This week was the kick-off for Europe’s largest project for solutions in automation and digitization for the industry, in Gothenburg, Sweden. The REUSE Company and the University Carlos III of Madrid are two of the participants.
The budget for the project Arrowhead Tools is EUR 91 million and 81 organizations participates, some of them are large companies such as Volvo, Bosch and Philips. The project will last for three years and the purpose is to create engineering tools for the next generation of solutions in digitization and automation for the European industry. The tools will bridge the gap that prevents a total integration of IT and operational technology i.e. how the industry works towards the Internet of Things (IoT) and “system of systems”; to build large systems using the Internet of Things.