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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.

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

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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