Fully autonomous real-time inventory management system, based on drone technology with high precision indoor localization - KYLUS

Programme(s)
H2020-EU.3. - PRIORITY 'Societal challenges
H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies

Topic(s) EIC-SMEInst-2018-2020 - SME instrument

Call for proposal H2020-SMEInst-2018-2020-1

Funding Scheme SME-1 - SME instrument phase 1

Grant agreement ID: 867502

Objective
Inventory represents a significant portion of assets in a warehouse business. However, to date, a large proportion of warehousing processes are still being performed manually, resulting in shipping delays, wrong products being picked and additional costs that are eating about at company bottom lines. The changes rifling through the industry from IoT and enabling technologies is creating new waves of thinking with service providers trying to determine best solutions that fit their business strategy.
To meet the need for a fast way to find and localize items and keep the inventory up-to-date, Arteries created KYLUS, a fully autonomous real-time inventory management system based on high-tech IT and drone technologies. KYLUS is brand-new solution that can totally change how companies run their warehouses.
Our integrated inventory and product validation service with a self-guiding drone-based system is addressing real-life problems: it speeds up the inventory counting process by 20-50 times, lowers the costs of human labor by 5%, and minimizes the risk of workplace injuries by 5-10%. With its exceptional real-time localization and tracing system high-quality performance (close to 100% accuracy) can be achieved. Using novel RFID technology allows KYLUS to find hidden items 500% faster. We put these features in an ecosystem that makes KYLUS scalable and available to customers as a SaaS subscription system, with installation and support services.
After four years of research and development, we have a working prototype at hand that has to be validated at pilot scale. In the current project we aim to perform a feasibility study, within which we shall examine if KYLUS could be economically viable at global levels.