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Big Data Value Spaces for COmpetitiveness of European COnnected Smart FacTories 4.0

Objective

EFFRA recommendations on Factories 4.0 and Beyond (Sept 2016) clearly stated the need for development of large scale experimentation and demonstration of data-driven “connected smart” Factories 4.0 to retain European manufacturing competitiveness. BOOST 4.0 will address this need, by demonstrating in a measurable and replicable way, an open standardised and transformative shared data-driven Factory 4.0 model through 10 lighthouse factories. BOOST 4.0 will also demonstrate how European industry can build unique strategies and competitive advantages through big data across all phases of product and process lifecycle (engineering, planning, operation, production and after-market services) building upon the connected smart Factory 4.0 model to meet the Industry 4.0 challenges (lot size one distributed manufacturing, operation of zero defect processes & products, zero break down sustainable operations, agile customer-driven manufacturing value network management and human centred manufacturing). Our chief objectives include:
(1) Establish 10 big data lighthouse smart connected factories (VW, FILL, AutoEuropa, +GF+, FIAT, Phillips, Volvo, GESTAMP, Benteler, Whirlpool).
(2) Provide the RAMI 4.0 and IDS based BOOST 4.0 open EU framework and governance model, for both services and data assets.
(3) Put together methodologies, assets, models and communities in order to maximise visibility, mobilization, replication potential, and impact (business, financial, standardization) of BOOST 4.0
The investment leveraging factor of BOOST 4.0 will be well above the 4:1 ratio, up to 10:1. In terms of exploitation, in 5-years horizon after the project end, just only the participating lighthouse factories will make a direct follow-on investment above 33Meuro (ROI 10,61), while the commercialisation of the BOOST 4.0 products in the market is expected to generate some 96Meuro cumulative profits (ROI 4,73) for the rest of the partners.

Fields of science (EuroSciVoc)

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Topic(s)

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Funding Scheme

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IA - Innovation action

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Call for proposal

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(opens in new window) H2020-ICT-2016-2017

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Coordinator

ASOCIACION DE EMPRESAS TECNOLOGICAS INNOVALIA
Net EU contribution

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.

€ 707 822,75
Address
CALLE RODRIGUEZ ARIAS 6 DPTO 605
48008 Bilbao
Spain

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Region
Noreste País Vasco Bizkaia
Activity type
Research Organisations
Links
Total cost

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.

€ 707 822,75

Participants (58)

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