What

Main objective is the development of a business plan that should lead to the startup company formed as a joint effort of the two partners in Smarble. This business plan should include at least two new application fields for the technology.

The business plan will include the increased market potential reached when the new technologies are added, the way in which the technology is brought to market, i.e. as a device or as a service, and the cost of the development required to make a viable product or service from the existing technology. To get a view on the development still necessary we will execute two pilot applications, one for each field targeted (mixing tanks and pipelines). The market potential will be established in the oil & gas, utility and chemical processing markets.