Project Description: Competitor Analysis

Welcome to Enviro Integration Strategies! We are thrilled to present an opportunity for talented students to support the effective positioning of our innovative software product, CI-RiskDB, a risk evaluation and governance platform for geo-infrastructure.

Main Goal:

The primary objective of this project is to research our market for competitors, both primary and secondary, to understand their revenue models and price-ranges/points, to ensure that we are not under- or over-pricing compared to our competition. We have done some work on this before and have a few starting points, but it requires updates as the existing information per competitor is limited, some have pivoted their offerings, and there are new players on the market now.

We have a list of known competitors in the market, and can assist with identifying the types of platforms we would otherwise offer similar/equivalent outcomes to, to help broaden the list of softwares to compare against. Please note, while we are open to various forms of data analyses, AI/GPT tools, and such, some of this research may require calling these organizations directly to obtain information.

We want students to feel confident that the project is manageable within a realistic timeframe of 60 hours, spread over 2-8 weeks. As such, we are open to a team approach to performing the research within the designated time.

Project Scope and Expectations:

During this project, students will:

• Review our current list of identified competitors to determine relevant markets to investigate further
• Search for additional competitors in the same and parallel markets, offering similar products and/or outcomes
• Identify pricing models and ranges, including implementation rates
• Summarize findings in a report

Final Deliverables:

The student will upload a final report to the platform which includes the following:

• List of competitive products, including details about the organizations selling them, website links, the markets they serve, how long they've been in business, and named mining clients.
• Summary of different business/pricing models of each competitor, and any price points students are able to find information on.

For students: To validate the completion of your work, please submit deliverables as uploaded files with a reflection note at the end of your project.