Project description
Computer data moving to the edge
In today’s information age, the growth of data is rapidly exceeding the capacity of traditional computing. To accommodate this exponential growth, data moved from on-premise computing to cloud computing and is now shifting to edge computing. Currently, 90 % of enterprise data is sent to the cloud to be stored and processed. Soon, 75 % of this data will be stored and used on the device it was created on; this is called edge computing. The EU-funded ObjectBox IoT-1 project will enable data storage and synchronisation independent from the cloud, in real time and with improved security. Compatible across devices, from sensor to server, the project will target Industry 4.0 smart city and smart mobility apps.
Objective
Data volumes are exploding due to IoT devices, which push cloud-based solutions and Internet bandwidth to their limits. Currently, 90% of enterprise data is sent to the cloud to be stored and processed. This number will drop to just 25% due to the limitations of cloud computing. In the future, 75% of that data will be stored and used on the device it was created on. This is called edge computing. But edge computing is still lacking the base technologies to make this shift happen.
Our solution ObjectBox enables edge computing with a data storage and sychronization solution. It is designed uniquely for compatibility across devices, from sensor to server. With ObjectBox, store and sync data on the edge: super fast, independent from the cloud, in real time, and with improved data security.
The need for edge computing and the trend towards it is evident. In the last years, all major IoT platform providers added an edge component to their IoT platforms, but those are not full solutions. By ObjectBox being the first to offer a lean, high-performance NoSQL solution, we are positioned to enable true edge computing and take an important share of the €26 billion edge computing market.
We first target Industry 4.0 smart city and smart mobility applications, where developers use ObjectBox for edge computing on IoT devices. Our ObjectBox database is accessible for free but we plan to follow a dual licensing and SaaS model to monetize the ObjectBox synchronization features.
ObjectBox Synchronization Use Case: To manage the traffic flow in a smart city effectively, all traffic lights need to know about the state of traffic and traffic lights around them to jointly effectively respond to congestion. Any change in green/red cycle length is much more effective when coordinated with other traffic lights. Therefore, the data that may lead to changes must be exchanged (synchronized) and used to make a decision that than can be distributed again.
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 civil engineering urban engineering smart cities
- engineering and technology materials engineering fibers
- natural sciences computer and information sciences internet internet of things
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering sensors
- engineering and technology electrical engineering, electronic engineering, information engineering information engineering telecommunications mobile phones
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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.
13467 BERLIN
Germany
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.