A POCKET MOLECULAR
SENSOR IN YOUR PALMS
MT4002 Technology Management Strategy
National University of Singapore
Ji Xian (A0099689W)
Pang Baifeng (A010008H)
Wang Jingrui (A0105717J)
Sun Xuecong (A0102042H)
Yang Furui (A0100188N)
Introduction
 How it works
 Why we need SCIO
Customer Selection
 Potential markets
 Target markets
 Market potentials
Value Proposition
 For health conscious people
 For education
Scope of Activities
Value Capture
Strategic Control
Outline
Introduction to SCIO
Light, compact and portable
molecular sensor, able to scan
any physical object
Work on a database contributed
by users of SCIO. Scanned
objects are identified through
database
Able to scan through glasses
and packages
Real time processed information
of scanned objects is displayed
on users’ smart phones
Uses NIR technology
and optical sensor
technology, replace
bulky lab spectrometer
Give the surface of an object
a simple 5 seconds scan
Scanned information
enter into data base
and make comparison
Display composition of
object on smart phones
Open SCIO app on
smartphone
How SCIO Works
SCIO’s User Interface
Why We Need SCIO
Food
Intake
Sugar content
for personal
taste preference
and other
concerns
Calories/
nutritional
value for
healthy eating
Take precaution for food allergy
Detect food
spoilage
Why We Need SCIO
Other
Know the basic molecular make up
of materials for learning purpose
Check material of consumer
products. Eg: cosmetics
Empower user in
selecting better
health supplements
Moisture level
in plants
Customer Selection &
Value Proposition
Young people
who are
conscious about
healthy diet
People with
special
concerns
1. Consumer product that help users
to keep track of information of
intake
2. Educational tool for
schools
3. Other directions of usage
Non-tertiary
institutions
Tertiary
institutions Farmers
Scientific
researchers
Customer Selection – Potential Market
Tertiary
institutions
Scientific
researchers
Scientific
researchers
Farmers
• Strong existing products, e.g. Radiometric cameras, NMR spectroscopy
• Immature database for advanced scientific usage
• Insufficient marketing resources for wide and in-depth market penetration
Customer Selection – Not Targeted
Young people
who are
interested in
general well-
being
People with
special concerns
Health conscious customers Non-Tertiary Educational institutions
Science
modules and
laboratories
Innovative spirit
& attempt to
improve on
teaching
Customer Selection – Targeted Segments
Healthier lifestyle
• 80% Committed to eating and maintaining
a healthy lifestyle.
• 63% Willing to pay more for healthier
products
• 71% Less than convinced of the health
information they received
Technology in teaching
Trending up
• 1:1 tablets/devices
• Mobile-first edtech design
• Experiential learning
• Teacher as guide-on-the-side
Customer Selection – Market Potentials
Calorific and nutritional information
Composition of medicine
Safety – allergens, food quality, cosmetics
Embracing fitness and capable of making informed
choices
Needs:
Health Conscious Customers
Nutrition fact calculators
Based on average value from
database, not specific nor timely
Companies
Calorie calculation service for their
products
Allergens detectors
Separate kits for different allergens
& unable to penetrate packaged
foods
Providing accurate, instant and
access to relevant nutrition
information or molecular
composition at an affordable
price
Compatible with smart phones
Multifunctional & all-in-one,
able to scan through packages
Existing Products SCiO
Health Conscious Customers
Value Proposition
SCiO is a portable device that is capable of discovering the timely nutritional fact and
composition of different kinds of foods, capsules and cosmetics accurately before
ingested or applied to body by a simple scan.
 Instant and affordable analysis of materials
 Non-touch and Non-intrusive
 The possibilities of SCiO applications are endless
Health Conscious Customers
Providing more innovative way of teaching
Making the classes more engaging to students with
hand-on practice
Improving effectiveness of teaching through using
technology
Needs:
Non-tertiary Educational Institutions
Higher accuracy, broader application,
less restricted usage.
Better suitable for research
purpose
Costly, sophisticated operatation,
impossible for one-on-one
implementation.
Less suitable for elementary
education purpose
• Comprehensive functionality
• Acceptable accuracy
• Reasonable price
• Easy Manipulation
• Concrete and vivid presentation
• Full access to established data
base
• Auxiliary teaching software
Innovative & Interesting teaching
tool
Nuclear Magnetic
Resonance Spectrometer
SCiO Educational Kit
Non-tertiary Educational Institutions
Value Proposition
SCiO is a supportive teaching tool that makes non-tertiary scienctific
laboratory learning more intriguing and fruitful by providing students
with more observable and understandable way of analyzing the
physical world.
