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Benefits of Idea in Solving the Problem

Discuss about the Evaluating Mobile Business Applications in Service.

Chatbot Gaming Software Business will be established that will have its business operations in offering free graphic design tool website. It will employ a format of drag and drop along with offering access to more than a billion graphics, photographs along with fonts. It is observed to be employed by the professionals and non-designers (Canva., 2018). Chatbot Gaming Software will employ an artificially intelligent companion that is backed up by Artificial Intelligence and can act as emotional chatbox avatar. The software tools offered by this company can facilitate to be employed in print as well as web media design as well as graphics. Considering the company profile of this newly established business, suitable evaluation of its business model canvas is carried out that can facilitate in analysing the critical success factors of the company.

Downside risks results in the organisations to deal with certain financial losses. In such situation, when the real return is less than the anticipated ones. Within such situation, uncertainty is observed within the businesses that is highly impacting the productivity. This is due to the reason that the magnitude of the businesses is deemed to be high (Ladd, 2018). In case of software forms such as Chatbot Gaming Software Business, the aspects that are considered to attribute to decrease downside risks are explained under:

  • System failure
  • Human errors
  • Procedure failures
  • Price fluctuations of the spare parts related with the software
  • Delay within the loans repayment
  • Introducing innovative technologies in which there is absence of necessary technological abilities

Fluctuations in software spare parts prices offered by Chatbot Gaming Software Business makes it complex for staff of the company to determine prices for the same (Rytkönen & Nenonen, 2014). This has included an interrogative parameter to the fulfilment of the demands, needs along with the requirements of all its stakeholders. In addition, it also results in certain doubts over the method of premium pricing. Loan repayments delay destroys the stability considering the relationships among the employees along with consumers. This is also a signal of dealing with loss in the profit margin along with revenue.

Systems failure increases the complexities within the terms of attaining effectiveness within the product management (Sort & Nielsen, 2018). Such failures compel the employees to attain certain negative results. Along with the same, the systems failure focuses on the relationship between the employees along with the consumers. The major intention behind such failure might be the human errors along with the failures of the procedures (Strategyzer, 2015). Negligence in the modification of the human issues is an uncertainty for the organization in consideration to improve the productivity within the business. Along with the same, such negligence is also deemed to be a vital concern concerning quality consumer service exposure. In recent era of competition, employees lack necessary technological capabilities (Strategyzer, 2015). In this case, introducing new software can be of great risk for Chatbot Gaming Software Business in consideration to profit margin along with sales revenue.

Critical Success Factors

Considering the company profile of this newly established business Chatbot Gaming Software Business, suitable evaluation of its business model canvas is carried out that can facilitate in analysing the critical success factors of the company. It is gathered from the paper that this key success factor has facilitated the company in conducting its business operations at zero downtime deployments. This can be implemented in a place where operator logs are by means of public and private cloud.

The existence of effective and skilled employees facilitates Chatbot Gaming Software Business for developing quality software for its consumers (Dijkman et al., 2015). The major objective behind the same within the market is concerned with the recent along with the innovative designs that are ruling the market. Efficient employment of resources support in terms of improving the productivity by means of software development, designing along with cloud computing. Provision of such services at decreased operational expenses facilitates the workforce to gather attention of a large consumer base. Collaboration with important partners such as Google cloud platform, Cognizant, Dell technologies, Accenture, Microsoft Azure along with Galvanize is of great support in terms of ensuring innovation regarding the services and products. For serving the consumers in an effective way, Chatbot Gaming Software Business practices both the indirect and direct marketing (Ojasalo & Ojasalo, 2015). Access in the direction of an artificial intelligence feature might be incorporated and used by means of important messaging applications is an instance of indirect marketing that facilitates the company’s employees to attain a view within approach of customers in consideration to levied services along with products.

  • The effective and innovative design of its software: This key success factor has facilitated the company in conducting its business operations at zero downtime deployments. This can be implemented in a place where operator logs are by means of public and private cloud (Zandoval Bonazzi & Ari Zilber, 2014).
  • Maintenance of competitive security systems: This key success factor has facilitated the company to attain increased consumer trust, loyalty ad dependence. Considering the same, it can also be mentioned that the 3R’s such as Repair, Repave and Rotate within the application portfolio is highly successful in attaining competitive advantages (Euchner & Ganguly, 2014). In addition, dependence on built-in high availability has facilitated employees in consumer retention in case of challenging conditions. This has been possible with support of Humana, whose partnership has been like an agent for Chatbot Gaming Software Business for innovating its product development life cycle quality along with related standards.
  • Pivotal cloud foundry: This is one of the major key success factors that have facilitated Chatbot Gaming Software Business in attaining sustainable development. It has also been evidenced that it is helpful for organizations those look for digital transformation by means of the software. Increase in the speedy along with rapid delivery has improved the productivity of the consumers that looks for software development (Ovans, 2015).

