Opendata, web and dolomites

FieldTwin SIGNED

First centralized data platform for efficient and collaborative development of offshore energy projects

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0

 FieldTwin project word cloud

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

savings    worldwide    licensees    futureon    strategy    15    environment    share    planning    assets    time    feasibility    collaborative    phases    2022    plan    clients    world    co    lacking    corporations    senior    millions    beta    founders    prevent    smart    commercial    first    substantially    30    source    software    delays    finalize    model    engineering    experts    accelerated    offshore    external    lower    paas    tools    80    core    counting    financial    multitude    domain    quo    selling    context    market    70    provider    chain    benefits    commercialised    tool    ecosystem    solutions    total    big    amongst    companies    digital    entrepreneurs    generating    data    11k    professionals    risk    xvision    communications    abandoning    occurs    26    decision    energy    emerges    visual    status    mission    maintenance    uncovered    basis    interacts    capital    estimate    licenses    analytic    timelines    streamlined    industry    life    sources    solution    errors    installing    twin    team    risks    serve    4m   

Project "FieldTwin" data sheet

The following table provides information about the project.

Coordinator
FUTUREON AS 

Organization address
address: KONGSBERGGATE 11
city: OSLO
postcode: 153
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 Norway [NO]
 Project website https://www.futureon.com/digital-field-twin/
 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 2019-08-01   to  2019-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    FUTUREON AS NO (OSLO) coordinator 50˙000.00

Map

 Project objective

Offshore project design, planning and maintenance are complex tasks involving a multitude of companies and domain experts. The industry is lacking the ability to share information across the ecosystem of companies. This status quo substantially delays project timelines and prevent for risks to be uncovered. In an industry characterized by high capital cost, streamlined execution and avoided risk enable millions in savings.

FieldTwin is a digital working environment for planning, installing, operating and abandoning energy fields. Assets are integrated with external data sources and smart analytic tools creating smart digital fields. Collaboration occurs in a visual relevant context (as it will in real-world), in real-time and based on real data. The benefits are a lower risk of communications and planning errors; 30% to 70% reduced cost in the design process for the whole value chain by quickly finding the best solution and accelerated timelines across the life of a project, 20-80% lead time reduction in planning and design phases and total project lead time reduction or 10-30%.

With FieldTwin we are first to market. FieldTwin is commercialised as a PaaS model. We already have over 100 beta user-licenses, counting with big corporations amongst our clients. We estimate selling 11k licensees by 2022, generating €26.4M. The feasibility study will serve as the basis to finalize our product development strategy and commercial and financial plan. FutureON AS emerges from Xvision AS - with more than 15 years’ experience as provider of visual engineering solutions for clients worldwide in the offshore domain. Our core team and co-founders are all experienced entrepreneurs and senior professionals within visual design, software development and offshore domain experts. Our mission is to provide the Energy Industry a collaborative open digital tool that interacts with any data source at any time for any user in the decision-making ecosystem.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "FIELDTWIN" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

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

More projects from the same programme (H2020-EU.3.;H2020-EU.2.3.;H2020-EU.2.1.)

Dyme (2019)

Dyme gives its users complete control over their financial situation. The Dyme application provides insight into users’ spending and subscriptions, and lets users cancel, negotiate, or switch any cont

Read More  

DeltaQon (2019)

IOT and cloud computing for online medical analysis service platform

Read More  

COPI (2020)

Carbon Offset Plug-in

Read More