proof of concept


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proof of concept

n
commerce the stage during the development of a product when it is established that the product will function as intended
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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'The meeting continues so that by two to three months, we will have a proof of concept involving about one thousand towers, hard to get places, 'yung mga (the) missionary areas on the spectrum on where the towers are supposed to be,' the DICT Chief told the panel.
He explained that the proof of concept will be their guideline on how to implement the common tower policy, which allows cell tower firms to build and deploy communication infrastructures that may be leased to telecommunications companies to further improve the delivery of their services to the public.
CGI (TSX: GIB.A) (NYSE: GIB) has announced it has collaborated with Scotiabank and Conpend on a proof of concept using robotic automation to capture, identify and classify documents as part of the CGI Trade360 transaction flow, the company said.
The company has conducted successful proof of concept studies and has filed patent applications to support its therapeutic strategies for three projects: ATB223, ATB224, and ATB338.
The proof of concept allowed clearing and "delivery versus payment" settlement immediately, demonstrating that it's possible to complete post-trade settlement on a DLT platform.
The test machine is a proof of concept for packaging and performance of a lithium based energy storage solution Caterpillar plans to bring to the LHD market.
"This proof of concept shows the potential of live 360A[bar] video to augment the F1 TV viewing experience and bring VR mainstream in live sports and entertainment," said Mehul Kapadia, Managing Director of Tata Communications' F1 Business.
Airborne Wireless Network (OTCQB: ABWN) has provided an update and preliminary timeline on its "Proof of Concept Aircraft Flight-Test" for the development of its patented air-to-air communication system, the Infinitus Super Highway, the company said.
SWIFT, in collaboration with leading global transaction banks, is developing a proof of concept (PoC) application that will test whether distributed ledger technology (DLT) can be used by banks to improve the reconciliation of their nostro accounts in real time, optimising their global liquidity.
The Proof of Concept operating data was provided by Danieli S.P.A., one of the leading steelmaking engineering companies in the world with rigorous financial analysis conducted by the EPCM contractors to the project - Royal HaskoningDHV Netherlands.
The objective of the proof of concept is to demonstrate cloud use cases that enable Zain to have faster time to market and easy deployment of many ICT services such as, Voice over LTE, Machine to Machine, Rich Communication Services and Enterprise Solutions.
UTStarcom (NASDAQ: UTSI) said it has completed a proof of concept test of its software defined networking solution, that will improve network operations through automation and delivery of valuable new services for telecom and mobile operators.