Internet of Things (IoT): I have hardware and software solution to create a smartphone controlled product , like smartphone controlled home , lights led bulb ,fan, geyser. How can I bring business to my company from potential manufacturers and companies willing to create a new product line of smartp
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Currently I am working on internet of things space. I have successfully Developed a 30$ home automation product for one Room to be controlled via smartphone I can provide hardware and software solutions to manufacturers and companies to create a new line of Smartphone controlled products . How can I reach my target companies and what r the methods of business development in my case? Need to learn about business development and getting projects for my company working on smartphone controlled products and internet of things space
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Answer:
Please drop a message here to demonstrate your project at this conference for free. I'm sure the exposure will help you out. http://electronicsrocks.com/contact-us/
Dilin Anand at Quora Visit the source
Other answers
Your venture and talent does seem interesting. A lot of incubators have opened up applications, so http://themorpheus.com is one. Try filling their application form. Good Luck.
Sangram Singh
I am currently working on a similar project and can give a timeline over our last 7 months (I'm sure there a hundreds of routes but here is the one we are on) 1. submitted application for an accelerator in the Bay Area. This platform linked us to additional technical support, advisors relating to business development, legal, intellectual property, and marketing strategy 2. As mentioned in this thread, you have to prove people will buy it at a price that is profitable for you to scale up manufacturing. Then protect this technology (hardware/software) from large incumbents who can wipe you with an iota of their RnD budget 3. Prove to VCs you can beat out competition, usually accomplished by having a stellar team (at least one or two people with a track record of success), and show them a working prototype. Make sure to have your IP provisional patents filed before this meeting or they'll kindly do it for you... And kick you out 4. Find a lab to ramp up production (preferably one that can do end-to-end manufacturing, design, testing etc) 5. Get to market ASAP because I guarantee someone out there is working on the same thing. Good luck! Did this on my phone apologize for any mistakes E
Everett Peter
Besides creating a prototype and a presentation of your work you need to do interviews/surveys that show there is demand for your product. Then you approach incubators, VC's etc.
Rumana Khandekar
Hi. I guess we are on the same path and believe me there is a huge opportunity for IoT in the next 5 years, you just have to find the right customers and market. I have a few connections in IoT market. You can contact me the details about you project and we can see the business opportunities . just email me at ASAP . Thanx.
Saddam Ali
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