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ESim. A Web2.0 SaaS Company. Points to discuss. About ESim Who can be our potential customers Concepts learnt through simulation The game Business Opportunity. Vision and Mission. Providing Education through Simulation
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ESim A Web2.0 SaaS Company
Points to discuss • About ESim • Who can be our potential customers • Concepts learnt through simulation • The game • Business Opportunity
Vision and Mission • Providing Education through Simulation • “Tell me and I will forget. Show me and I will remember. Involve me and I will understand” • “Study show that we retain under 20% of what we see or hear and 50% of what we do both see and hear, but upto 80% of what we INTERACT with”
Customers and Benefits • Customers • Educational Institutes • Corporate company • Individuals • Benefits • A radical way of learning key concepts of Business Administration and Management • Already used in IIM, XLRI • Easy to play, Excel like Interface
What are the concepts we learn through simulation • Aimed at learning 6 Functions areas • R&D • Marketing • Production • HR • TQM • Finance
The Game • B2C space in Electronic Watches industry • 6 Companies (Teams) compete to build a $100 mil business as on 31/12/08 • 5 Market Segments • Traditional • Low Cost • High End • High Performance • Small Size
Company in trouble • Your team is newly appointed Senior Management • Following challenges ahead of you • Substandard plant, untrained staff • Unclear Finance and Business strategy • Low price realization, excess plant capacities • Inferior products • Products positioning, automation levels, pricing - all out of place • All the problems that a business can have • Ideal business conditions, no recession/inflation/stagflation
Business Opportunity • Work with Educational Institutes to make this Mandatory part of curriculum • Work on a OEM model with the colleges, to bundle the cost with the fees • Just to give you an idea of pricing, currently, the companies selling this kind of package charge $750 for 2 game package • We can also work with Corporate customers and help their managers to understand how the business work