openPR Logo
Press release

GIVT will use artificial intelligence – the National Centre for Research and Development (NCBiR) has earmarked PLN 11.5 million for this innovative project

11-12-2018 07:33 PM CET | Tourism, Cars, Traffic

Press release from: GIVT

The GIVT technological platform, a Polish start-up that aids airline passengers in getting compensation for disrupted flights, has received an NCBiR grant of PLN 11.5 million for the development of the flight forecasting and scoring system. The funds come from the Smart Growth Operational Programme that supports scientific research and advancement of innovative technologies.

GIVT, which had applied to the “Fast Track for Small and Medium Enterprises” contest, received the maximum possible number of points for its research and technical resources.

The platform’s system for flight forecasting and scoring will make it easier for passengers to plan their travels, it will make it possible to automatically score disrupted flights in terms of whether they qualify for the compensation, thus allowing passengers to seek claims from airline operators quicker and more effectively.

‘We are working on a unique, AI-based, analytical model for evaluating the circumstances of disrupted flights. It will be independent from the data collected by airlines. By investing in innovative solutions, we are expanding the scale of our operations and setting trends in the development of our industry’ said GIVT Vice-President Jacek Komaracki.

The project is carried out in cooperation with a team of leading scientists from the Faculty of Mathematics, Informatics and Mechanics of the University of Warsaw, headed by dr hab. Piotr Sankowski - an outstanding IT expert and scientist, 2018 laureate of the National Science Centre award in science and technology, who specializes is algorithms of market modelling and data analysis. His team is to come up with auction and machine learning algorithms which, once applied by GIVT to business processes, will make it possible to automate and expedite customer services processes to the maximum.

‘Our system will enable us to solve one of the key problems in air traffic – thanks to the use of multiple data sources it will forecast the risk of disturbances and classify their reasons in real time. The technological advancement of our platform will accelerate many processes, streamline customer service and improve the effectiveness of our operations. As a result of the completion of this project it will be possible for us to optimize costs, increase operational efficiency and facilitate the development of new products’ explained Jacek Komaracki.

The first stage of the project will be to build the system for scoring flights and cases of GIVT customers, that is to evaluate whether a given case has a chance of being solved positively for the passengers. The next step will be to build a system for forecasting flights, which will assess the likelihood of their disruption. The system will analyse data from historical and current flights, which will be monitored in real time.
The last stage of the project will be to prepare market implementation of the solution.

‘The main challenge is to obtain diverse, global data - concerning the weather, flights, connection networks and even specific planes, as well as multi-language data from social media concerning events related to air traffic, and to next combine and process this data in real time. The project will utilize cutting-edge cloud data processing and of machine learning technologies’ said Paweł Miazek, the person responsible at GIVT for information technology projects and solutions, including the completion of the research project.

The GIVT technological platform was launched in Poland in 2017, and since June of this year it has been operating on over 30 European markets. From its very inception, it has been focused on innovativeness, continuously investing in the development of software supported by artificial intelligence, machine learning and big data. Tens of thousands of passengers have already used GIVT's services. Currently, the company employs over 80 experts from many industries, including aviation, finance, modern technology, consulting, digital marketing and legal services.

Eurostat, Eurocontrol and FlightStats data show that GIVT’s potential market is about 15 million of passengers who face delayed or cancelled flights annually. It is estimated that the amount of compensation due to this group amounts to ca. EUR 5 billion.

Media contact:
Lidia Kłosowska – Brand Communication & PR Manager
+48 600 065 000, lidia.klosowska@givt.com

We seek compensation from air carriers for delayed or cancelled flights and in cases when air travellers are denied boarding. We act fast and efficiently, and we follow transparent rules. To make it easier for the passengers to obtain compensation, our focus is on strong technology, task automation systems, machine learning and advanced Big Data. GIVT has attracted experts with expertise in several sectors including aviation, finance, modern technology, consulting, digital marketing and legal services. www.givt.com

GIVT Sp. z o.o.
7 Olkuska St.
02-604 Warsaw
POLAND

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release GIVT will use artificial intelligence – the National Centre for Research and Development (NCBiR) has earmarked PLN 11.5 million for this innovative project here

News-ID: 1359332 • Views: 733

More Releases from GIVT

GIVT OFFERS CUSTOMER SERVICE ALREADY IN NINE LANGUAGES
GIVT technology platform has launched customer service in five more languages: Spanish, Portuguese, Italian, French and German. The company, which assists airline passengers in obtaining compensation for disrupted flights, already operates in nine languages in more than 30 countries. GIVT started its operations in 2017, initially only in Poland. After only a few months, in the spring of 2018, it introduced first three foreign languages: English, Bulgarian and Romanian. The

More Releases for Jacek

Munich Innovation to Develop Medical Device for Acoustic Non-Invasive Diagnosis …
Munich, Germany (September 26, 2013) – Munich Innovation today announced a project to develop a medical device based on vibroarthrography, a patented technology, in cooperation with partners. The project addresses a non-invasive and complementary method to diagnose and treat joint abrasion (osteoarthritis) in an early stage through high-end signal processing. Current methods are either not sensitive enough in an early stage of joint abrasion (X-Ray) or very expensive and not universally
NAFM Group Launches Packaging Solutions for Labeling Services Division
NAFM has always provided complete project development, management and technical support for shrink labeling technology. NAFM Group is partnering with many local label, film and container suppliers to develop the most effective packaging solutions. NAFM is a one-source shrink sleeve contract decorating company. Our customers outsource to us because we have the right equipment, experienced personnel and tooling to take care of the variety of shrink labeling jobs. The
inlevel.com was Approved for European Union Grant as Innovative Project
inlevel is working on new, innovative way of enterprise application acquisitions. Enterprise software were mostly restricted to IT professionals for years. Krakow, Poland, March 29, 2011 - inlevel (http://www.inlevel.com) announced that Polish Agency for Enterprise Development (PARP) which manages funds assigned from the State Budget and the European Union for the support of the entrepreneurship and innovation added inlevel to the list of companies which will be supported by European Union
Middle Managers Business Software Perception
The purpose of "inlevel 2011 Report: Middle Management as Business Software Influencer's" based on survey conducted between American middle managers was to check their approach to business software. Do they have influence on software they use? What they need? Do business software vendors pay enough attention to them? Middle managers are not typical decision makers within enterprise. However, 42% of them actively act during enterprise software selection process. They want to
inlevel.com Implemented SSL Protocol To Secure Business Customers Data
This is a widely known problem that many very popular websites continue to fail at protecting their users. The only effective fix for this problem is full end-to-end encryption by SSL protocol implementation. Registered inlevel customers once found set of of software products which could be interesting for them they start communication with software vendors. Customers are asking questions and compare answers. All these information's are sensitive and they are encrypted
inlevel Made Enterprise Software Directory Accessible Through Mobile Phones
Using original methodology the most important business parameters related to software products are easy to read on small screen. Software can be easy find and browse. Service functionality also allows customers to ask vendors for more information's. * * * Traditional way of enterprise software acquisition is quite long: from first thoughts about new software, through complicated research, industry data analysis, detailed descriptions readings, checking thousands of features and options, licensing details