Increasing the productivity of knowledge workers through better indoor environmental quality (IEQ) in office buildings

Projektinformationen

720IEQ

ID Finanzhilfevereinbarung: 829433

DOI 10.3030/829433

Abgeschlossenes Projekt

EK-Unterschriftsdatum 5 September 2018

Startdatum 1 Oktober 2018

Enddatum 30 Juni 2020

Finanziert unter

• INDUSTRIAL LEADERSHIP - Innovation In SMEs

Gesamtkosten € 1 945 000,00

EU-Beitrag € 1 361 500,00

Koordiniert durch

720 DEGREES OY
Finland

Ziel

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.

Wissenschaftliches Gebiet

• natural sciences › computer and information sciences › databases
• social sciences › sociology › industrial relations › automation
• social sciences › economics and business › business and management › business models
• social sciences › economics and business › economics › production economics › productivity
• natural sciences › computer and information sciences › artificial intelligence › machine learning

Programm/Programme

• 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

Thema/Themen

• EIC-SMEInst-2018-2020 - SME instrument

Aufforderung zur Vorschlagseinreichung

H2020-EIC-SMEInst-2018-2020

Andere Projekte für diesen Aufruf anzeigen

Unterauftrag

H2020-SMEInst-2018-2020-2

Finanzierungsplan

SME-2 - SME instrument phase 2

Koordinator

720 DEGREES OY

• Netto-EU-Beitrag: € 1 361 500,00
• Adresse: KUORTANEENKATU 2 ; 00510 HELSINKI ; Finnland
• KMU Die Organisation definierte sich zum Zeitpunkt der Unterzeichnung der Finanzhilfevereinbarung selbst als KMU (Kleine und mittlere Unternehmen). Ja:
  Region
  Manner-Suomi › Helsinki-Uusimaa › Helsinki-Uusimaa
• Region: Manner-Suomi › Helsinki-Uusimaa › Helsinki-Uusimaa
• Aktivitätstyp: Private for-profit entities (excluding Higher or Secondary Education Establishments)
• Gesamtkosten: € 1 945 000,00