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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.

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

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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