The client, a major engineering company, promotes technology development that can add more value with IoT technologies for existing facilities or plants which they design, develop, and operate.
Current and voltage are most important to be measured among the measurement items for their instruments, however the client has not yet discovered technologies from their network that fulfill the requirements.
Therefore, the client has issued this open request globally to further accelerate development jointly with potential partners.
Proposal shall have clear points and should not include confidential information. Supplemental files may be submitted in addition to the proposal.
The client will evaluate all responses with the following criteria.
- Overall scientific and technical merit
- Approach to proof of concept or performance
- Economic potential of concept
- Realism of the proposed plan (action items, timeline, roles, deliverables, cost estimation)
- Potential for proprietary position
- Respondents’ capability and related experiences
Anticipated Project Process
After reviewing submitted proposals, the client possibly ask clarifying questions before selecting the most suitable candidates for collaboration. The client will select best candidates through evaluations. During the selection process, the client may execute NDA with selected respondents, seek further information disclosure, and discuss specific development targets or potential opportunities.
The client will execute necessary agreements with the selected respondents and move to the advanced development phase. Specifics of any collaboration will be determined through consultation with the concerned parties.