Definition of Proof of concept/feasibility study

A common definition of a Proof of Concept realisation of a certain method or idea in order to demonstrate its feasibility or a demonstration in principle with the aim of verifying that some concept or theory has practical potential. A proof of concept usually validates technical idea in quick/limited manner.

Proof of Concept is the first technical stage in cooperation with RVmagnetics. The outcome of this activity is a feasibility study to provide client with a compelling evidence to further invest in developing smartified product, part or material. The next step in cooperation is typically a customisation project.

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