Next generation digital inspections for remote and real-time supply chain monitoring

Project description

Innovative platform for factory inspections

As the global testing, inspection and certification market rises due to international trade, strict regulations and outsourcing, a shift to digital technologies is required. Importers of manufacturing and vertical retail products depend on third-party quality inspectors to monitor the supply chain urgently. This technological change is needed because real-time inspections are not feasible in remote locations, making the process expensive, complex and unreliable. The EU-funded CYRACO project will advance a unique platform (patent pending) that delivers reliable, efficient and real-time remote factory inspections. The platform combines augmented reality, cloud technology, 5G connectivity, AI and smart sensors offering entirely automated and fail-safe factory inspections reducing traditional inspection costs by 80 %.

Fields of science

• social sciences › economics and business › business and management › commerce
• engineering and technology › electrical engineering, electronic engineering, information engineering › electronic engineering › sensors › smart sensors

Programme(s)

• H2020-EU.3. - PRIORITY 'Societal challenges
• H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
• H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies

Topic(s)

• EIC-SMEInst-2018-2020 - SME instrument

Call for proposal

H2020-EIC-SMEInst-2018-2020-3
See other projects for this call

Funding Scheme

SME-2b - SME Instrument (grant only and blended finance)

Coordinator

CYRACO GMBH

Address

Am Heidetor 7
51467 Bergisch Gladbach
Germany

Activity type

Private for-profit entities (excluding Higher or Secondary Education Establishments)

EU contribution

€ 1 917 549,38