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OnTrack SIGNED

Development of a commercial manufacturing process for embeddable RFID and NFC Tags forcomplete lifecycle tracking of tyres

Total Cost €

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EC-Contrib. €

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Partnership

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 OnTrack project word cloud

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

sensors    gross    simpler    interrogate    rfid    rate    mainly    materials    silent    treads    period    treaded    tread    industry    roi    logistical    efficiency    replace    poor    underperform    45    speed    44    2m    tyre       declining    npv    valued    patterns    lifetime    re    easier    ontrack    skilled    300    encouraged    china    empowering    iot    40m    imported    company    temptation    id    jobs    smartphone    history    whereas    store    quality    tyres    2bn    manufacturer    profits    offers    tags    treading    500    11    payback    repairs    employees    total    post    safety    tests    ethos    solution    uhf    provides    model    nfc    market    fuel    fos    burden    assuming    europe    manufactured    manufacturing    supply    remove    influx    life    internal    traceability    annum    events    months    opportunity    chinese    discount    embed    return    permanent    integrity    cumulative    single    economy    cheap    2015    data    industries    clear    performance    threat    premium    plan    innovative    9m    buy   

Project "OnTrack" data sheet

The following table provides information about the project.

Coordinator
SILENT SENSORS LIMITED 

Organization address
address: SUITE 98, 28 OLD BROMPTON ROAD
city: LONDON
postcode: SW7 3SS
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 United Kingdom [UK]
 Project website https://www.silentsensors.com/research-and-development/project-ontrack-eu-h2020-sme-instrument-phase-2/
 Total cost 2˙200˙707 €
 EC max contribution 1˙540˙495 € (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-2-2016-2017
 Funding Scheme SME-2
 Starting year 2017
 Duration (year-month-day) from 2017-10-16   to  2020-02-15

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SILENT SENSORS LIMITED UK (LONDON) coordinator 1˙540˙495.00

Map

 Project objective

Europe’s tyre manufacturing and re-treading industries are under increasing threat from imported tyres mainly from China. The EU re-treading industry is valued at €1.2bn (2015) but is declining due to the influx of Chinese tyres leading to the loss of highly-skilled jobs.

The low-cost imported tyres cost on average €80 per tyre compared to €300-500 from a premium manufacturer. The temptation to buy these low-cost tyres is clear, however they are manufactured from poor quality materials with tread patterns that underperform. The ethos of cheap tyres is ‘use and replace’, whereas premium tyres are built to be re-treaded to increase lifetime. As a result, imported tyres are not cost effective over the lifetime of the tyres due to poor fuel economy and performance. Use of premium tyres and re-treading over the use and replace model needs to be encouraged to increase safety and fuel efficiency.

Silent Sensors are an innovative IoT company that are working on a tyre traceability solution to remove the logistical burden of re-treading for FOs. We are manufacturing UHF/NFC RFID tags ‘OnTrack’ to embed directly into tyres which provides each tyre with a permanent, unique ID for life. Our tags can store data from the manufacturing process and key events during operational use such as repairs etc. This comprehensive history for each tyre makes it easier for FOs to plan their tyre re-treads. This data also makes the re-tread process simpler as the tyre history will speed-up integrity tests.

OnTrack is the only tyre traceability solution that offers NFC – empowering employees to interrogate tyres with just a smartphone. We have a clear market opportunity with OnTrack to supply up to 40m tags/annum to a single tyre manufacturer. Based on our 7-year cumulative total gross profits of €44.9m post-project, the 7-year ROI is 5.44:1 with a payback period of 40 months. The Internal Rate of Return is 45% and NPV of 7-year Operating Profits is €11.2m (assuming a 3% discount rate).

 Deliverables

List of deliverables.
D8.3 Interim Report Other 2019-10-09 11:56:15

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

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

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