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DATASET SIGNED

Advanced manufacturing though data analytics and intelligent insights

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 DATASET project word cloud

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

create    iot    jobs    energy    saas    multivariate    software    factory    facilities    anyone    generate    impossible    manual    acquisition    utilize    amounts    56    exclusive    commercialization    inefficient    easily    optimization    solution    competition    kinds    industrial    simultaneously    sensors    equipping    productivity    property    library    million    factories    billion    integrate    university    begun    norwegian    euros    unnecessarily    off    raw    tool    learning    analytics    machine    water    operates    hence    made    emissions    harness    materials    replicated    unfortunately    ntnu    else    revenue    core    450    471    data    money    ai    market    series    analyze    predictive    annually    manufacturers    requiring    wasting    owners    greenhouse    modern    expert    science    successful    maturation    bottlenecks    created    web    collect    purchased    operations    specialized    prepared    manufacturing    intervention    extensive    assets    industry    time    shelf    2017    global    sustainable    2025    invest    66    gas    massive    intelecy    50    smarter    asynchronous    algorithms   

Project "DATASET" data sheet

The following table provides information about the project.

Coordinator
INTELECY AS 

Organization address
address: GAUSTADALLEEN 21
city: OSLO
postcode: 349
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]
 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 2019-12-01   to  2020-04-30

 Partnership

Take a look of project's partnership.

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

Map

 Project objective

Modern factories are unnecessarily inefficient. A typical factory operates at only 66% productivity , which can cost industrial manufacturers an estimated $50 billion annually. Factories are wasting energy, water and raw materials, while simultaneously contributing 56% of global greenhouse gas emissions. With the rise of Industry 4.0, factory owners have begun equipping their facilities with sensors to collect production data across all kinds of assets. Unfortunately, these same factories are not prepared to utilize these massive amounts of data for smarter and sustainable operations and hence manual analysis is impossible. Modern factories need a solution which can easily integrate with their existing data acquisition systems and identify bottlenecks in the production process without requiring expert intervention. Intelecy is a web-based software product for predictive analytics and process optimization made specifically to harness the value of industrial IoT data for manufacturers. Created in collaboration with the Norwegian University of Science and Technology (NTNU) in 2017. Intelecy is an off-the-shelf advanced AI SaaS tool for manufacturing data analytics. At Intelecy’s core operates an extensive library of machine learning algorithms specialized for industrial multivariate asynchronous time series data. We have purchased these algorithms from NTNU, making them our unique and exclusive property which cannot be easily replicated by anyone else. for successful commercialization, we must create market awareness, analyze competition, and invest money in maturation of Intelecy. By achieving these objectives, Intelecy will generate revenue of 471 million euros and 450 new jobs by 2025.

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

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