A posting for the Technology Producers Group. ( Reposting, as almost 3 years ago I posted this. )
A sample summary case for re-inventing the wheel :
Category : Network Threat Management & Intrusion Detection Systems Devices
Sub-Category : Specialized High Tech Industry
Target Markets : Small to Large Business Companies
Turnover Revenues : 1,000,000-USD per 5000 devices for the small business company segment. 5,000,000-USD per 5000 devices for the large business company segment
Base System : Open Source Based, Proprietary implementation of core engine.
Physical Dimensions : Same as those of boxed edge devices
- Some Local Business Impacts
- Creation of a small sized Smart Company.
- Creation of an design and production line.
- Creation of support facility.
- Creation of Robotic & AI assembly line.
- In house testing centre
- In house certification centre
- A strong possibility of a semi-conductor assembly facility on base components
- Creation of Innovative methods and technologies to increase production facilities efficiencies and costs cutting
- A few of the benefits to a country:
- One a cycle of 5000 unit devices, between 1million - 5million USD of saved foreign exchange
- Innovation at design, assembly and post post-production.
- Smarter Tech industries and Companies, creation of specialised skills.
- Revenues inflows when exports take place, depending on external markets
Fill in the blanks, get a financial analyst to do the input/output figures versus investments/returns. Re-inventing the wheel pays off big time when the investments match the profitability/markets. Question is, do the skills to create exist? Yes they do on marketing, sales, property management, finance, legal etc. But without the core engine, the devices cannot even take off because we don't want to re-invent the wheel.
Some thots. :-)