Objective
Inventory represents a significant portion of assets in a warehouse business. However, to date, a large proportion of warehousing processes are still being performed manually, resulting in shipping delays, wrong products being picked and additional costs that are eating about at company bottom lines. The changes rifling through the industry from IoT and enabling technologies is creating new waves of thinking with service providers trying to determine best solutions that fit their business strategy.
To meet the need for a fast way to find and localize items and keep the inventory up-to-date, Arteries created KYLUS, a fully autonomous real-time inventory management system based on high-tech IT and drone technologies. KYLUS is brand-new solution that can totally change how companies run their warehouses.
Our integrated inventory and product validation service with a self-guiding drone-based system is addressing real-life problems: it speeds up the inventory counting process by 20-50 times, lowers the costs of human labor by 5%, and minimizes the risk of workplace injuries by 5-10%. With its exceptional real-time localization and tracing system high-quality performance (close to 100% accuracy) can be achieved. Using novel RFID technology allows KYLUS to find hidden items 500% faster. We put these features in an ecosystem that makes KYLUS scalable and available to customers as a SaaS subscription system, with installation and support services.
After four years of research and development, we have a working prototype at hand that has to be validated at pilot scale. In the current project we aim to perform a feasibility study, within which we shall examine if KYLUS could be economically viable at global levels.
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.
- engineering and technology electrical engineering, electronic engineering, information engineering information engineering telecommunications radio technology radio frequency
- natural sciences computer and information sciences internet internet of things
- natural sciences computer and information sciences data science big data
- social sciences economics and business business and management business models
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering robotics autonomous robots drones
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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.
1138 BUDAPEST
Hungary
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.