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FlatMaster MSP Faster Measurement Tool for Manufacturing Engineer There are currently no reviews for this Innovation.
| FlatMaster MSP
Faster Measurement Tool for Manufacturing Engineer |
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Use the FlatMaster MSP to measure flatness, parallelism, thickness, step height, hole and feature location of tightly toleranced parts in seconds. |
 Annual Sales Forecast for USA * | Innovation Status |
Idea |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
Development
Status |
Proprietary
Protection Status |
Concept
Score |
| Ultra Low |
$0 |
$390 |
$3,100 |
5 of 5
Shipping & Selling
|
5 of 5
Granted Patent Claims
|
25 29 is
Average
|
| Low Support |
$5,300 |
$15,000 |
$33,000 |
| Medium Support |
$46,000 |
$100,000 |
$190,000 |
| High Support |
$130,000 |
$290,000 |
$530,000 |
Remaining Time & Cost to First Sale |
| Ultra High |
$240,000 |
$550,000 |
$1.0 M |
< 6 months
|
< $10k
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FlatMaster MSP
- Faster Measurement Tool for Manufacturing Engineer
Final Decision Maker: Quality Manager, Production Manager, Manufacturing Engineer, Manufacting Manager
Use the highly accurate FlatMaster MSP to measure flatness,parallelism, thickness, height, angles, hole and feature location of tightly toleranced parts on your manufacturing floor. Go beyond CMM technology with the FlatMaster MSP as it measures the full surface of your part in one 3 second measurement. It's like a million tiny probes measuring critical part features in a fraction of the time. This unique invention uses non-contact, laser based frequency scanning interferometry to measure multiple surfaces at the same time. The system enables production managers to control quality of more products in less time; resulting in higher quality parts, improved yield and less cost to market.
| $150,000 for Flatmaster MSP | Seeking: Purchase |
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* Consumption sales forecast. Does not include "Random" events or "Inventory Fill". Forecast is for Year 1 for Large or Year 2 for Small Companies.
Forecast should be read as ..."With Low marketing support there is an 80% odds of achieving sales of at least... |
| Listing #: USA.76.032809.001 |
Page 1 of 5 |
Date Posted: 2009-04-08 |
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| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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Report Assumptions and Inventor(s) Commentary
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| Inventor(s) Assumptions |
"Most Likely"
Estimate |
Confidence |
Inventor(s) Commentary
Data Source or Basis for Assumptions |
| # of Possible Final Decision Makers |
100 |
30% |
|
| Revenue per First Purchase |
$150,000.00 |
70% |
Based on actual sales. |
| % that will Repeat |
N/A |
N/A |
|
| Number of Annual Repeats |
N/A |
N/A |
|
| Revenue per Repeat Purchase |
N/A |
N/A |
|
| Reseller (Trade) Margin |
N/A |
N/A |
|
| Producer Profit (EBITD) |
10% |
50% |
Systems have been shipped. Product is in production. |
| |
| Innovation Status |
|
Development
Status |
5 of 5
Shipping & Selling
|
Invention has been developed and commercialized. Multiple system models have been sold and are currently available for sale. |
| Cost to First Sale (remaining) |
< $10k |
90% |
Systems have already been sold. Product is available now. |
| Time to First Sale (remaining) |
< 6 months |
90% |
Systems have been sold. Product is available now. |
| Confidence in Concept Claims made in description |
90% |
Product has been sold to multiple customer locations. |
Proprietary
Protection Status |
5 of 5
Granted Patent Claims
|
There are 9 patents granted and 4 pending on this technology |
| Concept Score & Diagnostics |
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| Concept Diagnostics |
Red |
Yellow |
Green |
| Percentile Group |
Bottom 40% |
Middle 40% |
Top 20% |
| Overt Benefit |
 |
|
|
| Reason to Believe |
|
|
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| Dramatic Difference |
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|
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| Listing #: USA.76.032809.001 |
Page 2 of 5 |
Date Posted: 2009-04-08 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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Inventor Commentary & Alternative Development Scenarios
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| Inventor(s) Sales Goals |
| Minimum Goal |
$0.8 M |
Current GOAL |
$1 M |
Use the FlatMaster MSP to measure flatness, parallelism, thickness, step height, hole and feature location of tightly toleranced parts in seconds. |
Inventor(s) Commentary:
Customers who use the FlatMaster MSP and related products see them as invaluable tools on the production floor. Our systems improve yield, save time and money - resulting in a more competitive product for our customers. |
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CURRENT SALES FORECAST |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$390 |
$3,100 |
| Low Support |
$5,300 |
$15,000 |
$33,000 |
| Medium Support |
$46,000 |
$100,000 |
$190,000 |
| High Support |
$130,000 |
$290,000 |
$530,000 |
| Ultra High |
$240,000 |
$550,000 |
$1.0 M |
