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MOCEAN INTELLIGENCE

Empowering SMEs to take part in the Ocean Industry with an Intelligent Platform that will support their Business decisions

Total Cost €

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EC-Contrib. €

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Partnership

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 MOCEAN INTELLIGENCE project word cloud

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

lines    intelligence    cooperation    big    outputs    location    driver    decisions    million    economic    oil    functionalities    added    intelligent    geographic    platform    ocean    site    model    off    ab    data    select    customers    online    regions    business    don    global    trl6    months    ones    software    norway    founded    minutes    de    period    uk    automating    structures    construct    2030    physics    biggest    experts    actionable    marine    service    seabased    suitable    coast    energy    35    billion    netherlands    maritime    few    23    innovative    gas    scaling    version    job    sites    creation    revenues    construction    close    pgs    500    involve    companies    expanding    appropriate    team    first    2016    2021    coastline    limitations    forefront    13    owec    solutions    environments    operations    spending    disrupt    smes    market    shore    demonstrating    inputs    leader    infrastructures    alternatives    backed    geo    centred    mocean    oceans    lack    fr    people    industry    exact    insights    tower    boost   

Project "MOCEAN INTELLIGENCE" data sheet

The following table provides information about the project.

Coordinator
MOCEAN ONE AS 

Organization address
address: OVRE VOLLGATE 7
city: OSLO
postcode: n.a.
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 Norway [NO]
 Project website https://moonwalk.me/mocean-one/
 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 2018-11-01   to  2019-02-28

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    MOCEAN ONE AS NO (OSLO) coordinator 50˙000.00

Map

 Project objective

The EU has identified the ocean as the biggest driver of economic growth, with an added value of €500 billion per year and expected job creation of 9 million by 2030. Currently, companies that want to exploit ocean’s resources need to build structures in marine environments, spending between 2 and €35 million to select the most appropriate location and months of analysis. A few solutions focus on automating big data analysis, but present important limitations as they lack a user-centred approach and don’t deliver the exact inputs/outputs needed to make business decisions. Furthermore, they still require a long period of analysis and associated cost. Founded in 2016 by geo-physics and software experts, Mocean One (Norway) aims to bring Europe’s SMEs to the forefront of the maritime market and disrupt the ocean industry. By using an innovative user-centred approach, we have developed MOCEAN INTELLIGENCE (TRL6), an intelligent platform that enables users (i.e. off-shore construction companies) to identify a suitable marine construction or operations site to exploit the oceans’ resources, within minutes. Furthermore, our Software-as-a-Service business model allows us to provide actionable insights at 1/20 of the costs of alternatives. The first version of MOCEAN INTELLIGENCE was developed in close cooperation with users, including Seabased AB and Owec Tower AS, and backed-up with data by one of our partners, PGS, a global leader in geo-marine data for the oil & gas industry. It is now available online, demonstrating to early-customers how they can find sites in the ocean to construct their infrastructures in the Netherlands’ coastline. Further developments involve scaling our platform and expanding its functionalities to other geographic regions, particularly ones with large coast lines and high energy production potential (i.e. DE, FR, UK). Through this project we expect to boost Mocean One’s revenues to €13.1 million, while growing the team to 23 people by 2021.

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

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