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RoboAds

Video conferencing platform for digital signage screens

UAE
Market: Internet and IT, Telecommunications, Robotics, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 11.10.2020
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Idea

The global pandemic has taken a significant toll on people and businesses, particularly in service sectors where physical presence is essential.

RoboAds is rising to the challenge, helping people and organizations navigate massive workforce shifts and to establish business continuity. Introducing Aqses, a new innovative platform that allows users at different locations to hold face-to-face meetings via digital signage screens. The screens can be placed at schools, malls, hospitals, tradeshows, airports and other high traffic areas, offering an exceptional virtual telepresence experience

Current Status

Aqses platform is fully developed and ready to market. We are adding new customisations to meet the specific requirements for our first client. With zero marketing and prior to our official launch, our current first project is valued at 750,000 USD.

Market

The digital signage kiosk can be placed at the reception desk, malls, customer support desk, airports, tradeshows and other high traffic areas.

We are targeting B2B companies that include service workforce.

The video conferencing market value was estimated to be worth 27.25 Billion USD during 2023. As there are no concluded studies during 2020, we assume that it has been reached many multiples due to Covid19.
The digital signage market is estimated to reach 28 Billion USD during 2023

Problem or Opportunity

Millions of people work in the service industry as customer service, sales, promoters. Due to lockdowns and travelling restrictions, they are no longer able to reach their workplace.


Our client has hundreds of promoters that work in supermarkets, malls and airports. Due to the pandemic, there has been travelling and lockdown restrictions that withheld promoters from reaching their work, causing a huge drop in sales.

Aqses platform has been designed from the ground up as a solution to the urgent market needs. The market service sector is in high need for a telepresence solution which will allow users to work from home but become virtually tele present.

The digital signage screen can be placed in malls, hospitals, airports, tradeshows and other high traffic areas. Users can login and initiate a teleconference by using the Aqses App, allowing them to communicate verbally and visually with clients.

The Aqses app offers an exceptional virtual telepresence experience which will enhance customer service while saving countless people from loosing their jobs.

Solution (product or service)

The user is at home or at the office, they can open the Aqses app and log into the assigned kiosk location. Within a few seconds, a video teleconference will be initiated and they will be able to talk to walking by clients, answer their questions and support their requests.

Our in-house development team has developed both software and hardware.

Competitors

The concept of telepresence is mostly famous in the robotics market. Ex: Double Robotics.

One of the few competitors in digital signage teleconferencing is Kioware.

Advantages or differentiators

One of the key advantages of Aqses is that it has been designed from the ground up for better communication and collaboration. Team members have access to chat as well as using the teleconferencing module.
At RoboAds, we are also focusing on improving digital identification for better eKYC (Know your customers). This will allow clients to identify themselves and register their details through the Aqses platform which can further be integrated into 3rd party CRM systems.

Our experience in workforce management and attendance solutions allowed us to build a new form of workforce teleconferencing management.

Finance

Hardware
STARTING PRICE OF $1500 AED PER kiosk

Software

Teleconferencing module: Starting price of $190 per screen/monthly
Users: Starting price of $5 per user/month

Expected Sales
Year 1: $3.49 Million
Year 2: $6.99 Million
Year 3: $18.96 Million
Year 4: $37.92 Million
Year 5: $56.88 Million

Business model

App
The Aqses app is a free communication and collaboration chat. Users can download for free

Enterprise
When a company would like to add a user to their business portal, we charge per user/year

Modules
We offer several modules, starting with the teleconferencing module.

We will be offering a discounted price to distributors which will resell RoboAds solutions in their territory. We will be selling directly to clients in countries where our offices are located.

Money will be spent on

WITH THIS ROUND OF FUNDRAISING WE WILL:
FUND THE UPCOMING PURCHASE ORDERS WORTH $ 750,000 (FIRST PHASE ONLY).
RAMP UP TECHNOLOGY TO ADD SIGNIFICANT FEATURES TO OUR MOBILE APP.
ADD IN SIGNIFICANT DATA ANALYTICS CAPABILITIES.
ENHANCE OUR ARTIFICIAL INTELLIGENCE ALGORITHMS.
RAMP UP HIRING.
COMMENCE BROADER MARKETING.

Offer for investor

In the process of negotiations

Team or Management

Risks

One of the risks we see in the future is the change of trend towards Google AR which we expect to allow users to have live teleconferencing via Google Glass.

We intend to develop our solution to be compatible with new hardware that might arise. Till then, we are focusing on building a sustainable user base which.

Incubation/Acceleration programs accomplishment

No, we did not take part of any accelerator programs yet. However, we are currently in the process of applying.

Won the competition and other awards

We have been chosen between 400 companies to pitch to the UAE telecommunication company Etisalat. We are awaiting the final results.

Invention/Patent

US Patent application number: 62948005

This application is a utility patent, focused on hardware covering RoboAds Robot, the world's first and only fully autonomous digital signage robot with four 55 inch screens.

Photos

Photo 1 - Video conferencing platform for digital signage screens
Photo 2 - Video conferencing platform for digital signage screens
Photo 3 - Video conferencing platform for digital signage screens

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video