Periodic Reporting for period 1 - SFOOT (SFOOT - Development of single fibre data transport system )
Reporting period: 2016-08-01 to 2016-12-31
The technological aim of SFOOT (Single Fibre Optimized Optical Transport system) project is to develop a novel solution – transport of data by a single optic fibre (opposed to today’s typical fibre pair solution) that will significantly reduce the costs of transferring small to medium number of high speed data connections.
Fibre Optics is a technology that deals with the transmission of information from one place to another through optical fibres where light acts as a carrier.
The optimized single fibre concept vs. standard fibre pair concept results in lower costs of usage, lower costs of investments or ownership due to:
- Less physical optical fibres (for small to medium number of services)
- Less required installed communication equipment
- Simpler implementation and shorter implementation times – implementation is done by the customer with no third party involved.
- Simplified equipment management and maintenance
- Less human errors due to optimized design and lower complexity
- No: building permits, construction works, extra cables...
- The time: the speed of adding new users does not depend on new infrastructure
Objectives of the project
- Development of optical systems, development of web integration tool and implementation of dissemination, communication and pre-commercial activities with an aim to maximize the exploitation of the product.
Basically, all areas were covered:
1. Definition, description of Products and Services was done.
2. Product/Service Marketplace
Anylysis of the markets for new products Xenya was prepared. It describes who the target markets are, who the competitors are, how products will be distributed, and why customers might choose to buy our products/services. Also, manufacturing (own/outsourced) issues were resolved.
3. Marketing and Selling Strategy
A high level description of how Xenya will market its product or service was prepared. Marketing efforts will be focused on the right target groups in order to yield the greatest return on investment.
4. Organization and Staffing
With new products or services there may be a need for additional staffing or to restructure in order to accommodate the change. These are important considerations as they may result in increased costs or require an organization to change its practices and processes. The HR questions were discussed and resolved (as it could be).
5. Time-frame for implementation
The duration of the project was set - 18 months.
6. Financial Projections
The financial projections for the feasibility study provide a description of the financial projections the new initiative is expected to yield. Financial projections are one key aspect of new project selection (yes/no) criteria. Based on the sales result so far (marketed primarily in Slovenia) the decision is definitely to continue with the project.