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PGplant

The Facade of Industrial Internet

Total Cost €

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EC-Contrib. €

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Partnership

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 PGplant project word cloud

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

basic    economy    2030    entire    add    stuck    layered    replaces    expansion    software    industry    model    validity    outside    ui    disruptive    interface    variety    transformational    pg    innovative    ready    close    attractive    solution    customers    grounds    attracts    scalable    corporate    business    domestic    give    technologies    gartner    near    empower    hype    situation    appeared    multiple    changing    manufacturing    phase    window    implementing    forecasted    definition    dollars    players    sluggish    twin    physical    solutions    technically    actions    providers    disrupt    brings    internet    industries    cycle    digital    things    cooperation    moment    smes    market    3d    data    strategic    proper    facade    trillions    practices    global    managed    newcomers    companies    opportunity    services    latest    lucrative    dynamic    scalability    revolutionary    decision    visualize    additional    thing    infrastructure    create    iiot    2017    genius    ltd    industrial   

Project "PGplant" data sheet

The following table provides information about the project.

Coordinator
PROCESS GENIUS OY 

Organization address
address: TORIKATU 19
city: JOENSUU
postcode: 80100
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://www.processgenius.fi
 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 2018
 Duration (year-month-day) from 2018-05-01   to  2018-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    PROCESS GENIUS OY FI (JOENSUU) coordinator 50˙000.00

Map

 Project objective

Industrial Internet of Things is expected to disrupt entire industries. The market related to IIoT is forecasted to add trillions of dollars to the global economy by 2030. This new and lucrative market opportunity attracts a variety of players, among them large established business system providers as well as innovative newcomers with emerging technologies. The current situation is that many large industrial organizations are stuck with current IT infrastructure and are therefore sluggish in implementing IIoT solutions. This situation is at the moment rapidly changing and will open an opportunity window for innovative SMEs, which create new services and disruptive practices in close cooperation with forward looking industrial partners. Process Genius Ltd (PG) is one of those newcomers changing the way industrial companies are managed. We offer a new approach to visualize corporate data and empower the decision making. We do it by providing customers with a revolutionary multi-layered 3D user interface, which replaces multiple UI's of current business systems. This so called Digital Twin technology has appeared in the latest Gartner’s Hype Cycle for the Internet of Things among Top 10 Strategic Technology Trends for 2017 with transformational impact on the industry. According to Gartner’s definition, Digital Twin is “a dynamic software model of a physical thing or system”. So PG’s approach brings additional value on top of the basic concept. We give to industrial internet an attractive 3D facade. PG’s main objective for the near future is to make our business scalable and ready for expansion to the global market. Since technically our solution is already well scalable, we should focus on the scalability of our business model as well as its validity outside the domestic market. Actions described in this proposal will provide proper grounds for expansion in EU market. The main industrial focus of Phase 1 and Phase 2 projects will be in manufacturing industry.

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

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