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.

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

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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