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Lean Canvas Model

The document presents a Lean Canvas business model for a smart lock system for dormitories at UiTM Perlis. The system uses IoT technology to allow smartphone-controlled access and monitoring of dorms, addressing problems of lost/stolen keys and unauthorized access. It offers secure, convenient access and real-time monitoring as its unique value propositions. Revenue would come from one-time installation fees and monthly subscription fees for the access control software. The target customer segments are students living in UiTM Perlis dorms and the university administration.

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4CMOHAMAD AIZAT ASNAWI BIN MOHD HARON
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40 views1 page

Lean Canvas Model

The document presents a Lean Canvas business model for a smart lock system for dormitories at UiTM Perlis. The system uses IoT technology to allow smartphone-controlled access and monitoring of dorms, addressing problems of lost/stolen keys and unauthorized access. It offers secure, convenient access and real-time monitoring as its unique value propositions. Revenue would come from one-time installation fees and monthly subscription fees for the access control software. The target customer segments are students living in UiTM Perlis dorms and the university administration.

Uploaded by

4CMOHAMAD AIZAT ASNAWI BIN MOHD HARON
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Designed for: Designed by: Date: Version:

The Lean Canvas Dr. Ahmad Yusri Bin Mohamad Aizat Asnawi 18/01/2024 1.0
Dak Bin Mohd Haron

Problem Solution Unique Value Prop. Unfair Advantage Customer Segments

• Lost or stolen keys • Smartphone-controlled • Secure and convenient • First-mover advantage in • Students living in UiTM
• Unauthorized access to access to dorms smartphone-controlled the UiTM Perlis dorm Perlis dormitories
dorms • Real-time monitoring of access to dorms market • UiTM Perlis administration
• Inconvenient lock/unlock dorm access • Real-time monitoring of • Proprietary IoT technology
process • Convenient lock/unlock dorm access for both for secure and reliable
process students and access control
administration
• Reduced risk of lost or
stolen keys

Existing Alternatives Key Metrics High-Level Concept Channels Early Adopters

Traditional Mechanical • Number of dorms equipped A secure and convenient • Marketing to students • Tech-savvy students
Locks: with the smart lock system smart lock system that uses through dorm channels and • Students who have had
• Pros: Familiar, low cost, no • Number of active users IoT technology to improve social media problems with lost or stolen
dependence on • Customer satisfaction dorm security and student • Partnerships with student keys
technology, work offline. rating experience at UiTM Perlis. organizations and local • Students who value
• Cons: Prone to theft, key businesses security and convenience
duplication, lost keys,
inconvenient access
control, no monitoring
capabilities..

Cost Structure Revenue Streams

• Hardware development and manufacturing One-time fee per dorm room for installation and hardware :
• Software development and maintenance - The one-time fee is simply the cost to pay once to get the smart lock installed in
• Marketing and sales costs student’s dorm room.

Monthly subscription fee for access control software :


- The monthly subscription fee is a recurring charge paid by users (either students or
UiTM Perlis) to access and use the software that powers the smart lock system.

Lean Canvas is adapted from The Business Model Canvas (www.businessmodelgeneration.com/canvas). PowerPoint implementation by: Neos Chronos Limited (https://neoschronos.com). License: CC BY-SA 3.0

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