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MOCEAN INTELLIGENCE

Empowering SMEs to take part in the Ocean Industry with an Intelligent Platform that will support their Business decisions

Total Cost €

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EC-Contrib. €

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Partnership

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 Outcomes and results

 MOCEAN INTELLIGENCE project word cloud

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

first    minutes    trl6    intelligent    500    actionable    ab    inputs    driver    gas    geographic    marine    environments    intelligence    few    location    seabased    innovative    construction    creation    centred    automating    forefront    tower    functionalities    2030    revenues    online    lines    platform    cooperation    customers    period    coastline    geo    netherlands    job    oil    disrupt    operations    uk    maritime    shore    model    demonstrating    oceans    billion    lack    smes    physics    team    experts    off    exact    added    regions    construct    de    coast    global    service    pgs    ones    spending    suitable    market    close    2021    2016    people    13    infrastructures    involve    owec    insights    energy    solutions    version    million    economic    norway    site    ocean    backed    scaling    decisions    outputs    appropriate    mocean    expanding    leader    35    industry    limitations    select    sites    companies    data    big    business    founded    23    boost    biggest    alternatives    structures    months    software    don    fr   

Project "MOCEAN INTELLIGENCE" data sheet

The following table provides information about the project.

Coordinator		 MOCEAN ONE AS 

Organization address
address: OVRE VOLLGATE 7
city: OSLO
postcode: n.a.
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 Norway [NO]
 Project website https://moonwalk.me/mocean-one/
 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 2018-11-01   to  2019-02-28

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    MOCEAN ONE AS NO (OSLO) coordinator 50˙000.00

Map

 Project objective

The EU has identified the ocean as the biggest driver of economic growth, with an added value of €500 billion per year and expected job creation of 9 million by 2030. Currently, companies that want to exploit ocean’s resources need to build structures in marine environments, spending between 2 and €35 million to select the most appropriate location and months of analysis. A few solutions focus on automating big data analysis, but present important limitations as they lack a user-centred approach and don’t deliver the exact inputs/outputs needed to make business decisions. Furthermore, they still require a long period of analysis and associated cost. Founded in 2016 by geo-physics and software experts, Mocean One (Norway) aims to bring Europe’s SMEs to the forefront of the maritime market and disrupt the ocean industry. By using an innovative user-centred approach, we have developed MOCEAN INTELLIGENCE (TRL6), an intelligent platform that enables users (i.e. off-shore construction companies) to identify a suitable marine construction or operations site to exploit the oceans’ resources, within minutes. Furthermore, our Software-as-a-Service business model allows us to provide actionable insights at 1/20 of the costs of alternatives. The first version of MOCEAN INTELLIGENCE was developed in close cooperation with users, including Seabased AB and Owec Tower AS, and backed-up with data by one of our partners, PGS, a global leader in geo-marine data for the oil & gas industry. It is now available online, demonstrating to early-customers how they can find sites in the ocean to construct their infrastructures in the Netherlands’ coastline. Further developments involve scaling our platform and expanding its functionalities to other geographic regions, particularly ones with large coast lines and high energy production potential (i.e. DE, FR, UK). Through this project we expect to boost Mocean One’s revenues to €13.1 million, while growing the team to 23 people by 2021.

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

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