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InSightPro

Commercialising an Innovative and Autonomous Analytical Solution Combining On-Line Measurements with Intelligent Cloud Functionalities for Adding Value to Dairy Products.

Total Cost €

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EC-Contrib. €

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Partnership

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 InSightPro project word cloud

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

reaching    niche    lt    recession    penetration    global       industry    intensive    companies    turnover    size    industries    monitoring    fluctuations    installed    pharmaceutical    profit    modernisation    trained    position    7m    complete    resilient    found    4m    interactions    innovative    deal    installation    fourier    250m    understand    afford    return    13    chemical    sales    company    optimisation    infrared    small    times    full    clients    26    solutions    demanding    line    calibration    cloud    pilot    500    markets    competitiveness    recognised    enter    transform    staff    world    expectations    200    nordic    1996    apparatus    medium    unattended    processors    bn    price    net    functionalities    milk    interline    time    completion    satisfy    64    readiness    59    maintenance    continuous    insightpro    producers    consolidate    post    launch    implementing    roi    tough    farms    analytical    adding    solution    near    sme    perform    international    35    worth    saving    leader    dairy    market    commercial    food    plants    investment    fast    serve    move    accumulated   

Project "InSightPro" data sheet

The following table provides information about the project.

Coordinator
Q-INTERLINE AS 

Organization address
address: STENGARDSVEJ 7
city: TOLLOSE
postcode: 4340
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.q-interline.com/eu-project-page
 Total cost 1˙195˙750 €
 EC max contribution 837˙025 € (70%)
 Programme 1. H2020-EU.3.2.4. (Sustainable and competitive bio-based industries and supporting the development of a European bioeconomy)
2. H2020-EU.3.2.1. (Sustainable agriculture and forestry)
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
4. H2020-EU.3.2.2. (Sustainable and competitive agri-food sector for a safe and healthy diet)
 Code Call H2020-SMEINST-2-2016-2017
 Funding Scheme SME-2
 Starting year 2017
 Duration (year-month-day) from 2017-10-01   to  2019-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    Q-INTERLINE AS DK (TOLLOSE) coordinator 837˙025.00

Map

 Project objective

Q-Interline are a R&D intensive SME offering innovative on-line analytical solutions for food, chemical and pharmaceutical industries since 1996. With more than 200 clients and more than 500 apparatus installed the company is a recognised leader in the Nordic market. InSightPro will deliver a novel Fourier Transform Near-Infrared on-line solution with a set of cloud functionalities aimed to enter new international markets and consolidate their position. Through the interactions with our clients and our small-scale pilot studies, we have found a niche of market (i.e. €250m) composed of large companies together with numerous medium size dairy producers and processors which can afford the investment but do not have the trained staff to deal with the calibration, maintenance and measurement issues. The global Dairy Industry (worth €64.bn) has been going through tough times due to the world recession, reduction in milk sales, price, and production fluctuations. The Industry needs to be more resilient to changes over time through implementing a complete modernisation of the production towards Industry 4.0. Dairy companies (i.e. farms and processing plants) must continuously increase their competitiveness by saving costs and adding value to their products to satisfy a demanding consumer. Our solution allows companies across the dairy industry to perform an easy and unattended production optimisation and monitoring with fast (i.e. <1 year post-installation) return of investment (RoI).

InSightPro will serve to bring our product to new markets both EU and US while enabling us to understand how our product needs to be improved and adapted to every process line. It will move our product to full commercial readiness for a Europe-wide launch and a market penetration in the US. The project will enable our company continuous success with turnover expectations of €35.4m, an accumulated net profit of over €26.7m and reaching a RoI of 13.59 after 5 years post project completion.

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

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