SMARTQUA is the first service that gathers the most advanced European water management IT tools and climate scenarios to simulate the combined effects of climate and agricultural management, following a risk-analysis approach based on ISO 31000. SMARTQUA operates taking into account the farmer’s objectives for crops by making use of several key data sources. It will provide timely information increasing the farmer’s operation efficiency by 20%-35% and enable rapid and accurate decision-making via web (online platform) or mobile application.
In June 2016 we presented a proposal to the H2020 SME Instrument (Phase 1) under the topic SMEInst-07-2016-2017. Our proposal was selected and granted for the preparation of a Feasibility Study in order to guarantee technical, commercial and financial feasibility of the SMARQUA project implementation. The objectives of the Feasibility Study were defined in Phase 1 Proposal, as follows:
(1) Technical Feasibility
- Define necessary upgrades for platform full process performance for different input sources.
- Consolidate stipulations and procedures for the platform integration and develop process validating tools.
- Define field measurements to be performed (soil samples and data obtained through field sensors), laboratory analysis and in-situ validations in agricultural areas in defined target EU countries.
- Define characteristics and complete functionalities for BASIC and PREMIUM services.
- Prepare a SMARTQUA technical risk assessment, define mitigation and contingency plans.
(2) Commercial Feasibility
- Update expected benefits for each type of end user (BASIC vs. PREMIUM).
- Develop a detailed commercial strategy identifying all key relevant stakeholders.
- Evaluate commercial risks and create mitigation strategies.
- Review current IPR restrictions, patentability or other further protection issues for SMARTQUA platform.
- Involve key stakeholders in the planning and decision-making process through our platform (e.g. European, national and local entities to disseminate SMARTQUA among the farmer community and for future SMARTQUA market access.
(3) Financial Feasibility
Carry out a full cost/benefit analysis
Prepare a robust Business Plan for our first targeted countries (Spain, Italy, France and Germany) and further expansion.
Evaluate the total investment requirement and financial risks and mitigation strategies.
