Best Ideas 2020 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.
Explain your idea in details:
We are an automated public transport fare collection service. As a commuter boards a taxi, minibus-taxi, or bus, they make payment using our Duella issued NFC smart card on a tap-and-go edge intelligence device we refer to as the Paygate. The device, smart card, and app are the innovations. The app enables users to book, track, and monitor rides, the app enables non=smartphone users to transact, while the Paygate processes transactions, collect data and renders services even when there is no connection to the Duella cloud. While the Paygate may seem unintuitive, it is critical for success as the bulk of trading Africans as well as operators do not use smartphones. Reliable hardware that is versatile and tamper-proof is a requirement to guarantee transactions happen on the network. For the commuter, we provide a clear line of sight on their daily commute. This includes: best possible, and most efficient routes recommendations, travel cost as well as spend summaries and projections, departure and arrival times, trip duration estimates, transport location tracking & commute logs to mention a few. From managing their accounts to those of their loved ones, through to long-distance travel planning, crowd logistics, events, and location access, the possibilities and opportunities for personal value-adding daily progress are endless with Duella. For the operator and business owner, we provide a birds-eye view of all business operations, activity, and expenses for the day, week or month, with an accurate record of historical insights. Using the global data that Duella gathers, we provide operators with on-demand, near real-world business financial reports, statements and predictions as a fully automated service. Also, a minimum of six new additional revenue streams outside of simple transportation are created for them. Thus, we empower operators to realise exceptional financial gains
Expected impact of your idea on sustainable development
In Year-0 we'll deploy 3,000 Paygates that are projected to raise $8.5 million in gross profit and bring the business to $54 million valuation in Year-1 (at 2years old). In the same year, we intend to roll out six additional services over two years, namely: Value Added, Mediation, Crowd Logistics, Advertising, and Auxilliary Services based on SaaS, PaaS and IaaS models. As the purpose of this is to maximise profits and investor returns, the next major milestones that follow are to develop the Duella app into a super-app. From this point forward we shall commence Artificial Intelligence and Machine Learning experimentation to analyse traffic density data, demographics, vehicle sensor data, and full-spectrum onboard diagnostics. We expect to achieve all of this within a 10-year window until we are capable of building our own platform-independent vehicle-mounted computer with ambitions to advance into autonomous driving at the year 10-12 mark. Operator Benefits A. Time-saving payment automation B. Loss & cost recovery on microtransactions C. P2P Conflict resolution via smart contracts D. Real-time, and on-the-go onboard diagnostics performance & maintenance data E. Vehicle usage tracking, monitoring & abuse prevention F. Real-time route telemetry on the go G. Route wide P2P communications with one-click alerts and notifications H. Value add services & alternative revenue sources I. Front and rear (dashcam) auto incidents footage capture Commuter Benefits A. Time-saving by order of 15-30min or 30-45 min per day B. Commute timing, scheduling and budget managing C. Feature-packed, experiential convenient commute D. Lost & Found artefacts tracking and recovery E. Line of sight on trips and trip advisory F. Route planning and telemetry, e.g. speed, bearing, weather etc. G. Duella Multiple service delivery redundancies (smartcard, mobile app, used etc.) H. Operator services & performance reviews as well as requests I. Direct communications with previously used transport or operator J. Commute spending trends and analysis. Marshal & Vendor Benefits A. Operator and route best practices monitoring B. P2P Smart contracts enforcement and oversight C. Operators and route conflict resolution D. Revenue source areas multipliers through paygate capabilities E. Value-added service and product offerings F. Global route navigation & management
Plans for implementation and sustainability
Our business model is that of a Platform and Infrastructure as services (PaaS and IaaS). With our core fare collection service, we raise our revenue from a 12% commission fee per service from over 500,000 transactions per day with just 3,000 Paygates in a market with over 20,000 operators. To aid us go-to-market, we have the support of three local organisations: Local Enterprise Authority (LEA), Citizen Entrepreneurship Development Agency with intent equity investment $5 million. Followed by a local Investment firm (undisclosed) with an equity investment of $10 million. Outside of these, we have promises of corporate business from some of the biggest companies in the country. Including support from three international entrepreneurship development and seed capital providing organisations.
Entrepreneur, Systems Engineer, Innovator, ICT Consultant, Business Developer, and Thought Leader Victor Shabani (34 years) currently holds computer science majors in electronic commerce and business management, with over 14 years of extensive business experience in the ICT space as a systems engineer, business development manager, and technology entrepreneur. Mr. Shabani has had extensive business development experience participating, engaging, and leading in disruptive technology businesses such as Kazang Botswana. He has deploying complex Performance Management & Learning Management Systems for the likes of BIHL, BDC, Debswana, etc. As an ICT consultant in the digital transformation, 4IR, and digital economy business models, practices and approaches - Victor has played a significant role in advising technology projects, eLearning interventions, digital induction, digital literacy, and transformation projects. He has successfully participated in the delivery and development of projects in both private and public sectors such as BURS, MESA, SADC, MLH, LUCT, etc. As a contributor to technology development trends in the country and abroad, Victor Shabani has had a long history and continues to participate in conversations on national radio, television, as well as local and international conferences such as the Gaborone 2018 International ICT For Sustainable Development Conference and Dakar, Senegal 2nd African Union (AU) Electronic Commerce Conference 2019 among others as a thought-leading panelist and/or discussant. Victor Shabani holds a 2010 Ministry of Trade Award for Best Youth-Led Business in the Service Providers Sector, a 2015 KBL Kickstart nomination Award, and 2016 Grand Thornton Business Awards participation recognition. Victor has completed courses in Artificial Intelligence, Machine Learning, RFID, NFC and Blockchain Technologies, MIT SLOAN Internet of Things, Digital Transformation, Big Data, Data Science, Business Intelligence, DevOps, Digital Experience, Agile Leadership, and Management