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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.

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

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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