• Progress beyond the state-of-the-art
GLARTEK is disruptive and unique: other solutions rely on printed tags e.g. QR codes, visual (paper/sticker) tags that must be printed and put all over the place inside facilities and in all equipment to recognize it. GLARTEK uses the visual context as reference, e.g. machines surface and shapes, and, with help of the device camera, it identifies location equipment in relation to the user.
With our cloud point approach, we are 10 to 15 times faster to set-up and deploy in a new factory: 25 minutes for an installation of 600 m2. This is key for customers that have large and complex premises since set-up time and costs are huge concerns.
• Expected results until the end of the project
Expect results were:
A1) To identify, characterize and size the main markets, per country and types of costumer, while evaluating competition. Analyse needs in new markets inside and outside Europe concerning e.g. different regulations and environment. Identify industrial/IT consulting and software development companies in all markets, to establish commercial partnerships, using the agreements with LCG and STEAM as a reference.
A2) To identify any barriers imposed by regulatory requirements and certification issues specific for all markets, and make IPR and FTO analysis; To study and define what could be patentable or protected by other means such as copyright or design/brands protection.
A3) An updated business model, subscription plans: pricing/revenue models, cost structure covering operating costs, sales/advertising, particularly considering competition pricing and user needs. Reviewed financial predictions for the next 5 years, including sales, staff and ROI.
A4) A go-to-market plan covering the marketing plan for the next years, the technology evolution roadmap and next steps towards company growth, profitability and investor attraction, including detailing actions to expand commercially, by order of priority; Understand the main risks in our business and definition of mitigation actions.
• Potential Impacts
Production and maintenance directors (customers):
- Less reduction waste, increase productivity, average task time reduction up to 40%
- Reduction of 65% in downtimes
- Team management platform, each member has a personal profile, where the directors delegate tasks for specific operator(s); information stored centrally
- Reporting tool for every task, to see all the actions undertaken, inventory and time spent in specific tasks
- Layer collecting information from different sources
- Virtual checklist, register rounds, in real time
Shop floor and maintenance operators (Users):
- AR shows comprehensively, in real time, all information around the operator and allows direct access to specific equipment information
- Platform connected to the company internal systems e.g. SAP
- Product response time is instant and fast set-up
- AR shows information of multiple equipment at the same time, by simply pointing the device to the room
