Taqnia Robotics and Smart System Project Plan

Taqnia Robotics and Smart System Project Plan

• Letter of Transmittal

December 1st, 2019

Program Director,

Saudi Robotics Conference & Expo,

King Abdullah Cultural Center,

Al Jubail, Saudi Arabia.

Dear Program Director,

Enclosed is the executive summary of the Taqnia Robotics and Smart System requested for proposal number V1, issued 14^th Jan 2020, for the upcoming tradeshow at the Saudi Robotics Conference & Expo.

Taqnia Robotics and Smart System are agreeing to be bound by all the provision of this project plan, as issued, for ninety days from the date of submission.

Sincerely,

Student Name:

Cc: Project Director,

Saudi Robotics Conference & Expo.

• Executive Summary
  • Introduction and Contact Information.

Established in 2016, TAQNIA for Robotics and Smart System (TRSS) shares the same vision as the Saudi’s government vision 2030 of developing a local knowledge base as well as boosting the economy and domestic industry. It is a part of the Saudi Technology Development and Investment Company (TAQNIA) group, which is owned by the Public Investment Fund (PIF). Our main aim is to carry out relevant knowledge transfer, enhance skilled human capital, and boost science and technology in the country. We put great importance in producing an end-to-end solution that always works better for customers. Besides, we create a good partnership with other smart solution providers across the world to offer customers innovative solutions for higher efficiency and productivity. Lastly, we invest and create new technologies that are vital in the race for competitiveness throughout the world. Contact us through telephone number +966112211111 or email us through TRSS@taqnia.com or visit our head office located in Riyadh, Saudi Arabia

• Products and Services

Taqnia for Robotics and Smart System has a wide range of robotic systems, automation, and smart systems, among other professional services. Some of the robotics systems that we produce include Tiger I, MR70 AND Tiger II, which are average-sized compact and ground vehicles that are used to perfume explosive ordinance disposal (EOD) missions. The Black Shark (BS-I) which can either be a fully autonomous or remotely operated boat.

The company also provides automation solutions for industries, thus helping to maximize processes and minimize the cost. These systems include robotic arms, process and production automation, and industrial internet of things (IIoT). Robotic arms have a wide range of applications since they allow industrial operations to be automated across the production line. Robotic arms are in high demand from most industries since they are useful in saving money and time and at the same time, boosting accuracy as well as efficiency. Robots also get used as a substitute for human labor, especially in carrying out tedious and risky tasks, this in turn aids in enhancing safety at workplaces. Robotic arms also improve standards in simple tasks such as painting, welding, pick and place, milling, assembling, and even fiberglass cutting.

At TAQNIA Robotics and Smart Systems, we also produce process and production automation systems. Such systems are very useful in industrial operations and processes since it helps in optimizing production. Also, the industrial internet of things (IIoT) is a smart system that we manufacture that helps in quality control, green practices as well as sustainable practices. It enhances overall productivity, efficiency, and reduces the cost of operation.

On the other hand, some of the professional services that we provide to our clients include vocational training in using our products. This gets done by providing our clients with the necessary technical skills through various lessons. We also offer lessons for the experienced professional class. We also provide STEM learning for K-12 students, where we provide them with content and multiple activities like 3D printing. Lastly, we also offer maintenance, repair, and upgrade of our products and services as well as consultations and advice. The company helps companies to make decisions to ensure the maximum outcome in production. We also provide critical decision-makers in making informed choices to take the company forward. Such services include gap analysis, ROI, and business case studies as well as procurement services.

• Target Market

The robotics and smart solution market is highly segmented, mainly based on three main segments. Therefore, the market is divided based on region, vertical, and component segments. In the component segment, our market is divided into different components that we produce. These components include sensors, control systems, as well as power sources. On the other hand, in the vertical segment, our target market is divided into manufacturing, chemical industries, food and beverages, electronics, and domestic application.

Our target market is mainly big factories and industries across the world. This factor is primarily due to the high levels of automation in current companies to enhance productivity and effectiveness. Enterprises need robots for several uses such as manufacturing, material handling, inspection, among other purposes. We also target earth movers’ companies that need some of our products useful during ground explosions. Other target markets include military uses, logistic management, as well as various domestic use. Looking at the target market by region, most of our clients come from the Americas, Europe, and the Asia Pacific. These regions provide a wide range of customers for our products since they have big manufacturing industries. They also have policies that support high-quality products as well as maintaining the safety of workers. Therefore, the factories are in high demand for our products and services, such as robotic arms and processes and production automation. This ensures maximum and efficient production while reducing the cost of production.

• Overview

3.1 Purpose

The purpose of writing this project plan is to be able to participate in the upcoming tradeshow that will happen between the 14th and 15th of January 2020. The Saudi Robotics Conference & Expo will be beneficial to our company since it will enable us to showcase some of our products and services. We are also looking forward to interacting with various technology and smart solution companies to form new useful cooperation for the development of the company. Besides, we are also looking forward to meeting with other potential customers to expand our market reach and profits. For this reason, we are looking forward to the Saudi Robotics Conference & Expo to develop our connections as well as our market.

• The Company Size, Scale, Margin, Risks, and Sales Forecast

TAQNIA Robotics and Smart System is a moderately small company that manufactures and sells robots and other smart solutions for companies and domestic use. We make products based on available customer orders due to the enormous resources needed to produce a single robot or an intelligent solution system. We also enjoy good profit margins due to the increasingly high demands for automation and using smart devices in manufacturing and domestic work.

The size of the robotics and smart solution systems from 2019 to 2023 is expected to grow by a significant margin. This place our company in an excellent position to be able to reap the benefits of this market. For this reason, we are planning to increase our production capacities and widen our market as well as venturing into new markets. On the other hand, the company also faces various risks that threaten the production and sale of our products and services. However, we expect an increase in sales soon due to the rise in demand for our products and services.

• Critical Details

Some of the key players involved in TAQNIA Robotics and Smart System is the Saudi Arabia government that support the vision of our company. Other key players in the robotics and smart solution industry that we are looking forward to forming partnerships include Honda Motors, iRobot, among other key players in the industry. We are also attending the Saudi Robotics Conference & Expo to look for more funds from investors who are willing to invest in our business to bring development to the world at large.

• Conclusion

In concussion, TAQNIA Robotics and Smart System is a technology and smart solution company that is at the forefront of technological advertisement and achievement of the development vision 2030 of the Saudi government. Therefore, we are looking forward to the Saudi Robotics Conference & Expo to exchange various experiences and expand our market reach as well as marketing our business.