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LeanLab

Next Generation Lean Lab Digital Platform combining AI, Visual Management Tools & Touch Screen Technology (LeanLab)

Total Cost €

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EC-Contrib. €

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Partnership

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 LeanLab project word cloud

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

cheaper    commercialisation    workload    domino    11    absence    trl7    team    sustainable    translating    volatility    avings    productivity    alternatives    artificial    improvement       easily    markets    complementary    cloud    first    reducing    mixes    expanding    industry    digital    traction    expensive    saas    25    skills    market    fewer    subscription    stage    sales    35    core    piloting    ready    innovation    lean    direct    model    30    19    pressure    validation    international    consultancy    workloads    attracted    inspired    efficient    significantly    platform    transformative    strategic    create    2022    staff    laboratories    cagr    intelligence    volumes    lab    45    scalable    jobs    led    technologies    global    latest    savings    software    labs    error    112    customer    investor    billion    local    menus    service    area    revenue    soft    leanlab    spreadsheet    sites    time    worth    trading    relationships    accuracy    ai    peaks    dips    version    sustainably    paper    profit    inflexible    pave    turnover    firsthand    incorporates    solution    million    plan   

Project "LeanLab" data sheet

The following table provides information about the project.

Coordinator
PLEANAIL LIMITED 

Organization address
address: 11 NEW ROAD
city: GALWAY
postcode: H91FXR8
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 Ireland [IE]
 Project website http://plandomino.com/horizon-2020-sme-phase-1-end-project-summary/
 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 2018-12-01   to  2019-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    PLEANAIL LIMITED IE (GALWAY) coordinator 50˙000.00

Map

 Project objective

Laboratories are under pressure to improve accuracy, process higher workloads and expanding test menus, as well as become more efficient by reducing costs and using fewer staff. To achieve this, they must significantly improve productivity. Only currently available solution is consultancy implemented soft ‘paper and spreadsheet’ lean lab system, which is expensive, inflexible and not sustainable over time; it also cannot address more complex issues such as workload volatility (dips and peaks, volumes and test mixes) – a key area for achieving productivity savings. LeanLab cloud-based solution by Plan Domino addresses these issues cheaper, better & sustainably by offering the first ever digital platform on the market. This important innovation was inspired by absence of alternatives and incorporates latest technologies, including artificial intelligence (AI). It will have transformative impact on the target customer: 30% productivity improvement, 45% test error reduction, 25% staff turnover reduction 35% time reduction, translating into significant costsavings. This has attracted customer traction and investor interest even at this early stage. With a revenue model based on a SaaS subscription service and through availability of local strategic partnerships in international markets, LeanLab is easily scalable and has the potential to achieve a turnover of over €19 million in global sales, achieve an estimated €11 million in profit and create 112 direct jobs by Year 5 of trading in a market worth over €5 billion by 2022 and a CAGR of 5.1%. Commercialisation of LeanLab is led by a strong core project team with complementary skills & experience – including firsthand knowledge of the industry and target market, established relationships with labs in Europe & US. LeanLab project will enable piloting of the platform at customer sites (to achieve TRL7) and other validation activities to pave way for the next steps of developing a software version that is market ready.

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

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