Objective Increasing the productivity of knowledge workers has been called the biggest management challenge of the 21st century. The biggest opportunity for addressing this challenge is improving the indoor environmental quality (IEQ) in office buildings. It is estimated that €70-190 billion is lost due to non-optimized office environments in Europe and the US.720° is a unique sensor-based solution that improves the productivity and well-being of office workers by analysing IEQ in real time and automatically taking measures to ensure optimised working conditions. 720 Degrees helps its customers to turn office buildings into an employee productivity management tool. It increases employee productivity by at least 10%, improves health, cuts absenteeism, reduces the number of complaints and saves time and money for facility managers. The key enabler for the solution is company’s proprietary IEQ database (the most comprehensive in the world) that has been used to train 720 Degrees’ proprietary machine learning algorithms to provide unprecedented insights on the IEQ.The IEQ monitoring solution was launched in 2014 and is currently used by more than 100 customers. They have successfully applied the 720° monitoring solution in their first buildings, but are now waiting for the automated IEQ improvement functionality to become commercially available before applying the 720° solution across their whole building portfolios. The finalisation of this functionality, strengthening of company’s commercialisation capabilities and preparation for fast expansion are the main objectives of the 720IEQ project. The execution of the commercialisation action plan is expected to increase the revenues to €44 million in 2022, and to €100 million (2% market penetration) in 2024 through further expansion to the US. Fields of science natural sciencescomputer and information sciencesdatabasessocial sciencessociologyindustrial relationsautomationsocial scienceseconomics and businessbusiness and managementbusiness modelssocial scienceseconomics and businesseconomicsproduction economicsproductivitynatural sciencescomputer and information sciencesartificial intelligencemachine learning Programme(s) H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs Main Programme H2020-EU.3. - PRIORITY 'Societal challenges H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies Topic(s) EIC-SMEInst-2018-2020 - SME instrument Call for proposal H2020-EIC-SMEInst-2018-2020 See other projects for this call Sub call H2020-SMEInst-2018-2020-2 Funding Scheme SME-2 - SME instrument phase 2 Coordinator 720 DEGREES OY Net EU contribution € 1 361 500,00 Address Kuortaneenkatu 2 00510 Helsinki Finland See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Manner-Suomi Helsinki-Uusimaa Helsinki-Uusimaa Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 583 500,00
