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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.

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

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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