“iGumps R&D [iGumps Forschungs-, Entwicklungs- und Beratungsges.m.b.H.]” is an R&D company in the SME sector. It is focused on high levels of scientific research and development in the field of Developmental and Learning Psychology, based in Vienna, Austria. It is managed by its two founding directors, Pauline Wachter and Christian Schachenhofer.
The company has a planned annual turnover of 207k EUR for the first operating year: FY2017. This annual turnover is projected to increase to 1m EUR until the financial year of 2020. The market is still growing in Europe due to the increasing number of diagnosed children and adolescents suffering from dyslexia and ADHD. This growth is driven by several factors that affect the environment of our school systems.
In Central Europe, the government spendings for education has been decreased over the last few years while the challenges due to the high number of emigrants and the sociocultural factors like the Flynn Effect make it difficult to keep the level of education. The market of Education & Training is populated with a broad range of similar product offerings, often different by the degree of usability, scientific level, the level of professional supervision, spatial dependency and pricing level. Being competitive in this market relies on adding value by covering the outstanding requests of the society and the target group.
The opportunity for “iGumps R&D” lies in providing an additional value that delivers a high level of scientific methods and measurements, professional supervision for the users, spatial independence and a cost reduction.