IS427:AY1314T1 Europe (G1) - Organizations: Lille: Giroptic

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Giroptic-Logo.png


About Giroptic

Founding Team

Technology

Business Model

Collaborations& Activities

SWOT Analysis

Strengths
  • (Product) Convenient


- No need for multple cameras or angles
- Compact and functional, portable

  • Caters to different customer needs
  1. Variances in products and services (packages)
  2. Venturing into a B2B2C model to reach consumer-end products
  • Comprehensive & usable software
  1. Virtual Tour Suite needs little technical skill, expertise or experience to use
  • Product outreach
  1. Collaborations: Kolor (online platform that offers image-stitching software, virtual tour software and panoramic photography hardware). Though discontinued recently, they have an established customer base there.
  2. Collaborations: Mobile app test concept for real estate: The Picket Fence
Weaknesses
  • Need internet connection to utilize software
  1. Widget, software doesn't run locally, no offline mode
  • B2B2C preposition still in transition
  1. Still transitioning, lackluster in adoption
Opportunities

* (Enhance): Offline version
* (Expand): Online mediums
* (Expand): Conservation projects
* Security companies: e.g. Ademco

Threats

* Competitive services: Imatronics
* Similar products: GoPro
* B2C market players: Bubblescope
* Other imaging technology offerings: redsea, 360vr

Proposed Business Strategy

Proposed Market Strategy

Key Learning Points

References