Project description
IoT for advanced wearable instruments
In a world where more and more daily devices and appliances are connected to the internet, the possibilities appear endless. The Internet of Things (IoT) is forever changing systems, offering extraordinary possibilities that add value to its users. Most recently, the IoT entered the market of gesture-controlled wearable technology targeting the connection of regular instruments to the internet and their interaction with it. However, the lack of universal connectivity limits the possibilities of wearables, creating a 'wearable gap'. The EU-funded T-SKIN project proposes a flexible open-source instrument provided with an AI algorithm that improves gesture capture application in every environment. The project envisages selling the product directly to clients through the internet and tech-events. In addition, it will create a detailed market analysis and ameliorate its market entry strategy.
Objective
Next Industries’ mission is to improve the Internet of things (IoT) ecosystems and add value to its users and environment. We currently live in an era where more “things” are connected to the internet than people. The gesture control wearable technology is at the beginning of the IoT revolution, where day-to-day devices can connect and interact over the internet. Currently, the smart wearables market is facing “the wearable gap” created by lack of universal connectivity and poor accuracy. Next industries simplifies the man-machine interface and is readily accessible to users of all ages and backgrounds, ranging from computer novice to technology-savvy. T-Skin is a versatile, open source tool equipped with an AI algorithm, to increases performance in gesture capture in any environment. There is a significant interest in universal gesture controllers, which depending on the technological skillset of the end user would be part of the wearable device or the IoT microcontroller makers. The immense market opportunities is illustrated by benchmark sales of the MYO bracelet, the first universal gesture device, which sold 14000 units in its introduction year 2014. The discontinuation of MYO in 2016 has left behind a substantial market gap and a huge opportunity for similar devices. Next industry aims to sell T-Skin directly to customers via: 1) their own webpage, 2) dedicated websites such as huckster.io and 3) customer engagement during tech-events and hackathons. Through a similar manner we have already sold 2500 units of Tactigon ONE, the core microcontroller of T-Skin, since its commercialization in 2017. Following demonstration at CES Las Vegas 2019, the world’s most influential tech event, 1500 leads for T-Skin registered via the webpage. In this project, Next industries aims to perform detailed analysis of the market and refine their primary and secondary market entry strategy. The feasibility study will result in a strengthened business plan for marketing of T-Skin.
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 political sciences political transitions revolutions
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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.
20065 INZAGO
Italy
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.