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!

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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?
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To answer these questions and more, we offer the FEASIBILITY STUDY package. See how it works in overall project timeline.

IDEA

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IDEA

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Feasibility Study
  • Product requirements
  • User script
  • Dimensional estimates
  • Product sketching
  • 3D renders
  • Component selection
  • Product cost breakdown
  • Project budget and schedule
EVT — Make a product work
  • Industrial design
  • Hardware development
  • Mechanical Design
  • Embedded Firmware
  • Prototyping (<10 units)
  • Test report
DVT — Make a product work and look grea
  • DFM (Design for Manufacturing)
  • Hardware optimization
  • Mechanical design for molding
  • Embedded Firmware upgrade
  • Prototyping (<50 units)
  • Testing and debugging
  • Product documentation
PVT — Make a product ready for mass production
  • DFM (Design for Manufacturing)
  • Tooling
  • Preproduction samples (<500 units)
  • Functional tests
  • Manufacturing docs
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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
    • Research available technologies
    • Prepare technical specification document
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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

Show examples
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  • 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)
    Show examples
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We prepare for next steps

  • Prepare development plan from idea to manufacturing
  • Get a financial proposal for development
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How we communicate?
  • 3x weekly calls with our technical team (60 minutes).
  • Weekly PDF report with ideas, solutions, and proposals
Download sample documents

Here is what our clients say:

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Order Feasibility Study to get a detailed technical analysis before committing to bigger project

Have questions?
Let’s discuss

Schedule a consultation
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