During this feasibility study we could validate all dimensions of our business idea.
-From a technical perspective, we could produce the final architecture of the solution and determined all systems needed to exploit the business while ensuring a swift scalability.
-From a commercial perspective, we unveiled new lucrative business opportunities. At the beginning we were focused on producing a full set of applications and analytical services for, primarily, the OOH Marketing sector. This market was confirmed and we could engage with market leaders such as PosterScope and Cuende. However, during the feasibility we unveiled a very lucrative opportunity from the provision of mobility patterns and analytics to also attend the needs of the Transportation/Logistics/Smart-cities mobility sector and of the Tourism/Events sector. On these new unveiled markets we also could engage with relevant early adopters that are already testing our technology on pilot projects (e.g. Fuengirola Municipality, CINTRA).
-From a financial perspective, we could carry out 4-years worst-case (RoI: 1.8 Ret.Earnings: ~€7M) and realistic (RoI: 3.65 , Ret.Earnings: ~€11.6M) trading projections. In both scenarios the business idea was validated. Moreover, these scenarios are based on bottom-up projections built upon the conversations maintained with key early-adopters on the targeted markets (e.g. Neinver, Ikea, Roadis, Seat, Cuende, Posterscope, Cintra, Jazztel, Enel, among others).
-From a business perspective, we could further engage with MNOs to monetise their data (Orange onboard, advanced negotiations with SWISSCOM, and promising conversations with many others in Europe, MENA and LATAM). We also could produce a thorough work-plan that will be executed during the upcoming Phase-2 of DEMOGRAPHICA considering all risks identified on previous tasks. Finally, we could engage and meet with several BA networks and VC firms that told us that in order to invest on our project, a new company had to be created, as SThAR statutes required 100% agreement of shareholders to take any decision. Our coach confirmed this would be convenient, so the process to transfer all employees, IPs and current agreements is ongoing (to be finalised by May-June 2017). Indeed, this new company, KIDO-DYNAMICS, will be the one carrying out the Phase-2 of DEMOGRAPHICA.
