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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.

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

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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