Thursday, May 31, 2012

Triggr Innovation - Naruto

Team Name: Naruto

Team Members: Divyesh, Darshan, Fenil and Hitesh

Problem Statement: Inconvenience caused while travelling within the region for unplanned travels.

Solution:

1. An application will be created which will support both web and wireless devices.

2. Information will be collected from Rickshaw union, Motorman of Indian Railway, Sales person, Courier person, Taxi union.

3. By roadways our resources will be Rickshaw, Taxi, Bus, Share rickshaw, Car pooling, By walk, Lift.

4. By railways our resources will be Local trains

5. Achieving this will give rise to comforts like:

a. traffic info

b. cost info

c. distance in kms and mins

d. expected time to reach destination

e. congestion

f. I/II class cost w.r.t. railways.

6. Variables in application will consist selection of :

a. City

b. Source

c. Destination

d. Time

e. Filters – cost range, traffic, time range, comforts, etc

Business:

· Company can make money through ads for free version of ads

· For paid version company will charge 1$ a year for additional functionality and ad free app.

· Company can make money by tying up which various cab vendors such as Meru cabs, Cool cabs, Easy cabs etc. which in turn be profitable by this app suggesting them as a suggestion.


Market:

· In Mumbai,roughly around 70 lakh people travel in local trains daily and an equal number travel in Buses and rickshaw . So the market we are aiming is huge in number.


Impact:

· On successful execution of such a product will result in huge profit for an organisation.

· It will help commuters to travel with ease and they will have all the travel information on the move.

· It will help commuters save both time and money while travelling.

· It will provide commuters with more sucurity in terms of travelling and thus making an unplanned travel planned.



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