Explain your project in details:
The S-HomeDev is a locally fabricated electronics device specially design for home and office smartness. S-HomeDev is composed of basic electronic and embedded systems components, Sensors network and Application softwares that work with Smart Phones and PCs'. It is developed with C-Programming Code and IoT technology. The printed circuits board is designed with KiCAD open-source software and etched with Ammonium Persulphate. It interconnects mechanical and digital devices to form a network by communicating with each other through an interactive user interface. The production is cheap, yet, smart, rugged and meets international standard design. The project comprises of different circuit blocks and all the blocks have been separately simulated and while some have already been fabricated. The S-HomeDev innovation is aimed at improving the quality of life and is geared towards providing security, energy management, water management, and a reduction in environmental emissions to over 20 million houses in Nigeria and other related countries.
Impact of your enterprise on sustainable development
S-HomeDev majorly tends to proffer solutions to the various challenges faced in Nigeria and other African countries where challenges such as insecurity, environmental emission, inefficient energy optimization and water management problem abounds. A greater percentage of Nigerians/Africans also faced with a stressful life. With S-HomeDev, a greater part of their repetitive daily activities will be taken care of, thereby providing more time to relax and direct it towards other productive activities and even be alerted in case of any intruder or fire outbreak in the house. With the complete implementation of S-HomeDev, the quality of life would be improved, as well as the standard of living. The device automate home appliances and, essential utilities remotely. It helps in properties protection because property damage can disrupt life through forces of fire and lightning. Even the disabled and people living with health challenge in the society are beneficiaries of this device.
Sustainability and future plans
Our market and research and logistics shows that sustainability of the product will greatly be influenced by how many people can afford it and availability of production materials and equipment. Averagely 53% can afford it and production materials can also be easily found in Lagos, Nigeria. Our targets customer-base for S-HomeDev are Governments, Non-Governmental Organizations (NGOs), Philanthropists, corporate bodies, estate owners and individuals, who would be implementing several housing and community projects. Averagely, S-HomeDev production cost ranges from as low as $200 to $2000 (62000 - 620000 Naira) depending on the version and power ratings and Selling cost ranges from $300 to $3000 (93000 930000 Naira). For investment of $100000, the breakeven point will be 1000 units at maximum. We shall be focusing on these three marketing stractegies: Content, Digital and Referral method to attain the break even point on time. For the future growth, most of the net income on the products sold will be re-invested to the business to have more access to raw materials which is easier and cheaper. The improve version of this products will be S-CityDev which can coordinate other installed S-HomeDevs centrally. We will solicit with Federal Government to encourage the installation in every new homes/offices and sponsor it for existing homes/offices since everyone seeks energy optimization and security. The installation of this project alone in home and offices can create job opportunities for at least 200,000 youths in the related field of study. Sinnot Technologies have other home supported innovative products aside S-HomeDev and this include: Sinnot Digital Inverter, Surge Protector, Automatic Transfer Switch, Power Boosters , etc. Our training platform shall be used in raising other skilled entrepreneurs. Our researches and mentoring program shall be tailored towards personal developments, products advancements and youths empowerment.
Your profile as an entrepreneur
Adedokun Ayobami, 29 years, a native of Ibadan, Oyo state, Nigeria. He had a distinction grade in Ordinary National Diploma with a Second Class Upper (Hon) in Electrical Electronics Engineering at Federal Polytechnic Ede, Osun state and a Bachelor of Engineering (B.Eng) in the same discipline at the Federal University of Technology Akure, Ondo state. He is a dynamic young entrepreneur, with a penchant for innovation. Ayobami is versed in electronics design for solar inverters, embedded system and smart home innovations. He has served in various leadership positions both at the local and state level. He was a recipient of the NYSC State award in Anambra state for innovative contributions to the technical educational sector of the state. He is also a devoted Christian. He is the Chief Executive Officer of Sinnot Technologies, and is a member of several reputable bodies - Tony Elumelu Foundation Alumni, IEEE, NSE, NIEEE, ISMN, YALI and Adansonia Entrepreneur 2017. He is currently based in Akure where he runs his Masters program at the Federal University of Technology, Akure (FUTA) with his research focused on Renewable energy impacts and Communication protocols in Smart Home and Smart Cities.