Objective
The ever-increasing competition in the industrial sector calls for continuous optimization of means of production. More often competitive advantages are obtained in marginal improvements of performance rather than disruptive innovation.
Optimization of means of production is an extremely complicated process. Optimization calculations can take months to perform, and the software is extremely expensive therefore often out of reach for smaller companies.
The current innovation project, CorTime, is a cloud-based intelligent optimization engine for 3D-CAD. CorTime enables engineers to save 50-75% of their time spend on product optimization and at the same time save more than 30% of the typical software license costs compared to current solutions.
CorTime is brought to the market by Apiosoft, a Danish-based SME software house. CorTime is based on an in-house developed & patent pending optimization method. CorTime is expected to increase the turnover of Apiosoft by 15 million Euros and employ additional 50 people in 2020.
CorTime is an enabling technology for the uptake of advanced production technologies and manufacturing processes, where especially SMEs will gain major advantages that will fuel not only the number of innovations, but also time to market of new products. While CorTime is also relevant for larger companies, CorTime creates most values by removing barriers for and underpinning the agility of SMEs.
CorTime is developed as a plug-in for SolidWorks, a global 3D-CAD provider, with whom Apiosoft works with through the third-party collaboration programme of SolidWorks.
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 software
- engineering and technology mechanical engineering manufacturing engineering product engineering
- social sciences economics and business business and management commerce
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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.2.1.2. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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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-SMEInst-2014-2015
See all projects funded under this callCoordinator
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.
2400 KOBENHAVN
Denmark
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.