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1Final Paper: Innovative Technology Solutions ProposalAshley WarrenUniversity of Arizona Global CampusBUS639: Technology & InnovationProfessor Loay AlnajiDecember 19, 2022
2Executive SummaryDargeanGrix is a fictitious international venture capital (VC) organization in the nicheproduct development sector. In the past year, the organization earned an average revenue of$250M. Building warm relationships with clients and prospects is one of the keys to theirsuccess. The DargeanGrix team utilizes video conferencing and telepresence equipment tofacilitate business conferences and manage its entrepreneur client investment portfolio.Intangible costs are associated with DangerGrix, such as video conferencing technology thatfrustrates employees. DargeanGrix's reputation could also suffer because of technology issues,which have also frustrated customers. Moreover, developing relationships within anorganization, collaborating, and finding common ground results in increased productivity. It isthis kind of environment that DargeanGrix aims to create for its employees. In this technology-driven world, more and more companies are developing systems to reduce domestic andinternational travel to save money. “The goals for using the technology are to create a closefacsimile of face-to-face interaction to facilitate open communication, enable relationshipnurturing, and foster a sense of camaraderie among the team members while reducing both thestress and the costs of domestic and international travel” (UAGC - Student Login, n.d.). Inaddition to eliminating stress and domestic costs and international travel, Zoom will enable thecompany to facilitate open communication, foster relationships, and foster camaraderie amongteam members through close facsimile of face-to-face interaction. DargeanGrix will be able toconnect its international and national locations through this new software program.
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Term
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Tags
Videoconferencing, Intangible asset

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