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OnTrack SIGNED

Development of a commercial manufacturing process for embeddable RFID and NFC Tags forcomplete lifecycle tracking of tyres

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

OnTrack project word cloud

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

npv 40m imported profits 2m 9m treaded logistical months sensors internal safety iot integrity provides chinese mainly 2bn whereas traceability history treads poor repairs treading clear lifetime 44 manufacturing ethos easier economy assuming industries re smartphone post silent innovative company valued data events speed skilled europe tread cumulative manufactured rfid fuel supply underperform market interrogate cheap 11 quality single discount remove manufacturer total tyre tyres solution annum 3 uhf premium tags 2015 empowering nfc china rate threat ontrack period roi embed plan 300 efficiency tests industry performance temptation return jobs opportunity fos life 45 materials patterns burden employees simpler 500 offers model declining buy influx payback replace encouraged gross permanent store id

Project "OnTrack" data sheet

The following table provides information about the project.

Coordinator	SILENT SENSORS LIMITED Organization address address: SUITE 98, 28 OLD BROMPTON ROAD city: LONDON postcode: SW7 3SS 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	United Kingdom [UK]
Project website	https://www.silentsensors.com/research-and-development/project-ontrack-eu-h2020-sme-instrument-phase-2/
Total cost	2˙200˙707 €
EC max contribution	1˙540˙495 € (70%)
Programme	1. H2020-EU.3.4. (SOCIETAL CHALLENGES - Smart, Green And Integrated Transport) 2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)) 3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
Code Call	H2020-SMEINST-2-2016-2017
Funding Scheme	SME-2
Starting year	2017
Duration (year-month-day)	from 2017-10-16 to 2020-02-15

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	SILENT SENSORS LIMITED SILENT SENSORS LIMITED Organization address address: SUITE 98, 28 OLD BROMPTON ROAD city: LONDON postcode: SW7 3SS 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.	UK (LONDON)	coordinator	1˙540˙495.00

Map

Project objective

Europe’s tyre manufacturing and re-treading industries are under increasing threat from imported tyres mainly from China. The EU re-treading industry is valued at €1.2bn (2015) but is declining due to the influx of Chinese tyres leading to the loss of highly-skilled jobs.

The low-cost imported tyres cost on average €80 per tyre compared to €300-500 from a premium manufacturer. The temptation to buy these low-cost tyres is clear, however they are manufactured from poor quality materials with tread patterns that underperform. The ethos of cheap tyres is ‘use and replace’, whereas premium tyres are built to be re-treaded to increase lifetime. As a result, imported tyres are not cost effective over the lifetime of the tyres due to poor fuel economy and performance. Use of premium tyres and re-treading over the use and replace model needs to be encouraged to increase safety and fuel efficiency.

Silent Sensors are an innovative IoT company that are working on a tyre traceability solution to remove the logistical burden of re-treading for FOs. We are manufacturing UHF/NFC RFID tags ‘OnTrack’ to embed directly into tyres which provides each tyre with a permanent, unique ID for life. Our tags can store data from the manufacturing process and key events during operational use such as repairs etc. This comprehensive history for each tyre makes it easier for FOs to plan their tyre re-treads. This data also makes the re-tread process simpler as the tyre history will speed-up integrity tests.

OnTrack is the only tyre traceability solution that offers NFC – empowering employees to interrogate tyres with just a smartphone. We have a clear market opportunity with OnTrack to supply up to 40m tags/annum to a single tyre manufacturer. Based on our 7-year cumulative total gross profits of €44.9m post-project, the 7-year ROI is 5.44:1 with a payback period of 40 months. The Internal Rate of Return is 45% and NPV of 7-year Operating Profits is €11.2m (assuming a 3% discount rate).

Deliverables

List of deliverables.
D8.3 Interim Report	Other	2019-10-09 11:56:15

Take a look to the deliverables list in detail: detailed list of OnTrack deliverables.

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