Hey all! I am happy to say that I have finally finished my research and will be presenting in less than 2 weeks! This has been a wonderful experience and I am so glad to have been able to share it with you all! Here is a link to the google slides that I will be presenting. It will continually update as I edit it as well, but the final presentation will be done before May 7, as that is when I am presenting! Thanks for all of your time in the past few months!
https://docs.google.com/presentation/d/1i9VVSdbDeSmUIB2t5gMRRlnheTNkx4bVbELEMi1If9w/edit?usp=sharing
Signing off,
Kayvon Tadj
Monday, April 25, 2016
Saturday, April 9, 2016
Hey all, thanks for dropping in again this week! I'm happy to announce that I have finally finished up my market research this week! With this comes some great and not so great news. I'll start with the good news first! Since I have finished my market research, I am able to somewhat accurately describe the state of the market and the different its different costs, from production to retail to use. I have also calculated the approximate number of solar inverter sales world wide (and within the United States) as well as the approximate energy they collect and amount they cost. Unfortunately, I am not able to discuss these exact digits on this blog; however, they bring me to my conclusion (which I can and will share).
Along with my conclusion, comes the aforementioned bad news. Since the market is relatively new and continuing to advance (with much room for competitors), it is saturated. Due to this market saturation and excessive competition, selling price is rapidly decreasing while cost of advancement, production, and distribution stay steady. Therefore, I have concluded that Intel should NOT invest nor participate in the current market (as it is a bad idea to join a market while the price is decreasing). Although at first the realization was a bit disheartening, I kept a few thoughts in mind: the research was still necessary and would have eventually been need to be conducted by somebody; secondly, the information I acquired can still be used in years to come as competitors and consumers stay constant; finally, the experience I gained from doing hands on research is a prize in itself, regardless of if the conclusion was undesirable.
That's about it for this week! Thanks again and stop by next week for my wrap up/summary!
Signing off
Kayvon Tadj
Along with my conclusion, comes the aforementioned bad news. Since the market is relatively new and continuing to advance (with much room for competitors), it is saturated. Due to this market saturation and excessive competition, selling price is rapidly decreasing while cost of advancement, production, and distribution stay steady. Therefore, I have concluded that Intel should NOT invest nor participate in the current market (as it is a bad idea to join a market while the price is decreasing). Although at first the realization was a bit disheartening, I kept a few thoughts in mind: the research was still necessary and would have eventually been need to be conducted by somebody; secondly, the information I acquired can still be used in years to come as competitors and consumers stay constant; finally, the experience I gained from doing hands on research is a prize in itself, regardless of if the conclusion was undesirable.
That's about it for this week! Thanks again and stop by next week for my wrap up/summary!
Signing off
Kayvon Tadj
Saturday, April 2, 2016
I did absolutely nothing this week and this is the end of my post... APRIL FOOLS! Sorry, I couldn't resist!
Hello all and welcome back! I hope you all had a wonderful week! As I mentioned in the last blog, I focused on market research throughout this week. This involved looking at potential consumers and competitors in the market.
Let's start with the consumers; these are the companies that currently produce the basic solar inverters. Intel's job is to convince them (which should not be too difficult as they always want to improve their products) to employ microcontrollers and microprocessors produced by Intel within these solar inverters. Through my research, I have found specific models from each company (listed in my previous post) and which purpose they serve: resident, industry, or utility. Then, I downloaded the data sheets of each inverter in order to understand its composition. Sure enough, not a single inverter had any complicated or advanced parts integrated into them. Tomorrow morning, my adviser and I will be deciding which types of inverters can Intel help create (hopefully all of them)! This research, in a way, helped with the research on competitors as well: after studying a data sheet, I was able to see which microchip companies (for example, Texas Instruments) were involved.
Studying the competitors was really the most difficult part of the market analysis as their role is so minor as of now. Aside from knowing about their involvement, I was not able to find a shred of information on the specific types of chips the companies used or their prices. My adviser had predicted this would happen; luckily, he has a good idea of the companies' roles as he has worked at a good number of them. Although the marketing/business side of the project is a bit more bland than the engineering part, I love that I am learning how to conduct research in this field (although not 100% successful). Lastly, at our meeting tomorrow, we will be discussing the market size of inverters and microchips, so I should be able to give a thorough explanation of it once I understand it more.
That's it for this week! Thanks again for reading!
Hello all and welcome back! I hope you all had a wonderful week! As I mentioned in the last blog, I focused on market research throughout this week. This involved looking at potential consumers and competitors in the market.
Let's start with the consumers; these are the companies that currently produce the basic solar inverters. Intel's job is to convince them (which should not be too difficult as they always want to improve their products) to employ microcontrollers and microprocessors produced by Intel within these solar inverters. Through my research, I have found specific models from each company (listed in my previous post) and which purpose they serve: resident, industry, or utility. Then, I downloaded the data sheets of each inverter in order to understand its composition. Sure enough, not a single inverter had any complicated or advanced parts integrated into them. Tomorrow morning, my adviser and I will be deciding which types of inverters can Intel help create (hopefully all of them)! This research, in a way, helped with the research on competitors as well: after studying a data sheet, I was able to see which microchip companies (for example, Texas Instruments) were involved.
Studying the competitors was really the most difficult part of the market analysis as their role is so minor as of now. Aside from knowing about their involvement, I was not able to find a shred of information on the specific types of chips the companies used or their prices. My adviser had predicted this would happen; luckily, he has a good idea of the companies' roles as he has worked at a good number of them. Although the marketing/business side of the project is a bit more bland than the engineering part, I love that I am learning how to conduct research in this field (although not 100% successful). Lastly, at our meeting tomorrow, we will be discussing the market size of inverters and microchips, so I should be able to give a thorough explanation of it once I understand it more.
That's it for this week! Thanks again for reading!
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