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iLocator - Map, track and manage point-based-assets

Objective

The problem: OECD countries, on average, spend more than 2% of GDP on maintenance of road, rail, sewage, water, park, power, telecom, and harbour and airfield infrastructure. Specifically, sewage maintenance is an increasing cost for municipalities with the growing number of flash floods in Europe, which in turn puts enormous pressure on gullies to diverge water. It is expected that the occurrence of these events will continue to increase in the near future. Therefore, servicing and maintenance of this infrastructure will become even more important to prevent flooding.

The market: Local authorities/municipalities are typically responsible for the service and maintenance of physical infrastructure such as roads, traffic signs, storm drains (gullies) and trees (i.e. assets). Municipalities across Europe spend a large part of the renovation budget on gully cleaning, given the number and high frequency of the maintenance service. Due to the sheer number of gullies within a single municipality, logistics are becoming increasingly difficult and cumbersome.
Furthermore, there is currently no reliable/easy-to-use, commercially available systems for managing assets (gullies).
Consequently, cleaning schedules and general upkeep of the gullies are inconsistent, inefficient and costly.

The solution: iLocator is a lean early-stage born global company, pursuing a Software-as-a-Service (SaaS) business model.
We have developed a unique platform and a range of tools to unlock a huge addressable global market, which is the effective management of gully cleaning. iLocator has clearly identified a significant potential for optimizing these maintenance processes with preliminary results indicating a reduction in maintenance and management expenses by 20%.

Coordinator

ILOCATOR ApS

Address

Guldsmedgade 26 B
8000 Aarhus

Denmark

Activity type

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

EU Contribution

€ 50 000

Project information

Grant agreement ID: 663463

Status

Closed project

  • Start date

    1 January 2015

  • End date

    31 May 2015

Funded under:

H2020-EU.2.1.1.

H2020-EU.2.3.1.

  • Overall budget:

    € 71 429

  • EU contribution

    € 50 000

Coordinated by:

ILOCATOR ApS

Denmark