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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.

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

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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