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NASTEX

Study feasibility and best route to market for telecare solution in Germany and Japan

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

NASTEX project word cloud

Explore the words cloud of the NASTEX project. It provides you a very rough idea of what is the project "NASTEX" about.

collection shortened live similarly elderly expansion viability hospital wearable wristwatch impair size markets com customer verification efforts optimum market reliably lack longer housing assistance routes engagement personal navigil wearers route sheltered sufferers eligible segment alternative independently found safefy day validated safely dementia providers location persons japanese services person saves acute mobile delayed plans list definition s1 requiring uk issue municipal recuperation care routing validate esperi days individual solution telecare reachability move phone plan finnish http entities fall home caregivers professional calculation german countries launched nastex suffering fit first outcome verified time profitability critical provider disruptive watch

Project "NASTEX" data sheet

The following table provides information about the project.

Coordinator	NAVIGIL OY Organization address address: KARAPORTTI 5 city: ESPOO postcode: 2610 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Finland [FI]
Project website	http://www.navigil.com
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)) 2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
Code Call	H2020-SMEINST-1-2014
Funding Scheme	SME-1
Starting year	2015
Duration (year-month-day)	from 2015-03-01 to 2015-08-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	NAVIGIL OY NAVIGIL OY Organization address address: KARAPORTTI 5 city: ESPOO postcode: 2610 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	FI (ESPOO)	coordinator	50˙000.00

Map

Project objective

Navigil has launched a disruptive wearable mobile personal safefy solution into the Finnish market (http://www.navigil.com/products/s1-wearable-telecare-watch-phone/). The solution has been developed using customer requirements from market leading telecare provider (Esperi Care) who is our first customer and from similar entities in the UK.

Wearers of our wristwatch are elderly persons requiring assistance in order to live independently at home and persons suffering from dementia. Users of our location and reachability / call routing services are individual caregivers and municipal/professional telecare providers.

The lack of care resources for elderly care and for dementia sufferers is an acute issue in all EU countries. The Navigil solution addresses this particular issue by enabling persons to live safely at home longer. If the move of a person to sheltered care housing can be delayed by three days the Navigil solution saves costs. Similarly if the recuperation time in hospital after a fall can be shortened by one day our solution saves costs.

NAvigil STudy on EXpansion (NASTEX) is a project to validate our solution's fit to the German and Japanese markets and to build a market engagement plan for each market found viable.

The outcome of the study is validated eligible market size, definition of the optimum route to market and list of verified customer requirements. The best route to market study includes alternative routes for each key segment. The customer requirements verification includes collection of key customer requirements in a given market and their comparison to those found in the EU. The R&D impact of new or different customer requirements is one element of market viability and profitability calculation.

The NASTEX project is critical for our expansion plans, without it the profitability of a new market can't be reliably verified. Failure to do the verification could impair expansion efforts in the EU markets.

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Send me an email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

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The information about "NASTEX" are provided by the European Opendata Portal: CORDIS opendata.