Provision of Business Consultancy to Newcastle University for Commercialisation of IoT and ML Research by Madevo Limited
Awarded 02 Feb 2023
About
Newcastle University awarded a contract to North East BIC for the provision of business consultancy to assist Madevo Limited in commercialising university research.
The contract, valued at £28,750, involved developing a product proposition for Madevo's IoT and ML platform, which automates sensor onboarding and provides clean data via phone or web applications, with the goal of enabling massive IoT deployments across WiFi, 4G/5G, and low orbit satellites.
The consultancy included phases for opportunity validation and business plan creation, CRM development, CRM plan execution, and securing investment.
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