Mini Project – SMART CURTAIN

Submitted for the Partial Fulfilment towards the awards of the Degree in

Master in Business Administration (MBA)

of

Dr. A.P.J. Abdul Kalam Technical University, Lucknow

By

PANKAJ SINGH
22MBA-ITM D044

Under the guidance of

MR. SATYENDRA KUMAR

(ASSISTANT PROFESSOR)
at

GL Bajaj Institute of Technology and Management

Greater Noida
2022-2024

1
 G. L. BAJAJ
INSTITUTE OF TECHNOLOGY &
MANAGEMENT

Approved by A.I.C.T.E. & affiliated to Dr. A.P.J. Abdul Kalam Technical University

Date:

CERTIFICATE

This is to certify that …PANKAJ…SINGH…..has undertaken this Mini Project-1 titled

“……SMART…CURTAIN…………” for the partial fulfillment of the award of Master of

Business Administration degree from Dr. A P J Abdul Kalam Technical University,

Lucknow (U. P.), India.

I wish him/ her all the best for his/her bright future ahead.

Project Supervisor

Department of Management Studies

Head of Department

Department of Management Studies

STUDENT DECLARATION

I, Pankaj Singh bearing University Roll No.................... of APJ University,

Lucknow, enrolled as student of MBA at GL Bajaj Institute of Management &

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Technology, Greater Noida, solemnly declare that the project report title’ “SMART
CURTAIN” embodies the results of original project work carried out by me and the
same has not been submitted in any form partially or fully for award of any
diploma or degree of this or any other University/Institute.

NA
ME: Pankaj Singh

Roll No.: …………

ACKNOWLEDGEMENT

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This mini project is the outcome of sincere efforts, hard work and constant
guidance of not only me but a number of individuals. First and foremost, I would
like to thank GL Bajaj, GREATER NOIDA.

I am thankful to my faculty guide Mr. Satendra Srivastava for providing me help

and support throughout the Project Report period.

I owe a debt of gratitude to my faculty guide who not only gave me valuable inputs
about the industry but was a continuous source of inspiration during these months,
without whom this Project was never such a great success.

Last but not the least I would like to thank all my faculty members, friends and
family members who have helped me directly or indirectly in the completion of the
project.

Pankaj
Singh

TABLE OF CONTENT

CHAPTER CHAPTERS PAGE NUMBER

NUMBER
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1 • Introduction 8
• Source Of Idea 9

2 • Objective of the 11-12

innovation
13-14

• Need of the Innovation

15
• Uses of the Services

3 Feasibility Analysis

i) Commercial 17-20
Feasibility ii) 21-22
Technical Feasibility 23
iii) Financial
24-25
Feasibility iv)
26
Managerial Feasibility v)
Social Feasibility

4 • SWOT Analysis 28-30

• References 31

EXECUTIVE SUMMARY

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Smart Curtains are a cutting-edge solution for controlling the amount of light,
privacy, and temperature in your home. With a simple and intuitive app, users can
control their curtains from anywhere, at any time, using their smartphones or voice
activated assistants such as Alexa or Google Home.

Some key features of Smart Curtains include:

Remote control: The app allows users to easily open, close, and adjust their
curtains, even when they're not home.

Scheduling: Users can set schedules for their curtains to automatically open and
close at specific times.

Energy-saving: Smart Curtains can help reduce energy costs by automatically

adjusting the amount of light and temperature in the room.

Improved comfort: By controlling the amount of light and temperature in the room,
Smart Curtains can improve the overall comfort of your home.

Enhanced security: The ability to remotely control your curtains can give you peace
of mind and improved security.

In conclusion, Smart Curtains offer a convenient and innovative solution to the

ageold problem of controlling light, privacy, and temperature in your home. With
its user-friendly app and advanced features, it has the potential to improve the
quality of life for homeowners everywhere.

CHAPTER 1

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 INTRODUCTION
Smart Curtains are an innovative product that transforms traditional curtains into a
smart and connected home solution. They provide users with complete control over
their curtains through a simple and intuitive app, allowing them to easily open,
close, and adjust the curtains from anywhere, at any time.

Some of the key features and benefits of Smart Curtains include:

Remote control: With the app, users can control their curtains from anywhere,
whether they're at home or on the go.

Scheduling: The app allows users to set schedules for their curtains to automatically
open and close at specific times, making it easy to manage their curtains even when
they're not home.

Energy-saving: Smart Curtains can help reduce energy costs by automatically

adjusting the amount of light and temperature in the room, making your home more
energy-efficient.

