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PGplant

The Facade of Industrial Internet

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

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.

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

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 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.	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.