Explore the words cloud of the StarLink project. It provides you a very rough idea of what is the project "StarLink" about.
The following table provides information about the project.
D.V.P. VACUUM TECHNOLOGY SPA
|Coordinator Country||Italy [IT]|
|Total cost||71˙429 €|
|EC max contribution||50˙000 € (70%)|
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)
|Duration (year-month-day)||from 2018-05-01 to 2018-08-31|
Take a look of project's partnership.
|1||D.V.P. VACUUM TECHNOLOGY SPA||IT (SAN PIETRO IN CASALE)||coordinator||50˙000.00|
Vacuum pumps are used in thousands of industrial applications, playing a vital role in food processing, semiconductors, chemicals, pharmaceuticals and many other manufacturing and assembly processes. However, today’s pumps are currently unable to provide any type of insights that could help users anticipate a pump malfunction, plan maintenance procedures or setting the adjustments. Pump malfunctions or breakdowns, due to unplanned maintenance or improper settings, cost millions of euros in lost revenues every year as production and logistic lines lie idle waiting for pumps to be fixed, and when they are not optimized their productivity decrease or their energy consumption go up.
But now, DVP, a vacuum pump manufacturer, has developed the solution to these challenges through StarLink, the world’s first intelligent vacuum pump system. StarLink is a patent-pending system that uses data analytics and machine learning to identify pump malfunctions before they happen, propose actions to be taken, and automatically adjust the operation parameters if the problem relates to the setting. This will reduce pump downtime-related costs by 30%, increase their productivity by 50% and make easier the operation manager tasks.
The combination of our deep knowledge of vacuum pumps needs with the machine learning expertise of the university of Ferrara will create the most intelligent device to improve the competitiveness of European companies. Additionally, StarLink will contribute to DVP’s growth in terms of employees and product portfolio since we will be able to offer a wider range of products and services related to vacuum pumps, which will allow us to enter new markets and sell more units. By 2023, it will generate €3M in yearly revenue with net profits of €2M to our company.
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The information about "STARLINK" are provided by the European Opendata Portal: CORDIS opendata.