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A novel Holistic Automated Analytics System for IT infrastructure management that proactively identifies and prevent IT operational threats.

Objective

A typical Data Centre is comprised of multiple hardware and software components from different manufacturers, each with their own management tools, silo dashboard and limited sharing capabilities of business operations control data. This problem seems to get worse as IT-based companies are moving towards dynamic and complex virtualized and cloud environments. Moreover, when working on system´s safety, disrupting even one element of this fragile infrastructure runs the risk of affecting other systems, causing serious damage to the business. The average reported incident length is of 86 minutes, resulting in an average cost per incident of about $690,200.

CorreAssess™ is an innovative game-changing Data Center Optimization Management system for business IT leaders that empowers companies with a complete visibility and control on all their IT infrastructure, through accurate detailed analytics insights delivered on a daily basis. It helps to generate valuable information for wise usage of IT infrastructure investments, resource allocation efficiency, IT alignment to defined SLAs, compliance, service availability, data recovery risks and easier cloud migration, alerting in advance before threats impact the company business. With CorreAssess™ companies will be able to reduce up to 25% the infrastructure investment costs and prevent risks of business failure by improving business continuity up to 80%.

So far, €2M million have been raised and invested into the development and testing of the system to ensure its robustness and efficiency and move into the next stages of commercialisation. Within the overall project, we intend to finalise systems engineering and conduct a wide pilot trial within Europe. Current IP portfolio will be expanded to EU.

The proposed work in Phase 1 of the SME instrument fits into our overall plan to reach the market by contributing the financial resources needed to plan a fast sound wider deployment of CorreAssess™ and its market uptake.

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

CORRELATA SOLUTIONS LTD
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
13 GAN RAVHE BLVD
81222 YAVNE
Israel

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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
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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