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Problem ? Insert
1. An Alternative to Track the Location of Individuals- similar tracking devices are expensive to utilise e.g. other firms utilizing GPS as their source for tracking 2. To Alleviate Concerns in Schools- e.g. stealing being commonplace amongst adolescence, these deviant acts are often correlated with other anti-social behaviours and a range of mental health conditions (therefore, a need to track students' activities) |
Solution ? Insert
Personal Personal Beacons- these beacons send a signal to rPi every 5 minutes |
Unique Value Proposition ? Insert
1. Affordability and Accessibility of Device- less tedious compared to video cameras & storage of videos etc. 2. Custom-Made Product- depending on the needs of the client, they can increase the number of rPis to get a more accurate triangulation. 3. Low Number of Sensors Needed- the maximum range of an eddystone beacon is 70m |
Unfair Advantage ? Insert
1. Bosch Cloud- it allows for easier scaling/existing infrastructure that allows cheaper storage of information |
Customer Segments ? Insert
1. The Public Sector- niche market for now (expanding to other sectors later on) 2. Global Markets and Long-Term Expansiona) Hospitals/Elderly Homes: |
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Key Metrics ? Insert
1. Accuracy of Detection- detecting up to a certain m/ft 2. The Frequency of Sending Out Requests from the Beacon |
Channels ? Insert
1. Partner Channels- working with a few neighbourhood schools before venturing out and collaborating with other primary/secondary schools (through the local government) |
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Cost Structure ? Insert
1. Bosch- the cost of storing the data in the cloud 2. Clients- charging a fee to access Bosch Cloud |
Revenue Stream ? Insert
1. Bosch- subscription to Bosch Cloud (daily/monthly) 2. Government and Other Public Institutions- receive potential funding from government and schools (public network) for future projects if program succeeds |
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Brainstorming Space ? Insert Brainstorm Mode
1. Alternative Company Product- firm that is also currently doing it? Power-tagshttp://www.power-tags.com/ 2. Privacy, Ethics and Regulations- have to understand that as like any other electronic device, it involves the use of personal data 3. Other Things to Note- getting consent from our consumers and partners 4. Ability to Scale to Different Countries- e.g. in the US/EU markets location, there are privacy issues (Japan/China and their (location privacy laws), EU's GDPR and the USA's GPS Law |
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