iLocator | iLocator - Map, track and manage point-based-assets

Summary
The problem: OECD countries, on average, spend more than 2% of GDP on maintenance of road, rail, sewage, water, park,
power, telecom, and harbour and airfield infrastructure. Specifically, sewage maintenance is an increasing cost for
municipalities with the growing number of flash floods in Europe, which in turn puts enormous pressure on gullies to diverge
water. It is expected that the occurrence of these events will continue to increase in the near future. Therefore, servicing and
maintenance of this infrastructure will become even more important to prevent flooding.

The market: Local authorities/municipalities are typically responsible for the service and maintenance of physical
infrastructure such as roads, traffic signs, storm drains (gullies) and trees (i.e. assets). Municipalities across Europe spend a
large part of the renovation budget on gully cleaning, given the number and high frequency of the maintenance service. Due
to the sheer number of gullies within a single municipality, logistics are becoming increasingly difficult and cumbersome.
Furthermore, there is currently no reliable/easy-to-use, commercially available systems for managing assets (gullies).
Consequently, cleaning schedules and general upkeep of the gullies are inconsistent, inefficient and costly.

The solution: iLocator is a lean early-stage born global company, pursuing a Software-as-a-Service (SaaS) business model.
We have developed a unique platform and a range of tools to unlock a huge addressable global market, which is the
effective management of gully cleaning. iLocator has clearly identified a significant potential for optimizing these
maintenance processes with preliminary results indicating a reduction in maintenance and management expenses by 20%.
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More information & hyperlinks
Web resources: https://cordis.europa.eu/project/id/663463
Start date: 01-01-2015
End date: 31-05-2015
Total budget - Public funding: 71 429,00 Euro - 50 000,00 Euro
Cordis data

Original description

The problem: OECD countries, on average, spend more than 2% of GDP on maintenance of road, rail, sewage, water, park,
power, telecom, and harbour and airfield infrastructure. Specifically, sewage maintenance is an increasing cost for
municipalities with the growing number of flash floods in Europe, which in turn puts enormous pressure on gullies to diverge
water. It is expected that the occurrence of these events will continue to increase in the near future. Therefore, servicing and
maintenance of this infrastructure will become even more important to prevent flooding.

The market: Local authorities/municipalities are typically responsible for the service and maintenance of physical
infrastructure such as roads, traffic signs, storm drains (gullies) and trees (i.e. assets). Municipalities across Europe spend a
large part of the renovation budget on gully cleaning, given the number and high frequency of the maintenance service. Due
to the sheer number of gullies within a single municipality, logistics are becoming increasingly difficult and cumbersome.
Furthermore, there is currently no reliable/easy-to-use, commercially available systems for managing assets (gullies).
Consequently, cleaning schedules and general upkeep of the gullies are inconsistent, inefficient and costly.

The solution: iLocator is a lean early-stage born global company, pursuing a Software-as-a-Service (SaaS) business model.
We have developed a unique platform and a range of tools to unlock a huge addressable global market, which is the
effective management of gully cleaning. iLocator has clearly identified a significant potential for optimizing these
maintenance processes with preliminary results indicating a reduction in maintenance and management expenses by 20%.

Status

CLOSED

Call topic

ICT-37-2014-1

Update Date

27-10-2022
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