Preview

Segway Case Analysis

Good Essays
Open Document
Open Document
579 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Segway Case Analysis
From the product information leak to the day Ginger was officially introduced to the world on Good Morning America in 2001, the Segway was being hailed as revolutionary product from a renowned inventor. While only a handful of individuals actually knew the specifics of the product, it was communicated as the future of transportation and possibly the most innovative invention since the internet or automobile. However, after its world debut, many believe it has not lived up to the hype. With government intervention, uncertain demand from the consumer market, and a high selling price, the Segway faces a tough battle to officially be deemed a success. The Segway itself has both positive and negative attributes relating to its product development. On the positive side, the Segway is revolutionary in that it serves as an extension to the human. “No engine, no throttle, no gearshift and no steering wheel. And it can carry the average rider for a full day, nonstop, on only five cents’ worth of electricity.” Unlike all other forms of transportation, the Segway does not demand all the navigational tools to become mobile. Developed with the use of various microprocessors, the machine conforms to body movements in the acts of propelling oneself in any direction while maintaining balance. Additionally, the Segway can be used on various terrains, which increases the likelihood for a strong demand in both the government (e.g. military) and commercial demand. As the article put it best, the Segway is “cheap, clean, efficient, [and] maneuverable.” Despite all the benefits of the Segway and the careful thought process that went into its production, it still faces a large concern; will this machine be viewed as a toy? This is the primary concern of Kamen and rightfully so. Kamen knows that many consumers will view it as an expensive toy as opposed to a revolutionary form of transportation. Additionally, since the Segway’s physical design is not visually ground-breaking, it does

You May Also Find These Documents Helpful

  • Powerful Essays

    It was a cold dreary morning on December 20, 1999 as Dean Kamen – inventor, founder and owner of DEKA, a Manchester, New Hampshire R&D company – began his annual speech to his employees. The entire staff had gathered “to hear him talk about the past year, the year ahead, and whatever else had been gnawing at him lately. The speech was usually equal parts lecture, oration, pep talk, and homily, all of it seasoned with wisecracks. After the speech, Dean always called each employee’s name and gave out Christmas bonus checks, along with handshakes for the men and hugs for the women.”1[77] Bonuses were especially important at DEKA, where engineers worked for below-market salaries and received no stock options. Now Kamen was wondering if he could continue this approach. DEKA had attracted some of the brightest engineers because of Kamen’s allure and DEKA’s cutting edge projects. But for the first time, recruitment and retention were becoming issues. In the midst of the Internet boom, many of the most attractive engineering candidates were looking for positions that offered compensation packages that included stock options and salaries higher than what Kamen was willing to offer. Kamen’s long-time friend and most trusted lieutenant, Mike Ambrogi, had recently accepted a job at Sycamore Networks, which had offered Ambrogi a lucrative compensation package that included stock options. In 1999, DEKA had a difficult year, several projects were canceled or behind schedule, and many of the gathered staff had concerns that these cancellations and delays would diminish, if not eliminate, their bonuses. DEKA employees were also concerned about stock options, which had been promised only to employees on a secret project that many had never seen. Kamen had created a separate company within DEKA to design and manufacture a product that the team had nicknamed “Ginger.”2 Kamen…

    • 6022 Words
    • 25 Pages
    Powerful Essays
  • Powerful Essays

    Many popular name brand car companies expect driverless cars to be on the market by 2020, and for all cars to be driverless by 2025. The idea of a car that can drive, navigate, and park itself was an idea only to be heard of in the movies, but now it is in it’s final stages of testing. The self driving car is currently in production of prototypes to be demonstrated to the public by popular name brand companies like: Tesla, Mercedes Benz, BMW, and more. With the introduction of a driverless car, the lives of many drivers will become much easier and create a positive effect.. The self driving car consists of an advanced programmed computer, as well as many sensors that help guide and calculate smart decisions for the car to make. A car that drives…

    • 1454 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    The mobility scooter is very convenient transport for old people and disabled people. An electric mobility scooter can be your ticket to personal freedom, helping you live a more independent life. They can go anywhere they want to go, such as go supermarket, go to shopping or even far away by bus. A mobility scooter has three, four or five wheels; a very spacious comfortable seat; a flat area or foot plates for the feet; a steering wheel or a handlebar, a headlight and a storage box in front of the mobility scooter. Mobility scooters are usually battery powered (Department for Transport, 2007). The Mobility Products Ltd is one of the UK’s leading suppliers of mobility scooters. Mobility products have advantage than other mobility scooter company. (About Mobility Products Ltd, nd). Mobility Products Ltd is an importer of quality, affordable, F.D.A. (Food and Drug Administration) approved mobility aids. (Mobility Products: About us, nd). Their aim is to provide high quality mobility scooters to their customers at the best possible price. (Mobility Products: About us, nd). In the UK and the United States the Mobility Products Ltd is very successful, so they need market expanding other region such as Asia, China. A very famous economist Palmer (2004) pointed out that the life cycle is divided into…

    • 2241 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Segways were thought to revolutionize travel, but there was no wheres for them to be driven. Even if they were named road legal, there are still no places for them to be charged while traveling. These are two of the things that I believe were not thought over very well before its release. The consumers of the product, like myself, are interested in the more specific details before buying a product such as the Segway. They told the people that it was going to revolutionize the way we as humanity travel, but people need a little more detail than that.…

