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IOTI4.0 SIGNED

Integral Open Technology for Industry 4.0

Total Cost €

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EC-Contrib. €

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Partnership

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 IOTI4.0 project word cloud

Explore the words cloud of the IOTI4.0 project. It provides you a very rough idea of what is the project "IOTI4.0" about.

worldwide    delivers    cornerstone    industries    200    record    2020    track    3bn    jobs    compliant    employees    few    iec61131    missing    industrial    environments    technologies    competitiveness    team    source    interoperable    oshw    sectors    37m    flexibility    cheaper    60    price    plan    sizes    strategic    countries    affordable    programming    security    33m    worth    ambition    sme    hardware    productivity    brings    digitalisation    licence    economy    clients    smes    enterprises    proprietary    accelerate    provider    2m    accounting    software    business    sufficiently    market    automation    85    intelligent    transition    benefits    accessible    barcelona    sales    young    serve    applicable    risk    thanks    ready    reaching    disrupt    nor    50    specialised    innovative    ioti4    standardised    industry    company    interoperability    services    professional    153    international    staff    first    expensive    dynamic    professionalised    train    16    4m    solutions    boot    fact    revenues    2012    48    biggest    added    investment   

Project "IOTI4.0" data sheet

The following table provides information about the project.

Coordinator		 BOOT&WORK CORP SL 

Organization address
address: CALLE PONT VELL NUM 1 11
city: SANT FRUITES DE BAGES
postcode: 8272
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 Spain [ES]
 Total cost 1˙436˙069 €
 EC max contribution 1˙005˙248 € (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-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-10-01   to  2021-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BOOT&WORK CORP SL ES (SANT FRUITES DE BAGES) coordinator 1˙005˙248.00

Map

 Project objective

The Industry 4.0 is creating new opportunities to enhance the competitiveness of industries, a sector accounting for 2M enterprises, 33M jobs and 60% of EU productivity growth. However, SMEs risk missing the train of digitalisation because existing proprietary technologies for automation and control are expensive and do not provide the flexibility required in dynamic industrial environments.

The IOTI4.0 project aims to disrupt the market of industrial automation and control (a market worth $153.3Bn) through a highly innovative business concept: the use of Open Source Hardware (OSHW) in professional industrial environments. OSHW brings great benefits to the user in terms of cost, flexibility, security and interoperability. It also delivers growing benefits to the economy. However existing solutions are not sufficiently developed nor professionalised to serve the needs of industry. IOTI4.0 will bring into the market the first interoperable, standardised (IEC61131-compliant) OSHW-based technology for Industry 4.0 (both hardware devices and intelligent programming software). It will do so at a much more affordable price (50% cheaper on average) thanks to the fact that OSHW does not have the added cost of a proprietary licence. Applicable to industries of any sizes and sectors, IOTI4.0 will make digitalisation accessible to any SME willing to transition to Industry 4.0. The company behind IOTI4.0 is Boot & Work, a young SME (Barcelona, 2012) specialised in OSHW solutions for industry. With a team of 16 staff, in just a few years, we have achieved a track record in international sales (1,200 clients in 85 countries). IOTI4.0 is the cornerstone of our strategic plan to accelerate growth. With an investment of 1.4M€, the new products and software services will be ready by end-2020. We expect 4M€ in revenues in 2020, reaching 37M€ and 48 employees in 5 years. Our ambition is to become the biggest provider of industrial solutions based on Open Source Hardware worldwide.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "IOTI4.0" project.

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The information about "IOTI4.0" are provided by the European Opendata Portal: CORDIS opendata.

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