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2. Business klnarayanan@francisxavier.ac.in
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8. Briefly explain GPS, or Global Positioning Systems, are satellite-based navigation systems developed by the U.S.
newness/uniqueness Department of Defense for military purposes—but theyre familiar to most of us as the navigational
of the innovation system used by our phones and cars. Whether you’re talking about the GPS on your phone, in your car,
or a marine GPS for boats, all these units receive radio signals from multiple orbiting satellites to
determine your position.
CHALLENGES:
? Determining position and maintaining direction under routine
conditions depended on knowledge of weather.
? GPS also allows you to save positions, which we
commonly call “way points.” For boaters, this can be helpful to permanently record the location of a
channel, a shoal, or a fishing hot-spot.
? GPS continually updates your position and provides speed and
directional information.
IDEA PROPOSED:
? To find the best fishing spots, track fish movements, and
assure regulatory compliance.
? The future involves using the tool to track the exact positioning of the
fishes.
? Global Positioning System units displayed your position in latitude and longitude.
COMMERCIAL VALUES:
? Market participants will benefit from more significant usage of GPS systems,
increased attention on improving marine transportation safety, and development in the seaborne trade. ?
Commercial fishing boats increasingly employ GPS to find the best fishing spots, track fish movements,
and assure regulatory compliance.
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