This document describes an intelligent assistant called Lexy. Lexy is a desktop device with artificial intelligence that can understand speech, act as a human assistant by searching the internet, and control smart home appliances. It is being developed by a team in Russia to initially target the CIS market, with plans to later expand to the US and EU markets. The developers estimate Lexy could capture up to 3% of the global smart device market, worth $570 million. They have created a prototype and are developing the final electronics and housing designs, with the goal of starting mass production. They are seeking 12 million rubles in additional funding to prepare for manufacturing.
3. • Mass consumer market
(b2c segment).
• The project will initially start sales at
the CIS market. Entering the markets
of the U.S.A. and European Union will
be at the second stage.
• World market of smart gadgets will
reach $19 billion in the 2017 year
according to ABI Research. The Lexy
can take up to 3% of global market,
i.e. $570 million, according estimation
of Lexy team.
Market
Markets of initial entering
Markets of entering at the second stage
Markets of entering at the third stage
4. Solution camera
microphone
• It is a desktop device with artificial
intelligence.
• Lexy understands human speech.
• Lexy can be a human assistant. It can
search information on the Internet. It is
a smart companion. It can control home
appliances.
• Lexy is a person. He can rejoice,
be offended, be tired and be bored.
• It has only voice interface. There is no
display.
5. Business Model
• The main way to monetize is direct sales through
dealers and Internet shops.
• Retail price is about 22 000 rubles.
• The target audience are adult working people
from 18 to 55 years.
• The product is designed for family use.
• There accessories for the Lexy, e.g. smart sockets,
stickers on the body.
Smart socket
Accessories for personalization
6. Marketing and Sales
• The main way to promote a product is posting on niche sites
and advertising in social networks.
• "Ashmanov and partners" will be a marketing partner of the company.
• The product will be actively promoted at various exhibitions
and conferences.
• The marketing campaign will focus on the existence of the Lexy's soul.
Competitors
ubiiveecubic
7. Team
Chief information officer Chief technology
officer
Chief executive
officer
Investor, mentor
Evgeny Proydakov Roman Zhukov Dmitry Suvorov
They have successfully developed the telepresence robot Webot.
Igor Ashmanov
Expert in AI and computer
linguistics, owner of number
of IT companies.
8. Current status and plans
• A prototype of software, hardware and seman-
tic software is developed.
• Hull design is created.
• The final versions of the electronics and hull
are in development.
• A website of the project is created. It is publicly
announced about the project.
start A prototype
is developed
Experimental
batch is manu-
factured
The first finale
batch is made
Contracts with
dealers are
signed
Mass produc-
tion started
01.09.2013 01.09.2013 01.11.2014 01.12.2014 01.02.2014 14.02.2014
9. The needs in investment
3.965 million rubles are invested into the project for prototy-
pedevelopment.
12 million rubles are required for preparing of mass
production.