We are creating a web-platform, where teachers of all kinds can generate examination tests with different variants with the usage of Artificial Intelligence. The teacher has to provide a video file of lecture or lesson or link to live - streaming and AI will generate tests from it.
Current Status
We have made MVP and need further development. Marketing and acquisition of customers has to be improved
Market
Initial market:
TAM -
5630 university teachers in Kazakhstan
SAM -
55% = 3096
using constructors to create tests
SOM -
10% = 309
Realistically achievable market share
Problem or Opportunity
Teachers are always struggling with tests. Creating tests with different variants is time and energy-consuming. And there is always a human factor that may cause errors in creating and checking tests which doubts the objectiveness of knowledge evaluation. This causes a lot of trouble for teachers from the administration and students. We have done a customer development survey which helped us identify the problem and its value.
Solution (product or service)
We are creating a web-platform, where teachers can generate tests automatically with the help of AI. The teacher has to provide a video file of lecture or lesson or link to live - streaming and AI will generate tests from it.
Competitors
kahoot.it
quizlet
proprofs
Advantages or differentiators
1) None of the competitors use AI technologies to provide the best experience for its users. It is a fancy technology for everyone.
2) Our product provides objectiveness of knowledge evaluation
3) AI support automatic generation of tests. Which helps teachers save energy and time
4) AI support automatic evaluation of test and analytics which helps teachers to improve their approach to teaching
Finance
We have made unit-economy calculations according to our monetization model which is a subscription.
Business model
We have made Lean Canvas of our Business Model which is included in our presentation
Money will be spent on
The money will be spent on development.
Machine learning tools.
Teaching tools.
Cloud support.
Server and domain.
Marketing like Google AdWords, Yandex.Direct, Instagram promotions