Project description
A new era in smart, automated building inspection
A significant portion of European infrastructure was constructed during the post-World War II period, particularly in the 1950s and 1960s. Now these ageing structures and facilities face a pressing dilemma as they reach the end of their lifespan. Valued at EUR 42.2 billion, the global inspection, repair, and maintenance market is facing the challenges of maintaining structures amid surging urbanisation. In response, the EIC-funded Twinspect project will develop a solution. Specifically, it will use photogrammetry to revolutionise infrastructure inspection. Twinsity’s innovative approach creates photorealistic 3D models, eliminating the need for laborious manual inspection of extensive photo libraries and ushering in a new era of efficient and intelligent maintenance.
Objective
The global inspection, repair, and maintenance market (TAM) is valued at €42.2B. Demand is driven by increasing urbanisation. In Europe, most of the infrastructure is now reaching its 50-100 years lifespan as it was built in the 50s and 60s following the Marshall plan. The drone inspection and monitoring market (SAM) is growing rapidly and is currently valued at €11.1B. Drone inspections enable OPEX & CAPEX savings and keep inspectors safe on the ground. This is driving the demand for data management solutions (one bridge inspection generates >30GB of data), and provides a unique opportunity for intelligence service providers, like us, to enter the market with innovative AI-based solutions that simplify and automate infrastructure inspection. Twinspect is the first photogrammetry solution to enable the inspection of photorealistic 3D models of the infrastructure directly, rather than having to inspect and annotate (often multiple times) defects in large (>2k) photo libraries manually.
Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
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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HORIZON.3.1 - The European Innovation Council (EIC)
MAIN PROGRAMME
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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.
HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance
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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) HORIZON-EIC-2023-ACCELERATOR-01
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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.
34479 BREUNA
Germany
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.