If MARKETING CONCEPT Improved (Increase Concept Score by +20 Points) |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$770 |
$5,800 |
| Low Support |
$10,000 |
$29,000 |
$59,000 |
| Medium Support |
$95,000 |
$200,000 |
$350,000 |
| High Support |
$260,000 |
$560,000 |
$930,000 |
| Ultra High |
$500,000 |
$1.1 M |
$1.7 M |
If MARKETING CONCEPT and PRODUCT/SERVICE Improved (Increase Concept +20 Points, Repeat Rate & Number of repeats by 30% and Revenue per purchase 20%) |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$770 |
$5,800 |
| Low Support |
$11,000 |
$29,000 |
$59,000 |
| Medium Support |
$95,000 |
$200,000 |
$350,000 |
| High Support |
$270,000 |
$570,000 |
$930,000 |
| Ultra High |
$500,000 |
$1.1 M |
$1.8 M |
|
| Listing #: USA.76.032809.001 |
Page 3 of 5 |
Date Posted: 2009-04-08 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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Additional Details
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| Fair Market Royalty (%) |
| |
Conservative - 80% Odds
Royalty Percentage |
Most Likely - 50% Odds
Royalty Percentage |
Aggressive - 20% Odds
Royalty Percentage |
| At CURRENT State & Status |
1.2% |
2% |
2.8% |
Sales & Marketing
Support Level |
Annual Inventor Royalty Revenue |
3 Year Value
to Inventor
If 50% Odds |
| 80% Odds |
50% Odds |
20% Odds |
| Ultra Low Support |
$7 |
$20 |
$40 |
$60 |
| Low Support |
$120 |
$290 |
$530 |
$880 |
| Medium Support |
$850 |
$1,900 |
$3,400 |
$5,700 |
| High Support |
$2,300 |
$5,300 |
$9,200 |
$16,000 |
| Ultra High Support |
$4,500 |
$10,000 |
$17,000 |
$30,000 |
| Sales & Marketing Support Level Assumptions |
| Sales & Marketing Support Level Assumptions |
Sample Numbers |
% Aware x
% Distribution
(Aware & Able) |
Inventor
Confidence |
| % Distribution |
% Awareness |
| Ultra Low Support (Word of Mouth) |
5% |
3% |
0.2% |
N/A |
| Low Support (Small Company) |
20% |
10% |
2% |
N/A |
| Medium Support (Medium Sized Company) |
50% |
25% |
13% |
N/A |
| High Support (Large Company) |
75% |
45% |
34% |
N/A |
| Ultra High Support (Mega or Niche) |
90% |
70% |
63% |
% |
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Graph of EQUIVALENT (Awareness x Distribution) Combinations
 |
NAICS Industry Codes
For This Invention |
| 33641 - Aerospace Product and Parts Manufacturing |
| 33631 - Motor Vehicle Gasoline Engine and Engine Parts Ma... |
| 33441 - Semiconductor and Other Electronic Component Manu... |
| 33391 - Pump and Compressor Manufacturing |
| 33341 - Ventilation, Heating, Air-Conditioning, and Comme... |
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| Patent Numbers that apply to this Product/Service |
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| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
20 |
| GRANTED Patents |
30 |
| Licensing Deals SIGNED |
0 |
| Innovations that have SHIPPED |
27 |
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For USA Patents: Utility Patent = 7 digit number, Design Patent starts with D, Planet Patent starts with PP. Provisional Application "61/xxx,xxx", Non provisional application "12/xxx,xxx", Design patent application "29/xxx,xxx"
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CAUTION: This Merwyn Business Simulation Research Report includes no warranty or guarantee. Results and opinions should be considered rough and directional in nature. This is because the report is based upon inventor-supplied data and simplified modeling methods. If you are looking to invest, distribute, purchase or become involved with this innovation, in any way, we strongly urge you to validate the inventor data and sales forecasts BEFORE committing yourself or your resources. Merwyn Research, Inc. shall not be responsible for any liability or damages arising out of the failure to perform such investigation and validation. Changes in the concept description, product, pricing, or input assumptions will almost certainly change results.
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| Listing #: USA.76.032809.001 |
Page 4 of 5 |
Date Posted: 2009-04-08 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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Additional Forecasts for Other Countries
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 Annual Sales - Probability Forecast - Canada |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$62 |
$490 |
| Low Support |
$830 |
$2,300 |
$5,200 |
| Medium Support |
$7,300 |
$17,000 |
$31,000 |
| High Support |
$20,000 |
$46,000 |
$84,000 |
| Ultra High |
$38,000 |
$87,000 |
$160,000 |
 Annual Sales - Probability Forecast - United Kingdom |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$110 |
$870 |
| Low Support |
$1,500 |
$4,200 |
$9,200 |
| Medium Support |
$13,000 |
$30,000 |
$54,000 |
| High Support |
$36,000 |
$82,000 |
$150,000 |
| Ultra High |
$68,000 |
$150,000 |
$280,000 |
Forecast are calculated based on population, (PPP) purchasing power parity, International Trade, Urbanization and the Human Growth Index.
Forecast can be skewed for some industries, so for best results, adjusting the number of final decision makers for every country is recommended.
| Listing #: USA.76.032809.001 |
Page 5 of 5 |
Date Posted: 2009-04-08 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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