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The leading manufacturer-independent connected-car platform, disrupting value creation and customer communication in the automotive aftermarket

Project description

New system drives old car connections

The digitalisation of the automotive industry is rapidly changing our transport and mobility patterns. Cars rolling off the assembly line in the future will be fully autonomous to meet the demands of an increasingly connected world. But what about the majority of cars on the road today, which are old and without online connection. There is a need for an instrument that secures connectivity between cars that are not connected, and the aftermarket sector is instrumental. The EU-funded PACE project is the first solution to offer an open system that can connect cars of old technologies as far back as 1996 to the aftermarket. The solution is based on a highly secured data cloud with Big Data capacities.

Objective

The world today is getting digitised and connected at a very fast pace where within a few years entire industries have been disrupted and transformed. In this context the automotive aftermarket is lagging, opening a huge opportunity to digitise and connect the sector. The average age of a car on the road is 10 years, with 92% all cars on the road not having online connectivity. Aftermarket experts predict Big Data and Advanced Analytics to become an indispensable asset in the future: as cars increasingly get connected, certain players like OEMs are gaining unfair competitive advantage and are positioned to create data and value silos, lowering competition and creating barriers. The losers will be the independent parts wholesalers and workshops, and car owners would not benefit from potential value of higher competition, quality and value creating by the connected car ecosystem.
New technologies and major shifts in the aftermarket industry will be game-changing factors that all players must react to remain competitive in the future. Additionally, new technologies can play a major role in levelling the playing field and opening up competition for all actors, ultimately benefitting the final customer, the car driver. But currently, there is a lack of comprehensive tools able to bridge connectivity between car drivers with the IAM.
PACE is the first manufacturer-independent data cloud and connected services platform that enables data-based and connectivity-enabled services in the Aftermarket – an open system that can connect all cars from as far back as 1996.
At the core of the PACE solution is the proprietary and highly secure PACE Cloud, with Big Data capabilities that collects, processes and analyses car and driver data. PACE Cloud connects the car to the Aftermarket, allowing the workshops to proactively engage with both the car and the car driver, drastically changing the dynamics and procedures which create huge new value in the market.

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Keywords

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Programme(s)

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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.

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.

SME-2 - SME instrument phase 2

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Call for proposal

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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Coordinator

PACE TELEMATICS GMBH
Net EU contribution

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.

€ 2 070 512,50
Address
HAID-UND-NEU-STRASSE 18
76131 Karlsruhe
Germany

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Baden-Württemberg Karlsruhe Karlsruhe, Stadtkreis
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

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.

€ 2 957 875,00
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