"Plant 4.0" Start-Up Incubator A 2nd Edition on IoT With Five New Partners
Paris, June 27, 2017 -Total is today launching its second Plant 4.0 start-up incubator, joined this year by Air Liquide, AREVA, Eiffage, Solvay and VINCI Energies. This is the very first multicorporate Plant 4.1 start-up incubator in the world. The partners’ common goal is to accelerate the deployment of digital technology in industry.
Buoyed by the success of the Plant 4.0 start-up incubator launched by Total in 2016, the Group decided to repeat the experience, this time opening up the project to include other industry partners, on the narrower theme of innovative solutions offered by the industrial Internet of Things (IoT).
This open innovation approach aims to identify the start-ups that offer practical, relatively mature industrial solutions to meet specialized operational requirements. The fledgling companies can test their technology, product or service directly with their potential customers and are put in contact with the incubator’s manufacturing partners and their start-up ecosystems. Total and the other partners will also share their expertise with the successful candidates.
With the spread of sensors and new developments in data collection and management, innovative solutions can improve the efficiency and boost the performance of plants and different industries. This international call for projects focuses on connected objects in industry in four areas:
- Acoustic detection of leaks or anomalies.
- Corrosion monitoring.
- Non-invasive flow measurement.
- Manual valve position displays.
“Total works in an open innovation process with start-ups and manufacturing partners because we all face the same challenges. Building digital solutions together speeds up their deployment in our plants and industrial facilities,” says Gilles Cochevelou, Chief Digital Officer at Total. “Digital tech improves safety and efficiency, while reducing costs. It offers a world of opportunities and could increase competitiveness in industry and for start-ups.”
- Register at: www.plant4-0-startup-incubator.com.
- The closing date for submissions is September 2, 2017.
- Shortlisted projects will be presented to the panel of judges.
- The selection committee will reveal the names of the first start-ups selected in the fourth quarter of 2017.
- The successful start-ups may be incubated for several months.
The judges will include managers and experts from Total, Air Liquide, AREVA, Eiffage, Solvay, VINCI Energies and their partner Impulse Labs, which specializes in accelerating energy- and industry-related start-ups.
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