Summary
We are living in a world that is increasingly driven by data. Governments, healthcare facilities, commercial businesses and individuals are all storing information in electronic form. This has led to the emergence of digital and cloud-based technologies. The ability to use information more efficiently has resulted in a rapid increase of the value of information. However, with the Big Data revolution, information is facing new challenges. Energy efficiency during writing of magnetic information needs to be improved. Thus, enhancing robustness in data storage systems is one of the major challenges in our modern society. Our vision for the near future is to turn the scientific output of the ERC Consolidator SPIN-PORICS into a new type of storage memory. MAGIC-SWITCH will deliver the prototype and business case for a new type of compact storage memory, at an industrial-relevant scale. The specific goal of this PoC project is to take the initial steps towards this vision by building a prototype (moving from Technology Readiness Level TRL 3 to 5), standardizing its manufacturing process and creating a business case for its commercial exploitation (including a pitch that can be used to close new partnerships or in fund-raising).
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/875018 |
| Start date: | 01-12-2019 |
| End date: | 31-05-2021 |
| Total budget - Public funding: | - 150 000,00 Euro |
Cordis data
Original description
We are living in a world that is increasingly driven by data. Governments, healthcare facilities, commercial businesses and individuals are all storing information in electronic form. This has led to the emergence of digital and cloud-based technologies. The ability to use information more efficiently has resulted in a rapid increase of the value of information. However, with the Big Data revolution, information is facing new challenges. Energy efficiency during writing of magnetic information needs to be improved. Thus, enhancing robustness in data storage systems is one of the major challenges in our modern society. Our vision for the near future is to turn the scientific output of the ERC Consolidator SPIN-PORICS into a new type of storage memory. MAGIC-SWITCH will deliver the prototype and business case for a new type of compact storage memory, at an industrial-relevant scale. The specific goal of this PoC project is to take the initial steps towards this vision by building a prototype (moving from Technology Readiness Level TRL 3 to 5), standardizing its manufacturing process and creating a business case for its commercial exploitation (including a pitch that can be used to close new partnerships or in fund-raising).Status
CLOSEDCall topic
ERC-2019-POCUpdate Date
27-04-2024
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