Project description
Innovative IoT-based tool for the lift market
Around 70 % of lifts in the EU were installed before 1999. The installation of lifts in existing or new buildings is instrumental. Existing maintenance procedures produce poor results in terms of performance and uptime, resulting in high maintenance costs and low effectiveness. The lack of data prevents the optimisation of maintenance models. Digital technologies such as IoT to extract data out of connected lifts are the response. The EU-funded e BlueBox project presents an innovative tool for lift modernisation that leverages the IoT to reach higher safety standards and perform predictive maintenance. The innovation targets lift manufacturers, maintenance companies, building owners and insurers.
Objective
Used every day, the lifts provide an essential means of fast, safe and comfortable access to different floors in buildings. The installation of lifts in new or existing buildings has an increasingly important role to play in an ageing society and as a growing population is moving to cities. In the city of the future, the most important transportation system will not be cars, buses, subways, or even futuristic monorails, it will be the lift!
Europe counts today more than 5.85 million lifts in service. Around 70% of them were installed before 1999 and they do not assure the highest safety levels currently expected, which means that fatal accidents still occur in the EU. Moreover, lifts are a major capital investment for building owners and managers. Current maintenance procedures are based on periodic inspections which, despite the number of visits, produce poor results in terms of performance (MTTR and MTBF) and uptime, implying high maintenance costs and low effectivity.
The combination of old systems and poor maintenance models is holding back the EU lift market. The lack of data impedes the optimization of maintenance models. Leveraging digital technologies such as IoT (Internet of Things) to extract data out of connected lifts can solve this problem.
Our company IOTTY is an Italian start-up fully aware of the importance of using the Internet of Things in the lift industry to anticipate equipment failures and respond more quickly to critical situations. Addressing the concern of lift manufacturers, maintenance companies, building owners and insurers, we present e-BlueBox, an innovative tool for lift modernization that leverages the IoT to reach higher standards of safety and implement predictive maintenance. With clear benefits (-25-30% accidents, -10-40% maintenance costs, equipment downtime reduced by 50%), e-BlueBox will allow IOTTY to grow sustainably, capturing €29.6 million revenues in its first 4 years of commercialization.
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.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques.
- natural sciencescomputer and information sciencesinternetinternet of things
- natural sciencescomputer and information sciencesdata sciencebig data
- natural sciencesearth and related environmental sciencesgeologyseismology
- engineering and technologyelectrical engineering, electronic engineering, information engineeringelectronic engineeringsensors
- social sciencessociologygovernancecrisis managementseismic risk management
You need to log in or register to use this function
Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1Coordinator
24122 BERGAMO
Italy
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.