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CORTIME

CorTime, a Cloud-based intelligent optimization engine for 3D-CAD

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

CORTIME project word cloud

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

million optimization party 2020 of calls turnover 3d innovations provider solutions companies pending whom 15 removing works underpinning people improvements smaller complicated software license apiosoft agility market creates 30 time perform industrial performance sme competition danish gain months innovation euros cloud continuous larger calculations solidworks global additional fuel patent extremely manufacturing employ barriers advantages spend cortime engineers save smes competitive disruptive house technologies intelligent 75 cad marginal engine expensive plug

Project "CORTIME" data sheet

The following table provides information about the project.

Coordinator	APIOSOFT APS Organization address address: HEJREVEJ 30 city: KOBENHAVN postcode: 2400 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]
Project website	http://www.apiosoft.com
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument) 2. H2020-EU.2.1.2. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies)
Code Call	H2020-SMEINST-1-2015
Funding Scheme	SME-1
Starting year	2015
Duration (year-month-day)	from 2015-12-01 to 2016-05-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	APIOSOFT APS APIOSOFT APS Organization address address: HEJREVEJ 30 city: KOBENHAVN postcode: 2400 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.	DK (KOBENHAVN)	coordinator	50˙000.00

Map

Project objective

The ever-increasing competition in the industrial sector calls for continuous optimization of means of production. More often competitive advantages are obtained in marginal improvements of performance rather than disruptive innovation.

Optimization of means of production is an extremely complicated process. Optimization calculations can take months to perform, and the software is extremely expensive therefore often out of reach for smaller companies.

The current innovation project, CorTime, is a cloud-based intelligent optimization engine for 3D-CAD. CorTime enables engineers to save 50-75% of their time spend on product optimization and at the same time save more than 30% of the typical software license costs compared to current solutions.

CorTime is brought to the market by Apiosoft, a Danish-based SME software house. CorTime is based on an in-house developed & patent pending optimization method. CorTime is expected to increase the turnover of Apiosoft by 15 million Euros and employ additional 50 people in 2020.

CorTime is an enabling technology for the uptake of advanced production technologies and manufacturing processes, where especially SMEs will gain major advantages that will fuel not only the number of innovations, but also time to market of new products. While CorTime is also relevant for larger companies, CorTime creates most values by removing barriers for and underpinning the agility of SMEs.

CorTime is developed as a plug-in for SolidWorks, a global 3D-CAD provider, with whom Apiosoft works with through the third-party collaboration programme of SolidWorks.

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

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