Explore the words cloud of the BA-AC project. It provides you a very rough idea of what is the project "BA-AC" about.
The following table provides information about the project.
COPENHAGEN OPTIMIZATION APS
|Coordinator Country||Denmark [DK]|
|Total cost||3˙077˙001 €|
|EC max contribution||2˙153˙900 € (70%)|
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)
|Duration (year-month-day)||from 2019-10-01 to 2021-09-30|
Take a look of project's partnership.
|1||COPENHAGEN OPTIMIZATION APS||DK (COPENHAGEN)||coordinator||2˙153˙900.00|
Airports are facing an increasing challenge of high sustained demand for passenger air travel, expected to increase by 15% by 2025. However, 40% of EU airports will not be able to meet this demand. A new aircraft stand (where aircraft are parked) has a cost between €5m and €15m, in addition to the cost of disruption while constructing. At the same time, operating an airport is a very complex task involving many stakeholders, making it difficult to identify options for increasing efficiencies. Better Airport® is the first cloud-based, holistic, Airport Operations Plan solution, providing airport operators with an AI-driven, easy-to-use solution which efficiently and effectively creates optimised operational plans, enabling informed decision making across airport stakeholders. Using advanced mathematical models and based on years of consultancy within airport operations, Better Airport® covers the entire value chain, from passenger check-in, security and border control to baggage handling and aircraft allocation. Our cloud-based approach allows all stakeholders to access information wherever, whenever, increasing efficiency across operations and ultimately saving airports at least €10m/year, while also driving the EU goal of a Single European Sky. Better Airport® will allow airport operators to forecast, plan and interact airports in between, connecting all airports with one system. The BA-AC project builds upon upscaling our validated prototype, most of our efforts will focus on technology maturation, piloting and market maturation, specifically on the maturation and integration of Better Aircraft, into Better Airport®, and perform large scale piloting at 3 major airports, advancing our current prototype from TRL7 to TRL 9. With a total market of 575 airports, we expect 5 years post project, to reach a market share of 17.8%, totalling 89 client airports, an annual recurring revenue of €20m, accumulated revenue of €65.78m, creating 47 new full-time employee positions.
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The information about "BA-AC" are provided by the European Opendata Portal: CORDIS opendata.