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SERVONE

The Intelligent Service Network Operator

Total Cost €

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EC-Contrib. €

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Partnership

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 SERVONE project word cloud

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

quarter    integrations    roi    expansion    company    plan    nominated    vendors    investments    loosing    global    00m    cool    limited    run    configure    minimum    critical    agility    easiest    05    revenue    understand    data    companies    2021    week    don    projected    automation    centres    service    36    environment    500    hardware    innovation    software    trl6    saas    first    threshold    planning    time    benefit    margins    inclusive    context    downtime    99    mission    regular    solution    commercial    fortune    society    59    pacific    limitations    commercialisation    accessibility    demands    life    41    longer    providers    hours    larger    tekes    giving    solutions    customer    boarded    feasibility    usa    resolution    full    failures    agency    total    grow    client    4m    starting    business    digitalise    tolerable    servone    brings    flow    billion    standardisation    completing    market       asia    gartner    itsm    dynamic    huge    automated    2018    connect    100    operations    2016    digital    cashing    5th    exceeds    launch   

Project "SERVONE" data sheet

The following table provides information about the project.

Coordinator
ONEIO CLOUD OY 

Organization address
address: HUOPALAHDENTIE 24
city: HELSINKI
postcode: 350
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 Finland [FI]
 Project website http://service-flow.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-03-01   to  2017-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ONEIO CLOUD OY FI (HELSINKI) coordinator 50˙000.00

Map

 Project objective

The dynamic of today's IT business market demands 100% operations availability. Mission-critical applications and data centres are cashing-in huge company resources but the investments don't deliver the expected results. As many organisations face hardware and software downtime, IT failures have become regular aspects of company life. 59% of Fortune 500 companies experience a minimum of 1.6 hours of downtime per week, loosing €41.4M/year, as the resolution time often exceeds the tolerable 2 hours threshold. Nominated by Gartner as cool vendors in 2016 and supported by the innovation funding agency Tekes, at Service Flow we understand the limitations of current Information Technology Service Management solutions, especially in service cost, agility, availability and accessibility. As the ITSM market is projected to grow to €8.05 billion by 2021, organisations need cost-effective and reliable ITSM integrations. Within the EU Digital Society context, our project SERVONE brings the first SaaS solution providing the easiest and most reliable service by which ITSM and other service management systems can be integrated. All-inclusive and automated, it enables end-users and service providers to digitalise service processes through a simple Connect-Configure-Run process, giving 99.9% end-to-end availability. Service Vendors no longer need to set up the solution every time a new client is on-boarded. End-users benefit from automation, better management of multi-vendors and multi-customer environment, larger margins and standardisation. Starting from a reliable system but with limited capabilities at TRL6, we plan to bring our solution to a full commercial launch. The Feasibility Study will result in a detailed Business Plan we will use for global expansion by the third quarter 2018 after completing the Phase 2 project. We are planning a market reach across Europe, USA and Asia-Pacific by 5th year of commercialisation with a total revenue of €36.00m and ROI of 5 by 2021.

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

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