Objective Rising electricity prices and mounting concerns about climate change are causing the global lighting market to shift toward energy-efficient light sources, including SSL. Globally, IHS estimates that LED products accounted for 42% of lighting revenues in 2015, or $16 billion. Solid-State Lighting (SSL) is now a mature technology that is rapidly climbing in share among the different commercial lighting technologies. However, the fact that SSL is approaching its theoretical roof on efficacy makes it necessary for research to focus on the rational use of energy through dedicated intelligent light engines governed by smart spaces, cities and societies. LEDMOTIVE has been working on a solution that meets the needs and to allow an increase in energy efficiency in the lighting industry. Our idea is based on a family of products that includes: a light source able to record, process and play back any light spectral fingerprint in real-time, regardless of whether it is natural, artificial, or custom-made for a particular application. Our products focus on professional lighting (research, art and health).The overall objective of the future Phase II ELLIOT project is to develop an ecosystem of interconnected and standardized products for the mass-market that allows for 44% of additional energy savings and quadruple payback compared to the latest LED.Our proposal heavily focused on wireless connectivity for emerging SSL lighting systems that are evolving quickly and are likely to experience dynamic growth over the coming decades, due to the paradigm shift brought by the Internet of ThingsThe IP background necessary for the project is provided though a family of 10 patents (priority patent is PCT/EP2011/050002).The LEDMOTIVE business model focuses particularly on the B2B model with potential customers being lighting companies and manufacturers. The Potential market is €13.5 billion worldwide by 2019, aims to achieve a €17 M turnover by 2021 and a NPV of €3.3M within 6 years Fields of science natural sciencescomputer and information sciencesinternetinternet of thingsengineering and technologymaterials engineeringcolorsengineering and technologyelectrical engineering, electronic engineering, information engineeringelectronic engineeringsensorssmart sensorssocial scienceseconomics and businesseconomicsproduction economicsproductivitynatural sciencesbiological sciencesecologyecosystems Programme(s) H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy Main Programme H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT) H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument Topic(s) SMEInst-09-2016-2017 - Stimulating the innovation potential of SMEs for a low carbon and efficient energy system Call for proposal H2020-SMEInst-2016-2017 See other projects for this call Sub call H2020-SMEINST-2-2016-2017 Funding Scheme SME-2 - SME instrument phase 2 Coordinator LEDMOTIVE TECHNOLOGIES SL Net EU contribution € 836 741,50 Address CALLE JARDINS DE LES DONES DE NEGRE 1 PLANTA 2 08930 Barcelona Spain See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Este Cataluña Barcelona Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 1 195 345,50