Project title: : Circularity and Remanufacturing-Enabling DIgital Twins
Acronym: CREDIT
Type of project: EU projects
Role: Partner
Financing: Horizon Europe
Duration: 1.01.2024 – 31.12.2027
Project manager at FS: prof. dr. Gregor Čepon
Laboratory: Laboratory for Dynamics of Machines and Structures LADISK
Project description:
The CREDIT project will address current challenges in circular remanufacturing by adopting a human-centred innovation approach, focusing on the digitalisation of assets, creating multi-layered Digital Twins, and developing an open-source-based distributed ICT platform, allowing seamless data management and complex DT implementation. Additionally, a range of remanufacturing enabling digital services, including AI-based decision support systems, DLT-based traceability and quality control, predictive maintenance, and general support tools for remanufacturing operations, such as Augmented Reality, will be integrated.
The project’s far-reaching impact will touch a wide set of target groups, leading to a more sustainable, efficient, and socially responsible future for the manufacturing industry. CREDIT will generate economic benefits such as increased efficiency, reduced production costs, and enhanced competitiveness while addressing environmental concerns by reducing waste, lowering carbon emissions, and minimizing raw material consumption, in line with the EU’s green manufacturing and sustainability targets.