Periodic Reporting for period 1 - Akselos Integra (Disruptive Digital Twin solution combining sensor data streams and high accuracy physics-based models to design and monitor large structural assets)
Reporting period: 2018-05-01 to 2018-08-31
We have drawn up a technology roadmap to fulfil the requirements to cover all three market verticals. We accomplished an evaluation of potential technical risk that might endanger the success of our product. This identification has allowed us to define a plan for risk mitigation, to be implemented and updated along the project life.
Our financial analysis has enabled to come up with 5-year financial projections post commercialisation. Commercializing Akselos Integra in one of the assessed verticals in addition to our sales in the Oil & Gas sector is expected to bear positive impacts on the company’s financial performance, increasing our annual revenues by more than 40%.