SenseTask - Disrupting intelligent processing market and developing new high growth driver for the company profitability

Project facts

Project promoter:
SC SourceTask Solutions SRL(RO)
Project Number:
RO-INNOVATION-0029
Status:
In implementation
Initial project cost:
€407,000
Donor Project Partners:
ICB Digital AS(NO)

Description

The main objective of the project is to enhance and expand SenseTasks''s document processing capability in order to increase the market share on the intelligent document processing industry and generate sales and profit engine for the company. The project includes building an artificial intelligence (AI) based software platform that can process any type of document. The solution is expected to improve productivity in a workplace, significantly reduce paper consumption and to enable professionals to process and access documents remotely.

The AI platform is expected to be able to self-learn from corrections and retrieve key data from various documents in multiple languages. Key activities include:

  • External consultancy which includes financial audit.
  • Develop, test, validate and scale up the new solution.
  • Publicity to ensure the visibility of the project.

Expected outcomes of the project include 9 new jobs generated and a new Intellectual Property Rights application to obtain a patent.

The project will be implemented in partnership with ICB Digital AS which is an innovative Norwegian software company that focuses on enabling digitalization processes in industrial enterprises and production environments. The activities of the partner include input on key elements in the software development, make a translation package for the Norwegian language and provide a product requirement report based on feedback obtained from the Norwegian market.
 

Information on the projects funded by the EEA and Norway Grants is provided by the Programme and Fund Operators in the Beneficiary States, who are responsible for the completeness and accuracy of this information.