Opendata, web and dolomites

InSightPro

Commercialising an Innovative and Autonomous Analytical Solution Combining On-Line Measurements with Intelligent Cloud Functionalities for Adding Value to Dairy Products.

Total Cost €

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EC-Contrib. €

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Partnership

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 InSightPro project word cloud

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

nordic    return    perform    roi    recognised    accumulated    interline    13    consolidate    staff    serve    demanding    processors    turnover    maintenance    markets    200    launch    understand    position    unattended    monitoring    saving    solution    complete    enter    pharmaceutical    trained    tough    innovative    post    price    plants    analytical    penetration    global    clients    calibration    interactions    recession    move    sme    implementing       transform    found    solutions    64    near    expectations    cloud    industry    investment    fourier    1996    milk    time    intensive    adding    worth    farms    companies    continuous    fluctuations    size    producers    small    fast    full    line    functionalities    apparatus    insightpro    leader    lt    market    chemical    satisfy    readiness    bn    installation    infrared    completion    net    deal    niche    pilot    optimisation    food    dairy    competitiveness    35    installed    world    resilient    59    medium    international    26    profit    reaching    company    250m    times    7m    modernisation    commercial    afford    4m    industries    500    sales   

Project "InSightPro" data sheet

The following table provides information about the project.

Coordinator
Q-INTERLINE AS 

Organization address
address: STENGARDSVEJ 7
city: TOLLOSE
postcode: 4340
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 http://www.q-interline.com/eu-project-page
 Total cost 1˙195˙750 €
 EC max contribution 837˙025 € (70%)
 Programme 1. H2020-EU.3.2.4. (Sustainable and competitive bio-based industries and supporting the development of a European bioeconomy)
2. H2020-EU.3.2.1. (Sustainable agriculture and forestry)
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
4. H2020-EU.3.2.2. (Sustainable and competitive agri-food sector for a safe and healthy diet)
 Code Call H2020-SMEINST-2-2016-2017
 Funding Scheme SME-2
 Starting year 2017
 Duration (year-month-day) from 2017-10-01   to  2019-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    Q-INTERLINE AS DK (TOLLOSE) coordinator 837˙025.00

Map

 Project objective

Q-Interline are a R&D intensive SME offering innovative on-line analytical solutions for food, chemical and pharmaceutical industries since 1996. With more than 200 clients and more than 500 apparatus installed the company is a recognised leader in the Nordic market. InSightPro will deliver a novel Fourier Transform Near-Infrared on-line solution with a set of cloud functionalities aimed to enter new international markets and consolidate their position. Through the interactions with our clients and our small-scale pilot studies, we have found a niche of market (i.e. €250m) composed of large companies together with numerous medium size dairy producers and processors which can afford the investment but do not have the trained staff to deal with the calibration, maintenance and measurement issues. The global Dairy Industry (worth €64.bn) has been going through tough times due to the world recession, reduction in milk sales, price, and production fluctuations. The Industry needs to be more resilient to changes over time through implementing a complete modernisation of the production towards Industry 4.0. Dairy companies (i.e. farms and processing plants) must continuously increase their competitiveness by saving costs and adding value to their products to satisfy a demanding consumer. Our solution allows companies across the dairy industry to perform an easy and unattended production optimisation and monitoring with fast (i.e. <1 year post-installation) return of investment (RoI).

InSightPro will serve to bring our product to new markets both EU and US while enabling us to understand how our product needs to be improved and adapted to every process line. It will move our product to full commercial readiness for a Europe-wide launch and a market penetration in the US. The project will enable our company continuous success with turnover expectations of €35.4m, an accumulated net profit of over €26.7m and reaching a RoI of 13.59 after 5 years post project completion.

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

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