Summary
- Profile Type
- Business Offer
- POD Reference
- BOGR20231120002
- Term of Validity
- 20 November 2023 - 19 November 2025
- Company's Country
- Greece
- Type of partnership
- Commercial agreement
- Targeted Countries
- All countries
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General information
- Short Summary
- A Greek SME with expertise in advanced solutions for the construction and mining industries is interested in concluding agreements with commercial partners for its equipment monitoring and managing devices.
- Full Description
-
This Greek micro-enterprise has developed expertise in the design of printed circuit board (PCB) and embedded systems, particularly for low-power applications.
In the construction and mining industries, it is a well-known fact that machinery is the most essential part of the work. This Greek company has developed Internet of Things (IoT) solutions in order to assist companies operating in these sectors to get the best out of their machines.
Its specially-developed sensor is intended to be placed on building and quarrying equipment, where it will collect and send all the relevant data needed to optimize the machinery’s functioning. This includes temperature, location, and operation working hours.
The sensor can be installed easily and quickly, without technical support, and will immediately be operational. Therefore, there is no need for time-costly installations and the sensor can be up and running in less than 10 minutes. From the moment the order is placed, the sensor/s can be shipped ready for deployment and operation
Once installed, the device will efficiently analyze assets, and create data profiles of the work performed by the equipment being monitored. It allows for easy tracking and localisation of equipment, while reducing the possibility of theft, while monitoring how much they’re being used.
The client is keen to expand abroad and place his device on major foreign markets, so he is looking for commercial agents or distributors. - Advantages and Innovations
-
The sensors developed by the client make the processes of monitoring, understanding, and tracking construction and mining equipment significantly easier.
Efficiency benefits
- Site and equipment management: 80% better organizational insights for every construction site
- Time management: 30% reduction in operational time. This ensures that customers know exactly what equipment is available and where to quickly locate it, significantly reducing lost working hours.
- Cost reduction: 30% reduction in machinery repair costs. This allows customers to minimize repair costs and fuel consumption by monitoring their assets' working profiles
- Environmental, Social and Governance (ESG) compliance: gives the customer the ability to manage basic carbon emission reports, produced from vehicles and machinery.
- Minimalisation of theft: the customer can proactively safeguard their equipment, since the sensors will automatically notify them if there is something left behind in the indicated safe zone.
- The device is plug-and-play. It simply needs to be glued in the proposed place and the device will be up and running.
- Maximization of capacity by utilizing idling equipment while bringing down fuel and consumption costs.
- Payment can be made at a fixed price or at software-as-a-service (SaaS) base model.
- Major discounts available for large quantities.
- The device will need to be recharged only when the relevant application indicates it (which is about every 1 to 3 months). - Stage of Development
- Already on the market
- Sustainable Development Goals
- Goal 9: Industry, Innovation and Infrastructure
- Goal 12: Responsible Consumption and Production
- IPR status
- Secret know-how
Partner Sought
- Expected Role of a Partner
- The client is keen to expand abroad and place his device on major foreign markets, so he is looking for commercial agents or distributors. Ideally, potential partners would be based in countries with strong mining and construction sectors.
- Type and Size of Partner
- SME <=10
- Type of partnership
- Commercial agreement
Dissemination
- Technology keywords
- 02006007 - Management of construction process & life
- Market keywords
- 08002002 - Industrial measurement and sensing equipment
- Sector Groups Involved
- Digital
- Targeted countries
- All countries
