Opendata, web and dolomites

PrEDICTS

Optimizing Container Load for Parcel and Pallet Transport Networks

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0

 PrEDICTS project word cloud

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

emissions    networks    jams    follow    optimizes    whilst    transmetrics    model    competes    dpd    innovator    revenues    enriches    beta    savings    employees    volume    cleanses    leads    capacity    20m    enrichment    40    pallet    underlying    cargo    43    chain    french    machine    2018    revenue    info    leader    logistics    big    total    fill    cleansing    subscription    transport    groupage    services    congestions    empty    suggests    dhl    300    eu    incumbents    150    predicts    report    mission    companies    saas    levels       thrive    ai    country    software    priced    historical    strategies    parcel    price    200    had    bulgarian    client    shipping    trucks    business    margins    company    artificial    2017    shipments    10k    data    10    featured    noise    predictive    anticipatory    insider    integrates    space    weeks    actually    22    dimension    post    linehaul    supply    optimization    issue    intelligence    licenses    full    secured    traffic    depending    excess    weight    identifies    monthly    recorded    prediction    quality    predictions    learning    twice    solution    takes    co2    transporters    industry    driving    benefits    efficiency    poor   

Project "PrEDICTS" data sheet

The following table provides information about the project.

Coordinator
TRANSMETRICS AD 

Organization address
address: KNYAZ BORIS I STR. 164, FLOOR 2
city: SOFIA
postcode: 1000
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 Bulgaria [BG]
 Project website http://transmetrics.eu/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-04-01   to  2018-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    TRANSMETRICS AD BG (SOFIA) coordinator 50˙000.00

Map

 Project objective

EU trucks are driving around with an average of 43% empty space due to poor linehaul capacity utilization in groupage parcel and pallet networks. This leads to important CO2 emissions, congestions, traffic jams, noise levels and low margins for logistics companies. The underlying problem is a data quality issue as shipments are planned based on weight whilst they actually fill up based on volume and dimension. PrEDICTS is a cargo optimization software based on AI and machine learning. It takes a logistics company’s historical data, cleanses and enriches it and optimizes logistics based on predictions for shipping behaviour weeks. It also identifies future excess capacity and suggests strategies on how to achieve full capacity. Our beta client recorded a 10% increase in capacity utilization and 7-9% cost savings (French Post / DPD). Transmetrics is a Bulgarian company whose mission is to improve the efficiency within the cargo transport industry using big data and artificial intelligence. DHL has identified us twice as a future leader in anticipatory/predictive logistics and big data and featured in the Business Insider report on AI Supply Chain and Logistics (more info). We have 22 employees and had €150,000 in revenue in 2017. For 2018, we have already secured €30,000 in monthly revenue (€20,000 licenses and €10,000 in services). With PrEDICTS, Transmetrics targets the top 20,000 transporters (€20M in revenues) that account for 40% of the total industry. They will need advanced technology to thrive. PrEDICTS competes with two major incumbents and another innovator. But it is the only solution that integrates prediction and optimization in the process and features AI-driven data cleansing and enrichment. PrEDICTS will follow a SaaS subscription-based business model priced at €10k/country/month depending on the business with a potential of 200-300% increase in the price based on the achieved benefits for the companies.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "PREDICTS" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

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

More projects from the same programme (H2020-EU.3.;H2020-EU.2.3.;H2020-EU.2.1.)

DNA DS (2019)

DNA Data storage

Read More  

ERGOVIAkinematix (2018)

New wearable measurement devices for Industry 4.0 based on gaming motion-capture system

Read More  

CAARESYS (2019)

CAARESYS: vehicle passenger monitoring system based on contactless low emission radio frequency radar.

Read More