Opendata, web and dolomites

GRID SIGNED

Spreadsheets run the world. We run spreadsheets.

Total Cost €

0

EC-Contrib. €

0

Partnership

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 GRID project word cloud

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

dashboards    45m    cagr    innovation    clear    transforming    advantages    business    grid    mechanism    3bn    shortcomings    driving    presentation    apaas    model    60    volume    survey    750m    iceland    spreadsheets    server    left    world    extension    follow    5bn    suites    18    technological    ones    planning    flexibility    ing    introduce    web    tools    infrastructure    expansion    budgeting    decision    32    estimate    located    tool    automatically    handling    roi    start    layers    individuals    market    environment    full    levels    monthly    service    manipulation    profit    entrepreneurs    integrity    2018    inc    subscriptions    data    platforms    office    read    founded    online    analytics    consists    files    35    people    fte    strategy    reports    vision    self    7bn       modern    2020    intelligence    additional    collection    creation    analytic    completing    critical    logic    13    almost    successful    good    underpins    interactive    developers    though    27    solving    compile    2023    spreadsheet    fast    opportunity    pay    software    cumulated    storage   

Project "GRID" data sheet

The following table provides information about the project.

Coordinator
GRID EHF 

Organization address
address: KLAPPARSTIGUR 29
city: REYKJAVIK
postcode: 101
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]
 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 2019-05-01   to  2019-08-31

 Partnership

Take a look of project's partnership.

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

Map

 Project objective

The spreadsheet is the most widely used data storage, manipulation and modelling software tool within the non-developers reach. Almost 750M people use it, while 60% of the business world underpins every critical business decision, planning and budgeting based on spreadsheets. Since a strong business comes with good data, analytic strategy and clear vision, organisations are extending current infrastructure with modern analytics tools, driving fast market expansion for Application Platforms as a Service, aPaaS (3.5Bn€ by 2020, 18.5%CAGR). Business intelligence based on spreadsheets is left behind though due to their shortcomings in handling high data volume, data integrity and flexibility. As successful entrepreneurs with 20 years of experience in software development for the data market, we have the means to challenge the shortcomings of spreadsheets. We introduce GRID, a high level web-based application transforming spreadsheets into user-friendly reports, dashboards and interactive applications. Through it, we enable not only the creation of new data collection, but also handling the existing ones within the online environment. Our technological innovation consists of a 3 steps mechanism capable to read spreadsheet files and automatically compile the data, logic and presentation layers to server-side. A 2018 start-up located in Iceland, GRID Inc, was founded as a response to a business opportunity resulting during our survey on spreadsheets as a self-service problem solving tools for non-IT individuals. GRID is an aPaaS that could improve the advantages of Business Intelligence (30.3Bn€ by 2023) or become an extension to Office Suites (27.7Bn€ by 2023). We follow a Software as a Service business model, a “Pay as you go” mechanism and 3 levels of monthly subscriptions offering full access and functionality of our product. By completing this project, we estimate 35.45M€ cumulated profit, ROI of 13.18 and additional 32 FTE.

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

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