Improved comfort: By controlling the amount of light and temperature in the room,
Smart Curtains can improve the overall comfort of your home, making it a more
relaxing and comfortable place to be.

Enhanced security: With the ability to remotely control your curtains, Smart
Curtains can provide an added layer of security and peace of mind.

In conclusion, Smart Curtains are an innovative solution that combines the

traditional curtains with advanced technology to provide users with complete
control over their curtains and improved comfort, energy efficiency, and security in
their homes.

SOURCE OF IDEA
The idea of smart curtains likely stems from the desire to combine home
automation and convenience with traditional window coverings. With the
advancement of technology, people became more interested in having home
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systems that can be controlled remotely, and the concept of smart curtains fits well
into this trend. By integrating smart technology into curtains, users can control
their window coverings with the touch of a button, through a mobile app, or with
voice commands.

CHAPTER 2

OBJECTIVE OF THE INNOVATION

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The objective of the smart curtain innovation can be broken down into several key
areas:

Convenience: The primary objective is to provide users with a convenient and

effortless way to control the lighting and privacy in their homes. With smart
curtains, users can easily adjust the amount of light entering a room, set a desired
temperature, and control privacy levels without having to physically open or close
the curtains.

Energy Efficiency: Smart curtains can be integrated with home automation systems
and programmed to automatically adjust based on external conditions, such as the
time of day, temperature, and sun position. This helps to optimize energy use,
reduce heat loss or gain, and reduce the need for heating or cooling systems.

Improved Comfort: With smart curtains, users can create a more comfortable and
inviting living environment. For example, they can program their curtains to
automatically close during the hottest part of the day to keep their home cool, or
open to allow natural light to enter the room.

Home Automation Integration: Smart curtains can be integrated into home

automation systems, enabling users to control multiple devices and systems with a
single app. This creates a more seamless and integrated home experience and
provides users with greater control over their living environment.

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Enhanced Security: Smart curtains can be programmed to close automatically when
a user is away from home, providing a visual deterrent against potential intruders.

In summary, the objective of the smart curtain innovation is to improve the

functionality, comfort, and energy efficiency of homes by incorporating smart
technology into traditional window coverings.

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 NEED OF INNOVATION

Smart curtains can be a useful innovation as they provide many benefits over
traditional curtains. Some of the key benefits include:

Automation: Smart curtains can be automated and controlled using a smartphone

app, voice assistants like Amazon Alexa or Google Home, or through smart home
systems like Apple HomeKit.

Energy Efficiency: By controlling the amount of light that enters a room, smart
curtains can help regulate the room temperature and reduce energy consumption.

Convenience: Smart curtains offer a convenient and hands-free way to control the
amount of light and privacy in a room.

Customization: Smart curtains can be programmed to open and close according to a

set schedule, and they can also be set to adjust based on the time of day and
ambient light levels.

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Overall, smart curtains can provide increased comfort, convenience, and energy
efficiency compared to traditional curtains, making them a desirable innovation in the
home automation space.

USES OF THE SERVICES

Smart curtains have several applications and uses, which include:

Light Control: Smart curtains can be programmed to automatically open and close
based on the time of day or ambient light levels, allowing users to control the
amount of light that enters a room.

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Energy Efficiency: By controlling the amount of light that enters a room, smart
curtains can help regulate the room temperature and reduce energy consumption.

Privacy: Smart curtains can be controlled to provide privacy by closing when

desired, or to let in more light by opening when needed.

Scheduling: Smart curtains can be programmed to open and close according to a set
schedule, making it easier to control the light and privacy in a room without manual
intervention.

Smart Home Integration: Smart curtains can be integrated with smart home
systems, such as Apple HomeKit, Amazon Alexa, or Google Home, allowing users
to control their curtains using voice commands or smartphone apps.

Overall, smart curtains offer increased comfort, convenience, and energy

efficiency, making them a valuable addition to any home automation system.

CHAPTER 3

FEASIBILITY ANALYSIS
COMMERCIAL FEASIBILITY
The commercial feasibility of a smart curtain product will depend on several
factors, including market demand, competition, production costs, and target
customer segment.

Market demand can be determined through market research, including surveys and
focus groups to gauge consumer interest and willingness to pay. Competition

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analysis can be performed to understand the existing offerings in the market and
how the proposed product differentiates.

Production costs will impact the product's profitability, and it is important to

determine the cost of materials, labor, and manufacturing processes to ensure the
final price is competitive.

