Periodic Reporting for period 1 - Ceres (Proactive system to forecast and reduce environmental footprint while maximising agriculture performance)
Okres sprawozdawczy: 2018-12-01 do 2019-03-31
We solve the situation with CERES, a software designed specifically for technicians to manage several farms and a wide range of factors influencing the supply chain allowing them to lower their prices (up to 35%) and bring precision farming to farmers. On top of that, CERES will reduce expenditure in fertilization (up to 70%), water consumption (up to 30%) and phytosanitary products (up to 30%) and ensures the delivery of sustainability indexes, traceability and prediction tools through block chain and machine learning technologies.
Technical feasibility: the results proves the correct integration of the different modules of the software and considerations to reach TRL9.
Freedom to Operate analysed a number of patents which have been identified. Non-significant findings jeopardize the project, and we indicate the protection measures to be taken by CERES. Also normative and regulations to be fulfilled are analysed.
Commercial feasibility includes the identification of the main client: crop technician, as well as key stakeholders. The focused markets are EU, South America and the USA.
Financial feasibility and business plan include sales forecast, EBITDA estimations and market risks identification. With an initial estimation of 1.2M€ from Phase 2, indicates a ROI of 2.3. Critical risks (technical and commercial) are analysed.