Electronic or Robotic Companions: Business Model Research Paper

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List of Innovative Ideas

Personal jetpacks

Compact backpacks that will help people to move in any direction without any limits introduced by traffic problems, tangles or some other accidents. It can also help people to travel or go to work and get rid of lateness

Cooks-robots to help in the kitchen

Robots which will help busy people or people who are not able to cook to prepare various dishes. They should work in the kitchen and create healthy and tasty food.

Glasses with the weather forecast

The glasses which will warn the owner about the slightest changes of the weather, projecting the information on an ocular. Some extra information except the weather forecast could also be used and shown to an owner.

Cars driven by software

Cars which will help people to move without accidents. Moreover, they will be useful for those who do not have a driving license. The number of accidents could also be reduced due to the implementation of these cars.

Electronic or robotic companions

Human-like, or pet-like robots which will accompany a person, helping him/her to perform various kinds of activity, or just entertaining him/her with the communication or presenting some useful information about certain issues.

International railway system

The given system will ignore various borders and will allow people to move from one country to another without any obstacles. The ocean could also be crossed due to the creation of long tunnels.

Transfers to the Moon

All people, who eager to see the Moon with their own eyes, will be able to buy a ticket on the regular flight to the Moon and visit it. It should be organized regularly.

Artificial organs

The technology which will help scientists to create various organs needed for people. It could help to improve the quality of life and reduce the number of death because of the lack of donors.

Universal translator

The device the usage of which will help to destroy the language bar. The speech of any speaker will be translated and presented to the owner of the device in his/her native language.

Universal pills

There are no need to take various medicines as the universal pill will be able to help a person to get rid of any symptoms of any disease and recover in the shortest terms.

The unified laws

The given project implies the creation of the code accepted by all countries in the world. It might help to make the justice system more efficient and reduce the level of crime in the world.

The united global market

The market will function in all regions of the world. Moreover, there should not be any differences in the laws or approaches according to which this very system functions.

Laser knives

The knives that will use the latest technologies in their functioning. They will not become blunted and there will be no substance which could resist the laser knife because of the peculiarities of its functioning.

Clever furniture

The furniture which will remember the preferences of the owners and adapt to them. Moreover, if the owner calls it, it could move across the house to find him/her and suggest the place to sit or lie.

Windows with the inbuilt software

Windows which are made of glass that allows projecting various pictures or information on it. These windows could also be used as a monitor and a person might watch TV or photos using them.

Doors with biometric scanners

There will be no need for locks anymore. This very sort of doors will be programmed to open only if a person with a certain biometric indicator approaches.

Substances analyzer

The device which analyzes and presents the information about any substance and its structure. The owner just has to guarantee contact between the substance and analyzer.

The unified digital ticket for journeys

The ticket which will allow it owner to use various means of transport in various states. The given ticket could be a software added to a smartphone or some other device available to a person.

Smartphones which control all devices in the house

A compact device the usage of which will help to control the functioning of all digital devices which could be could be found in the area and belong to the same owner.

Vehicles for disabled people

Vehicles created following the needs of people with some problems with limbs or spine. This sort of vehicles will provide the most comfortable conditions for the disabled people for them not to feel helpless.

Moon house

The city built on the Moon. It will help scientists to investigate the given planet. Moreover, common people could also live there. The could be transferred with the help of moon transfers system

New artificial energy sources

The project which will help to get rid of the dependence on oil and some other sources. Creation of the new and efficient energy source will help to improve the quality of life of a great number of people

Restoration of ancient cities

There are many monuments and ancient cities destroyed by various conflicts and time. That is why the project of their restoration will help people to see these cities again and feel the atmosphere of the epoch

Interactive history courses

Courses that will help students to feel themselves the part of the history as they will be involved in various activities or historical events. The newest digital devices should be used to create virtual reality.

Digital personal trainers in various sciences

The compact device that will help students or common people to obtain new information in various sciences. It will serve as the personal tutor and promote an increase in the level of knowledge.

Vaccination from all diseases

The unified vaccine will help to get rid of a great number of diseases which treat the modern world and kill thousands of people every year all over the world.

The world anti-terrorist system

The system which will be able to trace the most dangerous terrorist groups and organizations to decrease the number of victims and prevent terrorist attacks.

Underwater cities

The giant underwater cities which will allow people to enjoy another world and get new information about the main peculiarities of the existence of this very world.

United social network

The network that will unite such projects as Facebook, Twitter, etc to introduce more possibilities for the communication for the users of this network. It will also increase the efficiency of the information exchange.

Digital government

The government consisting of special programs which calculate the aftermath of certain steps or laws and create the most efficient solutions to existing problems. It could also help to solve the problem of corruption.

Electronic or robotic companions

It is a new and innovative idea which has not been suggested before the creation of the companions of this sort could help people not to feel lonely as they will always have the opportunity to communicate to someone or even to ask for some help.

Robotic companions could be used to take care of elderly people who are not able to perform some kinds of activity because of their age or the state of health. Moreover, it could help to reduce the number of home accidents.

Mothers could also be interested in the services provided by robotic companions. They could be used to accompany children to school or some other place to guarantee their security and to assure that children will not get lost. Moreover, these companions could play with children learning games, promoting the development of various skills needed for the successful socialization.

Electronic companions could also accompany people in their voyages, performing a great number of various functions. They could be a secretary, an accountant, carrier etc.

Robotic companions could also control the state of the health of the owner and call an emergency in case of some serious accident.

Business Model Canvas

Value propositions

The device could provide interesting and informative communication, protect the owner accompany him/her in various states as there is no need for special care.

Customer segments

The segment is rather big. Elderly people, mothers and people who want to have a companion which will be able to perform various activities.

Customer relationship

Various social media and the website devoted to the given product. Personal assistance service and lifetime guaranty.

Channels It is possible to use retail stores in various cities of the state. Moreover, a website could also be used to place an order and buy the companion.

Revenue streams

Sales are the main source of incomes and it will guarantee the further development of the product

Key activities

Programming, web blog and various reviews on the product which could help to improve its image and contribute to the development.

Key resources

Programmers, software, hardware, web platform.

Key partners

The government should contribute to the development of the project. Various companies that manufacture digital devices.

Cost structure

Software and hardware cost. Maintenance. The cost of the warranty repair. Manufacturing of final product. Advertising company.

Value Proposition Design

Value Proposition Design

Value Proposition Design

Value Proposition Design

Value Proposition Design

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IvyPanda. (2020, July 13). Electronic or Robotic Companions: Business Model. https://ivypanda.com/essays/electronic-or-robotic-companions-business-model/

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"Electronic or Robotic Companions: Business Model." IvyPanda, 13 July 2020, ivypanda.com/essays/electronic-or-robotic-companions-business-model/.

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IvyPanda. (2020) 'Electronic or Robotic Companions: Business Model'. 13 July.

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IvyPanda. 2020. "Electronic or Robotic Companions: Business Model." July 13, 2020. https://ivypanda.com/essays/electronic-or-robotic-companions-business-model/.

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IvyPanda. "Electronic or Robotic Companions: Business Model." July 13, 2020. https://ivypanda.com/essays/electronic-or-robotic-companions-business-model/.

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