subject: BCG Matrix for GPS and RFID tracking technology in India for schools and other corporate [print this page] Structure Structure
Act I Lights! GPS and RFID tracking solutions for schools
Act II Camera! The BCG Matrix
Act III Action! Learning points and conclusions
[Act I] Lights!
The Global Positioning Systems (GPS) market is valued at INR 4.7 billion in 2009 and is expected to grow dynamically in the future. The increase in demand for tracking and navigation services from a wide spectrum of consumer segments is expected to drive the market. Domestic and foreign participation has been continuously increasing as they compete for a sizeable share in this market with high profit opportunities
Global Positioning System (GPS): Little do people know that our everyday GPS today can be traced back to top secret military projects? Originally, the technology was said to come about from the United States Department of Defense. The United States military can be credited for the birth of our modern day GPS. Later, this tool has been adapted and modified to allow civilians to use the technology in various applications. This became the start of one of the most influential scientific breakthrough.
Radio Frequency Identification (RFID): A method of identifying unique items using radio waves. Typically, a reader communicates with a tag, which holds digital information in a microchip. But there are chip less forms of RFID tags that use material to reflect back a portion of the radio waves beamed at them.
GPS and RFID tracking solutions for schools: School officials and parents have been waiting a long time for a solution to the vexing problem of knowing if, when and where a student has boarded or departed a school bus. There is finally an accurate, easy and affordable answer and that answer is GPS and RFID based tracking system.
[Act II] Camera!
Assume market growth rate. The technology will grow in the Indian market.
Success factor depend on the awareness and usability as well as the acceptability of technology by the potential users.
Limitation in form of resistance for new technology always existed.
Linkage between Market share and profitability is questionable.
[Act III] Action!
Learning points and conclusions:
? - To be handled with care.
Strategic forays into emerging high growth markets.
Implementation of GPS and RFID based tracking solution in schools is a transformational strategy.
Strong technology awareness capability will be tested.
Contribution must be triple bottom line: Economic, Environment and Social capital.
BCG Matrix for GPS and RFID tracking technology in India for schools and other corporate
