Opendata, web and dolomites


Spreadsheets run the world. We run spreadsheets.

Total Cost €


EC-Contrib. €






 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.

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

Project "GRID" data sheet

The following table provides information about the project.


Organization address
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


Take a look of project's partnership.

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


 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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