Project description
Information system to drive manufacturing
For manufacturers, global competition is intense. With so much at stake, it is important for today’s companies to increase their manufacturing productivity, overall operational effectiveness and return on capital. In this context, the EU-funded PPROI project will develop the first-of-its-kind information system to provide firms with real-time data on capital employed in every process or product. The project will aim towards a broad commercialisation of this novel information system. To that end, it will undertake a detailed evaluation of alternative ‘go-to-market’ approaches and design and test the technological platform to enhance scalability.
Objective
PPROI is a revolutionary information system supporting lean management of manufacturing processes by providing users within the
firm (from planners to senior executives) with real-time data on capital employed in every process or product in order to increase its
manufacturing productivity, overall operational effectiveness, and return on capital. No other system at the market today can supply
this kind of detailed information. Commercializing the PPROI IS within EU can have significant economic and social impacts
derived from increasing competitiveness of PPROI users mainly through employment retention and employment gains in areas in
which European companies – for cost reason - could not compete and where 1.3 mil jobs and European prosperity are at risk.
The proposed project is a strategic initiative for growth and transformation of the company from a small innovation-driven entity, to
a market-oriented SME with scale-up business model based on a network of implementation partners. The specific aim of the Phase
1 is to check the feasibility of scaling-up the PPROI concept for a broad commercialization, to be realized e.g. by the SME Instrument
Phase 2 funding. The feasibility study will have three components: 1. comprehensive business plan providing a blueprint for business
expansion in the CEE region 2 Detailed evaluation of alternative “go-to-market” approaches, including IP protection implications. 3.
Designing and testing the technological platform to enhance scalability.
The company has already signed long-term service contract with four customers (two subsidiaries of large MNCs, two local SME),
reaching TRL 6, and the next stage of company development is focused on business expansion first within the region and then
within EU. It aims to reach turnover of 3,6 million EUR by the end of 2020 focusing on two industrial sectors critical to Europe’s
competitiveness – automotive and electronics.
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.
- engineering and technologymechanical engineeringmanufacturing engineering
- engineering and technologyelectrical engineering, electronic engineering, information engineeringelectronic engineeringcontrol systems
- engineering and technologymaterials engineeringtextiles
- social scienceseconomics and businesseconomicsproduction economicsproductivity
- social scienceseconomics and businessbusiness and managementemployment
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Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1Coordinator
160 00 PRAHA
Czechia
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.