Potential Business Value and Profitability
business
Description
you are assigned to write part of the proposal in 500 words
Is everything clear as far as the innovation? The idea of this application is that it will guide users through out the city , preventing them from falling into risky-unsafe zones. I hope that clear the idea
.remember you are focusing on the profitability and business value of the innovation
complete a proposal about the potential business value and profitability of a smart city guide application.
I am looking for professional writing- 500 words length of paper
Acknowledgment: This project is an adaptation of PTC IoT Series, Microcourse #1 project
offered by Ayora Berry, Alyssa Walker, and Dr. Jordan Cox at
This is a team project. In this project your goal is to propose an innovative application (product
or service) that can be offered by combining of multiple IoT products/services. Your report
should include a description of the application (physical, smart, and connected components), its
capabilities, its value for the consumers, and its potential business value and profitability.
Your report should be written in a way that would persuade potential investors to consider
investing in your proposed idea.
For this project you will be graded on the innovativeness of your proposed idea, supporting
arguments with appropriate references, written expression, and presentation of your idea. You
will present your report in class.
Here are some resources. I strongly recommend that your team to finds other sources as well and
not limit your work to these resources:
- List of IoT products
- How Smart, Connected Products are Transforming Compeition (Harvard Business
Review)
- How Smart Connected Products are Transforming Companies (Harvard Business
Review)
- PTC IoT website
- Check out news sources and journals/magazines such as Wired, Forbes, WSJ, CIO, ...
Length and formatting: This assignment should be between 1500 and 2000 words in length
using a 12-point font and 1.5 line spacing..
