Budapest Waterworks and Geometria’s successful application for innovation programme

National Research, Development and Innovation Office (NKFI) implemented their fund programme called “Supporting the RDI activities of small, medium-sized and large enterprises” in 2018, too. It aims to promote research, development and innovation of domestic businesses in the Central Hungarian region. The goal of NKFI with this programme is to increase innovative businesses’ in-house product, technology and service development activities, that can result in developing exportable or marketable new products, services and technologies as well as contribute to the activity boost of companies.

For this NKFI programme, Budapest Waterworks and Geometria handed in their application titled “Supporting the planning and management of operational processes in a public water system with a smart IT solution” in form of consortium cooperation. In the project, the members of the consortium will develop a work control system based on closed processes for the IT support of operational processes at public utilities according to the principles of information-driven asset management. This system will be usable and marketable both in the domestic public utility sector and in export markets.

After NKFI had approved the application of the consortium, NKFI and the members of the consortium entered into a contract in December 2018. The project is going to be started in January 2019 and is planned to be finished in two years’ time, by the end of 2020.