Periodic Reporting for period 1 - IVALO (Europe to lead the way in revolutionary information lighting solutions)
Reporting period: 2017-01-01 to 2017-06-30
Such displays have growing importance for integrated construction surfaces; the advertising industry; and for devices and wearables. With the 'Internet of Things' expected to see more than 30 billion connected devices by 2019, demand will be significant. Our proposition enables near-shoring of at least parts of the industry back to Europe.
Feasibility study objectives were to specifically enable Brightplus to fully evaluate the opportunity for development and deployment. Our target framework included categories for IPR strategy; patent analysis; key customer identification; initial client requirements definition; and business impact.
For markets, end users are seeking more integration and are not prepared to be integrators themselves. We have focused on uncovering the application areas which show the highest opportunities and to establish partner relationships that can help us to exploit these opportunities in the future. We decided to break things down into three broad sectors of lighting, advertising and display devices (flexible, wearables, IoT).
The unique features of iValo in terms of impact, can be explained as having the potential to deliver a low cost, high volume solution that can be scaled up in area for many surfaces, including curved or flexible surfaces, providing improved brightness with less power and heat for better performance and reliability. This would present exciting new possibilities for design freedom.