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VALKA

ARTIFICIAL INTELLIGENCE SUPPORTED CONSULTANCY SYSTEM FOR FISH PROCESSING OPTIMIZATION

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 VALKA project word cloud

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

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Project "VALKA" data sheet

The following table provides information about the project.

Coordinator
VALKA EHF 

Organization address
address: VESTURVOR 29
city: KOPAVOGUR
postcode: 200
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 Iceland [IS]
 Project website https://valka.is
 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 2019
 Duration (year-month-day) from 2019-02-01   to  2019-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    VALKA EHF IS (KOPAVOGUR) coordinator 50˙000.00

Map

 Project objective

Our world’s marine ecosystem is at the brink of collapse because of extensive fishing: 31% of fisheries are overfished and 58% are fished to their capacity. However, the reduction of fish quotas would entail the subsequent loss of job positions and fish industry profitability, leaving many countries within the European borders in a complicated position from a socio-political plane. Thus, to make global fishing sustainable, the industry needs to maximize the value of fish products to allow applying higher restrictions in the fish quotas without a socio-economic impacting. Valka was founded in 2003 as an Icelandic start-up with the vision of becoming the leading provider of fish processing systems globally. Since then, we have been growing by designing and producing high tech systems for fish processors with the aim to maximize accuracy, increase yields and efficiency through automation in collaboration with the customer. In this regard, FishPro plays a pivotal role in our internationalization process by paving the way for entering new markets though a disruptive value proposition which place us in the technological forefront of the sector. Hence, the multidisciplinary group of experts which constitutes the 80 members of the company have a fully commitment with the present project. To contribute to fisheries sustainability, we are developing reinforced learning based consultancy software (FishPro) to optimize the value of the whole load and match the raw material with the sales orders. FishPro software provides recommendations for optimal processing of the catch to maximize value. (e.g. market, type of fillets, conditioning). This will ensure optimal matching of the products with the demand, thereby minimizing waste. This manner, we have estimated a 25% improvement with respect the profitability of current automatization procedures.

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

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