SMApp
SMART MOBILITY APPLICATION TO IMPROVE TRAFFIC MANAGEMENT AND PLANNING
Total Cost €
0EC-Contrib. €
0Partnership
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0SMApp project word cloud
Explore the words cloud of the SMApp project. It provides you a very rough idea of what is the project "SMApp" about.
Project "SMApp" data sheet
The following table provides information about the project.
| Coordinator |
ICEACSA CONSULTORES, SL
Organization address contact info |
| Coordinator Country | Spain [ES] |
| Project website | http://iceacsa.com/web2017/gestion-de-infraestructuras/ |
| Total cost | 71˙429 € |
| EC max contribution | 50˙000 € (70%) |
| Programme |
1. H2020-EU.3.4. (SOCIETAL CHALLENGES - Smart, Green And Integrated Transport) 2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)) 3. 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 2017-05-01 to 2017-08-31 |
Partnership
Take a look of project's partnership.
| # | ||||
|---|---|---|---|---|
| 1 | ICEACSA CONSULTORES, SL | ES (A CORUNA) | coordinator | 50˙000.00 |
Map
Project objective
Traffic levels on strategic roads will be 24% higher in 2040 than they are today. Without investment, conditions on the most important routes are expected to worsen by 2040. Smart City solutions are expected to attract €1.415 trillion in expenditures by 2020, with Smart Mobility alone accounting for 8% of this spending, creating a €1.1bn market. Traffic management, road maintenance and planning new infrastructures are the 3 main factors to successfully contribute to the growing vehicles mobility needs. An opportunity arises in using smart traffic data to optimise long-term road management, allowing for a more efficient use of resources in infrastructure planning and maintenance. It is estimated that over $1 trillion can be saved in the next 20 years through a more efficient infrastructure productivity plan, of which 25% are related to road networks alone. SMApp is the first smart, standardised, web based tool to monitor, analyse and predict traffic data information in real time over a road network. Through our propietary LPR (License Plates Recognition) algorithm we will be able to obtain a truly global and continuous road network solution (currently being discreet over specific sections) by OD matrices, gaining access to a source of accurate, objective and valuable data in an unprecedented manner, to provide a more efficient planning and maintenance of the existing and future road networks.Since 2009, we have already invested €620K to develop SMApp to its current functional prototype stage, which is being tested by the Spanish National Traffic Authority (DGT) and proofing our Technology Readiness Level at 6. Setting a selling price between €100K and €300K per annum, including the maintenance fee for the service, for an average of 85% gross margin, we expect a turnover in the fifth year of €5.05 million and a net profit of €4.38 million. After €1.82 million total investment, we forecast a Return on Investment (ROI) of 4.09 by Y5.
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The information about "SMAPP" are provided by the European Opendata Portal: CORDIS opendata.