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Opendata, web and dolomites

MoniTank SIGNED

Underground Storage Tanks Risk Mitigation System for petrol fuel stations

Total Cost €

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EC-Contrib. €

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Partnership

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Outcomes and
results

MoniTank project word cloud

Explore the words cloud of the MoniTank project. It provides you a very rough idea of what is the project "MoniTank" about.

wave tanks fast criterion sales vision integrity hardware market accuracy technologies financial performance sensors 24million successful inspection detection offers investment iris transmission storage commercialisation ae mcu commercial underground lack detecting data oil differentiation opportunity autonomous investments ideal industries 15 replication customers ing predict standards int return shm avail consist 112 signal belief continous wireless grow innovation guided cloud intelligent 132k requirement 99 gas structural monitoring strategic commercialization bic track usts instrument algorithms gross advantage processor computing create techniques iot flotek emission reliance faults compliance workforce business acquisition post presenting foreseen health accelerate pilot jobs continuous services limitations rupture twi finalised ndt monitank filling maintenance risk batteries acoustic stations legislation

Project "MoniTank" data sheet

The following table provides information about the project.

Coordinator	INTEGRITY NDT MUHENDISLIK SANAYI VE TICARET LIMITED SIRKETI Organization address address: MELIH GOKCEK BULVARI 18-94 IVEDIK city: ANKARA postcode: 6378 website: www.integrityndt.com.tr 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	Turkey [TR]
Project website	http://www.monitankproject.eu
Total cost	2˙398˙070 €
EC max contribution	1˙963˙656 € (82%)
Programme	1. H2020-EU.3. (PRIORITY 'Societal challenges) 2. H2020-EU.2. (PRIORITY 'Industrial leadership')
Code Call	H2020-FTIPilot-2016-1
Funding Scheme	IA
Starting year	2017
Duration (year-month-day)	from 2017-04-01 to 2020-01-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	INTEGRITY NDT MUHENDISLIK SANAYI VE TICARET LIMITED SIRKETI INTEGRITY NDT MUHENDISLIK SANAYI VE TICARET LIMITED SIRKETI Organization address address: MELIH GOKCEK BULVARI 18-94 IVEDIK city: ANKARA postcode: 6378 website: www.integrityndt.com.tr contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	TR (ANKARA)	coordinator	317˙114.00
2	TWI LIMITED TWI LIMITED Organization address address: GRANTA PARK GREAT ABINGTON city: CAMBRIDGE postcode: CB21 6AL website: www.twi.co.uk contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	UK (CAMBRIDGE)	participant	560˙197.00
3	BRUNEL UNIVERSITY LONDON BRUNEL UNIVERSITY LONDON Organization address address: KINGSTON LANE city: UXBRIDGE postcode: UB8 3PH website: www.brunel.ac.uk contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	UK (UXBRIDGE)	participant	389˙825.00
4	IRIS TECHNOLOGY SOLUTIONS, SOCIEDAD LIMITADA IRIS TECHNOLOGY SOLUTIONS, SOCIEDAD LIMITADA Organization address address: CALLE VELAZQUEZ, NO 94 PRIMERA PLANTA city: MADRID postcode: 28006 website: www.iris.cat contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	ES (MADRID)	participant	371˙875.00
5	FLOTEKS PLASTIK SANAYI VE TICARET AS FLOTEKS PLASTIK SANAYI VE TICARET AS Organization address address: DOSAB FULYA SOKAK 7 city: DEMIRTAS BURSA postcode: 16245 website: www.floteks.com.tr contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	TR (DEMIRTAS BURSA)	participant	324˙644.00

Map

Project objective

MoniTank offers a commercial continuous advanced structural health monitoring system (SHM) for underground storage tanks (USTs) based on acoustic emission and guided wave technology, risk based inspection techniques, IoT and advance signal processing and data acquisition system. The product will be able to identify structural integrity faults with 99% accuracy of detecting structural problems in USTs before they lead to rupture or failure. Consortium including INT NDT, IRIS, TWI, BIC and Flotek will avail the business opportunity provided by market of 132k potential customers (filling stations in EU) and foreseen maintenance services investments in storage systems, resulting in growing NDT and maintenance needs and lack of robust autonomous continous SHM systems for USTs in oil and gas production and distribution industries market at present by offering MoniTank product. Limitations of current monitoring systems performance, their non compliance with legislation/standards requirement of detection accuracy and reliance on experienced workforce for inspection and maintenance create a differentiation strategic advantage for successful market replication of MoniTank. Our product will be able to provide continuous monitoring and will use intelligent algorithms to predict potential structural failure. The technologies integrated and finalised during this project will consist of: sensors; processing capabilities (MCU processor hardware); AE sensors, transmission data; batteries; and data wireless transmission and cloud computing, therefore presenting the target customers with a system for risk based inspection criterion for USTs. Our vision is to grow our business by €24million in gross sales with a return on investment of about 15:1 in 5 years post project commercialisation. With business growth, we will create 112 new jobs. It is our strong belief that the Fast Track to Innovation Pilot is the ideal financial instrument for us to accelerate commercialization of MoniTank.

Deliverables

List of deliverables.
Project website	Websites, patent fillings, videos etc.	2020-01-21 14:46:10

Take a look to the deliverables list in detail: detailed list of MoniTank deliverables.

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

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