The client approached Euristiq for R&D digital consulting regarding a new business intelligence software tailored for insurance companies that cater to the transportation and logistics sectors. During the project discovery phase, we tackled numerous challenges. Among the most significant was validating the technical feasibility of creating the solution and estimating the overall development cost. Our responsibilities included selecting the most suitable dash cameras that would meet the majority of the project’s requirements, designing an architecture for the solution that could handle the processing of vast amounts of data in real-time, and ensuring scalability both geographically and in terms of device count, scaling up to tens of thousands of units.
Building complex software solutions from scratch requires detailed functional and technical analysis of a software application. Hence we suggest our clients start with the project Discovery phase to gain a deeper understanding of the product development, identify risks, and outline the development stages, including the cost, time frame, and architecture design.
PoC of the solution
The Euristiq team created a PoC to test whether cameras could support the defined business requirements. The client received a clear understanding of what the final product will look like.
Functional and technical analysis
It allowed the client to gain a deeper understanding of product development, identify risks, and outline the development stages, including the cost, time frame, and architecture design.
We produced a detailed SRS document that included UI mockups of an intelligence software for insurance business and described the whole development process. It also contained an accurate feature-based cost and time evaluation.
The project discovery mapped out the development process and created an overall vision of the final business intelligence software for insurance company. The client received a clear understanding of what the final insurance business intelligence software will look like and detailed steps of how to get there. The confidence that the client’s expectations cannot fall short, gave them trust and excluded the necessity of daily syncs.
Euristiq continued with the project development that came after. The Discovery phase helped our client save costs and time and enabled us to launch the project fast and with minimum stress.