Business Plan
Business Plan
Executive Summary
EADA Technologies (EADA) is an exciting start-up company in the newly emerging field of Personal Tracking Devices; respected industry analysts such as Ovum and ABI Research predict this will become a $22 billion market within the next five years.
Products and Services
EADA will develop and distribute miniaturized Personal Locator Devices (or Personal Tracking Devices). Initially, the manufacturing of our devices will be subcontracted, while we develop the supporting software and systems internally, although we plan to manufacture our products in-house in future years. Unlike our competitors, we have military-inspired proprietary technology which allows many of our systems to work with or without the presence of cellular towers, enabling their use anywhere in the world, including cities, deserts, oceans, lakes, mountains, or anywhere else adventurous travelers find themselves. Our products are also distinct in that they are small and fully programmable. The end user for his or her unique, individual applications can customize our systems - for example, maritime applications, which include a water-activated signal (as when a crewman falls overboard) are different from those required in business applications.
The combined number of "potential" customers for our products is well over 500,000; we will focus on a more realistic and attainable three-year sales goal of roughly 50,000 users, which will generate many dollars in sales revenues.
Management
The founders of EADA technologies, Atul Khattar, Danish Singh and Abhishek Somani are university students currently also working or other similar and valuable projects in the field of electronics and communication, their basic qualification degree field. They have been interns at Bsnl, Ericsson technologies and are mastering their field of work.
Mission
EADA Technologies' mission is to become the leading vendor of Personal Locator Devices worldwide. Through a combination of evolving
Executive Summary
EADA Technologies (EADA) is an exciting start-up company in the newly emerging field of Personal Tracking Devices; respected industry analysts such as Ovum and ABI Research predict this will become a $22 billion market within the next five years.
Products and Services
EADA will develop and distribute miniaturized Personal Locator Devices (or Personal Tracking Devices). Initially, the manufacturing of our devices will be subcontracted, while we develop the supporting software and systems internally, although we plan to manufacture our products in-house in future years. Unlike our competitors, we have military-inspired proprietary technology which allows many of our systems to work with or without the presence of cellular towers, enabling their use anywhere in the world, including cities, deserts, oceans, lakes, mountains, or anywhere else adventurous travelers find themselves. Our products are also distinct in that they are small and fully programmable. The end user for his or her unique, individual applications can customize our systems - for example, maritime applications, which include a water-activated signal (as when a crewman falls overboard) are different from those required in business applications.
The combined number of "potential" customers for our products is well over 500,000; we will focus on a more realistic and attainable three-year sales goal of roughly 50,000 users, which will generate many dollars in sales revenues.
Management
The founders of EADA technologies, Atul Khattar, Danish Singh and Abhishek Somani are university students currently also working or other similar and valuable projects in the field of electronics and communication, their basic qualification degree field. They have been interns at Bsnl, Ericsson technologies and are mastering their field of work.
Mission
EADA Technologies' mission is to become the leading vendor of Personal Locator Devices worldwide. Through a combination of evolving