A business model is: To facilitate the collaboration between the contributors, the methods can be used to act as a guideline for successful innovation during the pre-product phase.
Mobile business is a communication process, which is based on technology, using software along with electronic assets to be used in different locations.
Although this is a relatively new industry, it’s experiencing rapid technological advancements, such as audio and video features, as well as on-screen drawing capabilities, which are transmitted over (secure) networks and enable real time conferences, with possibility of multi-party attendance.
These real time conferences are achieved through the use of cellular, wireless and broadband technology, which are not subject to location to work.
The mobile technological advancements have enabled the video conferences to be taken beyond the limits of offices, boardrooms, lecture rooms etc.
Mobile business includes a large number of elements, which undergo big advancements and changes every year, and provide us with countless options to disburden our lives.
Some of those elements were already mentioned before (audio, video, telestration – on-screen drawing), with addition of collaboration tools, mobility, telepresence systems and transmission technologies.
When using technology in order to be more competitive, the use of mobile adaptation strategy presents a totally new view of the business in today’s world.
For the employees on the field, the use of mobile devices for business purposes means that they can capture and share the data instantly.
People use either iOS or Android devices, and the mobile platform shouldn’t only be limited to one of those operating systems, because broader adaptations are often the ones that lead to success.
In the model, the cash flows can be described qualitative at first (high, medium, low) and more in detail at later stages of the development process.
The Technology Architecture model is used to give an overview of the technical functions, and infrastructure needed to provide the service.
Technology architecture provides a more precise means of evaluating responses to constraints, notably by estimating hardware and network sizing needs or by setting up server or storage redundancy.
This means that the contributing organizations have to fill-in their positions in the value net and decide and negotiate the various design choices for the models.
In the total scope of the development of an innovative IT service, a business plan is very helpful in the decision process within the organisations of the participants.
The contributors have composed their interpretation of the Value Proposition, the Value Network, the Revenue model and the Technological architecture in a first quick scan.
The end result is a thought through, and working innovative application that is slowly starting to generate more sales for the participants.
It plans to develop a wireless application that runs on museum owned pda's that are lent out to visitors at the entrance.
The application uses gps to determine the position of the visitor and streaming video and audio to take on the role as museum guide.
Together they have composed their interpretation of the Value Proposition, the Value Network, the Revenue model and the Technological architecture in a first quick scan.
The end result is a rich media application that is beneficial to the visitors experience and a clear display of wireless capability for future clients of the WISP.