The COMPOSITION Agent Marketplace Framework has been analysed by the EU Innovation Radar, a European Commission initiative to identify high potential innovations and innovators in EU-funded research and innovation projects.
The Market Maturity of the Innovation has been
rated as “Tech Ready”. The Market Creation Potential of the innovation is rated
Three of the consortium’s partners have been
identified as contributing key innovators within the consortium:
Peter Rosengren presented our blockchain based solution for supply chain management and collaborative manufacturing at the IoT & Data Science 2018 conference in Vienna. The conference addressed the optimisation of automated business with data. As IoT and Big Data are currently connecting to the “Industrial Internet”, which uses sensors, applications and technologies to collect and analyse data from all possible sources, analysis results can be used to improve business processes, reduce costs, and unlock new revenue streams. In cooperation with our partners Atos and In-Jet we organised a workshop focused on the theme: “In the Wake of IoT – Digitalization of Everything from Supply Chain Management to Outdoor Rock Concerts”.
We have been elected as a member of the OPC Foundation. OPC is the interoperability standard for secure and reliable exchange of data in the industrial automation space and in other industries. It is platform independent and ensures the seamless flow of information among devices from multiple vendors. The OPC Foundation is responsible for the development and maintenance of this standard.
The OPC standard is a series of specifications developed by industry vendors, end-users and software developers. These specifications define the interface between Clients and Servers, as well as Servers and Servers, including access to real-time data, monitoring of alarms and events, access to historical data and other applications. With the introduction of service-oriented architectures in manufacturing systems came new challenges in security and data modeling. The OPC Foundation developed the OPC UA (Unified Architecture) specifications to address these needs and at the same time provided a feature-rich technology open-platform architecture that was future-proof, scalable and extensible.
Today the acronym OPC stands for Open Platform Communications.
Blockchain technology enables IoT developers to create a new range of innovative applications that allows a set of independent actors to share data and execute business transactions in a trusted environment without having to use proprietary networks and centralised trusted third parties. The Blockchain represent a distributed ledger of transactions that all parties can share and trust. Potential applications range from financial transactions, food traceability to distributed electronic patient records, In the COMPOSITION project we are researching, developing and evaluating blockchain solutions for supply chain management and trusted product traceability to support factories of the future. Blockchains are also used to establish a trusted agent-based market place for automated tendering and negotiation supporting trading.