Road2Ideas_Nvis_Technology_Team_Renegade (MICA-II)

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Road2Ideas_Nvis_Technology_Team_Renegade (MICA-II)

  1. 1. Innovation 2 – Nvis Technology Case Study By Team Renegade Arpita Sahoo | Jagriti Chhateja Sneha Chaturvedi | Noor Salam Khan 1
  2. 2. Preface Greetings from Team Renegade!!! We would like to take this opportunity to thank Road2Ideas Team for providing this wonderful opportunity… We appeal you to “Go Green” with Road2Ideas 2012 and request you not to print this Case Study unless really needed. Our presentation theme symbolizes our spirit of “Go Green” Initiative and we request you to read “Go Green Tip” on Thank You Slide  Cheers Team RenegadeTeam Renegade 2
  3. 3. Introduction  Nvis Technologies Pvt. Ltd., is a leading technological solution provider in Education, Industry and Defence sectors. It is a part of the Scientech group.  With a satisfied customer base over 65 countries, it has a strong Global footprint. With 400 dedicated people, 13 offices and 60 dealers the group has a leading position in all the sectors of its operations.  Nvis Technologies Pvt. Ltd., offers wide range of Test & Measurement Products, Technological laboratory and Classroom solutions, Analytical Products, Cryogenic products, and CleanTech products under its portfolio.Team Renegade 3
  4. 4. Primary Research - Robotics  Robots find its application in areas where accuracy and consistency are critical to the job process.  Industrial robots are used in industries where repetitive monotonous tasks need to be done on a daily basis and in sectors that need to deal with harsh working environments.Team Renegade 4
  5. 5. Industry Overview - Robotics  By 2015, the global robotics industry is estimated to be worth $17.6 billion with the Indian robotics industry worth approximately $750 million and is expected to double over the next three to four years.  It is said widely that everybody who is consuming computing technology will want to consume robotics technology in some way in the coming decades.  Indian industries have realized the importance of industrial robots, and are willing to make substantial investments, as the cost of skilled labour is rising, and production processes are getting speeded up without compromising quality standards.  It was noted in 2008 and 2009 that reduced manufacturing activities and declines in industrial production, temporarily derailed the immediate need and requirement for new industrial robotic products and equipment. This clearly indicates the sensitivity of the robotics industry to the health of the automotive, consumer goods, semi-conductor and electronics, and rubber and plastic industries.Team Renegade 5
  6. 6. Industry Overview – Solar Cooker • RNCOS, market research and information analysis company, in its recent report titled, “Indian Solar Energy Market Outlook 2012”, studies the latest trends in the industry by utilizing inputs from the state and central regulatory background of the country. According to the report, the solar cookers in India will witness a Compound Annual Growth Rate (CAGR) of 6% in 2010-2013. The report quotes that the Solar Cookers International has rated India as the foremost country with abundant solar cooking potential.Team Renegade 6
  7. 7. Stage I – Table Analysis Rating the innovation on a scale of 0 to 5 (5 being the highest score) on each of the parameters outlined in the sandbox, the self assessment scores are:Team Renegade 7
  8. 8. Stage II : C.K. Prahlad’s Sandbox HIGH MODERATE HIGH MODERATE HIGH MODERATETeam Renegade 8
  9. 9. SWOT Analysis – LED Lighting Systems Strengths: Weakness: > More expensive(1 led = 3times price of CFL) > Cost Effective > Environment friendly Technology > Use less energy(lower Watt: Eg 1 LED uses 10W & 1 > LED tubelight(20W) compared to CFL(60 W) and tubelights(100W))—less than half > Mostly use solar energy > Higher life(eg: Life of 1 LED 10 yrs where as life of 1 CFL 1 yr) Opportunity: Threats: > The LED torch can replace current torch and is > Unless govt provides subsidy for Solar energy, more effective and also multipurpose(can b used its commercialization is a litle difficult and costly as table light also) > It takes time for people to adapt and start using > LED lights/fans can be used where electricity is new technolgy not there now as it will be supported by small (eg: some people still use incandescent lamps solar panels which can be fitted on their roofs even though CFLs are more efficient and commercial)Team Renegade 9
  10. 10. SWOT Analysis – Solar Cooker Strengths: Weakness: > Environment friendly > Expensive Technology; uses solar energy > Takes 3 hours to make simple > Foldable food such as dal-rice > Easy to carry while traveling > Made of cloth; so light weight & easy to clean Opportunity: Threats: > Great for travelers > Very few people prefer to carry > Foldable and made of cloth; so cooking equipment while will attract people who are travelling currently using bulky wooden solar cookersTeam Renegade 10
  11. 11. SWOT Analysis - Robotics Strengths: Weakness: > Lower price by giving only certain > Sensors can send some particular parts of the robot body(like only objects and not all things around hands for bottling industry for them putting caps on the bottle) > Has sensors; so will be able to sense the product around it Opportunity: Threat: > Can be used in industry where > Robotics technology is more working condition are not good expensive than manual labour; enough for human health labour-rich economies like India might be hesitant in adopting this technologyTeam Renegade 11
  12. 12. The Way Forward for Robotics  There is a need to create awareness among the users and consumers of this technology  Policy support from the government is also needed to provide an impetus to the industry  Being an agricultural nation, India has vast opportunities in automating agricultural related activities  Industry is facing manpower shortage in the robotics and automation industry due to lack of specialized studies in the domain.  Absence of concrete robotics standards are often sensed as hindrance to the growth.  Since the Indian demand for robotics is contingent on the manufacturing sector, it is important to keep overseas customers.Team Renegade 12
  13. 13. The Way Forward for PV LEDs - Cooker  Technology improvements are needed in a lot of areas. For eg. Solar system mounting should be designed to tolerate the shock and vibration that is normally encountered in roadway and area lighting applications, especially on bridges.  The DOE Federal Energy Management Program Greening Guidebook recommends PV lighting be considered for remote sites not yet served by power lines, and for locations that require low levels of light and that are more than 50 feet from a power sources (e.g., signs and bus shelter lights). Similar policies are needed to be implemented globally  LED products can be widely used in landscape lighting, security lighting, special lighting and general lighting and other areas, the market potential for which is tremendous. The right customers need to be targeted.Team Renegade 13
  14. 14. Sources  www.tntdpc.com  www.robotics.org  www. vadakkepat.com  http://www1.eere.energy.gov  http://www.sustainabilityoutlook.inTeam Renegade 14
  15. 15. Thank You Go Green Tip : Consider telecommuting if you live far from your work. Or move closer. Even if this means paying more rent, it could save you money in the long term. Team Renegade 15

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