Crowdsourcing: Due to the open nature of the project, data was aggregated via crowdsorucing to refine document requirements and perform initial software programming.
Marketplace: Priviate bids from enginnering firms within Surcle's network were accepted and reviewed in accordance with NDA and confidentiality agreements.
Engineering Firm Bids:
Project Sponsor came to Surcle with a budget of $45,000 USD to develop a product prototype that will help bring advanced analytics to their factory floor.
Surcle, through ideation and community feedback, crafted a requirements document that produced several viable submissions. Three separate bids ranging between $20,000 to $35,000 were received from reputable engineering firms proposing to undertake the entirety of the project. Including Surcle's $2,500 innovation concierge fee, Project Sponsor spent total of $37,500 on a budget of $45,000 (17% savings.)