CLIENT NEEDS
- Our client was looking for implementable digital solutions that could help reduce / eliminate downtime losses due to unexpected equipment failure.
CLIENT OBJECTIVES
- The client was looking for companies/startups who develop control systems & related hardware for motion control linked to autonomous mobility for their X by wire project
- They required WhatNext to Identify of a list of relevant companies & startups who have technologies/products at any maturity level but are directly linked to vehicle motion & stability control (e.g., path planning, trajectory planning, route planning, etc.).
KEY BUSINESS OUTCOMES
- The engagement resulted in the client discovering novel middleware (perception, sensor fusion & motion control) at TRL maturity levels of 6+.
- The client selected 2 companies for conducting deeper technical due diligence and testing.
KEY BUSINESS IMPACT
- The client has made considerable progress in their X by Wire innovation including novel approaches in software.
OUR APPROACH & METHODOLOGY
Expert Project Team Deployment
- For the client’s specific business objective, from its Expert Network, WhatNext selected and deployed an Expert with a specialization in electromechanical systems. This expert was supported by a PhD student to help in data gathering, research and analysis.
Research
- The Expert team analysed patent literature, product data sheets, technical research papers, conference papers & other scientific articles from leading journals & magazine publications. They also engaged and exchanged opinions with other experts in their network and other experts sourced from the WhatNext Expert Network.
- The outcome of the research phase resulted in a long list of 62 relevant companies (25 large companies, 20 SMEs & 17 startups) whose offerings were bucketed into 8 key categories of interest (covering middleware, hardware, technology services, etc.)
- The research findings were made available to the client over the WhatNext platform.
- In consultation with the WhatNext expert, the client decided to focus only on the 20 SMEs and 17 start-ups.
Benchmarking & Due Diligence
- 31 of the 37 shortlisted companies were part of the WhatNext Start-Up Network. The other 6 companies were then empaneled in the WhatNext start-up network.
- A deeper benchmarking study was conducted to evaluate which product/technology offerings are suitable from an integration/collaboration/co-development standpoint. This resulted in a final shortlist of 7 SMEs and start-ups.
- The client along with the WhatNext expert panel conducted In-video interviews of these 7 companies to evaluate the actual maturity level (v/s what is claimed) of their technology solutions.