions. Jumping from one software to the next is time-consuming and can cause inefficiencies, delays and mistakes in the workflow. The EU-funded EventAI project is conducting a feasibility study to verify the technical, commercial and financial viability of a platform for managing and optimising event planning. Using artificial intelligence, the platform enables the seamless organisation of events intelligently, allowing professionals to access and manage all their event information and processes from one place.
Objective
EventAI is a revolutionary AI platform for managing and optimising event planning. It enables seamless organisation of events intelligently providing data analytics, professional network access, native processing tools (i.e. text processor, email server) and integrating numerous external tools via APIs. Using EventAI Event Managers and professionals can access and manage all their information and processes from one place. EventAI uniqueness lies in its underlying system architecture, the first of its kind, that includes technology such as Graph Model Databases, Microservices Architecture that runs on Kubernetes Clusters, API-first approach built on the new GraphQL Language and 256-bit SSL certificate data encryption, among others.
EventAI is game changing in that it creates a network of event professionals and vendors thus enabling the first global online market for supply and demand in the Event Management industry that is expected to spend up to €11 billion on software growing at CAGR of 11.6% - showcasing clear market need for an innovative product like ours.
Our research has shown that EventAI platform increases planning efficiency by 30-50%, reduces time spent on repetitive tasks by 25%; provides Event Managers with the ability to compare supplier prices in real time; increases competition by having all the stakeholders in one place; and reduces complexity and inefficiency by seamlessly integrating external APIs. Our solution comes at 1/10 of the price of a high-level event management software while it increases job growth by 2-3% through improving competitiveness and transparency in the entire event industry.
EventAI project is situated at level 6 on the TRL scale. We therefore propose a Feasibility Study to verify the technical, commercial and financial viability of the EventAI platform with a view to continue to a Phase 2 application of the SME Instrument.
Fields of science
- natural sciencescomputer and information sciencesartificial intelligence
- natural sciencescomputer and information sciencescomputer securitydata protection
- natural sciencescomputer and information sciencessoftwaresoftware development
- social scienceseconomics and businessbusiness and managementcommercee-commerce
- natural sciencesmathematicspure mathematicsdiscrete mathematicsgraph theory
Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1Coordinator
1308 KOBENHAVN
Denmark
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.