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Showing posts with label car. Show all posts
Showing posts with label car. Show all posts

Tuesday, April 15, 2014

Insurance Incident App

NEED
If you have ever been in an accident you know what a hassle is to deal with all the insurance process.

DESCRIPTION
An app that can streamline the insurance claim process from the starting point of the crash or incident to the end.

POTENTIAL
More than 2M car crashes a year in the United State.

Sunday, May 26, 2013

ZipCar Systems to Open Your Home

Need

Ok, if you have not seen my previous post, please check it out before reading this one because this idea is just a "sub-idea" to my previous post: http://www.marceloburbano.com/2013/08/zipcar-system-for-individuals.html

The need is similar to my previous post. I am tired of looking for my keys to open my home. Can we put the opening system in my wallet or anything that I am wearing (e.g. my watch)? Given that I only really know about the ZipCar system to open car doors I am going to follow my instinct that the first global/massive way to open home doors would look like a cardkey.

Description

Bla, bla, bla... you know how it is going to look like if you read my previous post. The only piece that is different is the third party installer. In this case I am thinking of two types: the security companies that install the alarms in every developing country (and some developed countries now that inequality is rising) or the companies that offer security doors (those doors that are not your regular "Joe Door" but made of steal and very very difficult to open if you do not have the key).

Potential

Again... bla, bla, bla... if this worked for cars... hmm let me think, is there more homes that cars?... yeap! ok so you see my point on "potential".


Friday, June 01, 2012

An Armored Car for Developing Countries

Need:

Recently I have been thinking that the solution that we have arrived in cities like Sao Paulo, Mexico City, Bogota, etc., of transforming a normal car into an armored car is suboptimal. First, I am not talking about the armored trucks banks use to move money, nor the hummer-like cars used by the military. I am talking about your usual car used by diplomats around the world.

The need is simple, people with security concerns (e.g. the wealthy or the political class) need an armored car in these type of cities in developing countries. The current supply of armored cars is basic: Take a normal car and put on armor of different caliber.

Description:

Instead of transforming a normal car into an armored car why not design an armored car from scratch? I am sure you can design a better armored car if you start without any restriction and knowing exactly what are the essentials. There are some features of a normal car that are not aligned with the functionality of an armor car (e.g. windows that do not go down). Why be bound by this misalignment? Why not design and create the perfect armor car with the style of a BMW, optimizing for performance and weight.

The same way Miguel Caballero developed bullet proof fashion and created an entire company around high quality/top design bulletproof clothes, there is an opportunity to design and manufacture new armored cars. If this ever happens I think it will come from a country like Mexico, Brazil or Colombia. Or maybe Miguel Caballero reads this post and starts a new line of "products".

Potential:

I am thinking there is two ways of measuring the potential of this market. Lets assume that 0.1% of the population in countries like Brazil, Colombia and Mexico have an armored car. That means around of the 350M people living on those 3 countries you may have 350K people or maybe 100K households. At a price point of US$100K per car the market for armored cars in those 3 countries is US$10B. Assuming a purchasing cycle of 5 years, the market is US$2B a year. 

Another way of thinking about this is that Miguel Caballero can have around US$10M in revenue per year in bulletproof clothes. Lets assume for simplicity that each item has an average price of US$1K that means he is selling 10K items per year. Lets assume that each person buying at his store purchases 2 items. That means he has 5K customers that could purchase an armored car. Again, at US$100K per car that means US$500M a year. 

So my market size is around US$500-$2B a year. Pretty good.

Saturday, October 01, 2011

Keyless Entry System App

[Update: Jan 2013]

Intellacase is trying to do this exactly. Hope you raise all the funds you need. Help them at Kickstarter:
http://www.kickstarter.com/projects/intellacase/intellacase-the-worlds-smartest-phone-case

[Originally Posted: Oct 2011]

Need:

I have a smartphone and have a keyless entry system for my car. My wife keeps loosing the keys but (almost) never her iphone. Can we merge it in one?

Description:

Can we just include an App that works as my keyless entry system? How hard is that? Or maybe it is easier to have a case that includes the chip so it works.

Potential:

Again, cars 50M, maybe $20 for each system that will make it US$1B market.