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PISPA

PISPA – Plytix Information Sharing Platform and Analytics – Testing product market fit for a disruptive Information sharing platform for brands and resellers

Total Cost €

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EC-Contrib. €

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Partnership

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Project "PISPA" data sheet

The following table provides information about the project.

Coordinator
PLYTIX.COM APS 

Organization address
address: LINNESGADE 25, KL.
city: KOBENHAVN
postcode: 1361
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Denmark [DK]
 Project website https://www.plytix.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-01-01   to  2017-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    PLYTIX.COM APS DK (KOBENHAVN) coordinator 50˙000.00

Map

 Project objective

The problem: As e-commerce grows in size and complexity, there will be a real need for a global standard identification system for products being sold online. Nowadays, too many resources are wasted on asset distribution from brands to e-tailers. Brands currently distribute product images and information for official e-tailers via email, ftp sharing, and other outdated ways, which makes the process time-consuming. Moreover, brands are currently unable to ensure that their products are presented in a way that reflects their brand’s image. For e-tailers, downloading, uploading and resizing images from brands is a time consuming process.

The solution: Plytix.com is an online platform service that facilitates unmet needs in the current ecommerce model. Our novel platform acts as a central hub for brands and online retailers, introducing a whole new concept in ecommerce – an ecommerce focused, product-centric analytic tool. Unlike other web analytics tools, Plytix tracks product performance (not sites) directly and across websites – thereby bringing more value/insights for each given product. Our analytics tool enables users – brands and e-tailers – to extract valuable insights that allows them to: [i] optimize prices; [ii] detect quality problems; and [iii] optimize inventory to prevent stock-out, etc. In sum, Plytix provides the means for brands and e-tailers to extract large added value from cost savings and new business opportunities.

The market: Since the largest online platforms are some of the biggest companies in the world, one could argue that the online platform business model is the most successful part of the Internet economy. The total exploitable market size for Plytix in the relevant countries (>10,000 brands registered) is above EUR 254 billion per year. The implementation of the innovation project will place Plytix.com ApS in a strong position to exploit a market potential over five years exceeding € 233 million.

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The information about "PISPA" are provided by the European Opendata Portal: CORDIS opendata.

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