Reference no: EM133515975

Here are some Potential Solutions for the company to mitigate the problems:

1. Object Recognition Inc. needs to improve its branding and advertising to reach more clients. This can be done by creating a marketing campaign that targets potential clients. This could include social media ads, email marketing, and influencer partnerships. The company could also attend industry conferences and events to network with potential clients. It will help the company to become well-known and attract more customers and also potentially increase its revenue.

2. As Object Recognition Inc. is facing a challenge with execution due to a lack of resources, there is a need to look for investors who can provide the necessary funding to help the company expand and grow. This will enable the company to invest in more equipment and hire additional personnel, which could help the company to execute more effectively.

3. The most serious concern is security issues with camera sensors being hacked. To mitigate this problem, there should be an investment in more secure camera sensors that have built-in security features. Because it would make it more difficult for hackers to gain access to the sensors. Also, the company can invest in security software that can detect hacking attempts.