 Portable and simple
 High recognition and accuracy based on an established data base
 Various supporting softwares attached
Non-tertiary Educational Institutions
Scope of Activities
Manufacturer
Value Network
SCiO
Retailer
School
Users
Apps
Developer
Apps
Feedback
Feedback
Vertical Dis-intergration
Technology
Development
Product Design
Marketing & Sales
Core
Value
Creation
Manufacturing
After Sales
Service
Out
Source
Complementary
Apps Development
Open
Source
Scope of Activities
SCiO Manufacturer Retailer Application
Developer
Technology Development ✔
Design Improvement ✔
Data Analysis ✔
Data Storage ✔
Algorithm ✔
Software ✔ ✔
Licensing ✔
Manufacturing ✔
Marketing & Sales ✔ ✔
After-sales Service ✔ ✔
Value Capture
Value Capture - Standard Package
Retail sales in Watsons
and Guardian. Reaching
our target customers
efficiently.
Other than direct online
sales, we also
collaborate with 3rd
party online platform to
reach out to customers
Win more contract and
expand to other markets
Gather feedback and
achieve market recognition
Value Capture - Education Kit
Working with several
local schools
Value Capture - Initial Stage
• Low value
captured
through sales
revenue, due to
low level of
market
recognition.
• Free access to
software as
attracting new
users is the
primary goal.
• Free license to
external
developer to
attract
developers and
win recognition.
Device Software Database
Value Capture - Developing Stage
• Value capture
achieved
through sales
revenue due to
increase in
sales and
market
recognition.
• Value captured
through annual
membership
fee charged
for advanced
features to
meet diverse
needs.
• Value captured
through license
fee charged to
external
developers and
institutions.
Device Software Database
Value Capture
Device Software Database
Start Developing Maturity
• Revenue achieved
mainly from the selling
devices
• Increasing user base
and establish database
is the key for growth
• Revenue achieved from
different channels(
software & database)
• Upgrade services
• Revenue achieved from
more diverse channels.
• Exploring new areas of
services
Age of Company
Value
Captured
Strategic Control
Patent
For Sensor
Strategy 1: Patent and License
License
For Software &
Database
Set High Barrier of Entries
Control of Key Resources
Standard Setting
When others want to use
the off-the-shelf sensor to
build similar devices
When users use our software on
a regular basis
When developers want to
develop apps based on our
database
SCiO Your Daily Health Tracker
Strategy 2: Additional Features
-Comprehensive health tracking function:
Network Effect
Standard Setting
-Personal data storage:
High Switching Cost
SCiO the Teaching Assistant
Strategy 2: Additional Features
-Holistic Teaching Assistance
Network Effect
-First Mover Advantages
Ensure Large Installed Base
-Teaching and Learning Habit
High Switching Cost
References
1. Allergens. (n.d.). Retrieved from Biotechcon Diagnostics:
http://www.bc-diagnostics.com/products/kits/real-time-pcr/allergens/foodproof-peanut-detection-kit/
2. Facts and stats. (n.d.). Retrieved from Food allergy research and education:
https://www.foodallergy.org/facts-and-stats
3. Heick, T. (2015). 30 Trends in Education Technology 2015. Retrieved from Teachthought:
http://www.teachthought.com/uncategorized/30-trends-education-technology-2015/
4. Physics, C. (2015, 3 3). SCIO-Explore more! Retrieved from Youtube:
https://www.youtube.com/watch?v=ejl6gGgR9_g&feature=youtu.be
5. SCIO-Explore More. (2015). Retrieved from SCIO by Consumer Physics: https://www.consumerphysics.com/myscio/
6. W. P. Aue1, E. B. (n.d.). Two‐dimensional spectroscopy. Application to nuclear magnetic resonance.
Retrieved from AIP Scitation: http://scitation.aip.org/content/aip/journal/jcp/64/5/10.1063/1.432450
7. Younger Consumers Are Trending Toward More Health-Conscious Eating. (2015, 10 4). Retrieved from The
Huffington Post: http://www.huffingtonpost.com/elwood-d-watson/younger-consumers-are-tre_b_6632166.html
8. Food Allergy Overview. (2015). Retrieved from Webstaurantstore: http://www.webstaurantstore.com/article/22/food-allergy-
overview.html
Molecular Sensor from SCIO

Molecular Sensor from SCIO

  • 1.
