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PGplant

The Facade of Industrial Internet

Total Cost €

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EC-Contrib. €

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Partnership

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 PGplant project word cloud

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

variety    2017    technically    scalability    opportunity    data    newcomers    additional    visualize    genius    dollars    replaces    implementing    business    window    industrial    cooperation    transformational    global    multiple    solution    attracts    2030    brings    iiot    proper    layered    basic    near    services    situation    market    providers    strategic    companies    attractive    infrastructure    practices    ltd    stuck    sluggish    software    managed    cycle    grounds    economy    moment    trillions    outside    corporate    changing    validity    digital    things    innovative    smes    decision    internet    entire    phase    facade    revolutionary    technologies    manufacturing    3d    dynamic    players    latest    interface    gartner    create    disruptive    industries    ready    disrupt    lucrative    thing    solutions    definition    add    actions    physical    forecasted    give    industry    domestic    appeared    pg    hype    customers    ui    scalable    empower    expansion    close    twin    model   

Project "PGplant" data sheet

The following table provides information about the project.

Coordinator
PROCESS GENIUS OY 

Organization address
address: TORIKATU 19
city: JOENSUU
postcode: 80100
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 Finland [FI]
 Project website http://www.processgenius.fi
 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 2018-05-01   to  2018-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    PROCESS GENIUS OY FI (JOENSUU) coordinator 50˙000.00

Map

 Project objective

Industrial Internet of Things is expected to disrupt entire industries. The market related to IIoT is forecasted to add trillions of dollars to the global economy by 2030. This new and lucrative market opportunity attracts a variety of players, among them large established business system providers as well as innovative newcomers with emerging technologies. The current situation is that many large industrial organizations are stuck with current IT infrastructure and are therefore sluggish in implementing IIoT solutions. This situation is at the moment rapidly changing and will open an opportunity window for innovative SMEs, which create new services and disruptive practices in close cooperation with forward looking industrial partners. Process Genius Ltd (PG) is one of those newcomers changing the way industrial companies are managed. We offer a new approach to visualize corporate data and empower the decision making. We do it by providing customers with a revolutionary multi-layered 3D user interface, which replaces multiple UI's of current business systems. This so called Digital Twin technology has appeared in the latest Gartner’s Hype Cycle for the Internet of Things among Top 10 Strategic Technology Trends for 2017 with transformational impact on the industry. According to Gartner’s definition, Digital Twin is “a dynamic software model of a physical thing or system”. So PG’s approach brings additional value on top of the basic concept. We give to industrial internet an attractive 3D facade. PG’s main objective for the near future is to make our business scalable and ready for expansion to the global market. Since technically our solution is already well scalable, we should focus on the scalability of our business model as well as its validity outside the domestic market. Actions described in this proposal will provide proper grounds for expansion in EU market. The main industrial focus of Phase 1 and Phase 2 projects will be in manufacturing industry.

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

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