From our market research we have identified a global market value of $22.18b and the size of our segments of interst, which are printer vendors and vendor-specific printer models, within packaging and labelling companies, textile industry, printed-media, media agencies and communication offices at any level.
To complete the technical development, we elaborated a detailed work plan to increase the current TRL 6 prototype of ColorBOX up to TRL 9 during 24 months, when we will work in the development of a user-friendly could version of ColorBOX and in Software integration activities together with the development of a dedicated hardware.
Our Freedom to Operate analysis evaluated the risk of ColorBOX entering the market. None of the relevant patent applications offer a complete package of image enhancement, repurposing and file optimization including document dimensions, image conversion, DPI correction. In addition, our competitors’ offer does not hold a strong threat to our system, hence we have identified freedom for commercial operation with ColorBOX.