Digital Twin for Digital Lean

Funded by the European Union – NextGenerationEU.

ABOUT THE PROJECT

The Digital Twin for Digital Lean is a project submitted by Iskraemeco as a leading consortium partner in the tender ‘Digital Transformation of Companies’, which was announced by the Ministry of Economic Development and Technology.

The investment is part of the actions of the Slovenian Roadmap, funded by The Recovery and Resilience Plan.

The Recovery and Resilience Plan (the RRP) is a national programme of reforms and investments to mitigate the economic and social impact of the COVID-19 pandemic in Slovenia. The planned measures will support long-term sustainable growth and address the challenges of the green and digital transition by 2026.

Iskraemeco’s most important partner, with whom they will work to establish the new business model, is ADD.

The DT4DL, Digital Twin for Digital Lean, project will support the vision, mission and objectives of the Digital Transformation Strategy by: deploying advanced technologies as part of the digital transformation; strengthening the ecosystem for a competitive economy; and contributing to an open and sustainable society as a basis for the growth of the digital economy, as 8 advanced technologies will be deployed within the consortium.

By developing a digital twin, we will monitor the business impact of digital transformation based on results measured by LEAN parameters. The main benefit of the project is to improve both internal and external processes of Iskraemeco along the whole chain (supplier – Iskraemeco – customer). Together with the consortium technology partner, we will build on this in a new business model of a new XaaS (Anything as a Service) type service and create a digital twin platform, smart analytics for artificial intelligence and data vizualisation, mostly based on IoT data capture.

Project duration
4/2022 – 3/2024

Total project value
5.420.000 €

Co-financing value
1.660.000 €

1. Robotics and process automation

2. Internet of Things

3. Artificial intelligence for the transformation of decision-making systems

4. Blockchain technologies/distributed record technologies

5. Digital twins (production and knowledge)

6. Big data

7. AR/VR

8. 3D printing

In an increasingly connected world, businesses need much more than the smartest meters available in the market – they are looking for experienced, dedicated companies that can help them manage data and data streams.
With our solutions, we aim to continue to build on global sustainable policies and implement our sustainable development strategy, offering the customers flexible, across-the-board energy solutions that encompass extensive expertise on the Internet of Things (IoT) as well as digitization of data flows.

As part of the consortium’s digital transformation project, Iskraemeco will implement eight advanced and intertwined digital technologies which comprise the following:

PARTNERS

	Iskraemeco Vodilni konzorcijski partner projekta	The project will address internal and external processes as well as customers, reducing time wastage and errors in the order processing phase and giving customers a clearer view of the status of their order in real time. Advanced decision-making systems will make the process more cost-effective, resulting in cost optimization.

	GL Charge	Our mission is to provide innovative, reliable charging solutions for electric vehicles, while ensuring the best possible experience for users of our products in their transition to e-mobility. We use state-of-the-art technology and innovation to build high-quality electric vehicle chargers to help charge the way to a sustainable future. The project will allow us to work outside our own box and, as a consequence, enable a higher level of competence in product development and manufacturing.

	ADD	ADD’s strategy is to be a boutique but technologically advanced company specializing in the areas of data integration, storage, analysis and protection. In order to build on our company strategy, it is crucial to find sources of funding for our development, as this can accelerate the digitalization not only of our company but of a wider part of the economy, as our solutions are available for a variety of industries. ADD has been working with Iskraemeco for several years and together we have many synergies and experience of working together. We chose to participate in the consortium because it provides us with competent partners, capabilities and opportunities for further development of both the lead partner and our company.

	Iskra AMS	Iskra AMS is a quality manufacturer of measuring equipment, assembly lines, automated machinery and a provider of maintenance services and industrial equipment relocation and installation. By joining the project, we will gain additional skills and significantly raise the level of digital culture in the company.

	3 Projekt	3 Project is focused on increasing productivity and efficiency in production and logistics. The company has its own patented methodology and application solution 5∆, which is focused on identifying non-value adding activities and then, through joint activities, on regulating the process. The application solution is based on xls. The project will develop a cloud-based solution that will enable 3 Projekt to deliver its services at a significantly higher level, while the application will also be handed over to Iskraemeco for permanent use.

	Q-Mins	The company’s mission is to sustainably ensure cost-effective production and responsibly provide quality products tailored to the customer’s needs. We develop comprehensive solutions in the field of 3D prototype printing, strengthen long-term partnerships and engage in the circular economy. This project will also benefit from more efficient data exchange for more optimal procurement and supply planning.