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NASTEX

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

Total Cost €

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EC-Contrib. €

0

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.

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

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 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.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "NASTEX" project.

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

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