Objective
Hiotech is an innovative Swedish SME whose ambition is to solve a pressing logistics challenge – to make damages or losses to valuable cargo known to the stakeholders before the goods arrive, so that corrective measures could take place with least impact on manufacturing and supply chains.
Realizing that globally almost €90B worth of goods are mishandled or damaged every year, and that there are market segments with stringent requirements on transportation (such as industrial equipment parts or medical substances), Hiotech designed Cargo Beacon – a compact, ruggedized logger of temperature, humidity and shocks. Cargo Beacons are designed to be long-lasting, highly-reusable and low cost – with manufacturing costs at €10 they pose a serious competitive threat to existing loggers with less functionality and a price tag of €100-500.
Cargo Beacons communicate their measurements via a dedicated gateway that connects them to a cloud-based data services portal. These services provide additional analytics to the goods owners & recipients and logistics operators. These services include identification of damage cause, optimization of goods flows, reduction of bottlenecks and others. Cargo Beacons are currently on trial with Nefab Group – a packaging solutions OEM, with additional trials pending.
During the 6-month feasibility study, Hiotech will validate further the product/market fit of Cargo Beacons in industrial equipment and medical substances markets, and will seek endorsements of this technology from insurance companies that frequently need evidence that goods were transported in full compliance with signed contracts and no damage or wastage took place.
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 civil engineering urban engineering smart cities
- natural sciences computer and information sciences internet internet of things
- social sciences economics and business business and management business models
- medical and health sciences basic medicine pharmacology and pharmacy pharmaceutical drugs vaccines
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering sensors
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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.3.4. - SOCIETAL CHALLENGES - Smart, Green And Integrated Transport
MAIN PROGRAMME
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
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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
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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.
822 92 ALFTA
Sweden
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.