Objective
Video monitoring is a large and growing market expected to reach a market volume of $71.28 billion by 2022 and has 16.56% annual growth rate. After performing an extensive market analysis, and evaluating feedback from existing customers, Mobilus decided to focus on the baby monitoring vertical due to the large market size and the inability of the current solutions to address the needs of the users, especially working parents.
The number of working mothers and working hours are growing exponentially, which creates the problem that the time spent with the babies is steadily decreasing. According to scientific surveys almost 80% of working moms feel guilty about leaving their children at home and missing out precious time with their babies.
Each year, there are around 140 million live births worldwide. The child’s safety and overall condition are naturally top-priorities for parents. Invidyo is designed to address these concerns and provide parents with a peace of mind that is not present in conventional products. Invidyo is the first and only child monitoring solution that employs Artificial Intelligence to provide smart daily summaries, smile albums generated using emotion recognition and baby crying detection.
The initial version of Invidyo has been developed and pilot launches have been made in the Turkish and the US markets. Due to initial success, Invidyo has managed to raise private investment, successfully complete an international crowdfunding campaign and was selected to participate in Amazon Launchpad (a special program offered by Amazon.com only to SMEs with innovative products).
We are planning to fully commercialize Invidyo at the end of Phase 2 and penetrate into 5 biggest markets in Europe & US within three years. We are planning to generate a revenue of 100 million € and create 79 new employments within the first 5 years.
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: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
- natural sciences computer and information sciences artificial intelligence computer vision facial recognition
- social sciences sociology demography
- social sciences sociology family studies
- natural sciences computer and information sciences artificial intelligence machine learning deep learning
- social sciences economics and business business and management employment
You need to log in or register to use this function
We are sorry... an unexpected error occurred during execution.
You need to be authenticated. Your session might have expired.
Thank you for your feedback. You will soon receive an email to confirm the submission. If you have selected to be notified about the reporting status, you will also be contacted when the reporting status will change.
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.
-
H2020-EU.3.6. - SOCIETAL CHALLENGES - Europe In A Changing World - Inclusive, Innovative And Reflective Societies
MAIN PROGRAMME
See all projects funded under this programme -
H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
See all projects funded under this programme
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
See all projects funded under this funding scheme
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-SMEInst-2016-2017
See all projects funded under this callCoordinator
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.
06800 CANKAYA ANKARA
Türkiye
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.