Objective
Company IngSoft GmbH has developed an innovative Energy Management System (EMS) with the up to this day unique feature of automatic recognition of energy consumption patterns. The technology named IngSoft InterWatt has a broad application potential at large organisations and companies in sectors where energy management requires the monitoring of a large variety of energy consumers (e.g. energy-intensive factories, municipalities, public utilities, food/ supermarket chains). The algorithms developed by IngSoft provide transparency over several 10.000 energy consumption data and automatically detect and classify captured data anomalies. Conventional EMS methods are not able to detect certain classes of errors and require considerable effort for energy managers, who must find, define and maintain threshold values in energy consumption. IngSoft InterWatt allows users to quickly resolve defects leading to unnecessary energy consumption with the impact of realising up to 10% more latent energy savings with 50% lower staff effort than with conventional EMS. IngSoft addresses the market of EMS with a global volume of $31.3 billion and growing demand since the introduction of ISO 50001 standard for EMS in 2011. However, only about 50% of these certifications have been obtained outside Germany. This represents a considerable latent market potential for IngSoft InterWatt – and at the same time energy and CO2 saving – in other European countries. Aim of this phase 1 project is to identify the potential of the innovative solution in predefined European markets and the elaboration of a business plan for its successful market introduction. The demand for the software is guaranteed by the strong interest of beta-test customers and of interested customers (currently in DACH countries). According to preliminary calculations, IngSoft expects to reach, just with the Next-EMS innovation project, a turnover of €9.22 million in 2024 and a staff growth of additional 42 employees.
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.
- natural sciences computer and information sciences software
- engineering and technology environmental engineering energy and fuels renewable energy
- natural sciences computer and information sciences artificial intelligence pattern recognition
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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.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
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.
90403 NURNBERG
Germany
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.