The execution of the INDUSTRIAL FW 4.0 Phase 1 has been successfully completed with only minor deviations. The main conclusion is that the planned product is likely to succeed commercially. Therefore, we plan to apply for a Phase 2 project of the SMNE instrument as the immediate result of the Phase 1 execution.
As a part of the project we have executed of a Market Study that has allowed us to select the sectors and national markets that are more attractive to us. The project has also allowed us to study the current competitors in the market. This is especially relevant since we have been able to detect some competitors that offer cloud MES and compare our proposal to their product, verifying our competitive advantages. We have studied the main regulations and standards that relate to our product. This is a critical issue since regulations like the 21CFR11 and the Annex 11 are a key element of our potential customers’ requirements while standards such as ISA-95 have implications in the interoperability of our system with business systems.
Finally, we have planned the execution of the Phase 2 project, preparing the work plan for the next step of the project and we have also planned the commercialization of the INDUSTRIAL FW 4.0 results.