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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.

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

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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