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IOTI4.0 SIGNED

Integral Open Technology for Industry 4.0

Total Cost €

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EC-Contrib. €

0

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.

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

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.

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

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lastchecktime (2020-10-29 23:27:23) correctly updated