Following a successful application to Phase 1 of the EC Horizon 2020 SME Instrument, Radius has carried out a feasibility study that assessed the technical feasibility, economic viability and financial feasibility of Radius services working with the industry leaders and key stakeholders.
Radius has carried out a technical feasibility study of their solution, and have gone beyond the initial target objectives, including engaging with stakeholders and delivering services to them. Requirements of the contract have been completed to the customer’s satisfaction. Following the project, the project results were presented to prospect clients and additional leads were generated. Also, the customer has requested additional services and custom development from Radius.
During the feasibility study, Radius has conducted market research and stakeholder meetings with more than 89 retailers and 12 shopping centre investor/operators. Radius has already provided its services to a few of them. With the positive feedback and created roadmap for product development, Radius has prioritized the prospect clients and scheduled PoC with the high priority leads for Q1 2020.
During the feasibility study, Radius has been recognized for its innovative technology and approach which allowed the company to widen its network of stakeholders, investors, strategic partners and clients. Also, the team has grown to 12 by attracting talents and domain experts during the project.