Finally, it's crucial to understand the target customer segment, their buying
behavior, and what motivates them to purchase a smart curtain product. This
information can help in creating an effective marketing strategy and pricing
strategy to attract and retain customers.

In summary, a comprehensive market and feasibility analysis is essential to

determine the commercial viability of a smart curtain product.

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 SERVICES IS FOR WHICH SEGMENT
The target customer segment for a smart curtain product will depend on the specific
features and benefits offered by the product.

For residential customers, smart curtains can offer convenience, energy efficiency,
and privacy benefits, making them appealing to homeowners, apartment dwellers,
and renters.

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Commercial customers, such as office buildings, retail spaces, and public facilities,
may also be interested in smart curtains for their ability to integrate into building
management systems, improve energy efficiency, and enhance the overall aesthetic
of a space.

The hospitality industry, including hotels and resorts, may also be a target segment
for smart curtains as they can offer guests a comfortable and personalized
experience while also promoting energy efficiency.

In summary, the target customer segment for a smart curtain product will depend
on the specific features and benefits offered, and it's important to understand the
needs and preferences of each target segment to tailor the offering and create a
successful product.

TARGETED AUDIENCE

The target audience for a smart curtain product can vary depending on the specific
features and benefits offered by the product.

Residential customers, such as homeowners, apartment dwellers, and renters, may

be interested in smart curtains for their convenience, energy efficiency, and privacy
benefits.

Commercial customers, such as office buildings, retail spaces, and public facilities,
may also be interested in smart curtains for their ability to integrate into building

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management systems, improve energy efficiency, and enhance the overall aesthetic
of a space.

The hospitality industry, including hotels and resorts, may also be a target audience
for smart curtains as they can offer guests a comfortable and personalized
experience while also promoting energy efficiency.

In addition, tech-savvy individuals and early adopters of smart home technology

may also be a target audience for smart curtains.

Ultimately, the target audience for a smart curtain product will depend on the
specific features and benefits offered and the marketing and sales strategy. It's
important to understand the needs and preferences of the target audience to create
an effective marketing campaign and build a successful product.

TECHNICAL FEASIBILITY

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The technical feasibility of a smart curtain product depends on several factors,
including the design, hardware components, and software systems used.

Design: The design of the smart curtain system should be practical, easy to use, and
aesthetically pleasing. It should also be functional and able to meet the needs of the
target audience.

Hardware components: The hardware components used in the smart curtain system
should be of high quality, reliable, and cost-effective. The components should also
be compatible with the software systems used and should be easily integrated into
the overall smart home system.

Software systems: The software systems used in the smart curtain system should be
easy to use, intuitive, and compatible with other smart home systems. The software
should also be able to integrate with voice assistants and other smart home devices.
In addition, the technical feasibility of the smart curtain system should be evaluated
based on the potential technical challenges that may arise during the development
and manufacturing processes. These challenges may include hardware and software
compatibility issues, reliability and performance concerns, and regulatory
compliance requirements.

In summary, the technical feasibility of a smart curtain product will depend on the
design, hardware components, and software systems used. It's important to evaluate
these factors and address any potential technical challenges to ensure a successful
and reliable product.

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 FINANCIAL FEASIBILITY
The financial feasibility of a smart curtain product depends on several factors,
including production costs, pricing strategy, and target market.

Production costs: The production costs for a smart curtain product will depend on
the materials and components used, the manufacturing process, and the labor
required. It's important to accurately estimate these costs and ensure that the
product can be produced at a profit.

Pricing strategy: The pricing strategy for a smart curtain product should take into
account the production costs, the target market, and the competition. The product
should be priced competitively while still allowing for a reasonable profit margin.

Target market: The target market for a smart curtain product will also impact the
financial feasibility. A product targeted at high-end residential customers, for

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example, may have a higher price point than a product targeted at commercial
customers. It's important to understand the target market and their willingness to
pay for the product to determine an appropriate pricing strategy.

In addition, it's important to consider the potential for future revenue streams, such
as recurring subscription fees or sales of complementary products, to enhance the
overall financial feasibility of the smart curtain product.

In summary, the financial feasibility of a smart curtain product will depend on the
production costs, pricing strategy, and target market. It's important to carefully
evaluate these factors and create a financially viable business model to ensure the
success of the product.

MANAGERIAL FEASIBILITY

The managerial feasibility of a smart curtain product depends on several factors,

including the experience and expertise of the development team, the availability of
resources, and the market demand for the product.

