Home World Tech News NEOSIGHT: Priberam AI Project Reaches SME Horizon 2020 Funding

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NEOSIGHT: Priberam AI Project Reaches SME Horizon 2020 Funding

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NEOSIGHT: Priberam AI Project Reaches SME Horizon 2020 Funding

The European Commission has approved the latest Priberam Artificial Intelligence project. NEOSIGHT, chosen by Brussels for funding under SME Horizon 2020 Phase 1, promises to be the next step in the evolution of AI-based media monitoring tools developed by the software company over the past few years.

Priberam will develop the project over the next four months, with the objective of making the AI ​​platform available in the market to support the technology monitoring and horizon scanning processes of companies in various sectors. According to the companyNEOSIGHT works in near real-time and uses a combination of technologies such as natural language processing and the participation of human collaborators.

NEOSIGHT is the evolution of Horizon Scanning and Technology Intelligence (INSIGHT), funded by the Portugal 2020 program. The platform based on natural language processing, machine learning and deep learning technologies enables the “systematic capture, analysis, selection and dissemination of information”. ”To support companies in making strategic decisions.

Technological and horizon scanning monitoring is an essential part of the process of adopting new technologies or creating new products by various organizations. However, the task can be particularly difficult as, according to Carlos Amaral, CEO of Priberam, quoted in a press release, “observing and evaluating potential technologies has to be done in a very broad scope that extends beyond what the industry's normal boundaries are, as well as the growing volume of information available on the Internet. ”

Even before INSIGHT, Priberam developed, under the Horizon 2020 program, SUMMA (Scalable Understanding of Multilingual MediA). The project ended in early 2019 and had 8 partners to create a media monitoring platform to be applied at the BBC and Deutsche Welle to support the journalistic research process and to monitor various sources of information in different languages.

O SUMMA It can aggregate and filter content, creating knowledge bases and a graphical presentation that helps to manage a large volume of information. Inside are speech and text recognition technologies, machine translation and story identification, entity relationships, and natural language understanding, including feeling.

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