Skip to main content

Environmental Analysis

Preliminaries - Industry Analysis
The industry analysis includes the analysis of Political, Economic, Social, Technological, Environmental and Legal aspects that impact the industry we are operating in. This PESTEL analysis is part of business research and helps us to understand the market the organization is operating in. The factors involved in PESTEL are discussed below

Political
  • Government policy
  • Political stability
  • Corruption
  • Foreign trade policy
  • Tax policy
  • Labour law
  • Trade restrictions
Economic
  • Economic growth
  • Exchange rates
  • Interest rates
  • Inflation rates
  • Disposable income
  • Unemployment rates

Social
  • Population growth rates
  • Age distribution
  • Career attitudes
  • Safety emphasis

Technological
  • Technology incentives
  • Level of innovation
  • Automation
  • Research & Development activity
  • Technology awareness
Environmental
  • Weather
  • Climate
  • Environmental policies
  • Climate change
  • Pressure from NGOs
Legal
  • Discrimination laws
  • Antritrust laws
  • Employment laws
  • Consumer protection
  • Health and safety laws



Market Forces

·        What issues affect this industry and are there shifts happening?

o   Digitalization – the increased use of technology

o   E-Science –  the use of technology in Science (e-Science)

o   Fourth Industrial Revolution - readiness to adopt technology and innovate business models

o   Security and privacy – data protections and cybersecurity increased focus

·        Which customer segment is the most important and which one is declining?

o   Astronomy increasing in line with international trends

o   Bioinformatics increasing with reliance on machine learning for genomics

·        What do the customers need?

o   An end-to-end solution that ingests data, analyses the data and stores the data

o   There has been an increasing in data archive needs

·        Where is the demand increasing?

o   Data archiving is becoming more important for Astronomers

o   Large scale analysis and data storage increasing for Bioinformaticians

·        Can customers find other products and services quite easy?

o   Not at all. This service is bespoke and requires a considerable amount of expertise that is not commercially available or feasible

o   Commercial cloud providers do not provide facilities for research and development

 

Industry Forces

·        Who are the competitors and new entrants in this market?

o   Commercial Cloud Providers

o   Commercial Data Science Consultants

·        What do they do better or worse than the organisation reviewed?

o   They are highly over priced

o   They have bigger economies of scale leading to decreased infrastructure costs

o   More human resources for technology support

o   They are unable to provide Scientific solutions for research

·        Which customer segment do they focus on?

o   They tend to go for commercial clients not research institutions

·        Which products or services can replace those by your organisation?

o   Cloud Storage

o   Machine Learning

·        How easy can customers switch to them?

o   It is not feasible to switch due to the research networks

o   They do not have Scientific technical implementation expertise

o   They have no international or local networks with research community


 Key Trends

·        Technology trends

o   Emerging technologies

o   Cloud adoption

o   Big Data Analytics, Machine Learning & Artificial Intelligence

·        Regulatory trends

o   Cybersecurity Bill

·        Societal and cultural trends

o   Digital divide

o   Fourth Industrial Revolution

·        Socioeconomic trends

o   Economic uncertainty and budget cuts

o   Low work force skills

o   Inequality in access to infrastructure resources

o   Historically Disadvantaged Institutions low financial resources

o   Free Education


Popular posts from this blog

Digital Story (The Script and the CMap)

Recently, my coordinator assigned tasks to us on Asana (a platform that I plan to reveiw on some other day) to tell a digital story. Well, the brief being that we must tell a story that would leave a lesson to whom so ever comes across it (but the brief was not in those words). The task has different phases and parts to it, so that makes the task easier to deal with and handle. I started off with producing a script for the digital story. The script is just a wording of what the visual story and the narration of the story will be composed of. I loved writing the script, pouring the lessons I have learned thus far into such a script was a good experience. The CMap was kind of tricky hey, having to draw a concept map that captures the whole concept of the digital story was very tricky. It was my first time having to produce a copy of CMap document that would be used for such purposes. I did not struggle at all with the Concept Map as much as I expected to struggle. Currently I am co...

Adobe Photoshop CS6

Well, this week has been quite a beautiful week for me hey. I got to play around with a lot of amazing software that I went on to review. I also had the superb chance to look at Photoshop CS6. Adobe has been making absolutely good progress when it comes to developing their software (and basically taking over the world while they are at it!). The latest version of Photoshop I used in isolation without the assistance of Adobe Photoshop Lightroom. I must say: I AM IMPRESSED. Apart from the fact that one has to pay close to R9000 for the softwar and an additional R1200 for Photoshop Lightroom, one did get everything they paid for. It took me about a few hours finding my way around this new baby. Another 30 minutes trying to figure out how to use the baby was worth it. The User Interface on the software is so user friendly I have even considered dropping Instagram as a Photo editor and just sticking with CS6. I am not quite an expert when it comes to photoshopping but I am quite sure th...

Innovation in Motion

We were tasked with preparing a presentation that describes constraints that I am experiencing in my business. The presentation must also describe how the application of methods/tools/techniques learned during the course will enable me to better manage this situation. This final week was very nerve-wrecking and very interesting for me.  It was nerve-wrecking because I have a severe speech impediment (a stutter) that may unnecessarily cause me to take longer than the other students. So, I decided to record my presentation to ease this process. It was also very interesting because I work in a very complex organization that is part of a very dynamic and international Science and Technology project that is experiencing but also addressing complex challenges. It was exciting for me to outline these issues and also providing my proposed solutions to these challenges. Background and Overview Inter-University Institute for Data Intensive Astronomy (IDIA) was born out of the partnership of ...