Opendata, web and dolomites
  1. home
  2. trasparenza
  3. open h2020
  4. predicts

PrEDICTS

Optimizing Container Load for Parcel and Pallet Transport Networks

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0
 Outcomes and results

 PrEDICTS project word cloud

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

beta    dhl    enriches    data    country    suggests    software    200    identifies    fill    cargo    thrive    2017    trucks    report    enrichment    traffic    recorded    competes    prediction    industry    weeks    transport    transmetrics    transporters    solution    chain    savings    co2    40    leads    empty    twice    underlying    subscription    capacity    business    machine    quality    margins    anticipatory    had    priced    featured    optimizes    cleansing    levels    big    shipments    space    eu    shipping    predictions    integrates    dimension    excess    optimization    post    cleanses    22    dpd    supply    follow    logistics    leader    secured    driving    saas    revenue    linehaul    company    strategies    networks    depending    predicts    20m    efficiency    services    weight    monthly    volume    150    full    issue    incumbents    insider    revenues    9    noise    employees    predictive    info    licenses    parcel    price    companies    client    poor    ai    pallet    groupage    jams    emissions    total    actually    intelligence    10    10k    takes    artificial    historical    innovator    bulgarian    2018    whilst    model    43    benefits    french    congestions    300    learning    mission   

Project "PrEDICTS" data sheet

The following table provides information about the project.

Coordinator		 TRANSMETRICS AD 

Organization address
address: KNYAZ BORIS I STR. 164, FLOOR 2
city: SOFIA
postcode: 1000
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 Bulgaria [BG]
 Project website http://transmetrics.eu/
 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 2018-04-01   to  2018-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    TRANSMETRICS AD BG (SOFIA) coordinator 50˙000.00

Map

 Project objective

EU trucks are driving around with an average of 43% empty space due to poor linehaul capacity utilization in groupage parcel and pallet networks. This leads to important CO2 emissions, congestions, traffic jams, noise levels and low margins for logistics companies. The underlying problem is a data quality issue as shipments are planned based on weight whilst they actually fill up based on volume and dimension. PrEDICTS is a cargo optimization software based on AI and machine learning. It takes a logistics company’s historical data, cleanses and enriches it and optimizes logistics based on predictions for shipping behaviour weeks. It also identifies future excess capacity and suggests strategies on how to achieve full capacity. Our beta client recorded a 10% increase in capacity utilization and 7-9% cost savings (French Post / DPD). Transmetrics is a Bulgarian company whose mission is to improve the efficiency within the cargo transport industry using big data and artificial intelligence. DHL has identified us twice as a future leader in anticipatory/predictive logistics and big data and featured in the Business Insider report on AI Supply Chain and Logistics (more info). We have 22 employees and had €150,000 in revenue in 2017. For 2018, we have already secured €30,000 in monthly revenue (€20,000 licenses and €10,000 in services). With PrEDICTS, Transmetrics targets the top 20,000 transporters (€20M in revenues) that account for 40% of the total industry. They will need advanced technology to thrive. PrEDICTS competes with two major incumbents and another innovator. But it is the only solution that integrates prediction and optimization in the process and features AI-driven data cleansing and enrichment. PrEDICTS will follow a SaaS subscription-based business model priced at €10k/country/month depending on the business with a potential of 200-300% increase in the price based on the achieved benefits for the companies.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "PREDICTS" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

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

More projects from the same programme (H2020-EU.3.;H2020-EU.2.3.;H2020-EU.2.1.)

Colourganisms (2020)

Microbial production of custom-made, pure and sustainable anthocyanins

Read More  

TAPPXSSAI (2019)

Development of a system for automatic ad insertion into on-demand streaming video to provide new monetization mechanisms to the media industry

Read More  

MIGRATECH 4.0 (2019)

The revolution in micro-granulation technology for eco-friendly, production efficient, superior ceramic tiles

Read More