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Fast IoT market take-up through The Things Networks

Objective

The Things Industries (TTI) is a Dutch SME that focuses on the rise of the Internet of Things (IoT). The company expects that, upon the further expansion of the digital economy, a number of societal developments will greatly affect our daily life. Leading in all these developments will be in the domain of the IoT, which will gain a crucial place in the digital economy, based on the following fundamental ideas:
- The digital transformation of products: all products and services that can be made digital, smart or automated, will be. - The revolution of demand and offer: all traditional business models will be replaced by disruptive models.
- The inexhaustible need for data: the digital economy will have a continuously growing need for the collection, exchange and analysis of data.

TTI recently launched TTN, the first open, free-to-use IoT data network solution in the world, providing full coverage for the Amsterdam metropolitan region. Ever since, the network is being used successfully by companies and citizens of Amsterdam, and the first applications on this network have been developed and demonstrated. Currently, over 250 strong and active communities (60 within the EU) have set up local TTN-networks all over the world. TTI has established its current status with own funding, awards/prizes, subsidies, and profits from IoT/LoRaWAN gateway hardware sales and related consultancy. In order to expand exponentially, TTI will have to assess how to monetize its network and technology position optimally. The goal of this SMEInst proposal is to assess three different business models how to monetize its technology position through to scale up and growth.

Specific objectives in this H2020-SMEINT Phase 1 feasibility study are: - Explore promising business cases for TTI networks.
- Evaluate the required specifications and characteristics of these
applications with potential partners, citizens, consumers and/or clients.
- Elaborate on a detailed business plan (D1).

Fields of science (EuroSciVoc)

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Programme(s)

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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.

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

THE THINGS INDUSTRIES BV
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
BURGERWEESHUISPAD 101 UNIT 5A03
1076 ER AMSTERDAM
Netherlands

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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
Region
West-Nederland Noord-Holland Groot-Amsterdam
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
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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