Development team: The development team should have the necessary experience
and expertise to successfully design, develop, and bring the smart curtain product

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to market. This may include expertise in engineering, software development, and
product design.

Resources: The resources required to develop and bring the smart curtain product
to market will also impact the managerial feasibility. This may include financial
resources, technical resources, and human resources. It's important to ensure that
these resources are available and sufficient to complete the project.

Market demand: The market demand for a smart curtain product will also impact
the managerial feasibility. A product that addresses a real need or solves a common
problem in the market is more likely to be successful than a product with limited
demand. It's important to conduct market research to understand the demand for the
product and to ensure that there is a viable market for the product.

In addition, the overall business plan, including the marketing and sales strategy,
should be well-developed and achievable. The development team should have a
clear understanding of the target market, the competition, and the resources
required to bring the product to market.

In summary, the managerial feasibility of a smart curtain product will depend on

the experience and expertise of the development team, the availability of resources,
and the market demand for the product. It's important to evaluate these factors and
create a well-defined and achievable business plan to ensure the success of the
product.

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 SOCIAL FEASIBILITY

The social feasibility of a smart curtain product depends on several factors,

including consumer acceptance, regulatory requirements, and ethical
considerations.

Consumer acceptance: The social feasibility of a smart curtain product will depend
on consumer acceptance. A product that is well-received by the target audience is
more likely to be successful than a product that is not well-received. It's important
to conduct market research to understand consumer preferences and needs, and to
design the product accordingly.

Regulatory requirements: The smart curtain product may be subject to certain

regulatory requirements, such as safety and privacy regulations. It's important to
ensure that the product meets all applicable regulations and to obtain any necessary
certifications or approvals.
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Ethical considerations: The development and use of a smart curtain product may
also raise ethical considerations, such as privacy concerns and data security. It's
important to consider these issues and to design the product with privacy and
security in mind. The product should also comply with data protection regulations
and should be transparent about how it uses customer data.

In summary, the social feasibility of a smart curtain product will depend on

consumer acceptance, regulatory requirements, and ethical considerations. It's
important to evaluate these factors and design the product accordingly to ensure the
success of the product and to maintain public trust.

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 CHAPTER 4

SWOT ANALYSIS

SWOT analysis is a commonly used tool to assess the strengths, weaknesses,

opportunities, and threats (SWOT) of a product or project. Here's an example of a
SWOT analysis for a smart curtain product:

Strengths:

• Convenience: Smart curtains offer users the ability to control the amount of
light and privacy in their space with ease, using a mobile device or
voiceactivated assistant.
• Energy efficiency: Smart curtains can be programmed to automatically
adjust based on the time of day and the amount of natural light, which can
help reduce energy costs and increase energy efficiency.
• Customization: Smart curtains offer users the ability to create custom
lighting and privacy scenarios that fit their individual needs and preferences.

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Weaknesses:

• Cost: Smart curtains can be more expensive than traditional curtains, which
may limit their appeal to some consumers.
• Complexity: Some users may find the technology behind smart curtains to
be complex or difficult to use, which could negatively impact adoption.
• Reliance on technology: Smart curtains rely on technology and connectivity,
which can be subject to malfunctions or outages.

Opportunities:

• Growing demand: The smart home market is growing, and there is a

growing demand for connected devices that can be easily integrated into a
user's existing home system.
• Expansion into new markets: There is potential to expand the market for
smart curtains beyond residential customers to include commercial and
industrial customers.
• Complementary products: There is potential to develop and sell
complementary products, such as smart blinds or shades, to enhance the
overall product offering.

Threats:

• Competition: There is a growing number of companies offering smart

curtain products, which could increase competition and impact market share.
• Privacy concerns: Some consumers may be concerned about the privacy
implications of having a connected device in their home, which could impact
adoption.

• Cybersecurity threats: As with any connected device, smart curtains could be

vulnerable to cybersecurity threats, which could impact their reputation and
adoption.

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In conclusion, a SWOT analysis provides a comprehensive overview of the
key factors that can impact the success of a smart curtain product. It is
important to consider these factors and to continuously monitor the market
and technology landscape to ensure that the product remains relevant and
competitive.

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 REFERENCES

• This mini project revenue and business idea thought by myself.

• The table of content, certificate and student declaration form are taken from
the Mini Project Guideline.
• The pictures used into the project has taken from google.
• The technical feasibility, financial feasibility and managerial feasibility has
taken some sources from google.
• www.google.com.

THANK YO U

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