Fraunhofer Institute for Machine Tools and Forming Technology
LEVEL-UP will therefore comprise new hardware and software components interfaced with the current facilities through IoT and data-management platforms, while being orchestrated through eight (8) scalable strategies at component, work-station and shopfloor level. The actions for modernising, upgrading, refurbishing, remanufacturing, and recycling will be structured and formalised into ten (10) special Protocols, linked with an Industrial Digital Thread weaving a seamless digital integration with all actors in the value chain for improved future iterations. LEVEL-UP will be demonstrated in 7 demo sites from different sectors. The impact of LEVEL-UP to the European manufacturing industry, but also the society itself, can be sum-marised in the following (with a horizon of 4 years after project ends): (i) increase of the material and resource efficiency by 11.5%, (ii) increased reliability by 16% of the equipment in an extended lifetime by 20%, (iii) over 50% increase of the Return on Investment (ROI), (iv) about 810 new jobs created and (v) over 80M EUR ROI for the consortium.