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CyRaCo Box

Financiado

Cerrado

The next generation digital inspection platform for fully remote supply chain mo...

The next generation digital inspection platform for fully remote supply chain monitoring The global Testing, Inspection and Certification (TIC) market is expected to reach €250 billion by 2024, driven by international trade, tightening regulations and outsourcing. This market is also changing radically and will experi... ver más

31/12/2019

CyRaCo

71K€

Presupuesto del proyecto: 71K€

Líder del proyecto

CYRACO GMBH No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Fecha límite participación Sin fecha límite de participación.

Ver 3 Participantes

Financiación concedida El organismo H2020 notifico la concesión del proyecto el día 2019-12-31

EIC-SMEInst-2018-2020: SME instrument

I+D

Cerrada hace 7 años

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Este proyecto no cuenta con búsquedas de partenariado abiertas en este momento.

Información adicional privada

No hay información privada compartida para este proyecto. Habla con el coordinador.

3 Participantes

CyRaCo

50.00K€ | Lider

GENERA MOBILE SOLUTIONS, S.A...

293.06K€ | Participante

MOBIGUO

472.85K€ | Participante

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Duración del proyecto: 5 meses Fecha Inicio: 2019-07-09
Fecha Fin: 2019-12-31

Líder del proyecto

CYRACO GMBH No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Presupuesto del proyecto 71K€

Fecha límite de participación Sin fecha límite de participación.

Descripción del proyecto The global Testing, Inspection and Certification (TIC) market is expected to reach €250 billion by 2024, driven by international trade, tightening regulations and outsourcing. This market is also changing radically and will experience a complete technological revolution, as traditional TIC services are now in decline in favor of digitalized alternatives. This is particularly relevant for the manufacturing vertical, where manufacturers and retailers still heavily rely on third party quality inspectors to monitor the supply chain. This process is expensive, complex and unreliable, since real-time inspections are not feasible on remote locations. Additionally, current digital alternatives are not fully automated and lack the tools to guarantee a full inspection. Existing partial solutions only provide highly specific tools and do not offer cross-sector factory inspections. Our team of highly experienced experts in the TIC field is developing the CyRaCo Box, a unique and patent-pending tool that provides a reliable, efficient and real-time remote factory inspections. It combines 3D Modelling, Augmented Reality, Cloud technology, analytics and smart sensors to offer completely automated and fail-safe factory inspections. As a result of the improved efficiency and automation, it also reduces traditional inspection costs by 90%. The CyRaCo Box wil democratize supply chain monitoring, promote supplier accountability and pave the way towards real ethical sourcing. Additionally, it will also facilitate international trade for European SMEs, which do not have the necessary resources to develop expensive in-house inspection infrastructure. The unique features of the CyRaCo Box will allow us to grow exponentially and disrupt the inspection market, with a highly scalable and flexible subscription-based business model. By 2024, we will already perform almost a thousand factory inspections, generating over €16 million in revenues and resulting in a ROI of 7.75.

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