Build your own robot!

 

About Otto:

An EdTech revolutionary product that encompasses the ability to build, learn and teach a robot fit for you!

  • Are you a 3D printer hobbyist? Our maker kits is a dream product with the ability to design, build & use plug-in-play components
  • Don't have a 3D printer? No worries, our prepared packaged robot you assemble has been sold to thrilled customers from over 70 countries 
  • Brings kids and adults closer to technology by learning the logical connection between code and action  

 

What problem are we solving?

1) Children are spending at earlier ages more time on phones, tablets and computers rather than with physical toys (Playmr) which is bad for the toy industry

2) Lack of preparatory training or easy to learn content support for Edtech products (WizIQ

3) Education today focuses more on knowledge leaving less time for adaptive learning (Forbes

 

What is Otto's solution?

1) Otto robots combine both usages of computing devices & the product toy itself 

2) Simplistic learning program for kids +7 and up. So easy your grandmother can do it!

3) Otto offers out of the classroom development of creative & critical thinking, including meta-learning and growth mindset

 

So who are our Customers?

1) 3D printing hobbyist. You heard it, adults are enjoying the ability to invent there own Otto robot with personalized functionality through the plug and play blocks software. In fact, many invent their own functions via learning or mastering C++ tools.

2) Kids are also a big part of the fan base. These future young adults are quick learners and master building and coding their own robot! Does your kid have what it takes!

 


Make sure to check out our website at https://www.ottodiy.com/ 

 

 


405 total votes

Industry 4.0: The Future of Manufacturing

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With the world supply chain facing more challenges than ever do to the COVID crises, vulnerabilities may spur a new industry revolution. From centralized manufacturing, based off of the Chinese industry, to decentralized manufacturing that localizes the production of products. More importantly, additive manufacturing, which could ignite industrial 3d printing.   Western world politics led by United States rhetoric has been calling to restrict our dependence on Chinese manufacturing. But not much has really changed. Western businesses have been keeping with the status quo. Economic cost-effectiveness is more important than government relationships. It was thought that making such drastic supply chain changes would be too much of a risk. But now, we might not have a choice.   Prior to the pandemic, US along with Europe, has been showing signs of decoupling ties with China. This was brought by peacetime populist urges, intellectual property rights and human rights violations.   Today, the west accuses China’s lack of transparency which they claim prevented the preparation to handle such a pandemic. With tension at an all-time high, and supply chains already shaken up with lengthy shipping times and delays, businesses are now facing a choice. From doing nothing to taking action to reroute their supply chains. Adjusting too late could have high consequences for businesses.   If these current trends continue, a new era of manufacturing will most likely take shape. What will this look like? May turn into a form of decentralized and additive manufacturing.   What is Decentralized Manufacturing?   Decentralized Manufacturing involves organizations having multiple locations for producing products. The facilities are distributed out a crossed a wider area. Unlike centralized manufacturing which distributes products long distances from one location, these facilities instead are strategically placed close to its customers.   What is Additive Manufacturing?   Additive Manufacturing (AM) or distributed manufacturing mainly done through 3d printing, allows for products to be made when sold. Centralized manufacturing processes have you produce large quantities, which you then store within inventory, and then ship to the customer. AM allows you to produce the part when the customer buys, skipping the high costs associated with storing inventory.   A Potential Combination of Decentralized & Additive Manufacturing    A study from the non-profit organization APQC found that companies that set up decentralized manufacturing have a 3% higher cost than centralized manufacturing. In order for prices to stay competitive, additive manufacturing could be the solution to lower the costs for a range of goods within western countries.   So with these two systems potentially merging, how will this look? The Trump administration has been talking about rolling a concept they call “Economic Prosperity Network” which would encompass countries, more specifically India & Vietnam to supply raw materials or parts that would then be assembled via a distributed facility network in the west.   The role for 3d printing could allow raw materials to be shipped to the west, where in-country facilities will 3d print product requests coming from companies and minimizing the need to hold inventory. Think of a product being ordered and within 24 hours produced on the spot and sent to the customer close by. Overall minimizing costs normally accrued through a centralized manufacturing process.   Could this be our future? Only time will tell. But with the current state of affairs it would be prudent to ignore such a possibility.   What is Otto DIY?   Otto DIY is an Edtech robot for all ages that allows you to build, assemble and program your own personal robot. Both for beginners and advanced customers, Otto brings Brings kids and adults closer to technology by learning the logical connection between code and action.   Questions for you:  What do you think of our assessment? Have you ordered anything from online? If so, are you noticing any delays or issues?   You can check us out at our Otto DIY website. Feel free to follow us on Facebook & Twitter.   We look forward to treading your comments!   Cheers,  Otto DIY Team 
78 votes
21 comments
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Have you ever heard of Quirky? A model that could make sense for Otto

