Periodic Reporting for period 1 - SOMA Analytics (Chronic Stress Biomarkers for Early Detection and Prevention of Burnout)
Reporting period: 2014-12-01 to 2015-05-31
The project has established the market interest (competitive analysis, willingness to pay) and recruited corporate organizations willing to participate in trials.
• Presented at industry conferences and generated interest from commercial and industrial partners
• Recruited early adopter companies from different sectors across Europe
• Mapped the competitive landscape and refined SOMA’s unique selling proposition
• Gathered market data on pricing and willingness to pay
It is worth mentioning that SOMA Analytics was named best eHealth solution produced by a European SME 2015 by the eHealth Competition, endorsed by the European Commission.
In 2013, the costs of work-related depression in the EU-27 was estimated to be €617 billion annually34, taking in account costs to employers resulting from absenteeism (€272 billion), loss of productivity (€242 billion), healthcare costs (€63 billion) and social welfare costs (€39 billion).