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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.

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

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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