Developing product innovation by Net-Surf.Net Ltd.

This project proposal targets the development of a new mechatronic product innovation – “Smart rack” by Net-Surf.Net Ltd, which is new to the European and worldwide market. The product is based on the “System for real time automated recognition and information about the types and quantity of food, consumables and other”, part of the targeted topic under ISSS Northwest Planning Region "Mechatronics and pure technology" within the scope “Smart systems and appliances”, “Smart homes” – “Smart cities””. This innovative product offers a unique feature – real time online automated recognition and information about the types and quantity of food, consumables and other. There are no alternative products on the market. The project will undergo activities under Element A – research of an integrated hardware solution for “Interactive shelf” and software solution for image recognition by autodidact; development and QA testing of a prototype in laboratory environment and a real life pilot product testing to validate the wide use of the technology under the Category “Industrial research”; Interface visualization. As a result the product will reach 6th-level of technological reliability according to the TRL-scale. The results from the project are as follows: - Increased innovative capacity of Net-Surf.Net Ltd through the acquired know-how and capabilities for development and distribution of innovative products.   -       Development of a world class eco-innovative product – „Smart rack” by Net-Surf.Net Ltd with 6th level of technological reliability according to the TRL scale. „Smart rack” is an eco-innovation which will help decrease the negative effects on the environment by optimizing product and energy consumption.

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Overview

Status Closed (completion date)
Start date 22 May, 2018
End date 02 Oct, 2020
Contract date 22 May, 2018
View in UMIS

Financial information

Total cost 1,186,252.48
Grant 711,757.30
Self finance 474,495.18
Total paid 664,447.04
EU participation percent 85.0%

Location