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BRAIN SIGNED

Building a Robotics and Artificial Intelligence Network

Total Cost €

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EC-Contrib. €

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Partnership

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 BRAIN project word cloud

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

belgium    contextual    platform    ftes    demands    fact    mutually    sme    kobi    establishing    confirmed    maintaining    scalability    young    oems    whilst    leuven    price    contracts    respect    12    alternative    companies    million    networks    accelerate    themselves    robotic    finalise    direct    thereby    99    market    solutions    sales    scalable    company    brain    winning    rapid    intelligence    tackle    revenue    tune    manufacturers    industries    125    outperforms    strategy    labour    robotics    channels    grow    2021    2019    award    beneficial    perspective    turn    autonomous    plan    signed    intensive    economic    machines    easily    employment    longer    regarded    demanding    strategic    fine    active    competitors    forecasts    commercial    closed    internationally    whereby    reinforced    playing    capitalize    performance    environmental    fit    hyper    business    patented    feasibility    wave    artificial    robotization    competitive    expertise    demand    skilled    surge    solves    2023    driving    layer    oem    chosen   

Project "BRAIN" data sheet

The following table provides information about the project.

Coordinator		 THE KOBI COMPANY 

Organization address
address: AMBACHTENLAAN 7C
city: LEUVEN
postcode: 3001
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 Belgium [BE]
 Total cost 2˙448˙851 €
 EC max contribution 1˙714˙195 € (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-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-04-01   to  2021-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    THE KOBI COMPANY BE (LEUVEN) coordinator 1˙714˙195.00

Map

 Project objective

The Kobi Company (“Kobi”) is a young, award winning robotics company based in Leuven, Belgium. The problem which Kobi solves and which is driving this demand, is the fact that in many labour-intensive industries, the number one problem for companies is finding skilled personnel whilst maintaining a competitive price. Manufacturers (OEMs) active in these industries know the market is demanding robotic solutions, but many do not have the expertise to tackle this robotization wave by themselves. That is why OEMs turn to Kobi and its patented and highly scalable robotics platform (the “Brain”) that can easily be integrated into existing OEM equipment and turn them into autonomous machines. The Brain far outperforms any existing alternative on the market today from a price/performance perspective. Furthermore, the robotics platform is reinforced with an Artificial Intelligence layer to improve contextual and environmental awareness. The product-market fit and economic feasibility has been confirmed by signed contracts Kobi has closed with several large OEMs. Kobi has chosen for a business approach whereby existing OEMs are no longer regarded as direct competitors but as strategic partners. Establishing mutually beneficial strategic partnerships with OEMs will allow Kobi to capitalize on their strong (distribution) networks and sales channels, thereby achieving hyper-scalability. This SME project aims to fine-tune the Brain, finalise the go-to-market strategy, level the playing field with respect to the large OEMs, and the exploitation plan for immediate implementation to accelerate commercial scale-up so that the company can rapidly grow internationally. Revenue forecasts are expected to increase from ~€ 1 million in 2019 to ~ € 12 million by 2021 and €99 million by 2023. To support the surge in sales, Kobi demands a rapid employment increase, from 7 FTEs to 125 FTEs by 2023.

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

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