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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.

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

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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