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Description
Over the last seven years the company has developed in the field of ICT an innovative building/home automation system, which operates on hybrid cloud-based universal integration platform. To enter into new markets Domotics needs a local partner who is interested and has capacity to become the system’s installer in the market and to provide post-installation customer service and support.
The objective of the project is to find a Norwegian strategic partner who is interested in a competitive high performance building/home automation solution. It is expected that the partner will provide input into the main project’s development program taking into account the Norwegian market and its own business specifics. The current project will also investigate the Norwegian requlatory requirements and conditions applicable to the product and the industry. The project objective is to build relationship with the Norwegian partner and develop a joint business plan based on which the main project application will be prepared as part of the project. The project involves also building a financial model and developing detailed financial projections for the main project.
Summary of project results
Project activities completed. Project promoter also participated in the main call.