The successful development of the Galileo business within the LBS market relies on the level of interest and confidence that the decision makers at major telecom organisations have in Galileo for their business development. It is essential therefore, that the telecom actors are made fully aware of the key features of EGNOS and Galileo.
The LBS market has been identified since the very first market analysis of Galileo as the main market, in terms of number of users and potential revenues. Taking this into consideration, it is pertinent to further establish the potential revenue mechanisms for the possible products and commercial services.
There are innumerable reports that identify LBS as the largest potential source of revenue for Galileo. The AGILE project will push for an open business model as a framework for success of Galileo-based applications.