E – Business CASE STUDY

DICKO SALKE

BUSINESS DESCRIPTION:

« INNOCENTIVE » is a virtual portal that unites companies institutions, organizations and famous scientists engaged in different activities.It is a powerful platform that allows big companies to boost the innovation.

CUSTOMERS:

The goal of « INNOCENTIVE » is to give the possibility to scientists or researchers to take part in decision-making of problems.

« INNOCENTIVE » virtual platform are « seekers » and « solvers ».

Seekers are corporations, organizations finding solutions

Solvers are people (scientists, inventors …) with expertise in life, they present solution to problem and challenges.

The customers are all those people

OWNER OF THE BUSINESS:Alpheus Bingham is the fonder and owner of « INNOCENTIVE »

Problems solved:

The main goal of « Innocentive » is to come up with solutions together to different « challenging problems » like : Time saving Money saving Earning money Gaining Fame and recognition

REVENUE SOURCES:

« INNOCENTIVE » pays the solution solvers and charges seekers with a margin between 60% and 100% for the servive offered.

Clients also have to pay 2000 dollars to post their problems.

Employees also have revenue from advices.

COMPETITORS:

AVANTIUM TECHNOLOGIES: It is a leading technology company specialized in advanced high-throughput R&D for applications in the energy, chemicals and pharmaceutical industries.

SYSCOM: It’s a team of architects, database administrators, business analysts, project managers and much more. This team works around the globe solving business problems.

ONLINE BUSINESS?

INNOCENTIVE business model is an online model based on research and development.