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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.

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

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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