Oslo, Dec. 28, 2015: Thin Film Electronics ASA, a company that is into printed electronics and smart systems, recently announced that it had been awarded a grant from the European Commission as part of its ‘Horizon 2020’ research and innovation initiative. Thin Film will receive EUR 472,312 (approximately USD 511,000) over three years.
The grant, the company said in a press release, would fund the ‘TagItSmart’ project, through which Thinfilm would partner with global technology, consumer packaged goods (CPG), and smart-products leaders to create the world’s first Internet of Things (IoT) platform featuring open-source, open API (Application Programming Interface) architecture.
The focus of TagItSmart will be to create a global-scale IoT platform – built using open-source architecture – to support trillions of intelligent items and the data they generate. The platform will provide functionality and full interoperability in order to seamlessly integrate with a vast array of IoT-centric tools, technologies, and software. Ultimately, TagItSmart will help organizations effectively address challenges regarding the management of IoT products and related services as they seek to capitalise on the growing “sensorisation” of objects. TagItSmart will deliver a range of functional capabilities, including:
1) The creation of smart markers using NFC or functional codes
2) The secure acquisition and consumption of contextual data
3) The efficient creation and deployment of IoT-based services
Thin Film’s NFC OpenSense technology will be featured as a key component of the TagItSmart platform, and end-users will be able to access several related use cases that highlight commercial deployment of NFC OpenSense in market.
Thin Film will collaborate with several key partners on the TagItSmart project, including global technology powerhouse, Siemens; multi-national consumer goods leader, Unilever; IoT smart-products innovator, EVRYTHNG; Northern Europe’s largest multi-disciplinary research organisation, VTT; and distinguished research institution, the University of Surrey.
Image Credit: Thin Film