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Revolutionary AR eyes for industrial maintenance

Project description

AR and the Internet of Things join forces to enhance industrial maintenance operations

Digitalisation and wireless device connectivity have improved industrial monitoring and maintenance activities, enhancing data quality and quantity and the speed and efficiency of operations while reducing human error. Augmented reality (AR) can take this one step further, enhancing control, improving training and supporting remote assistance. The Portuguese SME Glarevision has developed Glartek, an Internet of Things platform integrated with AR to help industries of all kinds save time and money by streamlining maintenance processes. The EU-funded GLARTEK project is helping the company conduct a feasibility study for delivering the platform as software-as-a-service.

Objective

GLARTEK product: is tool for industry, to interact and communicate in a new way, combining the Internet of Things (IoT) technology with Augmented Reality (AR). GLARTEK addresses a business opportunity for a solution merging two, still very distant, worlds - monitoring systems and setup/maintenance teams.
Customers: C-level and factory / maintenance directors and industrial software developers and consultants Users: maintenance operators will have, on the field, a device with technical documentation and real-time information. Our objective is to sell, directly and indirectly, to industrial manufacturing companies, where downtimes and inadequate setups have tremendous economic environmental and social impact.
Strategy: we conducted trials in 2017 to validate technically the product in customer’s industrial premises, and to have success case with verified ROI. Today we have a prototype that can be presented and deployed rapidly in industrial environments. Since direct and indirect sales have low scalability we aim to grow with a SaaS model.
Industrial trials: the product was validated with early adopter customers in food and beverage (F&B) JM, a retailer in Portugal, Poland and Colombia, energy utility EDP (operates in 14 countries e.g. USA, Spain and Brazil), biofuel producer PRIO, Portugal, plastic equipment manufacturer Zoppas in Italy and energy efficiency in CCB buildings. All have stated willingness to buy GLARTEK and funded its trials (78,7 K€ for 5 trials). Contacts and negotiations for new trials are ongoing with Waters of Portugal, Bayer Italy, aeronautic manufacturing Mechacrome France, UNILEVER Netherlands, and Deutsche Bank.
The target market is global and high-value: world market for manufacturing was more than 3.4 Trillion €.
Goals: we expect to achieve 42.5 M€ of sales - 654 SaaS customers and installations in 216 facilities (2022).
The feasibility study goal is to prepare for scaling the business with SaaS – Software as a Service.

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Topic(s)

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Funding Scheme

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SME-1 - SME instrument phase 1

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Call for proposal

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(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

GLAREVISION SA
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
ESTRADA PRINCIPAL NR. 48 CASAL NOVO
2490 066 Atouguia
Portugal

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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
Continente Centro (PT) Médio Tejo
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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