Objective
By blending the real and the virtual worlds of industrial production via the internet, the IoT connects all “actors” involved in the production process: machines, products, systems and people. Industry 4.0 will transform the manufacturing process through the self-optimization of production flow, a fully integrated and automatic process, highly flexibilized mass-production, self-diagnosis and intelligent support of workers. In this context, PAT WRAP aims at developing a secure and reliable high-tech automatic wrapping machine based on an innovative IoT platform. During the Phase1 project, the techno-economic feasibility of PAT WRAP will be assessed in order to support the forthcoming Phase2, for its industrialization and business exploitation.
The innovative IoT platform, integrated in a re-designed automatic wrapping machine, will ensure higher productivity, onsite and remote monitoring of the whole machine and of the single components, safety process both for machine and operators, energy consumptions and waste reduction. The main result of PAT WRAP will be a reliable, scalable, flexible and customizable wrapping process, which allows to improve the manufacturing process with a reduction of the environmental impact up to 25%. The technology has already reached TRL6 and the Phase1 project aims at establish a robust industrialization and operational plan, at identifying stakeholders, sales channel and strategic partnership, at strengthening the business model with an in-depth market analysis, sound marketing strategy and reliable financial projections.
The PAT WRAP project will represent a key opportunity for PIERI S.r.l. with the aim to be the first in Europe to introduce an innovative wrapping process integrated with an advanced IoT platform. This process will provide a clear impact on the Company business, affecting turnover (+40%), new employees hiring and a cash flow of around 1.002.540€ with an average ROI of 30% in the first 5 years of commercialization.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology mechanical engineering manufacturing engineering
- natural sciences computer and information sciences internet internet of things
- social sciences economics and business business and management business models
- social sciences economics and business economics production economics productivity
- natural sciences computer and information sciences data science data exchange
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.1.2. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies
MAIN PROGRAMME
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H2020-EU.2.1.5. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced manufacturing and processing
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H2020-EU.2.1.3. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced materials
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
47522 CESENA
Italy
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.