Starcounter wins EU program, receives € 2.2 million

The Swedish software technology company Starcounter is awarded € 2.2 million by the EU. Starcounter has been chosen as a winner of the program SME Instrument - Open Disruptive Innovation Scheme.
The company has been picked in a very thorough evaluation process, with the motivation that research and development in the fields of AI (artificial intelligence) and In-memory computing are of strategic importance for the EU’s competitiveness on the global market and that the innovations will be able to generate many job opportunities within the EU.

”We are very proud of winning Horizon 2020 and the clear motivation that our technology is of strategic importance for Europe because it can create employment opportunities and increased global competitiveness. It’s yet another confirmation that our technology has an enormous potential”, says Kristoffer Lundegren, deputy CEO at Starcounter and part of the team that has worked intensely with the application.

Per Edström, CEO of Starcounter, adds ”We will use the Horizon grant to speed up further development of what we call cognitive mapping, that is the automated integration of applications and micro-services made possible by our application platform, and to more active sales and marketing.
About the software technology company Starcounter:
The Starcounter platform revolutionises development of business applications and enables present business models in enterprise software to be replaced with collaborative, open ecosystems. Starcounter customers and partners are software vendors and entrepreneurs in what is internationally known as enterprise software. Examples of partners are, among others, Adfenix, Heads and Modular Management.

About Horizon 2020;
"Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness.
Seen as a means to drive economic growth and create jobs, Horizon 2020 has the political backing of Europe’s leaders and the Members of the European Parliament. They agreed that research is an investment in our future and so put it at the heart of the EU’s blueprint for smart, sustainable and inclusive growth and jobs.”





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