How do you solve current issues using the new technology

Assignment Help Business Management

Reference no: EM133715583

Assignment: Business Proposal

Develop a business case for an information technology innovation Davinci Surgical System. In this assignment, the main objective is to explain the applications and features of a NEW technology to a business investor or a company and defend it using some criteria.

Next, develop a business case that explains why your chosen technology (Davinci Surgical System)is a worthwhile investment. This could include a cost-benefit analysis, a SWOT analysis, and an explanation of how the technology aligns with the company's strategic goals or why it is a profitable investment for a potential investor. You may also want to discuss any potential risks and challenges associated with adopting the technology. To make your case even stronger, consider using some criteria to support your claims. This might include factors such as the technology's potential market size, its competitive advantage over existing solutions, its potential to disrupt the industry, its scalability and ease of implementation, and its potential return on investment.

The required criteria and items for the new technology presentation:

1. Pick an audience for your presentation (it can be an investor or a company)

2. Briefly describe the industry context and any specific problem needing a technology solution.

3. Your technology solution: explain the innovative features: why is it an innovation? What is new about it?

4. Competitive analysis: why is it better than other alternatives?

5. How do you solve current issues using the new technology (any new business model or workflow?)

6. Why is it a reasonable investment? For instance, is managerial revenue more than costs?

7. Do a Feasibility study (Cost and benefit analysis)

8. Break-even point (estimated)

9. Defensible in a management meeting (Provide some statistics, financial and nonfinancial evidence, and proof in order to defend the technology in front of the management team. For instance, providing quantitative data to show how the technology can reduce errors and improve productivity?)

10. Consider the challenges and drivers.

11. Adoption and implementation issues.

Reference no: EM133715583

Questions Cloud

Define and describe the process of rightsizing : Define and describe process of rightsizing. Define and describe green computing. Evaluate impact green computing issues are having on customer buying decisions.

What was the specific impact on the cost of both approaches : What was the specific impact on the cost of both approaches? Include specific figures to back your position and explain why you believe this cost outcome

Summary of down syndrome : Give a brief summary of Down Syndrome and typical speech characteristics in this population.

Beginning with the hippocratic oath : Beginning with the Hippocratic Oath, Western health care providers have had strong guidance in regard to the maintenance of patient confidentiality.

How do you solve current issues using the new technology : How do you solve current issues using the new technology? Why is it a reasonable investment? For instance, is managerial revenue more than costs?

Critical analysis of how to deliver culturally safe : Critical analysis of how to deliver culturally safe and appropriate health care to Aboriginal and Torres Strait Islander Peoples.

Evaluate how two theories might interact with one another : Assess why you think these theories will be most practical or helpful. Evaluate how the two theories might interact with one another.

Write a paper recommending a leadership theory : Write a paper recommending a leadership theory. What are the factors in your organization that make your selected leadership theory the best choice?

Benefits of oxygen therapy : Write the benefits of Oxygen therapy, having a Tracheostomy and Tracheostomy care.

User Account

All Pages