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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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 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.

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

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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