Business Model Canvas Report
Business Model Canvas Report
Submitted by
BACHELOR OF ENGINEERING
In
ELECTRICAL ENGINEERING
Affiliated by
SEMESTER VIII
ACADEMIC YEAR: 2018-19
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ABSTRACT
The project is about hazardous gas detection where dangerous gas will be detecting for
prevention of human death due to gas leakage accidents. Here we use arduino for controlling
whole system. Hazardous gases impact on health of human life; else they will be use in
industries in large quantities these gases monitored at real time by gas sensor through
arduino. If gas leakage level exceeds then normal level it will be sense through gas sensor
and its quantity indicate in LCD display which connected to the arduino. Arduino give output
signal to siren, and siren start ringing and give warning about gas leakage accident. Hence
chance to be less of endangering of human life.
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AKNOWLEDGEMENT
On completion of our project, it gives us grater pleasure and satisfaction. Hence, we would
like to take this opportunity to express our gratitude toward those who made this possible.
Words can not express zeal of ecstasy while depicting our deep sense of, gratitude our
esteemed, knowledge guide Prof. Jigar Bhotani who inspires us to undertake this project.
His dynamic guidance and continuous interest kept us going inspire of all difficulties. His
technical guidance, acknowledge and dynamic approach are the corner stone.
This dissertation could not be possible without his most valuable suggestion and guidance.
We are also thankful to all staff members of electrical engineering department for their kind
support at various stages of work. It is beyond the reach of our language to express our
sincere gratitude to our parents, for their infinite inspiration and sacrifices for the benefit of
our academic carrier.
-Team
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SELF- DECLARATION
1. We have defined our project based on inputs as under graduate students and each of us
will make significant efforts to make attempt to solve the challenges. We will attempt the
project work at our college or at any location under the direct and consistent monitoring of
Prof. Jigar Bhotani we will adopt all ethical practices to share credit amongst all the
contributors based on their contributions during the project work.
2. We have not purchased the solution developed by any 3rd party directly and the efforts
are made by us under the guidance of guides.
3. The project work is not copied from any previously done projects directly. (Same project
can be done in different ways but if it has been done in same manner before then it may not
be accepted)
4. We to the best of our knowledge is a genuine industry engaged in the professional
service/social organizations.
5. We understand and accept that above declaration if found to be untrue, it can result in
punishment/cancellation of project definition to we including failure in subject of project
work
Place: Ahmadabad
Date: 28th April 2019
SHINGALA VAIBHAV HIMANSHUBHAI
NAKUM KAPIL KANTIBHAI
SOLANKI MRUGENDRASINH DILIPSINH
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HASMUKH GOSWAMI COLLEGE OF ENGINEERING
Naroda-Dahegam Road, Dascroi, Ahmadabad, Gujarat 382330
CERTIFICATE
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Table of Contents
Chapter 1 Introduction 8
Chapter 2 Contents 9
2.1 Key Partners 10
2.2 Key Activities 11
2.3 Value Proposition 12
2.4 Key Resources 13
2.5 Customers Relationship 14
2.6 Customer Segments 15
2.7 Channel 16
2.8 Cost Structure 17
2.9 Revenue Stream 17
Chapter 3 Conclusion 18
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Table of Figures
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Chapter 1 Introduction
This business model canvas can be used to visualize such customer expectations and
market problems. This exercise will increase the market strategy and implementation of
technology. This will make them more effective in market.
This exercise brings discussions on viability and cost effectiveness into picture with their
impact. This exercise will enable usto have knowledge on the steps required to ensure
that a solution they develop via project should have a user who can afford it with desired
needs. This exercise helps us to understand the true value of the proposed solution.
Business Model Canvas is used to validate the market significance of products and
services which will be of technology nature in this case. Technology projects are often
solutions or processes that solve a technical problem. However the market
implementation of such solutions also require that the problem solution is designed to
overcome not just the technical barriers but also market and business related barriers of
costs, customers reach and collaborations and those that pertain to the practical nature of
limited initial capacities within the team.
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Figure II Proposed Business Model Canvas
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Chapter 2 Contents
2.1 KEY PARTNERS
In this we can do partnership with different companies according to our product. By
doing this we can get the idea about what is market scenario, optimization in product and
cost can be achieved, from where we can get the raw material of our product.
Refineries
Industries
Laboratories
Power plant
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2.2 KEY ACTIVITIES
In this we are made aware about how will we represent our product to customers. We can
use the following for marketing of the product.
Safety
As whole project is on Detection, so this is the most required key activity.
Sensors
Due to sensors response time is reduced.
Production by order
It can be produced by order.
Future platform
Future platform is very higher for this project.
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2.3 VALUE PROPOSITIONS
In this one directly come in contact with customer requirement. In this we will aware the
customers about our product. How it is use and service provided to customers.
Safety
Our project main intention is to provide safety in critical condition.
Real-time Monitoring
In this Project, data is monitored continuously.
Efficiency
This project gives accurate data of leakage.
Quick Operation
It operates quickly when hazardous condition initiate.
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2.3 KEY RESOURCES
In this section we can get idea about, from which kind of industries, they will purchase
raw material for their project.
Electronic Industries
In our project some electronic components are require which can get from
electronic industries as raw material of our project.
Latest Technologies
It requires latest and up to date sensors as resources for our project
implementation.
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2.5 CUSTOMER RELATIONSHIP
In this section we get to know about how they will manage the relationship with customer
by giving them lucrative services.
Automated Assistance
An automated assistance is helpful for customers for their use.
Feedback Form
By taking feedback from customer we can modifies according to them.
Automatic Control
Automatic control of model helps to customer to control over difficult conditions.
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2.6 CUSTOMER SEGMENT
In this section, customers are bifurcate according to their product usage and to which
kind of customer they can sell their product.
Researchers
Industries
Refineries
Laboratories
Power Plants
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2.7 CHANNEL
In this we got to know about how they will approach customers, which media they should
select the marketing of their product.
Advertisement
Social Media
All above options are best for marketing for our project.
Figure IX Channel
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2.8 COST STRUCTURE
They can attract customers towards their product by giving them lucrative offers in cost.
In which department, they should have to invest more
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Chapter 3 Conclusion
Business Model Canvas will helpful for us to embark entrepreneurship. One can make a
good product from their project. Increase manufacturing unit in India and enhance the
economy of India.
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