This document contains a collection of idea logs with descriptions, innovations involved, likelihood of success, and timeframes to complete. The ideas range from innovative business concepts to automation, virtual reality, and advanced navigation systems for cars.
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JOURNALS FOR IDEAS
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Table of Contents IDEAS LOG.....................................................................................................................................1 Idea Log 1...............................................................................................................................1 Idea Log 2...............................................................................................................................1 Idea Log 3...............................................................................................................................2 Idea Log 4...............................................................................................................................3 Idea Log 5...............................................................................................................................4
IDEAS LOG Idea Log 1 IDEADESCRIPTIONINNOVATION INVOLVED LIKELIHOOD OF SUCCESS TIME- FRAME TO COMPLETE Foldable and Holographic Phones Thisbusinessidea wouldberevolving aroundarangeof new cell phones that will both be foldable, aswellaswould project a 360-degree holographic display The innovation that isinvolvedwithin this business idea is hologram technology,which would allow a 3D display to users, as well as Plastic used in its infrastructure to make it foldable High. The reason forthisis because with the newindustrial demand,people seek phones with betterdisplay, lightweightand flexible structure. 1 Year Idea Log 2 IDEADESCRIPTIONINNOVATION INVOLVED LIKELIHOOD OF SUCCESS TIME- FRAME TO COMPLETE Bamboo Bottles Anewrangeof bottlesasperthe current environmental concerns over plastic wouldbemade completelyfrom bambooforbetter durabilityand additionalhealth Automationwould beusedin manufacturing these bottles. As for theinnovation, Sanipolymers wouldbe technologywhich wouldaddzinc repeatedlytothe Withrising environmental concernsand manydeveloped anddeveloping countries banningplastic fromregular usageinhome appliances,itis 6 Months 1
related benefits. The reasonforthisis becausethebottles wouldhaveadded zincinsideits containerstopurify thecontent continuouslyeven after repeated usage. contentwithinthe bottle, which would bepurifyingit constantly,adding to the health of the users and durability of the content in the containers. necessary that a health alternative isexploredand adaptedforthe individuals. Hence, this idea would be a major successasit allows customers tocontribute towards environment safety,along with high health benefitswith added zinc inside thecontainers throughthis technology. Idea Log 3 IDEADESCRIPTIONINNOVATION INVOLVED LIKELIHOOD OF SUCCESS TIME- FRAME TO COMPLETE Drone Delivery With the era of new and economical ways for food and grocery delivery,thisidea wouldallow businesses to deliver their products at the The innovation that would be associated withthisideais relatedto Automationthat wouldbeusedto maketherobots The likelihood of successisvery highforthis idea. To back up the fact related to this, it could be statedthatit 1 Year 2
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customer’sdoorstep throughairand roboticdrones.The service would be up totheradiusof5 Kilometreswith applicationofhigh end technologiesfor safety,timely delivery and security of goods. functioningonthe roadandinair. Alongwiththis, Artificial Intelligencewould besuedtoensure traceability and real time communicationin times of crisis. wouldremove human interventionthat woulderadicate thescopeof error. Moreover, withbetter traceability, spontaneous actioncouldbe taken in context oflossor damagetothe products. Idea Log 4 Idea:Accessories customisation through Virtual Reality Description:This business idea is related to giving customers a full control over the kind of accessories they wish to wear, through providing them with VR gadgets, which would allow spontaneous communication while the products are being manufactured. Innovation Involved:Virtual Reality is a next generation technology which allows an individual to gain a first person view within virtual aspects, as well as real. This idea would use real time communication between the customers as well as the employees of the firm. Likelihood of Success:Customisation has been gaining a major momentum currently, which is related to making the products as per the individual demands of customers. Hence, by giving them access to each step of manufacturing of their product, it would engage them more with the company and would definitely enhance the sales and profitability. Time Frame to Complete:2 Months Idea Log 5 Idea:Advanced Navigation System for Cars 3
ï‚·Description:The notion behind this business idea is to provide a system for vehicles which would be ensuring their safety and security at every possible terrain and geographical location on earth. This would be working at an end-to-end basis with the location of vehicles and their possible routes. Any deviation or lost of signal would be sending their live locations to nearest security offices to tend to the matter immediately. ï‚·Innovation Involved:Automation and GPS would be two of the prominent technologies which would ensure automated communication through machine learning. ï‚·Likelihood of Success:The likelihood of this idea to be success is above average, giving to the fact that there are companies which engage in similar services. However, with more satellites and control systems, the location tracking would be easier on any location on the planet, which contributes to the likelihood of its success. ï‚·Time Frame to Complete:2 Years 4