Statement of the Business Proposal essay

Statement of the Business Proposal essay Statement of the Business Proposal essay Statement of the Business Proposal essayAt the moment, AESL faces the problem of the enhancement of the prevention of problems into the electrical network. Customers of the company need the efficient system of the identification of problems to resolve them fast because this is the only way to maintain the stable electricity supply to customers. In such a situation, the company has to introduce the new system that allow conducting the surveillance over the network and reporting to customers about identified problems that affect the functioning of the network. In this regard, the enhancement of AESL performance through the aerial inspection service for electrical power distribution networks using sensors integrated onto an autonomous uninhabited aerial vehicle (UAV) is one of the major priorities of the company. To enhance AESL performance, the new system can be introduced – ENSARS. ENSARS Electrical Network Surveillance and Reporting Service (ENSARS: Project 7057.141) will p rovide a full inspection service for power distribution networks.AESL NeedsFirst, AESL needs to collect the information the network and identify failures that will help the company to inform customers about actual problems or disruptions of the network that can stop the electricity supply via the network. The introduction of aerial inspections is one of the urgent needs because this is the most efficient way to track the network and identify possible problems.As the company collects the data on existing problems and failures of the network, it has to process the information properly. For instance, some problems may be crucial, while other may be insignificant and cannot interfere into the performance of the network. The information obtained from the aerial inspection has to be processed to range problems and to decipher information obtained after the aerial inspection.The next step is the analysis of data collected in the course of the aerial inspections and information processed af ter the inspection. In this regard, the analysis will involve ranging threats and problems, identifying the most urgent ones and the least urgent ones; developing recommendations for customers how to resolve existing problems: forecast possible impact of problems on the electricity supply and customers.Finally, the customer has to develop the effective system of reporting to customers. What is meant here is the fact that the company should not just report to customers about the problem but also they should provide the information in the plausible and coherent way. For instance, customers may fail to understand properly warnings of the company about the identified problems, if the information is presented in highly technical form and customers cannot always understand the real scope of problems reported.AESL SolutionThe proposed solution is the development of ENSARS. ENSARS Electrical Network Surveillance and Reporting Service (ENSARS: Project 7057.141) – that will provide a full inspection service for power distribution networks. The new system will enhance the performance of the company and resolve its key problems because it opens new opportunities for identifying the problem and reporting them to customers. Moreover, ENSARS will involve automatic processes mainly that will increase the accuracy and independence of the system and effectiveness and speed of reporting to customers.The proposed solution will include four key steps. First, designing the system is essential since ENSARS is a brand new system that needs to be designed first. The design of the new system should match the needs of the company mentioned above. Second, the company should build ENSARS that means the development of the required software, purchase of the equipment and transportation, including the equipment of aircrafts with photo- and video-equipment required for monitoring; singing contracts with suppliers of hardware, software, fuel and other essential items. The third step is operating ENSARS that will involve the training of the personnel of the company to teach them how to use the full potential of the new system and start running the system, when employees of the company are ready to use it. Finally, the company has to maintain the new system and this is the final step to complete the implementation of the proposed solution. The maintenance of the system will involve the employment of the maintenance staff and training of employees responsible for the maintenance system. The system will also need repair and regular upgrade to keep the system up-to-date.RisksOne of the major threats to the proposed system is the risks of information breaches because the company will need to have access to private information of customers to be able to communicate and report problems in the network. Therefore, while introducing ENSARS the company will also need to enhance its information security system.The failure of the system to detect problems is another risk since the proposed system may fail to identify all the problems of the network because some problems cannot be uncovered with the help of the aerial monitoring.Furthermore, there is a risk of communication gaps between the system and customers because of the complexity of reporting or customers’ distrust. If customers are not confident in the reliability and safety of the proposed system, they will not trust it and they may oppose to its wide implementation.Advantages and disadvantages of the systemThe major advantages of ENSARS are regular monitoring and large scope of monitoring. The aerial monitoring will take place regularly as the aircraft will fly regularly to record possible changes in the network and problems that can occur. Aerial monitoring covers the large space in short time that expands the scope of monitoring and allows the company to track problems fast.The major disadvantages of the proposed system are: first, aero monitoring may be not always accurate and, second, high costs of implementation.ScheduleThe implementation of the solution will undergo the following stages:Identification of goals of ENSARSDesigning of ENSARSDevelopment of operational plan of the functioning of ENSARSMaintenance and control over ENSARSEconomic AnalysisThe financial data presented show the clear trend to the steady improvement of the company’s performance due to the introduction of the new system. ENSARS will become profitable in three years and start brining return on investments with the net profit increasing from 1.54% in 2014 to 5.36 in 2016.