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Business Intelligence Engine for Things in Motion

Project description

Discovering and using data for transport and logistics

The onset of digitalisation across many businesses and sectors has led to massive amounts of data delivered to these companies and little means for them to comprehend and understand it. The EU-funded NAVALGO project offers a solution to this problem. It is developing a Business Intelligence engine for Things in Motion, which will be an essential advantage for businesses, especially regarding transport and logistics. It allows them to separate important information from the large volumes of data they receive from IoT devices and more and utilise it to improve their efficiency, reduce costs, and face the challenge of transitioning to a digital and greener enterprise.

Objective

NavAlgo is building a Business Intelligence engine for Things in Motion. Tailored for transport & logistics, it allows users to extract valuable insights from the growing amounts of spatio-temporal data that is being generated (from IoT devices but not only), to improve operations, reduce costs, & meet the challenges of the digital & sustainability transitions.

The solution - a horizontal B2B cloud-native application - enables companies to:
face the data deluge they experience & to make a strategic use of their data with a very short time-to-market, by turning raw (unqueriable, often inconsistent) data on assets’ movement & transport parameters into a reliable vision of their process;
focus their attention on actionable insights related to their supply chain processes, covering anomaly detection, forecasts, and risks of delay or damage.

The solution responds to the growing Business Intelligence needs of companies working with sources of Complex Data - with a special focus on data originating from moving assets (including their location). It is a complete technology stack, which - upon deployment - is meant to be accessible to users without technical skills (e.g. sales / business teams). The solution allows clients to retain full control of their data. Its main societal and economic impact lies in helping to achieve more resilient, optimized and environmentally friendly supply chains. NavAlgo is a women-led company (both the CEO and COO identify as women). A deeptech project whose development started in early 2020, this application aims to reinforce aspects of go-to-market, including IP strategy, customer validation for the primary vertical (transport & logistics), market analysis for further verticals, as well as input to the funding strategy.

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Keywords

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Programme(s)

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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.

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.

HORIZON-CSA - HORIZON Coordination and Support Actions

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-EIE-2021-SCALEUP-01

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Coordinator

NAVALGO
Net EU contribution

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.

€ 75 000,00
Address
2 AVENUE DU 1ER MAI
91120 Palaiseau
France

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Ile-de-France Ile-de-France Essonne
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

No data
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