The European Commission Awards Copenhagen Optimization Horizon 2020 Grant for Their AI-Driven Airport Optimization Solutions. Copenhagen Optimization’s Better Airport® platform lauded as the next generation solution to increase efficiency and prepare airports across the world for rising passenger demands with data-driven insights.
Copenhagen, Denmark — Copenhagen Optimization today announced they have been selected by the European Commission for the prestigious Horizon 2020 research and innovation program. Copenhagen Optimization will receive a grant of just over EUR 2.1 million over the next 24 months. The program was created to establish international networks of excellence, foster cross-border cooperation, and fund multi-national projects that will drive internationalization across the EU. Copenhagen Optimization was singled out among thousands of applications across Europe for the company’s Better Airport® solution to drive optimization across the EU’s airport network and prepare for the challenge of increased passenger demand in a cost-efficient, sustainable way.
Better Airport® is the first cloud-based, AI-driven analytics solution that combines all airport operational aspects into a single, holistic overview for improved forecasting, planning, and execution. The solution provides robust insight into passenger check-in, security, border control, baggage handling, aircraft allocation and more. Thanks to the Horizon 2020 funding, the solution will be taken to the next level, which includes refining the machine learning components and advancing Better Airport®’s aircraft allocation solution.
The Horizon 2020 grant enables Copenhagen Optimization to run large scale trials of their new airport allocation solution across airports around the world with the goal of improving aircraft-to-building efficiency, reduce aircraft taxiing time, and other challenges that commonly plague busy airports that run on razor-sharp time constraints. It is expected that the program will deliver the data-driven solution to postpone physical investment in airport infrastructure by at least three years, reduce staff costs by 10 percent, and decrease passenger waiting times by 50 percent at participating airports. With deeper insight into aircraft allocation and parking, airports will save between €5m and €15m up front, with further cost savings of up to €10m per year overall.
This project has received funding from the European Union’s Horizon 2020 research and innovation program under grant agreement No 880158.
PRESS CONTACT
Sarah Procter
Copenhagen Optimization
Phone: +45 30 91 46 79
Email: procter@copopt.com
About the author
A global software-as-a-service platform with a passion for making airport operations simple and efficient. The software solution Better Airport® is a cloud-based solution that uses data and a combination of AI and advanced mathematical algorithms to bring clarity and confidence to plans, data, and complex decision-making, empowering airports to better predict, operate, and optimize. Better Airport is currently deployed and live in operations in more than 40 medium and large airports globally, spanning across USA, Canada, Europe, Asia, and now also Australia.