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FACE DETECTION BASE HOME SECURITY SYSTEM PRESENTED BY: FATIMA -TUZ- ZAHRA(05) BASRI SHAHZADI(06)

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Presentation on theme: "FACE DETECTION BASE HOME SECURITY SYSTEM PRESENTED BY: FATIMA -TUZ- ZAHRA(05) BASRI SHAHZADI(06)"— Presentation transcript:

1 FACE DETECTION BASE HOME SECURITY SYSTEM PRESENTED BY: FATIMA -TUZ- ZAHRA(05) BASRI SHAHZADI(06)

2 CONTENTS What is Feasibility Plan? Executive Summary Business Concept Product or Service Description Market Research and Analysis Market Plan Operational Plan Entrepreneurial team Financial Plan

3 WHAT IS FEASIBILITY PLAN? An analysis and evaluation of a proposed project to determine if it (1) is technically feasible (2) is feasible within the estimated cost (3) will be profitable

4 EXECUTIVE SUMMARY Home security should be a top concern for everyone. Safe and secure home is the necessity of every individual as most of the family members are working. The home is left unattended for most of the day-time and home invasion crimes are at its peak as constantly monitoring of the home is difficult. Another reason for the need of home safety is specifically when the elderly person is alone or the kids are with baby-sitter and servant.

5 EXECUTIVE SUMMARY (CONTD…) Existing security conditions: It is observed that 67 out of 78 studied cases 86% of the people who think that their home is somewhat secure and 14% are satisfied with their current home security When asked about the kind of security system installed in their home, 97% people still have traditional lock-and-key system and rest of 3% use CCTV cameras

6 EXECUTIVE SUMMARY (CONTD…) Usually existing systems provide limited functionality like automation, gas leakage notification but the proposed system will provide additional features like capturing the image of real time and sending notification as alerts to the user in case of any suspicious activity.

7 BUSINESS CONCEPT OBJECTIVES The purpose is to stop the crime and also catch the robber to take measureable actions against him The main objective of the project User will get notifications as Email if any illegal tries to break One of the biggest reasons to invest in IT is the fact that the Government of Pakistan has allowed 100% ownership of equity

8 DESCRIPTION OF PRODUCT OR SERVICE Due to the jobs of your family members and busy schedules of daily life, families prefer to get alerts about critical situation like theft sudden attacks in house SERVICES A fully hardware and software services We will embedded and installed itself Fully security with illegal person image Safety alarm to warn you

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10 MARKET RESEARCH AND ANALYSIS Why we establish this plan? Market Segmetation: Our System will be primarily targeting Karachi housing scheme (Sohaira Homes, Ali Town, Al-Raheem, Raza City, Al-Safah Garden, Green Housing Scheme, Usmani Town)because it is at 50th out of total 327 cities of the world in home crime rate. Target market : We will develop it for local market instead of global market. This system will be for anyone who can use android smart phone.

11 MARKET PLAN: An increase in mobile monitoring devices, attractive protection plans, growth in the usage of smartphones & tablets, and rising customer awareness will boost the home security solution. As more customers use this service and satisfy about security our project will come on peak and we will gain more and more market share.

12 CRITICAL FACTOR: Following are the factors critical for the success of this business venture. It will not recognize any person that picture will not save in database. If Our competitors lunch more worthy application in market. Formulation and implementation of customer follow up and feedback systems.

13 MARKETING STRATEGY Place: our main office will be outside of towns because these housing schemes only provide you overall guards outside town but not individuals home security. Price: A large number of competitors are present in market provide an excellent security and authentication with highest cost but we will do for local areas with minimum cost. Our pricing system will be according to local level people.

14 MARKETING STRATEGY Promotion: We will promote our project plan through internet website,newspaper ads, facebook,shares with housing authority and most important mock up activities

15 OPERATIONAL PLAN: Owner of house account Organization will Embedded and installed fully Pop up Notifications Low Budget Maintenance

16 ENTREPRENEURIAL TEAM Following is the list of our project team: Fatima_tu_Zahra (online submit order for security) Basri Shahzadi (submit by hand in office) Employes (embedded and installed system in home)

17 FINANCIAL DOCUMENTATION: per month Office expense = 50 thousand Laptops/ Pc's = 2 lac Camera control System App = 50 thousand costs for the camera = 2 lac // ( depending upon types,like night vision camera's or 360 degrees moment) salaries for employers = 1 lac 50 thousand per month

18 FINANCIAL DOCUMENTATION: Wifi Systems = 50000 Cloud storage Purchased = 2 lac's //(depending upon customer requirement) Alarms sensor switches = 2 lac Traveling expenses = 50 thousand

19 Thanks


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