Enterpreneurship Management

Presented By:
Ahmad Raza
Md Rizwan Ansari
Executive Summary
• We ACE technology make translator device, our translator device company is a
technology-driven business that aims to break down language barriers and improve
communication for people around the world. Our products are designed to provide real-
time translation capabilities for users, allowing them to communicate seamlessly in
multiple languages.
• We use cutting-edge artificial intelligence and machine learning technologies to ensure
that our devices are accurate, reliable, and user-friendly. Our team of expert engineers and
linguists work tirelessly to develop and refine our products, ensuring that they meet the
highest standards of quality and performance.
• We have a strong focus on customer satisfaction and believe that our products can make a
meaningful difference in people's lives. Our goal is to become a leading player in the
global translation market, and we are committed to investing in research and development
to stay at the forefront of this rapidly evolving industry.
• With a strong track record of success and a passionate team of professionals, our translator
device company is poised for growth and ready to take on the challenges of the future.
Our Mission
• Our mission as the translator device company is to empower individuals
and organizations to communicate more effectively and break down
language barriers. We believe that language should never be a barrier to
human connection and that everyone should have the opportunity to
communicate with others regardless of their language.
Our Vision
• Our mission is to bridge between languages and cultures by connecting
people across our multilingual world for a better understanding of the
human expression.
• we strive to be the missing link between worlds in this way exploring
new ways to connect people around the globe
Industry Analysis
The global translator device market was valued at $2.2 billion in 2020
and is expected to grow at a CAGR of 14.7% from 2021 to 2028,
reaching a market size of $7.3 billion by 2028.
Competitor Analysis
iFLYTEK :
Revenue CAGR
Market Share
$2.75b 14%
(not available)
(2020) (2021-2025)
Company Description
Ace technology is a real time translator device which is available 75+
language, serving tourist, travelers, business and government
organization, its core business is manufacture translator device, AI and
fundamental speech technology research.
Our founder realize that on their gulf visit, workers are not understanding
their senior instruction and unable to tell his problems to the management
due to language barriers. So he decide to develop a device which is
translate language what they preferred on real time.
This is how the ACE technology comes to existence.

Economics of the business
• Production cost: The cost of producing translator devices includes the cost of raw materials,
manufacturing, and assembly. The cost of components such as microphones, speakers, and
batteries can also impact the production costs. The economies of scale can be achieved by
producing larger quantities, which can help to reduce the cost per unit.
• Research and development: The translator device business requires significant investment in
research and development to develop and improve the technology. Companies must invest in
NLP technology, voice recognition, and speech synthesis to provide accurate and natural-
sounding translations.
• Marketing and distribution: The cost of marketing and distribution can impact the profitability
of the business. Companies must promote their products and make them available to customers
through retail stores, online channels, or partnerships with other companies.
• Competition: The translator device business is highly competitive, with several established
players such as Google, Microsoft, and iFLYTEK. New entrants face significant challenges in
entering the market due to the dominance of these players.
• Pricing: We make our device affordable so even low budget person can purchase our device.Ace
technology decided the price of our precious product is only $20
Marketing Plan
• Marketing is an essential aspect of our business. We have an effective marketing plan that can help our company reach its
target market, build brand awareness, and generate sales. Some keys area for our business include:
• Branding: We develop a strong brand identity awareness and trust with customers through 360 degree marketing. This
involves creating a unique brand name, logo, and messaging that effectively communicate the company's mission and
values.
• Market research: Our R&D team Conduct market research for understanding the needs and preferences of the customer to
target the potential market. This involves gathering data on customer demographics, behavior, and preferences, as well as
market trends and competitive offerings.
• Product positioning: Positioning of our company effectively in the market is critical for attracting and retaining customers.
This involves identifying the unique features and benefits of the product, and communicating them effectively to the target
market.
• Marketing channels: Our R&D team Help Company to choose the right marketing channels to reach the target market is
important for maximizing the impact of the company marketing efforts. This may include digital channels, such as social
media and email marketing, as well as traditional channels, such as print and broadcast advertising.
• Sales strategy: Our Sales and Marketing Head Mr. Debabrata sengupta and team develop an effective sales strategy for
converting potential customers into paying customers. This may involve offering promotions and discounts good customer
experience and services.
• Customer relationship management: We will Build strong relationships with customers for generating repeat business and
positive word-of-mouth referrals. This involves providing excellent customer service, responding promptly to customer
inquiries and complaints, and soliciting customer feedback to improve the product and service offerings.
Operation Plan
• Production: We plan to establish our production plant in Greater Noida,
and source required raw material from nearby cities.
• Quality Control: For ensure high quality products for building a
reputation and customer loyalty. We hired QC engineer.
• Supply Chain Management: We tie-up with courier company like DHL,
FEDEx for supply our product.
Management Team and Company
Structure:
Mr. Bilal Ahmed Khan
(CEO)
Mr. Jamil Saudagar Mr. Sharique Nisar Mr. Debabrata Sengupta Mr. Nagendra Aswatha
(CTO) (CFO) (Sales & Marketing head) (Operation Manager)
Financial Projection
Business Licenses 0.1
Incorporation Expenses 0.1
Deposits 1
Bank Account 1
Rent 0.05
Interior Modifications 0.2
Equipment/Machinery Required: 5
Item 1 2.5
Item 2 2.5
Item 3 2.5
Total Equipment/Machinery 12.5
Insurance 0.1
Stationery/Business Cards 0.1
Brochures 0.2
Pre-Opening Advertising 0.5
Opening Inventory 5
Other (list):
Item 1 2.5
Item 2 2.5
TOTAL STARTUP EXPENSES $25 MILLION

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This is how the ACE technology comes to existence.

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