RedKnight Passes Another Test…
RedKnight is delighted to announce an Innovate UK SMART Grant application it supported in April 2019 has secured a grant of £207,628 for RIMO Capital Ltd (trading as RIMO3). The project will develop a next generation product called ACTIV2.0 which aims at combating future cyberhacks as a result of outdated software. The successful application takes RedKnight’s total grant secured beyond £5m in 4 years.
Software testing is a major expense and quality challenge to businesses. In 2017, software failure caused $1.7tr in financial losses whilst dramatically affecting day-to-day business operations; amplified by the recent NotPetya and Wannacry cyberhacks. The latter, a 2016 hack on NHS systems resulted in total clear-up costs of ~£92m - paid for by the UK Government.
The project builds upon the commercial success of the original version, called ACTIV, by integrating key improvements and new features based on feedback from users, which include some of the UK's leading large organisations. ACTIV2.0 will enhance the underpinning proprietary technology by performing auto-remediation of incompatible software through usage of robotic process automation, artificial intelligence (AI) based machine learning (ML) capabilities.
RIMO3’s Chief Product Officer, Mr Alon Moss, said, “We’re delighted to have been recognised by Innovate UK in this manner. This vote of confidence will solidify our position at the bleeding edge of the technology, where RIMO are pioneers in the use of bulk automation and artificial intelligence in the field of IT services”.
RIMO3 is a cutting-edge software company spun out of Global Application Management specialist, Camwood Ltd (www.camwood.com), who introduced the world’s first automated compatibility testing software (AppDNA) for Microsoft Installers (MSI) in 2007, spinning off the product and selling it to Citrix in 2011. Camwood set-up RIMO3 to develop the ACTIV product line and the project team has >50 years’ combined expertise in software engineering, automation, AI and ML.
A plea for more support to Professional project management in Horizon Europe
Last 24 September, fifteen consultants in Innovation Management from six European countries gathered together in Brussels during the R&I Days, to discuss over the issue concerning the management of European R&I projects and the role of professional project management in the upcoming Horizon Europe.
According to what came out the discussion, 35% of the organisations that submitted a proposal for the Horizon 2020 programme have relied on consulting companies to prepare the bid. Also, it has been highlighted the fact that efficient project management has a great impact on a project's performance and results.
However, regardless the importance that project management and implementation challenges have been acknowledged with, the European Commission is still adopting a restrictive approach on the use of professional project management within project consortia, thus limiting significantly beneficiary support options.
In light of these issues, then, the group of European Consultants issued a Manifesto, with the ambition to bring together future project stakeholders of Horizon Europe to maximise the success of the projects by taking into account professional project management in the new Horizon Europe. Amongst the various point, the text includes:
- Recognising the impact of management expertise by allowing the participation of other partners, not just the coordinator; and allowing the subcontracting of management tasks;
- Promoting good project management practices such as the early delivery of a project management plan; the dedication of the management activities to a skilled workforce; the use of collaborative project management tools; and the preparation of the impact assessment and the project results exploitation.
If you wish to know more about the Manifesto or you would like to support the initiative, you can do so by clicking here.
Source: Zabala.eu
Innovate UK to launch competition in support to food producers
By 2050, the global demand for food is expected to grow by 60 per cent to meet the needs of an increasing and more demanding population. To do this without causing a devastating impact on the environment producers need to supply what we eat in a more sustainable and efficient way, reducing pollution, minimising waste and improving soil conditions.
The UK Government’s Industrial Strategy Challenge Fund Transforming Food Production Challenge has up to £20 million from the fund to invest in large-scale and ambitious projects that help UK food production break out of a traditional land-based model and move towards a sustainable position of net-zero emissions.
The competition will remain open until 22 January 2020 and it will be directed to projects that are either developing new and efficient low-emission food production systems or addressing technological and other bottlenecks holding back state-of-the art systems from supplying consumers.
Areas of work could include indoor growing systems, aquaculture, and new food sources such as insects and fermentation-based systems.
Briefing events will be held in Edinburgh on 8 October 2019 and in Birmingham on 23 October 2019
More information can either be found on the Innovate UK web page or you can always call us for a FREE consultation!