Periodic Reporting for period 1 - Wave Predictor (Wave Predictor)
Berichtszeitraum: 2018-02-01 bis 2018-07-31
Next Ocean has developed a world-wide unique technology to predict (critically high) waves 3 minutes in advance. Their Wave Predictor (WP), which is the result of more than ten years of research, contains unique “deciphering” and predictive algorithms for upcoming waves and the resulting ship motions. The Wave Predictor predicts exactly when and where dangerously high waves occur, enabling users to anticipate proactively in time.
Specific objectives in this H2020-SMEInst Phase 1 feasibility study were:
1. To explore the potential for scale-up to European and global offshore markets, identifying the most promising segments for scale-up, in order to make a validated decision on segment, continent/country and client prioritization, and identify up to 50 most promising new customers in 2019.
2. To draft a detailed business plan for Next Ocean’s European and global expansion.