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Emergency response made easy. Expansion to EU.

Sector: Aerospace & Defense • Location: Norway

Source: EU Funding & Tenders Portal

Project
Ended

Pilotech has an ambition to expand its Emergency Response business into EU. In order to do this, it needs to gather market knowledge and product requirements in EU. Pilotech is seeking to partly finance a feasibility study covering market intelligence and product insight through SME instrument – phase 1 (€ 50 000 ) Our mission: Runaway Tiger, Chemical leakage, Aircraft accident. It is not the fact

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The project “Emergency response made easy. Expansion to EU.” is an infrastructure initiative in the Aerospace & Defense sector, located in Norway. Taiyo aggregates data on it from EU Funding & Tenders Portal.

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Description

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Pilotech has an ambition to expand its Emergency Response business into EU. In order to do this, it needs to gather market knowledge and product requirements in EU. Pilotech is seeking to partly finance a feasibility study covering market intelligence and product insight through SME instrument – phase 1 (€ 50 000 ) Our mission: Runaway Tiger, Chemical leakage, Aircraft accident. It is not the fact that you have an operation with risk that matters, but how you handle it if it happens. InCaseIT from Pilotech is an operational crisis management system delivered as a Software as a service (SaaS). It will enable large corporations and smaller businesses to document preparedness, mitigate risk and respond adequately if unwanted incidents should happen. How to approach the international market (EU), where to focus, finance requirements and aligning the value proposition to the customer profiles. These are the key points for the feasibility study. We expect the identified system changes to be within reach as some of our present customers are international corporations. Hence the main learning points will be on the business side of the study. Pilotech has developed InCaseIT and sold InCaseIT to 35 customers covering branches like airlines, chemistry factories, property owners, hotel operators, amusement parks, Red Cross, ship builders mainly in Norway. Given our go to market strategy proves valid, Pilotech will reach a revenue in 2022 of € 7MM (30% profit margin).

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