We started the development of a National Pandemic & Economic Mitigating Steering & Control Cockpit, an automated tool that takes all Corona data plus economic impact models and generates the optimal recommended counter measures as a function of time (horizon: 1 year) in order (1) to control the Corona development and (2) optimize the economic impact at the same time.
Current Status
Corona Simulation Framework is in place, the solution approach is worked out, and integration of the economic component has started. First Corona results have been published in from of a OLT-Smart-Data-against-Corona-Bulletin.
Market
Country and state-level executives around the world. The global market size for 2020 is >1 Billion Euros.
Problem or Opportunity
All national and local governments are looking for the best countermeasures to steer their countries through the Corona Crisis without destroying the national economy.
Solution (product or service)
Software-as-a-Service Solution: Automated Tool that takes all Corona data plus economic impact models and generates the optimal recommended counter measures as a function of time (horizon: 1 year) in order to control the Corona development and optimize the economic impact at the same time.
Competitors
No solution known yet that optimized the Corona virus development and the economic impact.
Advantages or differentiators
Features: a. Joint pandemic and economic data-driven real-time impact modeling b. Find optimized joint solutions and provide recommended counter-measures as a function of time to government executives c. Automatic and continuously monitoring of the effects of countermeasures and instant updates on optimal solution based on the actual measured Corona counts d. Visualization of joint pandemic and economic scenario simulations based on user defined input parameters
Benenfits: a. Keep Corona under control and at the same time the economic lockdown damage to a minimum until large-scale vaccination campaigns are available b. Recommender & Cockpit solution for government executives for an optimal steering through the Corona crisis c. Country specific optimal information basis and impact analysis for high-impact decisions d. Improved longterm counter-measure planing to allow industry and commercial players to adapt e. Optimize national economic recovery times through the automatic identification of sufficiently effective measures with the least possible impact
Finance
Price per Installation: 100k - 1M Euros depending of size of country or state
Business model
SaaS Model with an annual subscription fee.
Money will be spent on
Solution and Product Development
Offer for investor
800k Euro Convertible Loan with significant evaluation discount for next financing round. Deal closure by 10. May 2020.
