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Sensefinity Social Machines

Objective

Sensefinity wants to become the Enabler of the IoT (Internet of Things) for the Masses. This is only possible through the development of a disruptive and innovative project in IoT that will allow to easily implement IoT projects with low CAPEX and OPEX investments.
sensefinity will offer an off-the-shelf sensor-platform integrated into a Cloud and SaaS (Software as a Service) to provide specialised applications for business; by providing pre-integrated devices with SaaS software prepared for each of them, i.e. Consumer, Retail, Building, Medical, Energy, Transport and Industry, the IoT can become commonplace, a commodity, and, thus be accessible to any company in any sector of activity.
In this context, it will be the first time that IoT projects will be implemented in companies from zero to M2M in no time. Nowadays, only large corporations have the means to invest to gather the data generated by their physical assets. However, these solutions are based on expensive bespoke projects and have a long implementation time, and due to their custom nature are expensive to replicate. This constitutes a barrier for SMEs which cannot afford the price of these bespoke and costly projects. The proposed innovation project will result in an off-the-shelf solution to obtain business profit from the IoT concept and the information acquired by physical assets right after unpacking.
These features will fulfil SME's needs with regard to IoT, and in all business verticals. Large Corporations and multinationals will also constitute a considerable demand-market.
sensefinity consider essential to develop a Feasibility Study that will explore in detail the markets involved, state-of-the-art and suppliers, demand market and vertical applications, sensor types and suppliers, the competition; the business models; make a report on the current running pilots; and, finally, elaborate a clear, measurable and realistic Business Plan.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

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.

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.

(opens in new window) H2020-SMEInst-2016-2017

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Coordinator

SENSEFINITY, LDA
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.

€ 50 000,00
Address
AV. 5 DE OUTUBRO 293, 4. PISO
1600 035 LISBOA
Portugal

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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
Continente Área Metropolitana de Lisboa Área Metropolitana de Lisboa
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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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.

€ 71 429,00
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