Project description
Building a VR system for the construction sector
Miscommunication between stakeholders, long decision-making processes, misinterpretations of construction elements and insufficient collapse detection. These are several reasons construction projects are subject to budget overruns and time delays, resulting in hundreds of billions of euros’ worth of losses. The EU-funded HEGIAS project aims to reverse this inefficient trend. It will develop the world’s first browser-based and automated Virtual Reality Content Management System called HEGIAS VR. This new system has already been successfully tested in 10 real-life projects. The outcomes showed significant improvement of workflow optimisation and decision-making processes, as well as a 45 % cost reduction.
Objective
90% of all construction projects are subjected to budget overruns and time delays causing hundreds of billions of euros in annual losses, in fact, €472 billion was spent on construction errors in 2018. These continuous failures occur as direct result of workflow errors during constructions projects (miscommunication between stakeholders, long decision-making processes, misinterpretations of construction elements and insufficient colapse detection). Thus, AEC companies are seeking for a cost-effective, automated, collaborative and easy-to-use productivity-enhancing technology to optimize the projects lifecycle. This demand is boosting the growth of the High-end Virtual-Reality VR data visualisation (€131,1 billion as expected market value by 2021).
We, at HEGIAS AG, are developing the world’s first browser-based and automated Virtual Reality Content Management System, HEGIAS VR, that will not only democratize Virtual Reality for the first time, but will also enhance available digital 3D-models (CAD, BIM) making them fully exploitable and collaborative with the aim to streamline the workflow of construction projects.
We target private construction companies. We have successful implemented current HEGIAS VR version in 10 real-life projects with ground-breaking results establishing customer-relationships with leading Swiss companies. Outcomes from our real-life projects showed workflow optimization and decision-making process improvement by 90%, and cost reduction by 45%. HEGIAS VR not only creates added-value to our customers, but also to the citizens and the urban environment – real-time meetings at remote locations avoid extensive business travels, thus contributing to reduction of the carbon footprint.
Through the completion of our project we expect to generate revenues of approx. €23,5 million by 2026 (40x times the turnover generated in 2018), with a promising ROI of 10, and 30 new employees across Europe.
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.
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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.
8005 ZURICH
Switzerland
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.