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NASTEX

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

Total Cost €

0

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.

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

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.

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

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