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SMApp

SMART MOBILITY APPLICATION TO IMPROVE TRAFFIC MANAGEMENT AND PLANNING

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

SMApp 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.

algorithm maintenance 82 stage source 38 roads smart infrastructure y5 300k fifth plan total lpr profit accounting truly predict unprecedented market 1bn propietary data roi solutions matrices traffic productivity standardised discreet 24 sections 100k efficient annum network readiness routes 620k return setting opportunity arises spanish saved fee tested invested smapp monitor levels accurate plates planning tool dgt first od infrastructures web 2020 valuable 415 gaining functional prototype obtain attract city 2040 million net margin spending selling expenditures time 1 global price 8 09 solution 2009 networks recognition worsen service forecast optimise investment proofing turnover 85 mobility vehicles 05 national license strategic gross 25 successfully alone continuous manner road trillion

Project "SMApp" data sheet

The following table provides information about the project.

Coordinator	ICEACSA CONSULTORES, SL Organization address address: GLORIETA DE AMERICA 5 1 city: A CORUNA postcode: 15004 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	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.

#	participants	country	role	EC contrib. [€]
1	ICEACSA CONSULTORES, SL ICEACSA CONSULTORES, SL Organization address address: GLORIETA DE AMERICA 5 1 city: A CORUNA postcode: 15004 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.	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.