The fifth generation of wireless technology (5G) has arrived and is being rolled out globally. The first industrial sectors, including manufacturing, are actively evaluating the capabilities of 5G, demonstrating immense potential for seamless connectivity at all times. The sixth generation (6G) will introduce enhanced wireless communication capabilities, unlocking a range of innovative features, improved performance, and functional benefits to several industrial sectors.
The TARGET-X project aims to expedite the digital transformation of critical industries, driving innovation and growth in key verticals: energy, construction, automotive, and manufacturing, using large-scale trials in multiple testbeds.
By demonstrating, validating, and evaluating the potential of 5G/6G in real environments, the cutting-edge 5G/6G technologies – such as real-time communication, localization, self-description, digital twinning, and sensor-network data fusion – can undergo thorough testing and comprehensive evaluation.
The evaluation focuses on KPIs, particularly KVIs such as sustainability, safety, security, and privacy. Based on these KVIs, the development of new business models and an assessment framework for economic and societal evaluation is envisioned. The process will be supported and guided by the TARGET-X community, a network of SMEs, IT- and OT-partners, and up to 100 FSTP (Financial Support for Third Parties) projects, as a strong consortium with SMEs and innovative drivers is brought together. This collaborative effort will drive the evolution and implementation of these solutions.
To achieve TARGET-X’s objectives, a range of use cases for various industries within the current testbeds will be established. New 5G/6G functionalities will be developed and incorporated into these testbeds, ensuring that they are tested and validated in advanced use cases. The FTSP projects will not only bring forth innovative use cases but also contribute technically to the overall development. The significant participation from FTPS members will bolster the 5G/6G ecosystem. The outcomes of this project will be shared and deliberated upon with the 6G-SNS projects and will also be utilized for standardization across different verticals.
What is Cascade Funding?
Cascade funding, also known as Financial Support for Third Parties (FSTP), is a European Commission mechanism to distribute public funding in order to assist beneficiaries, such as start-ups, scale-ups, SME and/or mid-caps, in the uptake or development of digital innovation.