Periodic Reporting for period 1 - sSM (Sensefinity Social Machines)
Okres sprawozdawczy: 2016-08-01 do 2017-01-31
The biggest challenge will be to overcome the fragmentation of vertically-oriented closed systems, architectures and application areas and move towards open systems and platforms that support multiple applications.
Indeed, nowadays large corporations have the means to invest in the computerization and gathering of the data generated by their physical assets, also known as IoT. However, these solutions are based on expensive bespoke projects and have a long implementation time, and due to their bespoke nature are expensive to replicate. This constitutes a barrier for usage by small and medium sized enterprises (SME) which cannot afford the price of these bespoke projects.
This leads to the simple implementation of industrial supervision systems that can handle monitored data as well as context information like the asset's current location.
With this Hardware and Software first projects and pilot deployments are beeing executed in relevant customers.
This is of great value since it levels the playground for SMEs to be able to compete with larger corporations in digitalization.
Sensefinity is also part of the Climate-KIC since sSM for the Logistic Operators brings the additional benefit to be able to reduce waste, i.e. 30% of the food worldwide is wasted, with real-time operations visibility in the cold-chain, sSM Sensefinity Social Machines, is capable of potentially save one third of that due to the added visibility to abnormal conditions and real-time alerts.