Due diligence for Baby Guardian
1. Potential positive impact on society
- Reduce the risk of accidental injury and mortality to children as a result of being forgotten in cars by their caregivers.
- Enhance the relationship between kids and caregivers in a technology way.
2. Experience and reputation of the project team
- Shiran Yuan graduated from Harbin Institute of Technology with a Bachelor degree in Material Science and Engineering. And she is studying in Education in Science and Engineering at Technion as her Master degree.
- Shili Wang is a student graduated from Beihang University with a Bachelor of Engineering in Fluid Dynamics. And she is an exchange student in Technion. Shili has some experience in data processing, deep learning researches, and publications in the data science field. (Click for Shili's CV)
3. Risks and likelihood of success
Risks
- The team might not capable of making a viable product in practice, due to their background are non-relevant.
- The topic does not necessarily resonate, especially for the elderly take "care supervise" as part of the responsibility which caregivers should always be careful.
- The market size and customers' needs are limited.
Likelihood of success
- For the younger generation of technology-dependent, there may be great business opportunities.
4. Clarity, appeal, and soundness of the marketing campaign
- The team is doing great in every team assignments, maybe Baby Guardian can try to start crowdfunding to start the marketing campaign in the future.