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CONCEPT

ExtraCash will develop solution supporting lot-size-one manufacturers in getting near real time insights into their production schedule and helping them to expose the order status, production capacity and machines capabilities to their existing and future customers. Solution will source from the state-of-the-art technologies in the field off Industry 4.0 without having to reinvent the wheel, validating solution in close-to-industrial setting with an end user and polishing the business model to be ready for the final development and commercialization. Specifically, it will deliver the following:

• software components for exposing the production status, capacities and capabilities of a manufacturing company developed and tested in near-industrial settings. This will prepare ground for future development and marketization of the developed technology,

• validation of technological and business assumptions – both in terms of the usability of the developed features and the market response to the proposed solution. Those insights will help in fine-tuning the functionality of the software and potentially adjusting  business model (e.g. the licensing schemes or foreseen fees),

• access to the well-established innovation ecosystem of EFPF – by participating in the project events and dissemination activities will help to establish a number of contacts with companies and RTOs from across Europe, which will further facilitate plan of a company offering innovative, knowledge-based solutions.