Real time positioning, communication, mapping and distribution of a remote object or person location

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Instantview has a concept, Locator, which will provide real time positioning, communication,mapping and distribution of a remote object or person location. The GSA forecast that by2015, revenues for EGNOS-based mapping devices are expected to exceed €100mln. Locatorappears to be positioned in an uncontested space within the mapping / GIS market.Locator uses augmented GNSS (EGNOS) to position the user within one metre. The locationof the remote object or person is calculated knowing the bearing, tilt and distance from theLocator unit to the item being targeted; the device requires an accurate 3D compass. Thelocation of the remote item, along with an image of the object / person, is pushed to a serverfor mapping and may be forwarded onto other colleagues in the field. Locator is light,portable and doesn’t require a skilled operator.The proposed project will run from December 2012 to August 2013 using Prince2 projectmanagement principles. The components of Locator appear to be available and used in anumber of alternative devices. The challenge is to package these in a compact housing andbring the device to market for a reasonable cost.The proof of market activity will identify market segments, future demand, potential pricingand ‘unknown’ customer preferences, needs and concerns. Locator’s product, features andbenefits will be validated with early adopters and other potential customers to identify theminimum viable product for prototyping and initial sales. Competitors will be identified andevaluated, as will potential channels to market and partners so that Locator may be positionedeffectively.