MYO: Computer interface based on EMG signals from forearm, Business Model

Preview:

DESCRIPTION

These slides use ideas from my (Jeff Funk) class to develop a business model for MYO’s new form of computer interface. This wrist band-based device uses EMG signals from a person’s forearm to control mobile phones, MP3 players, and other electronic devices. This enables users to interact with electronic devices in ways that can’t be done with existing gesture (e.g., Kinect, LEAP)-based devices or touch screens. Snow boarders can control their MP3 players on the slopes while gamers can do new tricks.

Citation preview

MT4002 – Technology Management Strategy

Final Presentation 5.11.2013

Aleksi Tiira

Jari Kumpulainen

Petri Salama

Riku Lindholm

Tommi Tuulenmäki

MYO: A New Form of Computer Interface that uses EMG signals from the forearm

Agenda

1. Value Proposition

2. Customer Selection

3. Value Capture

4. Scope of Activities

5. Strategic Control

Value Proposition

Value Proposition

Next generation gesture control with no

boundaries

– Camera-free

– High connectivity and countless industries

– Fast and accurate response

– Anywhere at any time

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Camera-free

MYO measures gestures with sensors

– No cameras, no wires, no buttons

– Range of movement like never before

– From subtle everyday gestures to

application specific actions

Current competition

– LEAP, Kinect

– Touchscreen

– Mechanical input (mouse, keyboard)

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Fast and Accurate Response

Gestures recognized before movement

– Muscle activity

– 9-axis inertial measurement unit (MEMS)

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

High connectivity

Bluetooth 4.0 Low Energy

– Growing standard that can be utilized by many common devices in many industries

• Smartphones, Computers, Smart clocks and glasses…

• Drone control (military)

• Healthcare

• Etc.

Versatile SDK allows developers to create MYO applications for any device which requires control and has Bluetooth

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Strategy Canvas

MYO

Camera based motion control (LEAP)

Touchscreen

Mechanical Input (keyboard, mouse…)

Offerings

High

Low

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Customer Selection

Segments

1. End Users The ones that use MYO

MYO

Military

Consumer

electronics

Profession

Tools

2. App Developers Provide the apps for MYO

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Needs of the Segments

End Users 1 Mobility

2 Connectivity

3 Applications

App Developers 1 Easy-to-use SDK

2 Unique platform

3 Users

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Value for the Segments

End Users 1 No wires or external

sensors

2 Bluetooth 4.0

3 App library

(under development)

App Developers 1 Easy-to-use SDK

(they have one)

2 No similar alternative

3 User base

(under development)

Soldiers

Spy Planes Tanks

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Hardcore Gamers Casual Gamers

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Home

Entertainment

Users

Value

Proposition

Value

Capture

Scope of

Activities

Strategic

Control

Customer

Selection

Snowboarders Cyclers

Skiers Joggers Value

Proposition

Value

Capture

Scope of

Activities

Strategic

Control

Customer

Selection

Designers

Value

Proposition

Value

Capture

Scope of

Activities

Strategic

Control

Customer

Selection

Presenters

Value

Proposition

Value

Capture

Scope of

Activities

Strategic

Control

Customer

Selection

Fast to Learn

Value

Proposition

Value

Capture

Scope of

Activities

Strategic

Control

Customer

Selection

Value

Proposition

Value

Capture

Scope of

Activities

Strategic

Control

Customer

Selection

Value Capture

Currently,

Pre-order Sales

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Main Source of Revenue:

MYO

App Store

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Feedback

Apps

$$

$$

MYO Armband

Apps

$$

%

of

app

rev

en

ue

SDK

End

Users

App

Developers

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Scope of Activities

Adoption Lifecycle

CHASM

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Source: Couragent web page

How to Cross the Chasm?