    A POCKET MOLECULAR SENSORIN YOUR PALMS MT4002 Technology Management Strategy National University of Singapore Ji Xian (A0099689W) Pang Baifeng (A010008H) Wang Jingrui (A0105717J) Sun Xuecong (A0102042H) Yang Furui (A0100188N)
  • 2.
    Introduction  How itworks  Why we need SCIO Customer Selection  Potential markets  Target markets  Market potentials Value Proposition  For health conscious people  For education Scope of Activities Value Capture Strategic Control Outline
  • 3.
    Introduction to SCIO Light,compact and portable molecular sensor, able to scan any physical object Work on a database contributed by users of SCIO. Scanned objects are identified through database Able to scan through glasses and packages Real time processed information of scanned objects is displayed on users’ smart phones Uses NIR technology and optical sensor technology, replace bulky lab spectrometer
  • 4.
    Give the surfaceof an object a simple 5 seconds scan Scanned information enter into data base and make comparison Display composition of object on smart phones Open SCIO app on smartphone How SCIO Works
  • 5.
  • 6.
    Why We NeedSCIO Food Intake Sugar content for personal taste preference and other concerns Calories/ nutritional value for healthy eating Take precaution for food allergy Detect food spoilage
  • 7.
    Why We NeedSCIO Other Know the basic molecular make up of materials for learning purpose Check material of consumer products. Eg: cosmetics Empower user in selecting better health supplements Moisture level in plants
  • 8.
  • 9.
    Young people who are consciousabout healthy diet People with special concerns 1. Consumer product that help users to keep track of information of intake 2. Educational tool for schools 3. Other directions of usage Non-tertiary institutions Tertiary institutions Farmers Scientific researchers Customer Selection – Potential Market
  • 10.
    Tertiary institutions Scientific researchers Scientific researchers Farmers • Strong existingproducts, e.g. Radiometric cameras, NMR spectroscopy • Immature database for advanced scientific usage • Insufficient marketing resources for wide and in-depth market penetration Customer Selection – Not Targeted
  • 11.
    Young people who are interestedin general well- being People with special concerns Health conscious customers Non-Tertiary Educational institutions Science modules and laboratories Innovative spirit & attempt to improve on teaching Customer Selection – Targeted Segments
  • 12.
    Healthier lifestyle • 80%Committed to eating and maintaining a healthy lifestyle. • 63% Willing to pay more for healthier products • 71% Less than convinced of the health information they received Technology in teaching Trending up • 1:1 tablets/devices • Mobile-first edtech design • Experiential learning • Teacher as guide-on-the-side Customer Selection – Market Potentials
  • 13.
    Calorific and nutritionalinformation Composition of medicine Safety – allergens, food quality, cosmetics Embracing fitness and capable of making informed choices Needs: Health Conscious Customers
  • 14.
    Nutrition fact calculators Basedon average value from database, not specific nor timely Companies Calorie calculation service for their products Allergens detectors Separate kits for different allergens & unable to penetrate packaged foods Providing accurate, instant and access to relevant nutrition information or molecular composition at an affordable price Compatible with smart phones Multifunctional & all-in-one, able to scan through packages Existing Products SCiO Health Conscious Customers
  • 15.
    Value Proposition SCiO isa portable device that is capable of discovering the timely nutritional fact and composition of different kinds of foods, capsules and cosmetics accurately before ingested or applied to body by a simple scan.  Instant and affordable analysis of materials  Non-touch and Non-intrusive  The possibilities of SCiO applications are endless Health Conscious Customers
  • 16.
    Providing more innovativeway of teaching Making the classes more engaging to students with hand-on practice Improving effectiveness of teaching through using technology Needs: Non-tertiary Educational Institutions
  • 17.
    Higher accuracy, broaderapplication, less restricted usage. Better suitable for research purpose Costly, sophisticated operatation, impossible for one-on-one implementation. Less suitable for elementary education purpose • Comprehensive functionality • Acceptable accuracy • Reasonable price • Easy Manipulation • Concrete and vivid presentation • Full access to established data base • Auxiliary teaching software Innovative & Interesting teaching tool Nuclear Magnetic Resonance Spectrometer SCiO Educational Kit Non-tertiary Educational Institutions
  • 18.
