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TUV AUSTRIA CYPRUS LTD

Country: Cyprus

TUV AUSTRIA CYPRUS LTD

2 Projects, page 1 of 1
  • Funder: European Commission Project Code: 871703
    Overall Budget: 6,490,540 EURFunder Contribution: 4,818,630 EUR

    The Food Safety Market (TheFSM) aims to deliver an industrial data platform that will significantly boost the way that food certification takes place in Europe. It brings together and builds upon existing innovations from innovative ICT SMEs to deliver a uniquely open and collaborative virtual environment that will facilitate the exchange and connection of data between different food safety actors who are interested in sharing information critical to certification. Extensive piloting is going to take place with subsidiaries of the TÜV AUSTRIA GROUP, a European provider of inspection and certification services that is a pioneer in the digitalization of the inspection business that has a presence in more than 40 countries, an annual turnover of almost 210 MEuros, and over 1,700 employees. In this way, the project is going to accelerate the pace by which this group adopts digital innovation and offers data-driven services to its clients in around the world. Eventually, TheFSM aspires to catalyse the digital evolution of the quite traditional but very data intensive business ecosystem that the global food certification market involves.

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  • Funder: European Commission Project Code: 101092008
    Overall Budget: 7,652,750 EURFunder Contribution: 7,652,750 EUR

    The constantly increasing demand of scarce resources and critical raw materials (CRMs), requires efficient usage of resources - reuse and recycling of materials- and responsible waste management and prevention. The circular economy’s model establishes a virtuous cycle where products and resources can be reused, repurposed and recycled to maximize productivity of resources, to reduce waste and by products that can become raw materials (RMs) entering in other industrial processes, thus reducing the depletion of natural resources and the overall environmental effects on climate change. Plooto aims to deliver a Circular and Resilient Information System (CRIS) to support manufacturers in their green, digital and circular transition. CRIS enables waste reduction and end-to-end traceability of Secondary Raw Materials (SRM) through interconnected digital services for real-time decision making, monitoring and certification of materials and products. Plooto delivers: a) a transformation framework based on traceability strategies for materials/products per business case, with reference processes for SRM use from waste deposit to new products, and governance models for circular value chains; b) ICT tools for modelling product, production processes and supply chains, as an aggregation of individual component Digital Twins with cognition capabilities (cognitive Digital Twins – CDTs); c) Data will feed RM-recovery and waste dataspaces allowing the provision of material certification and product passport; and d) A circular sustainability balanced scorecard (framework+toolkit) to assess impact of decision-making at CDT level based on various KPIs. The solution will be piloted in three different circular supply chains demonstrating waste reduction, reusability of scrap and production by-products, operational improvement.

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