Yomento AI iPLT smart coach
| Reference number | |
| Coordinator | YOMENTO MANAGEMENT AB |
| Funding from Vinnova | SEK 300 000 |
| Project duration | May 2018 - August 2018 |
| Status | Completed |
| Venture | Innovative Startups |
Purpose and goal
Our goal was to launch a pilot on Appstore/Test flight and Google Play end of August and we launched full versions on both plattforms medio August. We have a clear view on our IT structure in regards to the challenges with AI and machine learning. We have evaluated our GDPR compliance and updated our privacy policy. Our partner discussions continues around future collaboration with one partner onboard - a large international training company.
Expected results and effects
We reached our sales objective with really good "lighthouse" customers. We managed to launch our applications before deadline medio August despite some administrative changes around Appstore and their BtB solution (Volume Purchase Program). GDPR compliance evaluation finalised as agreed. Our IT structure is well suited for AI and machine learning but we need more volume to make it economically and technically feasible.
Planned approach and implementation
The evaluation of our IT structure was faster and less complex than anticipated, hence we saved some money versus our budgeted costs. The UX/UI development was swift with focus groups and concepts in June and the programming was done over the summer thanks to low holiday take-out. The sales meetings were very positive and the response overwhelming with three contracts signed and a few very strong prospects. This has given us confidence in our business model and our product. Partner discussions are taking slightly longer than anticipated but as one major partner is signed on we met our goal.