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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.

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

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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