Market scope and detailing of the demand profile for the first year of operation:
The Smart glove will change the way the deaf community interacts with those who do not understand sign language. Being unable to convey information is not just frustrating but it also reduces the confidence an individual has. Through the advent of this product the aim is to bring about a positive impact to the lives of deaf people.
In Ireland alone, there are roughly five thousand deaf people who communicate with sign language as their first language. In many cases, the Smart glove will be able to entirely fill roles for this community that previously required translators. This will not only make everyday tasks easier for the deaf community, but it could also change the operation of organizations such as academic institutions and hospitals. The Helping Hand fills a gap in the market as there is no current technology that can instantaneously translate sign language to written or spoken words.
The idea of Bluetooth translators that can translate spoken languages in real time, but there is nothing that can translate sign language in real time because people forget it is another language.
Thought Process: “In most areas, deaf and hard of hearing residents can only seek emergency assistance from a 911 call centre (also known as a Public Safety Answering Point or “PSAP”) by using a TTY or a relay service, both of which are time-consuming. “ -National Association of the Deaf
a. Value Proposition