I have gathered from the paper that Chatbot Gaming Software Business conducts functions related with businesses. The organization is involved in alignment with several partners that facilitate in manufacturing of quality software. If this was my business, I might have considered new partners that might have facilitated me in implementation of the vital activities. In consideration to same, I perceive it is efficient to get involved in partnership with the huge number of suppliers. This might serve o be effective in consideration to expansion of the network of supply chain. I would also have considered planning in business conducts (Hixson & Paretti, 2014). This might have facilitated me concerned with the conducts that I require to carry out on an urgent manner. In such scenario, it might have undertaken theory of planned action along with reasoned behaviour in order to regulate my behaviour within place of work. In such planning, I might have associated the shareholders along with stakeholders in order to attain a perception regarding their approaches in attaining the levied services. The ways of feedback and survey might have considered being suitable in aspect of improving stability within the link.

I might have focussed on maintaining financial parameter. Considering such cause, I might have involved in a association with trade union members that might have facilitated me in avert the cases of fluctuating prices, high rates of exchange and inflation (Sort & Nielsen, 2018). I perceive implementing a pricing method along with attaining feedback from consumers might be better for evaluating its effectiveness, appropriateness along with feasibility. In case I have considered taking loan, I have attempted to be efficient for evaluating its appropriateness, feasibility along with efficiency. In case I take loan, I will consider repaying it in a timely manner for attaining likely services in the future. I might also have organised seminars focussed on employees in consideration to enhancing the knowledge on technological capabilities. This might have facilitated me in decreasing the knowledge gaps related with employees. Appointing IT  innovation through Artificial Intelligence from the IT field might be important with consideration to terms of developing employees for projects. In addition, I might consider taking post-training evaluations for attaining the ability of employees in consideration to ensure practical implementation of acquired capabilities towards carrying out the operations in place of work (Schaltegger, Hansen & Lüdeke-Freund, 2016).

Analysis has turned out to be a vital part of the business. This is in consideration to analyzing the limitations of the business operations. I have also maintained consistency in execution of the analysis regarding evaluation in order to upgrade the standards long with quality of the recent business condition within the place of work. An instance of this might consider appointing IT innovation through Artificial Intelligence at the time failure systems turn out to be deceptive. This could have facilitated me to avert encounter certain cases of malfunctioning, virus attacks along with hacker interventions. Analysis of the same might facilitate me in attaining professional and personal development. This is in consideration to self-organizational capabilities that might be inculcated in an individual. I also consider that this might facilitate in individual in indicating its leadership capabilities and skills. This is required for improving my personality within the workplace.

References

Chatbot. (2018). About Chatbot. Retrieved 29 April 2018, from https://about.chatbot.com/en_in/

Dijkman, R. M., Sprenkels, B., Peeters, T., & Janssen, A. (2015). Business models for the Internet of Things. International Journal of Information Management, 35(6), 672-678.

Euchner, J., &Ganguly, A. (2014). Business model innovation in practice. Research-Technology Management, 57(6), 33-39.

Hixson, C., &Paretti, M. C. (2014, October). Texts as tools to support innovation: Using the business model canvas to teach engineering entrepreneurs about audiences. In Professional Communication Conference (IPCC), 2014 IEEE International(pp. 1-7). IEEE.

Ladd, T. (2018). Does the business model canvas drive venture success?. Journal of Research in Marketing and Entrepreneurship.

Ojasalo, J., &Ojasalo, K. (2015). Service Logic Business Model Canvas for Lean Development of SMEs and Start-Ups. Handbook of Research on Entrepreneurship in the Contemporary Knowledge-Based Global Economy, 217.

Ovans, A. (2015). What is a business model. Retrieved July, 5, 2016.

Rytkönen, E., &Nenonen, S. (2014). The Business Model Canvas in university campus management. Intelligent Buildings International, 6(3), 138-154.

Schaltegger, S., Hansen, E. G., &Lüdeke-Freund, F. (2016). Business models for sustainability: Origins, present research, and future avenues.

Sort, J. C., & Nielsen, C. (2018). Using the business model canvas to improve investment processes. Journal of Research in Marketing and Entrepreneurship.

Strategyzer, A. G. (2015). The business model canvas. Retrieved at January, 10, 2016.

ZandovalBonazzi, F. L., & Ari Zilber, M. (2014). Innovation and Business Model: a case study about integration of Innovation Funnel and Business Model Canvas. RevistaBrasileira de Gestão de Negócios, 16(53).

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