Objective
TruePivot is an award winning Irish SME specialising in engineering analytics software. Our software uses statistical analysis and advanced engineering algorithms to identify errors in structural designs. Over 45% of all structural failures to infrastructure are caused by errors at the design stage. TruePivot is the only software on the market that can ensure that structural failures or collapse resulting from defective designs are completely eliminated for new critical infrastructure projects, and that historic design defects in existing infrastructure can be detected and amended before a catastrophic disruption occurs, for example ensuring a building has sufficient structural redundancy to resist a terrorist attack or natural disaster. With a potential global market of over €8 billion annually TruePivot is determined to commercialise its cutting edge technology.
The target users of TruePivot are engineering firms globally, who need to reduce design errors and improve the material efficiency of their designs. At the outcome of this project TruePivot will have a robust, market ready software that enables engineers to produce safer and more efficient designs, faster. The Feasibility Assessment to be undertaken in Phase 1 is as follows:
• Live-tests on technology
• Market analysis to define the best routes to our initial target markets across Europe
• Full commercial validation of the service and a complete business plan for Phase 2 implementation
In Phase 2 our goal is to scale-up the technology to allow for a global roll out by 2018
Target Markets: UK/Ireland followed by EU/US roll out with global roll out by 2018
TruePivot will have the following effects on the design of critical urban infrastructure
– less design errors leading to less structural failures or collapses of urban infrastructure
– Vastly lower carbon emissions due to more efficient use of steel and concrete
– Increased productivity for engineering firms.
Fields of science
- natural sciencescomputer and information sciencessoftware
- social sciencespolitical sciencespolitical transitionsterrorism
- engineering and technologycivil engineeringstructural engineering
- social scienceseconomics and businesseconomicsproduction economicsproductivity
- natural sciencesearth and related environmental sciencesphysical geographynatural disasters
Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1Coordinator
D8 DUBLIN
Ireland
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.