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Target Value

Proposition

Customer

Selection

Value

Capture

Strategic

Control

Scope of

Activities

The Competitive-Positioning Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Sales & Marketing

Value

Proposition

Customer

Selection

Value

Capture

Strategic

Control

Scope of

Activities

Value

Proposition

Customer

Selection

Value

Capture

Strategic

Control

Scope of

Activities

Customer Support

Other Important Activities

Quality Assurance

Distribution Channel

Ramp Up

Value

Proposition

Customer

Selection

Value

Capture

Strategic

Control

Scope of

Activities

Value

Proposition

Customer

Selection

Value

Capture

Strategic

Control

Scope of

Activities

Strategic Control

Strategic Control

IP protection

– It has patents (e.g., muscle activity sensor)

and trademarks

Create network effects

– The more applications the more users and

vice versa

Collaborate with other firms to become a

standard in the gesture recognition market

Value

Proposition

Customer

Selection

Value

Capture

Scope of

Activities

Strategic

Control

Some Conclusions

Disruptive technology

Unique value proposition that reaches many end users

– Huge market potential

Major changes in the scopes of activities

App store – Network Effect

Pictures Einstein - http://t3.gstatic.com/images?q=tbn:ANd9GcTG59pdgv19QYRwQUWkDlefjNjmuZ10fMR80SwndHbwELZFKMD-8Q

MYO - http://media.idownloadblog.com/wp-content/uploads/2013/02/Thalmic-Labs-MYO-armband-technology-002.jpg

Military - http://www.hdwallpapersinn.com/wp-content/uploads/2012/09/military-force-images-steep_u-turn_1024x768.jpg

Google Glass - http://www.inflexwetrust.com/wp-content/uploads/2013/02/IFWT_Google-Glasses.png

Periscope - http://www.qrcodepress.com/wp-content/uploads/2012/07/QR-code-medical-industry.jpg

MYO - http://wpmedia.business.financialpost.com/2013/02/myo_black.png

Soldier - http://www.freakingnews.com/pictures/1000/Aiming-Soldier-1048.jpg

Spy Plane - http://thefutureofthings.com/upload/items_icons/Bat-Inspired-Spy-Plane_large.jpg

Tank - http://realhdwallpaper.com/wp-content/uploads/2013/05/Abrams-Tank-Wallpaper-HD-Free-Download.jpg

HC Gamer - http://www.mundogamerbrz.com.br/site/wp-content/uploads/2013/01/hardcore-gamer.jpg

Kids Playing - https://encrypted-tbn3.gstatic.com/images?q=tbn:ANd9GcQwUtEdfkBRi8GjKAKbyJwVLR6jt86KNT-iSz_vBh7ePJai8fcJ

Living Room - http://stuffkit.com/wp-content/uploads/2012/06/Living-Room-9.jpg

Female Jogger - http://www.wellandgoodnyc.com/wp-content/uploads/2012/09/woman-stretching-runner-female-asian-landscape-sunset-yellow.jpg

Skier - http://goskialberta.com/09/images/file/freeride.jpg

Snowboarder - https://www.sport2000rent.com/uploads/tx_templavoila/Langlauf_gespiegelt_03.jpg

Cyclist - http://www.muscleelements.ca/wp-content/uploads/2012/06/cyclist.jpg

Designer - http://blogs.globeuniversity.edu/wp-content/uploads/2012/08/Graphic-Designer1.jpg

Presenter - http://www.keynoteconferences.co.uk/commonFiles/pics/Lecturer%20Stock_000005299702Medium.jpg

Developers Wallpaper - http://i.imgur.com/0qRBhoM.jpg

Adaptation life cycle - http://www.courinvestor.net/images/Adoption-cycle-with-Chasm.png

Crossing the chasm - http://timster-howdarei.blogspot.sg/2011/07/chasm.html

Target customer- http://www.flickr.com/photos/cristiano_betta/2909483129/

Salesperson - http://aphelp.ap.org/

Apps - http://cloudcomputing.sys-con.com/node/2570177

Recommended