Total launches second edition of start-up incubator

Total news

Total has launched its second Plant 4.0 start-up incubator, which it claims is the first multicorporate incubator of its kind in the world.

In a statement the group said that they designed the scheme after the success of their first incubator launched in 2016.

Total’s chief digital officer Gilles Cochevelou said: “Total works in an open innovation process with start-ups and manufacturing partners because we all face the same challenges. Building digital solutions together speeds up their deployment in our plants and industrial facilities.

“Digital tech improves safety and efficiency, while reducing costs. It offers a world of opportunities and could increase competitiveness in industry and for start-ups.”

The new project expands on the previous scheme by opening up the project to include other industry partners on the theme of innovative solutions offered by the Internet of Things.

Air Liquide, AREVA, Eiffage, Solvay and VINCI Energies are also involved in the delivery of the project.

The scheme allows companies to test their technology or products with potential customers, with Total and the other partners sharing their expertise with the successful candidates.