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A feasibility study is an analysis that takes all of a project's relevant factors into account—including economic, technical, legal, and scheduling considerations— to ascertain the likelihood of completing the project successfully. Investors use feasibility studies to discern the pros and cons of undertaking a project before they invest time and money into it.
Feasibility studies are important for business development. They allow businesses to address where and how they will operate. They can also identify potential obstacles that may impede the operations and recognise the amount of funding it will need to get the business up and running. Feasibility studies aim for marketing strategies that could help convince investors or banks if investing in a particular project or business is a wise choice. Engaging a third party for assessment on your behalf, ensures that you would be able to base your decisions on detailed, impartial and reliable results.
At TÜV SÜD we help Data Centre Landlords with:
Our Techno Economic Viability (TEV) study includes feasibility and bankability studies for asset to evaluate and analyse technical and financial viability by assessing the strengths and weaknesses of a proposed investment. Our TEV study includes below but not limited to:
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