Feasibility studies identify the business potential of an automation project, the technical feasibility and the cost involved. Feasibility studies are an important first step in any process automation development process, a step that should never be missed. Hint consultants can assist you in the analysis of system / software requirements and the resulting risks with a proper cost / benefit analysis. As each area has its own aspects, feasibility studies vary based on the system that has to be developed. Examples of Consultancy activities are: Operational Improvement StudiesOperational improvement studies address the optimisation of production processes as well as logistic operations. Architectural Design StudiesArchitectural design studies determine the best hardware / software architecture to meet aspects such as safety, reliability, scalability, (cyber) security and maintainability. Economic Feasibility StudiesEconomic feasibility studies, conducted in the early phases of a project, help in making a cost / benefit analysis. This analysis can complement the organisation’s Business Case to justify a "go" or "no go" for a project. Vendor Qualification, Bid Specification and Proposal EvaluationRFQ documents specifying your requirements and fair vendor selection procedures are fundamental for a successful automation project.
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