Project description
A streamlined energy management tool helps utilities companies engage SMEs
Reducing energy consumption is important not only for the environment but also for business profits and home expenses. Large corporations typically rely on detailed energy management analytics tools requiring specially trained personnel with the time to use and understand them. In this respect, SMEs are often at a disadvantage. All that is about to change thanks to the Spanish SME Dexma Sensors and its simplified online tool to help utilities companies engage SMEs, boosting their own profitability and customer services. The EU-funded e4SME project is helping the team optimise the tool and pave the way to market.
Objective
Utilities today are facing disruption from all sides: Load stagnation, financial and regulatory pressures, competition from new market entrants and increasingly demanding customers. Utilities must therefore fight against lower incomes and higher churn rates using customer-centric digital engagement tools, such as those offered by mobile carriers, banks, and other leading industries.
One of the most rapidly growing customer segments is made up of small & medium enterprises (SMEs), who lack time and resources to pore over detailed energy management analytics tools as larger corporations do, yet they are equally (or more) sensitive to energy as a running cost.
Thus, engaging SME customers on a more personal level with innovative and simplified on-line tools in their energy management can open up significant opportunities for utilities, helping them realize their customer-centric “New Deal”, and meeting their increasingly stringent energy efficiency goals.
e4SME will help utilities boost SME engagement by helping them identify scalable energy savings. To this end, e4SME will target and segment SMEs by energy savings potential and opportunity type, identifying unique operational and retrofit opportunities in near-real time.
DEXMA aims to bring this innovative solution to market by the end-2020, carrying out a 24-month work plan including the refinement of the current prototype (TRL6).The latter has been validated by one of the top10 utilities in Europe, which has made its customer base and technical team available to actively participate in the specification and validation phases.
DEXMA is currently among the 5 leading energy management software suppliers in Europe, having shown its capacity to access a market in a very competitive environment and large incumbents. With e4SME, DEXMA seeks to achieve sales revenues of over €33 million after 5 years, reaching 740,000 EU SME-clients and saving more than 6 TWh of final energy
consumption and 3 MT CO2 emissions.
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
- natural sciences computer and information sciences databases
- engineering and technology environmental engineering ecosystem-based management climatic change mitigation
- engineering and technology mechanical engineering thermodynamic engineering
- natural sciences earth and related environmental sciences atmospheric sciences climatology climatic changes
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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.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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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-2 - SME instrument phase 2
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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-EIC-SMEInst-2018-2020
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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.
08013 BARCELONA
Spain
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.