Regarding the predefined scopes of the feasibility study we managed to go beyond only the evaluation of the business innovation for the ITI product itself.
Due to the fact that our product is to be delivered on emerging smart grid (Explicit Demand) market, the critical issue discussed in this feasibility study is where the market is actually going and what kind of products and services it needs (consider the ITI present and potential new role and functionalities) to take advantage of the benefits of production and consumption flexibility on the side of prosumers.
In this frame we positioned ITI on the Smart Grid Architecture Model map (SGAM) what enabled us not only to define value propositions for the customers, considering a user involvement strategy, but also to develop a concrete business strategy, business plan and market potential for ITI.
The report covers as well patent survey on DSM technologies development and aspects of ITI technology implemented to enable ITI acting as an active and autonomous component, optimizing the costs of energy consumption, participating in the energy trade offers and stabilizing the energy systems.
SWOT analyses performed revealed critical further steps for bringing ITI to the market.
In this frame, with cooperation of potential stakeholders, a detailed ITI demonstration plan was developed.