Nodified: product and business development, part 2
Purpose and goal
This project has three milestones based on the results derived from Nodified’s Innovative Startup-project Step 1. The first milestone is to develop a second prototype and in connection to this also conduct continuous beta tests in order to evaluate and enhance the performance of the product. The second milestone is to establish a sustainable IP strategy that goes in line with the product development. The final milestone is to continue the market development.
Expected results and effects
We expect that the results from this project will bring us closer to market launch, contribute to an investigation of the prerequisites of the immaterial rights that can lay ground to a solid IP strategy and to help validate new market segments, business models and customer collaborations. Also, the results will increase the likelihood of attracting future investors and competence to the company.
Planned approach and implementation
The product development will be conducted by our developers that are working according to the agile software development methodology with week-long sprints and follow-up meetings once per week. The continuous beta tests will be conducted by the founders, developers and business partners. The investigation of the immaterial rights and the establishment of IP strategy will be executed by the founders supported by the developers, business partners and IP consultants to the extent necessary. Finally, the market development will mainly be handled by the founders.