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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.

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

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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