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Event Modelling for fast forward cost functions and validation of KPFs
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Market Creation Potential
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UN Sustainable Development Goals(SDG)
This innovation contributes to the following SDG(s)
SUSTAINABLE DEVELOPMENT GOAL 9
Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

The UN explains: "Investments in infrastructure – transport, irrigation, energy and information and communication technology – are crucial to achieving sustainable development and empowering communities in many countries. It has long been recognized that growth in productivity and incomes, and improvements in health and education outcomes require investment in infrastructure."

The EU-funded Research Project
This innovation was developed under the Horizon 2020 project IQONIC with an end date of 31/03/2022
  • Read more about this project on CORDIS
Description of Project IQONIC
Advances in optoelectronics technologies is causing a revolution in consumer electronic goods, solar energy, communications, LED, industrial laser, and other fields. At present, the optoelectrical manufacturing is facing significant challenges in dealing with the evolution of the equipment, instrumentation and manufacturing processes they support. The industry is striving for higher customisation and individualisation, implying that systems configurations need to change more frequently and dynamically. IQONIC will offer a scalable zero defect manufacturing platform covering the overall process chain of optoelectrical parts. IQONIC covers the design of new optoelectrical components and their optimised process chain, their assembly process, as well as their disassembly and reintroduction into the value chain. IQONIC will therefore comprise new hardware and software components interfaced with the current facilities through internet of things and data-management platforms, while being orchestrated through eight (8) scalable strategies at component, work-station and shopfloor level. The IQONIC technologies will be demonstrated in 4 demo sites covering a wide range of products and processes. The impact of IQONIC to the European optoelectronics manufacturing industry, but also the society itself, can be summarised in the following (with a horizon of 4 years after project ends): (i) increase of the in-service efficiency by 22%, (ii) increased flexibility with 16% faster reconfiguration times, (iii) 10% reduction in production costs through recycled components and materials, (iv) improved designs for assembly and disassembly and, (v) about 400 new jobs created and (vi) over 39 MEUR ROI for the consortium. To do that we have brought together a total of seventeen (17) EU-based partners, representing both industry and academia, having ample experience in cutting-edge technologies and active presence in the EU photonics and manufacturing.

Innnovation Radar's analysis of this innovation is based on data collected on 09/07/2020.
The unique id of this innovation in the European Commission's IT systems is: 20224