Opendata, web and dolomites

SMARTSTAIR SIGNED

Robotic Production of EPS Formwork for cost-effective Concrete Stairs

Total Cost €

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EC-Contrib. €

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Partnership

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 SMARTSTAIR project word cloud

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

opportunity    software    intensive    formwork    industry    turnover    replaces    eps    manufacturers    total    timber    commercial    manufacturer    iconic    64x    superior    headcount    100m    designed    annually    2025    cagr    pioneer    became    app    faster    containerized    world    massive    odico    model    licensing    person    hotwire    first    staircases    assembled    business    things    wire    added    olafur    founded    vejle    addressable    2026    groundbreaking    not    slash    88    botics    250    ipad    cutting    severe    people    takes    proprietary    manual    2012    molds    robot    eliasson    manufacturing    pain    famous    expensive    patent    tool    iot    alone    87    waste    2014    days    internet    artist    producing    hardware    polystyrene    building    platform    casting    international    penetrate    time    expanded    introducing    opus    denmark    customers    market    countries    form    13bn    full    robotic    5m    fjordenhus    points    serviceable    innovation    specifications    ebitda    industrial    ro    share    designs    23    smartstair    blocks    few    company    staircase          dubai    formworks    pending    profile    cluding    minutes    tons    construction    48bn    generates   

Project "SMARTSTAIR" data sheet

The following table provides information about the project.

Coordinator
ODICO A/S 

Organization address
address: OSLOGADE 1
city: ODENSE
postcode: 5000
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 Denmark [DK]
 Total cost 1˙354˙245 €
 EC max contribution 947˙971 € (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-EIC-SMEInst-2018-2020-3
 Funding Scheme SME-2b
 Starting year 2020
 Duration (year-month-day) from 2020-03-01   to  2021-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ODICO A/S DK (ODENSE) coordinator 947˙971.00

Map

 Project objective

Founded in 2012, Odico A/S is an international pioneer in the emerging field of ro¬botics for the construction industry. In 2014, Odico became the first company in the world to produce form¬work (i.e. molds for concrete casting) with robotic hotwire cutting and Expanded Polystyrene (EPS) blocks for a commercial project – the iconic Fjordenhus in Vejle (Denmark) designed by the world-famous artist Olafur Eliasson. We have completed over 250 robot manufacturing projects in 6 countries, in¬cluding several high-profile construction projects, such as the Opus Dubai building. Today, producing formworks (i.e. molds) for a typical concrete staircase takes up to 4 person-days. Our SmartStair innovation will do this in under 30 minutes; 64x faster than existing technology. SmartStair is a containerized, full-feature robot production system developed by Odico and currently patent-pending. It replaces non- value-added manual work and enables concrete manufacturers to slash formwork manufacturing costs by up to 88%. The system comprises a) an industrial robot with b) a proprietary wire-cutting tool, c) groundbreaking robot control software developed by Odico, and, d) all assembled in a containerized Internet-of-Things (IoT) platform. With the easy-to-use SmartStair App for iPad, the concrete pre-manufacturer designs the formwork according to project specifications, in just a few minutes. SmartStair addresses our customers’ severe pain points: building formworks for staircases is expensive, time-intensive and generates 100M tons of timber waste annually in Europe alone. The market opportunity is massive. Our Total Addressable Market is €2.13Bn and will reach €2.48Bn by 2026 at a CAGR of 5%. We aim to rapidly penetrate this market by introducing a far superior technology. Through our hardware software licensing business model, we expect a market share of 1.8% (of Serviceable Available Market), a turnover of €23.5M, EBITDA of €6.5M and headcount of 87 people by 2025.

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

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