FEASIBILITY STUDY

You want to create a new product. You have a great IDEA and VISION. You wonder how to plan next steps. How to budget, and what pitfalls to avoid.

 

Reality is brutal: 60% of companies underestimate complexity of launching a new IoT product; 75% of self-funded IoT projects fail Per Cisco survey.

 

 

Whether it’s your very first product or another success story, our feasibility study is a step-by-step SOLUTION to reliably get your IDEA to MARKET!

 

WHY DO YOU NEED FEASIBILITY PHASE

Right now you might have many questions.
  • What is the best technology?
  • How to plan and de-risk product development?
  • How much will the final product cost?
  • How much development will cost?
  • How fast can we develop it?
  • How to make the next step?

To answer these questions and more, we offer the FEASIBILITY STUDY package.

See how it works in overall project timeline.

Team of professional engineers will work with you to establish goals and select suitable technologies. The process we used on over 40 Projects

WHAT'S INCLUDED?

We evaluate product feasibility

Brief competitor search
Establish ideal vision for the product

 

We prepare technical specification

We prepare technical specification
Prepare technical specification document

We prepare product design

Seeing is believing. We help you visualize your vision
We start with 5-10 design ideas, shortlist 2-3 best options, and prepare high quality 3D renders
You may use them for marketing and fundraising

We select technologies and components

What wireless interface is best?
What battery is required to provide enough battery life?
How to make it portable and small?

 

We calculate estimated cost

Final product cost
breakdown (per unit cost) Startup expenses estimates (fixed expenses)

How we communicate?

5x weekly calls with our technical team (60 minutes).
Weekly PDF report with ideas, solutions, and proposals

We prepare for next steps

Prepare development plan from idea to manufacturing
Get a financial proposal for development

Show examples

DOWNLOAD SAMPLE FEASIBILITY STUDY DOCUMENTS

Get a PDF version of example to download and share.

Let's talk about your project

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Contact us

United States
Los Angeles, CA9410 Owensmouth Ave,Chatsworth, CA 91311
Taiwan
ManufacturingNew Taipei City120 Nan Shi St.
Europe
EngineeringComing soon