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HIBOO

HIBOO, the data platform to visualize and predict the industrial world

Total Cost €

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EC-Contrib. €

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Partnership

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 HIBOO project word cloud

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

   hiboo    efficiency    deductions    optimise    favours    sales    decisions    internet    visibility    incur    transmitted    clients    optimisation    company    customer    assets    inventory    28    data    35    critical    confirming    made    abuse    8m    global    return    thefts    12    accurate    solid    prolonged    sensor    80    provides    backed    100    innovation    fixed    business    2026    construction    actual    idling    rental    analytics    expert    supervision    tracking    improves    mobile    criteria    30    market    units    cagr    saas    impressive    eponymous    presented    view    jobs    operation    powered    eye    things    collected    rate    billing    gather    engines    productivity    estimate    logistics    perspectives    automatically    total    bird    innovative    temperature    solutions    26    preventing    self    interface    location    attached    companies    profits    monitoring    iot    unaccounted    depreciation    gathering    industrial    time    transport    billion    adequately    solution    losses    7m    fleets    big    platform    unauthorised    investment    sectors    accurately    37    modules    competitiveness    asset   

Project "HIBOO" data sheet

The following table provides information about the project.

Coordinator
HIBOO SYSTEMS SAS 

Organization address
address: 91 RUE DU CHEMIN VERT
city: PARIS
postcode: 75011
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 France [FR]
 Project website https://www.hiboo.io/
 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    HIBOO SYSTEMS SAS FR (PARIS) coordinator 50˙000.00

Map

 Project objective

Asset tracking and management is critical for companies with large fleets of units or equipment, especially in construction, industrial rental, logistics and transport sectors. By not adequately and accurately tracking usage of their equipment, companies today cannot optimise their productivity & eventually incur unaccounted losses in thefts or asset depreciation. Growing at a CAGR of 12.9%, the global asset tracking & inventory management solutions market is expected to reach €26.5 Billion by 2026, confirming the needs of an innovative way to automatically gather, organise, and process location, usage, availability and other key operational criteria of resources or equipment for useful deductions and accurate decisions to be made. Expert in Internet of Things (IoT) and SaaS platform, our company HIBOO is offering its eponymous HIBOO, an integrated, all-in-one IoT solution for supervision of mobile or fixed industrial assets. Using self-powered multi-sensor modules attached to the assets, the data is automatically collected in real-time, transmitted with 100% delivery rate, and presented on a dedicated interface to provide more visibility and perspectives such as level of usage, temperature and condition of operation. Using big-data and analytics, our innovation provides a bird’s eye view for clients to make high impact business decisions backed by solid evidence of data collected. Our technology improves efficiency through monitoring and preventing asset abuse (thefts, prolonged idling of engines, unauthorised usage, etc.). This favours cost reduction, optimisation of competitiveness through a 30% increase in efficiency, 80% reduction in data gathering and a more robust customer billing process based on actual asset usage. After 5 years of exploitation, we estimate to reach over €28.7M in sales and €9.8M in profits at an impressive return on investment of 4.37, creating a total of 35 jobs in the process.

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

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