Periodic Reporting for period 1 - MOBILE AUGMENTER (Mobile augmented reality platform for educative products)
Okres sprawozdawczy: 2016-06-01 do 2016-11-30
Augmented Reality (AR) is one of the most interesting innovations of our time. It is a technology that combines elements of the real world captured by a camera with multimedia elements. It is a very useful tool to superimpose artificial information on the real world. One application of AR is educational material for formal and informal education.
MAHEI has designed and developed its own augmented reality software for mobile devices and its objective is to develop toys and educational books for children ages 5-14. The technology developed is leader in customization, graphical quality, compatibility and product detection.
After the development of this new technology and considering the great potential of its application, MAHEI carried out a market study in order to identify the niche market for which the new technology developed would have a greater impact, taking into account the state of the art, the current developments and the products and the limitations of the competition. After the study, MAHEI's founders made it clear that they would focus on the education sector.
MAHEI has designed and developed its own augmented reality software for mobile devices and its objective is to develop toys and educational books for children ages 5-14. The technology developed is leader in customization, graphical quality, compatibility and product detection.
After the development of this new technology and considering the great potential of its application, MAHEI carried out a market study in order to identify the niche market for which the new technology developed would have a greater impact, taking into account the state of the art, the current developments and the products and the limitations of the competition. After the study, MAHEI's founders made it clear that they would focus on the education sector.
The feasibility study has been carried out during 2016 and covers nex sections: MARKET STUDY AND INVOLVEMENT OF KEY STAKEHOLDERS: - Market features
- Value chain
- Market segments
- Opportunity
- Competition
- Regulation
- Commercialisation
- Risks
- Time to market FREEDOM TO OPERATE, VALUE PROPOSITION AND BUSINESS MODEL - Product/service
- Differentiation
- IPR
- Prospective
- Business model COST, REVENUES AND FUNDING SCHEME
- Value chain
- Market segments
- Opportunity
- Competition
- Regulation
- Commercialisation
- Risks
- Time to market FREEDOM TO OPERATE, VALUE PROPOSITION AND BUSINESS MODEL - Product/service
- Differentiation
- IPR
- Prospective
- Business model COST, REVENUES AND FUNDING SCHEME
In comparison to competition products, Mobile Augmenter has a wider potential of differenciation. The fact that the company has developed its own software, adaptable to all kind of mobile devices will expand the market providing new tools for educational activities at home. Children will find a funny environment to learn while playing and parents will have a new and attractive educational material that will foster the interest of children to new knowelege and the development of new skills.