Development of prototype for internationalization of forecasting-software
| Reference number | |
| Coordinator | INDICIO TECHNOLOGIES AB |
| Funding from Vinnova | SEK 248 000 |
| Project duration | November 2019 - May 2020 |
| Status | Completed |
| Venture | Innovative Startups |
| Call | Innovative Startups step 1 autumn 2019 |
Important results from the project
Through the project, Indicio Technologies has gained a deeper understanding of what it takes to successfully adapt and commercialize the product in the international fund market. These insights have then been converted into a finished prototype that is ready to be evaluated by potential customers within the framework of the project.
Expected long term effects
Indicio Technologies will begin active sales and marketing through direct sales and through the distributor Avrox Investment Solutions. We believe that Corona will delay investment decisions ahead of time for a large proportion of our potential customers. We believe that we will see significantly reduced sales compared to previous forecasts (SEK 9x300 thousand in 2020). However, we believe that there are good opportunities to sign agreements with one or a few customers in 2020.
Approach and implementation
In such a complex project, Indicio has chosen to work in an iterative form. We believe that this has been beneficial for the parties involved, especially in the development and customer feedback phase. Selection: Representative in fund, but not in consultancy market Documentation / business requirements: Very useful to collaborate with an international partner such as Avrox Development of prototype (programming): (Daniel / Frans) Development of prototype (statistical development): (Daniel / Frans) Demo: Good feedback from segment