Objective
"Before the break, mechanical objects emit unusual noises - machines talk and grumble. These grumbles are warning signals that a fault is developing, which if left untreated can lead to motor failure and unscheduled downtime in the facility. At costs of up to €300,000+ per hour, unplanned downtime is a very big problem for industrial plants and utilities alike. OneWatt has invented a non-invasive predictive maintenance system, combining an auditory sensor (""EARS""), which picks up a machine's grumbles, with an AI machine-learning algorithm. The system, developed to TRL 7, can detect and predict physical faults in machinery - and can tell maintenance staff not only that a fault is developing but exactly how, where and when the fault will happen. The system emulates an expert mechanic, who can identify faults just by hearing motor sounds, but because it uses AI and an infinitely larger data set than a human can experience, it is much more reliable than any human could be - and scalable. This will optimize maintainance work and minimize downtime, a big priority for industrial companies and utilities, who will be the initial customer targets. The potential market is global, worth an estimated € 3bn+. OneWatt's system will help companies implement a much more targeted, cost-effective ""smart maintenance"" strategy and become part of Industry 4.0 technology and the ""Industrial Internet of Things"". OneWatt's system will also be very attractive for other industries that have assets that emit acoustic signals, such as gearboxes or valves. Future target markets will include wind turbines, heat pumps and water distribution equipment. The objectives of the Phase 1 feasibility study are (i) to establish the parameters required to reach 99.99% accuracy; quantify targets and establish methodologies to achieve longer asset lifetime and lower energy consumption and (ii) to analyse the commercial potential of the technology among industrial manufacturers and utilities."
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 internet
- social sciences economics and business economics production economics productivity
- engineering and technology environmental engineering energy and fuels renewable energy wind energy
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering sensors
- natural sciences computer and information sciences artificial intelligence machine learning
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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-1 - SME instrument phase 1
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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.
1013 BC AMSTERDAM
Netherlands
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.