Concept and VisionChoose 1 POV statement from Project 1 and explain the problem that your business idea aims to resolve/improve.Describe what product/service/process is currently being usedOutline the...

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Answered 1 days AfterApr 12, 2023

Answer To: Concept and VisionChoose 1 POV statement from Project 1 and explain the problem that your business...

Himanshu answered on Apr 14 2023
39 Votes
Running Head: PRODUCT/ BUSINESS IDEA    1
PRODUCT/ BUSINESS IDEA        2
Product/ Business Idea
Student’s Name
Institution’s Affiliation
Date
1. Idea.
Every investor wishes they had the ability to connect every element on their portfolio to one monitoring site. This is usually a b
it of a challenge and that's why my idea of IntelliNet, seeks to unite all your elements and allow you to monitor their trends and execute your financial decisions on the same platform.
i) Methodology.
Goal-directed interaction methodology. This methodology seeks to understand the personas, the users and the domain and then seeks to make the users’ needs the centre of the design.
ii) Industry.
This idea shall function across disciplines. We’re are seeking to apply computing technology into the world of finance.
iii) Competition.
Olymp Trade and ExpertOption are currently the biggest companies in this sector. Since their solution is also techno based, we currently see them as our biggest competitors. However, we expect to gain a upper hand in all this.
iv) Plus.
Man has an endless affinity for wealth and achievement. This product feeds the investors with the assurance that they got full control over their portfolios and thus gives them confidence.
v) Delta.
On the downside however, IntelliNet is bound to face challenge when it comes to convincing the investors that this would be of help. These are people who are inherently risk averse. They need a lot for assurance and before we get that, it could be a struggle.
vi) Reasons for Decisions.
One of the things investors dream of is being to know when their elements, for instance stocks, appreciate or depreciate. But if their portfolio contains not only stocks but some cryptos, derivatives, or bonds that are not listed on the same market, it becomes hard to track everything at the same tome and often they have to keep switching tabs which could have them miss out an important window (Das & Gupta, 2019). Our decision to develop IntelliNet is based on the need to bring everything on one screen.
vii) Logic.
This idea's logic is to help our clients maximize returns on their trading portfolios by making it possible for them to monitor their financial elements with ease. We seek to appeal to the investors’ affinity for money and the inherent need to get more satisfaction. Putting power in the hands of our clients, making them feel that they're holding the steering wheel to the market.
2) Idea.
Imagine if your dentist was in your bathroom. From the sound of it, this might sound ridiculous but what I really mean is, imagine if your toothbrush could do simple, regular and definitely daily dental check-up for you instead of consulting with a dentist all the time. This is the idea of Smart Dent. A toothbrush that uses AI to...
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