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AxleRing SIGNED

Breakthrough self-charging remote monitoring device for smart rail freight wagons to enhance sustainability of railway sector

Total Cost €

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EC-Contrib. €

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Partnership

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 AxleRing project word cloud

Explore the words cloud of the AxleRing project. It provides you a very rough idea of what is the project "AxleRing" about.

remote    save    market    owners    turnover    performance    prevention    patented    economic    device    transformation    central    smart    human    companies    railways    centred    railway    mode    savings    assets    logistics    transportation    innovation    social    commercialization    model    marketing    american    entity    time    productivity    internationalization    plan    efficiency    oriented    keepers    seek    chain    plays    monitoring    annual    commercializing    lives    solutions    visibility    logistic    sustainability    charging    company    mainly    wagon    digital    self    deployment    markets    greenest    possibility    smei    innovations    triggers    maintained    loads    2021    sme    manufacturers    continuous    transport    million    ing    broad    impacts    generating    urgent    considerable    environmental    45    saved    flotillas    update    strategic    check    options    trl    eur    optimization    belongs    rail    protection    pressure    safety    breakthrough    organization    extension    maintenance    axlering    acting    scaling    partnership    expensive    derailments    supply    billions    north    wagons    business    feasibility   

Project "AxleRing" data sheet

The following table provides information about the project.

Coordinator
LEVEL SRO 

Organization address
address: PLHOVSKA 1997
city: NACHOD
postcode: 547 01
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 Czech Republic [CZ]
 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 2019-06-01   to  2019-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    LEVEL SRO CZ (NACHOD) coordinator 50˙000.00

Map

 Project objective

Railway plays a central role in European logistics and it is continuously growing. With the increasing importance of rail transport as the greenest mode, there is an urgent need on safety, efficiency, performance and availability to ensure its sustainability. Companies acting in railway sector are under cost pressure which triggers the need for optimization and higher productivity, mainly through digital solutions and innovations. Owners of railway wagons such are railways, wagon manufacturers and keepers and logistic companies, seek the possibility of smart solutions for continuous remote monitoring of their expensive wagon flotillas and loads. They could save billions on maintenance and transportation costs if they know which wagon has to be maintained in which time and achieve better visibility over their supply chain. Broad economic, social and environmental impacts of a commercializing the patented self-charging remote monitoring AxleRing device are centred mainly on prevention of derailments, protection of expensive assets and loads together with optimization of maintenance and logistics, resulting in considerable savings, higher productivity and saved human lives. The aim of this project that belongs to the TRL 6 is to develop marketing and deployment process and organization to support internationalization of AxleRing. The feasibility study is focused on assessment of “go-to-market” options, extension of the legal protection and business plan update. AxleRing project aims at generating annual turnover of 45 million EUR by the end of 2021. The project is a strategic initiative for growth and transformation of the company from an innovation-driven entity, to a market-oriented SME with scale-up partnership based business model. The aim of the Phase 1 project is so to check the feasibility of scaling-up the AxleRing concept for commercialization and bring this breakthrough innovation to European and North American markets, e.g. by the SMEI Phase 2 funding.

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The information about "AXLERING" are provided by the European Opendata Portal: CORDIS opendata.

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