Project description
Innovative technology that makes water metres smart
Automatic metre reading (AMR) is the technology that automatically delivers information on water consumption. Over 90 % of water meters worldwide are analogue and not smart. Moreover, the smart ones use integrated metres and different communication modes. Consequently, water meters replacement and network creation are very costly tasks preventing most municipalities and water utilities from replacing all analog meters. The EU-funded AMR-G project presents an innovative technology that transforms any water meter into a smart meter providing a 100 % foolproof reading. The technology uses the water meter picture, dynamic OCR method, and two-way connectivity and introduces NB-IoT to extend the solution to cover crowded urban areas.
Objective
Smart water meters (or AMR – automatic meter reading), using advanced communication technologies, facilitate more frequent, higher resolution and remotely accessible data generation – imperative for the level of control and planning that is demanded by today’s consumers and businesses. Smart metering enhances knowledge of the how, when and where of water consumption. However, worldwide, over 90% of meters today are analogue, and not smart. Those that are smart use integrated meters and different communication modes. As there is no existing standard, making water meters replacement and network creation a very costly task. The CAPX and OPEX of replacing all of these analogue meters is economically not possible for most municipalities and water utilities.
Our unique technology transforms any water meter into a smart meter by simply clipping on our communication unit utilizing the water meter picture, dynamic OCR method and two-way connectivity. AMR-G provides a 100% fool proof reading, along with many other unique tools for water meter management and maintenance. With the addition of NB-IoT to our product, we have extended the solution to cover crowded urban areas as well.
AMR-G introduces smart IoT solutions into low-tech areas of our lives. The company team has over 100 years of experience in managing start-ups, including all aspects of management, R&D, production, finance, marketing and business development. We plan to establish strategic partnerships with the leading analogue and smart meters manufacturers. We plan to enter the market with both our RU-RF and RU-NB IoT products with large scale paying pilots by the end of 2019, expecting to show initial profitability by 2021, and reach over €14M in profits by 2023.
During phase one of this project, AMR-G will be modifying the communication module and analysing the feasibility of the introduction of both versions of the product into the European market.
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 internet of things
- social sciences economics and business business and management business models
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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.
4531905 HOD HASHARON
Israel
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.