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Disruptive Digital Twin solution combining sensor data streams and high accuracy physics-based models to design and monitor large structural assets

Project description

A 3D virtual model of large-scale operational assets

Predictive maintenance, real-time simulation and asset management are important for any type of large infrastructure project in the oil and gas, renewables, aerospace and transport (air, rail and maritime) industries. As such, digital twin technology is essential. In this context, the EU-funded Akselos Integra project will bring to market a solution that enables a level of detail and accuracy previously unobtainable. Using Big Data analytics and sensor data, it creates a Digital Guardian – a 3D virtual model of large-scale operational assets. Overall, the focus is on structural integrity management and improves productivity by boosting processing speed while maintaining accuracy with a maximum error of 1 % for more than 1 billion degrees of freedom.

Objective

Akselos Integra combines our super-fast, physics-based models,1000x faster than anything else in the market thanks to our proprietary Reduced-Basis Finite Element Analysis technology (RB-FEA), with Big Data analytics and sensor data to create a Digital Guardian, an accurate and detailed 3D virtual model of large-scale operational assets.
Our complete solution enables a level of detail and accuracy previously unobtainable with conventional digital twin technology, for the design and maintenance of any kind of large infrastructure in the Oil & Gas, Renewable, Aerospace and Transport (air, rail, maritime) industries where predictive maintenance, real-time simulation and asset management are paramount.
Akselos Integra reinvents the workflow for structural integrity management and improves its productivity through:
- Time saving and scalability: boost in processing speed (a 1000x upgrade), compared to the best-in-class FEA software used by engineers today, while preserving accuracy with a maximum error of 1% for more than 1 billion degrees of freedom.
- 24/7 asset monitoring: safety and reliability for large structures by implementing structural health indicators to help operators monitor and manage the integrity and lifecycle of their assets in real-time.
To ensure the viability of Akselos Integra we will firstly include a technical analysis to guarantee the expected functionalities and key features in relevant operational environments, and secondly, we will develop a business plan including a commercial and financial feasibility study.
Akselos Integra addresses critical needs for design and predictive maintenance in industrial sectors. Thus, Akselos Integra creates a new window of opportunities for the IIoT market by offering the first reliable and real-time physics-based digital twin for predictive maintenance applications. Akselos Integra is a key technology driver for the Industry 4.0 (or IIoT).

Fields of science (EuroSciVoc)

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Programme(s)

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Topic(s)

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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.

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.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

AKSELOS SA
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.

€ 50 000,00
Address
EPFL INNOVATION PARK, BATIMENT D
1015 LAUSSANE
Switzerland

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Schweiz/Suisse/Svizzera Région lémanique Vaud
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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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.

€ 71 429,00
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