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  Hello Crowdholders,    Otto DIY here. You might be thinking to yourself, who is or what is Quirky? To answer simply, Quirky is/was a company that had a unique model of huge potential only to fail miserably. So now you are probably thinking, "then why is Otto interested in it?." Well, it turns out, what didn't work for Quirky, might actually work for us.    Quirky was a community-led invention platform with a vision to reinvent 'inventions.' They were a typical company that built products, but their model was inspiring. How it worked was product ideas would be submitted, pitched and voted on by the community and Quirky would produce, sell and ship giving royalties to the inventors. Pretty cool yeah?    The number one reason startups fail has to do with building a product with "no market need." It would be safe to assume Quirky reduced that risk because the community identified that need. However, not so fast.    Quirky was off to a fast start and received $175 million in funding, but they fell short, and in 2015 Quirky filed for bankruptcy. So how was that possible? There were 3 main reasons it didn't work.    1) Lack of iteration  The business model of Quirky was clearly inventive, but they lacked how to invent. When you build a product, there needs to be multiple iterations where in time you tweak and evolve according to the customer's feedback/need. You can't simply release a product and expect instant success. Quirky would invent the product quickly then move to the next. This hurt sales because issues that occurred were never resolved. Having a version 2.0 would have helped sustain sales.   2) A Branding Nightmare They had every type of product. It was almost impossible to think of what they stood for. Being so diverse spreads your brand thin, thus people don't remember who you are as a business. That means you lose credibility as a company, which shows up in your sales.    3) Lack of validation & wrong distribution channels  Even if a community does the first step of validation, you still need to validate the product with the buyer's market. With having so much capital, they were able to produce large quantities from the start, rather than starting small to see if people buy first. Making deals with such large companies like Walmart and Target requires you to send them mass quantities to get on their shelves. If the product is a miss and "not needed", that's a lot of unbought product. They were at a point of selling 50 products a year, and the misses must have been damaging.    So by taking this case study, how does Otto fair? That's up for you to decide.  Our idea is this:    Our community is strong with 4K builders who post their own Otto inventions weekly as we speak. They create their own Otto toy, which is themed or has added functionality. Thus it seams logical to try this model.   We are basically focusing on one product line, which is an Edtech robot to improve critical thinking and meta-learning for all ages. A crucial skill to have for the future of work and technology. As a one type product with do-it-yourself attributes, our inventors can produce the design toy itself. By using a 3D printer tool shed we can produce the first 3D printed sold products that is approved by the community. If sales increase rapidly we then would create a mold from a industrial manufacture to sell for large quantities. If the sales don't happen, we take it off the store. But what's good, we use limited resources to test and can scale when required.   Just like Quirky, the community does the first round of validation. Then Otto DIY tests the market by selling in their store and on other channels. In fact, we like to call this model learn-to-job, as Otto would in fact have their community of builders learn how to make and design robots, and can earn for having lifetime royalties for that product being sold. Of course, first, their invention needs to be approved by the community of builders. As said before, engineering and coding is a crucial skill to have. Otto supports learning from first timers to advance. Anyone can do it.    If we would go through with this, we will need to do a test. Currently, we have two 3D printers at our disposal. We plan to soon try a challenge with our community to submit their own Otto invention, we all vote and place the winning product in the store. The idea is to try selling just a batch of 10 we can manage with our 3D printers which we have the electronic equipment for. And try the journey model out from the image above.   So there you have it. By studying the case study we need to follow these guidelines:  1) Validate and test if people buy after community validation. 2) Start simple. Make the product when it's sold. Generate first sales directly from our 3D printers. Then make the mold for lager distribution if sales become successful. 3) Stay tight to our brand as an Edtech toy.   4) And lastly, iterate after the first draft of the toy is tested on the market.   By following these examples where Quirky failed we should hopefully improve our probability to succeed.    Now on to our questions:    Do you approve? It's definitely an interesting idea. Where do you think we might be wrong?   We look forward to reading your comments! Cheers,  Otto DIY Team 
136 votes
32 comments
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Introducing Otto DIY

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  Hello Crowdholders,   We would like to introduce ourselves. We are Otto DIY, where you can build your own do-it-yourself robot.    Below we have some information about our project:   About Otto: An EdTech revolutionary product that encompasses the ability to build, learn and teach a robot fit for you!   Are you a 3D printer hobbyist? Our maker kit is a dream product with the ability to design, build & use plug-in-play components   Don't have a 3D printer? No worries, our prepared packaged Builder Kit robot lets you assemble your robot with all the components, and has been sold to thrilled customers from over 70 countries already.    Brings kids and adults closer to technology by learning the logical connection between code and action     What problem are we solving?   1) Children are spending at earlier ages more time on phones, tablets and computers rather than with physical toys (Playmr) which is bad for the toy industry   2) Lack of preparatory training or easy to learn content support for Edtech products (WizIQ)    3) Education today focuses more on knowledge leaving less time for adaptive learning (Forbes)    What is Otto's solution?   1) Otto robots combine both usages of computing devices & the product toy itself    2) Simplistic learning program for kids +7 and up. So easy your grandmother can do it!   3) Otto offers out of the classroom development of creative & critical thinking, including meta-learning and growth mindset   So who are our Customers?   1) 3D printing hobbyist. You heard it, adults are enjoying the ability to invent there own Otto robot with personalized functionality through the plug and play blocks software. In fact, many invent their own functions via learning or mastering C++ tools.   2) Kids are also a big part of the fan base. These future young adults are quick learners and masters at building and coding their own robot! Does your kid have what it takes?   Our explanation above is more like a sales pitch, but don't worry, we are here to listen to your feedback on what you think about our product. Feel free to check out our website here.    Now for our questions after you examine us more deeply:   What do you think of the product?  Do you have experience with DIY products? Do you know people you could see buying this product? Anything else you want to add?       We look forward to hearing your feedback! Your Otto DIY team  
191 votes
40 comments
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