    Value Proposition SCiO isa supportive teaching tool that makes non-tertiary scienctific laboratory learning more intriguing and fruitful by providing students with more observable and understandable way of analyzing the physical world.  Portable and simple  High recognition and accuracy based on an established data base  Various supporting softwares attached Non-tertiary Educational Institutions
  • 19.
  • 20.
  • 21.
    Vertical Dis-intergration Technology Development Product Design Marketing& Sales Core Value Creation Manufacturing After Sales Service Out Source Complementary Apps Development Open Source
  • 22.
    Scope of Activities SCiOManufacturer Retailer Application Developer Technology Development ✔ Design Improvement ✔ Data Analysis ✔ Data Storage ✔ Algorithm ✔ Software ✔ ✔ Licensing ✔ Manufacturing ✔ Marketing & Sales ✔ ✔ After-sales Service ✔ ✔
  • 23.
  • 24.
    Value Capture -Standard Package Retail sales in Watsons and Guardian. Reaching our target customers efficiently. Other than direct online sales, we also collaborate with 3rd party online platform to reach out to customers
  • 25.
    Win more contractand expand to other markets Gather feedback and achieve market recognition Value Capture - Education Kit Working with several local schools
  • 26.
    Value Capture -Initial Stage • Low value captured through sales revenue, due to low level of market recognition. • Free access to software as attracting new users is the primary goal. • Free license to external developer to attract developers and win recognition. Device Software Database
  • 27.
    Value Capture -Developing Stage • Value capture achieved through sales revenue due to increase in sales and market recognition. • Value captured through annual membership fee charged for advanced features to meet diverse needs. • Value captured through license fee charged to external developers and institutions. Device Software Database
  • 28.
    Value Capture Device SoftwareDatabase Start Developing Maturity • Revenue achieved mainly from the selling devices • Increasing user base and establish database is the key for growth • Revenue achieved from different channels( software & database) • Upgrade services • Revenue achieved from more diverse channels. • Exploring new areas of services Age of Company Value Captured
  • 29.
  • 30.
    Patent For Sensor Strategy 1:Patent and License License For Software & Database Set High Barrier of Entries Control of Key Resources Standard Setting When others want to use the off-the-shelf sensor to build similar devices When users use our software on a regular basis When developers want to develop apps based on our database
  • 31.
    SCiO Your DailyHealth Tracker Strategy 2: Additional Features -Comprehensive health tracking function: Network Effect Standard Setting -Personal data storage: High Switching Cost
  • 32.
    SCiO the TeachingAssistant Strategy 2: Additional Features -Holistic Teaching Assistance Network Effect -First Mover Advantages Ensure Large Installed Base -Teaching and Learning Habit High Switching Cost
  • 33.
    References 1. Allergens. (n.d.).Retrieved from Biotechcon Diagnostics: http://www.bc-diagnostics.com/products/kits/real-time-pcr/allergens/foodproof-peanut-detection-kit/ 2. Facts and stats. (n.d.). Retrieved from Food allergy research and education: https://www.foodallergy.org/facts-and-stats 3. Heick, T. (2015). 30 Trends in Education Technology 2015. Retrieved from Teachthought: http://www.teachthought.com/uncategorized/30-trends-education-technology-2015/ 4. Physics, C. (2015, 3 3). SCIO-Explore more! Retrieved from Youtube: https://www.youtube.com/watch?v=ejl6gGgR9_g&feature=youtu.be 5. SCIO-Explore More. (2015). Retrieved from SCIO by Consumer Physics: https://www.consumerphysics.com/myscio/ 6. W. P. Aue1, E. B. (n.d.). Two‐dimensional spectroscopy. Application to nuclear magnetic resonance. Retrieved from AIP Scitation: http://scitation.aip.org/content/aip/journal/jcp/64/5/10.1063/1.432450 7. Younger Consumers Are Trending Toward More Health-Conscious Eating. (2015, 10 4). Retrieved from The Huffington Post: http://www.huffingtonpost.com/elwood-d-watson/younger-consumers-are-tre_b_6632166.html 8. Food Allergy Overview. (2015). Retrieved from Webstaurantstore: http://www.webstaurantstore.com/article/22/food-allergy- overview.html