NVIS TECHNOLOGIES

Team BizDom

MICA

Samir Prakash

Abhishek Singh Mandloi

Anjali Jain

Kunwarbir Singh

THE INNOVATION NVIS is a leading manufacturer of clean

energy products and training equipment It is a relatively cost effective method of

providing green and clean energy, it improvises on existing technologies and helps save a lot more than just energy

This development is crucial for a country like India because its making more sustainable, reliable and lesser energy consuming devices, which is necessary since there is almost always a power deficit for domestic and commercial usage

TARGET SECTOR Educational solutions to science

students, high end technology equipment manufacturers for commercial clientele

Domestic clients include homes for innovative LED lighting solutions and waste waster treatment systems

The innovation ideally hopes to strive and bridge the deficit of available energy in India

Green innovations can help reduce consumption and hence ensure there is more energy available on the grid

FEASIBILITY & SCALABILITY NVIS tech solves problems by doing

innovations at the back-end of the technology spectrum, hence reducing costs and increasing simplicity of device

Patented technology techniques, a ready team of brilliant engineers who work day and night to innovate, and tie ups with tech institutes and corporations that use their products, is a robust model of operation

Environmental solutions are the need of the hour and being recognized by MNRE is a big plus

FEASIBILITY & SCALABILITY NVIS’s current model seems pretty robust at

these levels, however to continue its innovative products it needs to scale up to get more money to put into R&D

The lack of constant innovation on their part can hamper their growth as an enterprise, hence they need to scale up, and fast

It is necessary for the innovation to be simplistic to have an appeal to its existing set of buyers, because adoption of innovation if it takes time, can mess up the cycle of reinventing products

FEASIBILITY & SCALABILITY So the existing catalog of products

should get them a wider client base, ideally. And then they should become more of a solutions based company. Earlier the need to innovate was at a basic technology level

The way ahead is to collaborate with as many clients as possible, be it govt enterprises, corporations, educational institutes and look at streamlining their technological infrastructure and requirements using your own knowhow

FEASIBILITY & SCALABILITY So rather than becoming a manufacturer of

clean technology devices, they can become a technology solutions company who, at minimal cost of project on their head, will innovate and design solutions for clients on a project to project basis

That ensures a more stable business for the innovator, and also reduces risk of technology he is making. Tailor made client solutions are the way ahead

This model works out way cheaper than trying to survey the requirements and come up with a technology which is broad based in the hope that some client shall pick it up in the market

STAKEHOLDERS The main stakeholders in this company are

the innovators who sit in the labs and brainstorm to create new technology for NVIS

The other stakeholders are obviously the clients, whoever NVIS caters to, with their products and solutions, is the major stakeholder

The society at large does benefit, and is an indirect stakeholder in this venture, since some domestic use technologies are actually aimed at saving energy and being more frugal in energy consumption

NEXT PRACTICE Global scale- NVIS can scale up based on

potential tie ups with clients, if they begin delivering customized solutions to their technology needs

Rule of law- MNRE recognized enterprise, dealing in clean energy solutions

Social equity- is central to the essence of NVIS tech, since their main aim is to provide sustainable energy solutions

Fair transactions- NVIS needs to treat its stakeholders with utmost care because it is these people which are the real wealth of this business practice

New price-performance levels- NVIS needs to optimize costs in order to justify high investments made into innovating energy solutions

Sustainability- NVIS needs to be cognizant of the fact that it is providing green tech solutions and needs to continue doing that for its clients as much as they can

THANK YOU