    • 1008 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Case Study on Segway

    • 1467 Words
    • 6 Pages

    Segway LLC is a company created by Dean Kamen in 2002 to manufacture and market the Segway Human Transporter. The SHT is a personal transport vehicle held upright by gyroscope technology. It is for use on and off-road, for recreation and commuting, by police departments and for government/military uses. Some of the SHT’s weaknesses include the $100 million development price tag and its high selling cost of over $4,500. A third weakness for the SHT is that Segway has not created enough physical locations where consumers can test drive and buy a machine. A final weakness is the lack of corporate/front office competence shown by Dean Kamen. The strengths of the SHT include its versatility of application. Segway has been shown to be valuable to police in patrolling duties and military with bomb disposal vehicles. The SHT also has shows strength in its financial backing. Mr. Kamen has been able to call on investors at any time to help financially when Segway has fallen short of its sales forecasts for the SHT. Segway has many opportunities on the horizon. If it makes some changes to its business/marketing strategy, it could still potentially realize great profits. It also has the opportunity to lower its prices to try and gain sales since it is already offered at a high price (incentive capability). The SHT has an opportunity as well to actualize the perception that it is a viable solution to the world’s congestion, energy and pollution problems. Finally, Segway has the opportunity to make changes to succeed in a market with no serious direct competitors besides some concepts that have been shown, like the concept Toyota presented at its latest tradeshow. Some threats to Segway are that the SHT is seen as a hazard to pedestrians on sidewalks and that it is too hard to operate. Also, another threat to Segway is the loss of investor backing after more unsuccessful quarterly sales marks.…

    • 1467 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Driverless cars have more advantages rather than disadvantages; we need them. One advantage is, that you can have more time to get ready in the car; since…

    • 416 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The article, "The Lexus Hoverboard Is Real, but It Isn't Coming to a Skate Park near You," discusses the various aspects of this new hoverboard known as the "Slide" and also argues the point that the hoverboard will not proceed into production. In order for the Slide to work, one needs: superconductors cooled by liquid nitrogen, magnets in the board, and a gargantuan amount of magnets in the ground. The fact that the board only works at an expensive, custom-built park in Barcelona causes author Tim Stevens to doubt that the board will arrive on the market any time soon. Other problems with the board include its' tendency to catch on the ground and the need to refill it with liquid nitrogen every ten minutes. Even with these setbacks, the author…

    • 263 Words
    • 2 Pages
    Good Essays
  • Good Essays

    In Development

    • 669 Words
    • 3 Pages

    ▪ The "Mobile Autonomous Robot Software" research program was started in December 2003 by the Pentagon who purchased 15 Segways in an attempt to develop more advanced military robots.[9] The program was part of a $26 million Pentagon program to develop software for autonomous systems.[9]…

    • 669 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Unmanned Ground Vehicle

    • 599 Words
    • 3 Pages

    1 Special Issue on Unmanned Ground Vehicles FIGURES OMITTED Unmanned Systems Magazine Summer 1995, volume 13, number 3 UGV HISTORY 101: A Brief History of Unmanned Ground Vehicle (UGV) Development Efforts Douglas W. Gage (gage@nosc.mil) "Those who cannot remember the past are condemned to repeat it" -- George Santayana INTRODUCTION The purpose of this paper is to provide a brief survey of a number of different threads of development that have brought the UGV field to its current state, together with references to allow the interested reader to probe more deeply. In the broadest "dictionary" sense, an unmanned ground vehicle (UGV) is any piece of mechanized equipment that moves across the surface of the ground and serves as a means of carrying or transporting something, but explicitly does NOT carry a human being.…

    • 599 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Tesla creates Prototypes of solutions at every stage of its production, and testing becomes more critical and intense as the product actualizes. Two dual motor all-wheel configuration of model S are part of the company’s innovation .the vehicles are always improved so as to enhance performance. There has been an addition of the 85D features of lofty effectiveness motor at the front and rear, giving the car unmatched control of grip in all circumstances. This is one of the best car models of the…

    • 1173 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Holapersona

    • 864 Words
    • 4 Pages

    The Maser is a new custom-designed sports car. An analysis of the task of building the Maser reveals the following list of relevant activities, their immediate predecessors, and their duration.…

    • 864 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Lit Motor Analysis

    • 4313 Words
    • 18 Pages

    Talk about new start-ups, it is amazing to see what Daniel Kim has achieved so far with a budget well south of…

    • 4313 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    We, GREEN RHINOS, consists of 8 undergraduate 3rd year students from Mechanical and Production department of Government College of Technology, Tamil Nadu. The team was keen on utilizing the platform to learn, innovate and implement. The following paper outlines the design and analysis of the Efficycle 2012 - Green Rhinos three wheeled vehicle.…

    • 1661 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    The basic shape and configuration of a typical upright, or safety bicycle, has changed little since the first chain-driven model was developed around 1885. But many details have been improved, especially since the advent of modern materials and computer-aided design. These have allowed for a proliferation of specialized designs for many types of cycling.…

    • 401 Words
    • 2 Pages
    Good Essays
  • Good Essays

    owwww

    • 1507 Words
    • 7 Pages

    The ARC Company specializes in developing and selling a wide range of high-quality scooters. Sales representatives report that there is a growing demand for racing scooters. ARC's president, Robin Lane, is excited about the possibilities and predicts that one…

    • 1507 Words
    • 7 Pages
    Good Essays