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wiki:projects:contracts:auto_car:biz_plan [2019/08/14 14:39] – [Competitive Analysis] jeff | wiki:projects:contracts:auto_car:biz_plan [2019/08/28 23:39] (current) – removed jeff | ||
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- | ====== Business Plan - Autonomous Vehicles ====== | ||
- | ===== High Concept ===== | ||
- | To create TrueAI that equals or surpasses human level intelligence. | ||
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- | ===== Idea ===== | ||
- | One must climb a ladder to reach great heights. | ||
- | |||
- | ===== Features ===== | ||
- | |||
- | * continuous learning | ||
- | * less data to learn | ||
- | * faster execution | ||
- | * flexible for real world applications | ||
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- | ===== Target Hardware Platform ===== | ||
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- | A computer that can fit inside a vehicle without taking up much space. | ||
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- | ===== Target Market ===== | ||
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- | autonomous vehicles market along with the transport and shipping industries. Customer' | ||
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- | ==== Autonomous vehicles ==== | ||
- | This is the potential revenue if I were to sell my autonomous vehicles platform to various vehicle manufactures. | ||
- | So minimum revenue would be around $629, | ||
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- | |Manufacturer|total sold in 2017|potential revenue| | ||
- | |Toyota|10, | ||
- | |Volkswagen Group|10, | ||
- | |Hyundai / Kia|7, | ||
- | |General Motors|6, | ||
- | |Ford|6, | ||
- | |Nissan|5, | ||
- | |Honda|5, | ||
- | |Renault|4, | ||
- | |Daimler|2, | ||
- | |BMW|2, | ||
- | |Mazda|1, | ||
- | |Mitsubishi|1, | ||
- | ==== Transportation ==== | ||
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- | The trucking industry has around 15,500,000 trucks with equates to $40, | ||
- | |||
- | Other potential areas within this industry is trains, planes, and boats. | ||
- | ==== Shipping ==== | ||
- | May want to structure a Service Level Agreement instead of just a product purchase. | ||
- | |||
- | |company|vehicles|potential revenue| | ||
- | |Fedex|85, | ||
- | |UPS|123, | ||
- | |USPS|140, | ||
- | |Uber|2, | ||
- | |lyft|1, | ||
- | ===== Target Market Segment Strategy ===== | ||
- | |||
- | This is to identify what the underlying message will be and how it will be conveyed to the target market. | ||
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- | ===== Estimated Schedule and Budget ===== | ||
- | |||
- | ==== Timeline ==== | ||
- | This is a running accumulation of costs. | ||
- | * year 1 - build proof of concept - $100,000 | ||
- | * year 2 - build working prototype in simulation - $500,000 | ||
- | * year 3 - build real world working prototype - $3,000,000 | ||
- | * year 4/5 - hire a business developer and connect with potential vehicle manufacturers - $6,000,000 | ||
- | * year 6 - generating revenue from sales to vehicle manufactuerers, | ||
- | * year 7 - start targeting other markets | ||
- | |||
- | === Annual Operating Costs === | ||
- | |||
- | this is anywhere between $200,000 and $500,000 | ||
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- | == Other costs == | ||
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- | Considering building a workshop and test track to build and test the autonomous vehicles. | ||
- | ===== The Team ===== | ||
- | |||
- | * Jeff McCartney, CTO, Founder | ||
- | * Hire a business developer | ||
- | * Hire a financial manager | ||
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- | ===== Competitive Analysis ===== | ||
- | |||
- | A lot of companies are trying to solve this problem. | ||
- | But they have been at it for years, since 2007, and they are all using some variation on Neural Networks. | ||
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- | ===== Risk Analysis ===== | ||
- | Identify any potential risks in developing the product and describe ways of mitigating them. These are software development risks or timeline risks or even return on investment risks. | ||
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- | ===== Summary ===== | ||
- | Reiterate why this is a great product and why this team of people are the ones to create it. Also state something about how the product will potentially be a great hit through measuring market interest. | ||
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- | ===== Visualizations ===== | ||
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- | Anything that can represent the final product. |