Neural Designer | A high performance solution for predictive analytics

Summary
The predictive analytics market is undergoing an impressive growth. Indeed, organizations that incorporate that technique into their daily operations not only better manage the present, but also increase the probability of future success.

Intelnics develops the professional predictive analytics solution called Neural Designer. It makes intelligent use of data by discovering complex relationships, recognizing unknown patterns, predicting actual trends or finding associations. Neural Designer out-stands in terms of functionality, usability and performance.

Current technology lacks from advanced model selection techniques, and usually requires many computational resources. The main challenge for Neural Designer is to include a framework capable of untangling complex interactions in big data sets. In order to do that, the software must achieve ultra high performance by means of more efficient algorithms, code optimization and multi-core processing.

The intended users of the solution are professional data scientists, which work at analytics departments of innovative companies, consulting firms specialized in analytics or research centres. Neural Designer will be capable of analysing bigger data sets in less time, providing our customers with results in a way previously unachievable.

The goal is to successfully market Neural Designer. The feasibility assessment of Phase 1 will help us to validate our working hypothesis regarding technical, commercial, financial and legal issues. This study will allow Intelnics to apply for Phase 2 support, in which Neural Designer will be developed to a level of global competitiveness.

The predictive analytics market is largely dominated by the United States, but completion of this project will introduce a European product in the market place of data science.
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More information & hyperlinks
Web resources: https://cordis.europa.eu/project/id/672676
Start date: 01-05-2015
End date: 31-10-2015
Total budget - Public funding: 71 429,00 Euro - 50 000,00 Euro
Cordis data

Original description

The predictive analytics market is undergoing an impressive growth. Indeed, organizations that incorporate that technique into their daily operations not only better manage the present, but also increase the probability of future success.

Intelnics develops the professional predictive analytics solution called Neural Designer. It makes intelligent use of data by discovering complex relationships, recognizing unknown patterns, predicting actual trends or finding associations. Neural Designer out-stands in terms of functionality, usability and performance.

Current technology lacks from advanced model selection techniques, and usually requires many computational resources. The main challenge for Neural Designer is to include a framework capable of untangling complex interactions in big data sets. In order to do that, the software must achieve ultra high performance by means of more efficient algorithms, code optimization and multi-core processing.

The intended users of the solution are professional data scientists, which work at analytics departments of innovative companies, consulting firms specialized in analytics or research centres. Neural Designer will be capable of analysing bigger data sets in less time, providing our customers with results in a way previously unachievable.

The goal is to successfully market Neural Designer. The feasibility assessment of Phase 1 will help us to validate our working hypothesis regarding technical, commercial, financial and legal issues. This study will allow Intelnics to apply for Phase 2 support, in which Neural Designer will be developed to a level of global competitiveness.

The predictive analytics market is largely dominated by the United States, but completion of this project will introduce a European product in the market place of data science.

Status

CLOSED

Call topic

ICT-37-2014-1

Update Date

27-10-2022
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Horizon 2020
H2020-EU.2. INDUSTRIAL LEADERSHIP
H2020-EU.2.1. INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
H2020-EU.2.1.1. INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
H2020-EU.2.1.1.0. INDUSTRIAL LEADERSHIP - ICT - Cross-cutting calls
H2020-SMEINST-1-2014
ICT-37-2014-1 Open Disruptive Innovation Scheme (implemented through the SME instrument)
H2020-EU.2.3. INDUSTRIAL LEADERSHIP - Innovation In SMEs
H2020-EU.2.3.1. Mainstreaming SME support, especially through a dedicated instrument
H2020-SMEINST-1-2014
ICT-37-2014-1 Open Disruptive Innovation Scheme (implemented through the SME instrument)