Sony Corporation - VIPP framework analysis, innovation strategy analysis, product life cycle, competitor analysis and future strategy forecast.

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Executive Summary

Sony Corporation is a leading manufacturer of audio, video, communication and information technology products for the consumer and professional markets. Digital imaging product division is one of the market divisions on the Sony brand.

In this project, we will focus on three main contents in terms of VIPP framework analysis, innovation strategy analysis, product life cycle, competitor analysis and future strategy forecast. Through the development process of Sony digital camera, there is continuous innovation of its products, such as MVC-CD 300 using CD-R-based technology, which enables Sony digital camera to maintain the leading position in the fierce competition.

So we can make a conclusion that ‘No innovation, No success’. Technological innovation is really important for organisations to survive in a fiercely competitive market!

Introduction: New generation of digital camera—CD Mavica series

In the phase of new technological development, Sony used the CD-R-based technology not only to store the images but also to create the image in place of using the traditional memory stick. Sony rocked the digital camera world with the introduction of the first CD-R-based Digitcam technology last year. An extension of Sony’s floppy-disk-based Mavica design, the MVC-CD1000 incorporated a CD-R drive as its image recording mechanism, storing 156MB of data on each 80mm CD-R disc. This year, Sony has addressed two of the primary objections to the CD-1000—the 3 mega pixel CD-300 and the 2 mega pixel CD-200 with its Mavica line. All of these CD-R-based technology digital cameras perform well in the market, easily among the top model in their respective.  In this project, we will focus on MVC-CD300 as the sample of Sony digital camera.

           

About design

There is strong correlation between a high design profile and improved performance, but four factors emerged to paint a clearer picture of design and its role in the development of new products. These are Value, Image, Process and Production and they form a framework i.e. VIPP Framework.

1. The VIPP Framework

  1. CD Mavica series: A high value product

Quality—depends on the following factors:

  • Resolution: Maximum resolution is the most important in rating a digital camera. Digitals images are made up of dots called pixels. Resolution refers to how many pixels make up a photo. Sony CD Mavica series has got a resolution 3.2 million effective (3.3 gross) pixels--higher than the others. The resolution you need depends on what you plan with your photos. If you just want to e-mail photos to your friends, you will be happy with a lower resolution. If you want to print your photos, however, plan on at least 150 pixels per printed inch.

  • Memory and image capacity: Memory, the equivalent of the film in a conventional camera, is where pictures are stored as one takes them. A camera’s memory size will determine how many images one can store. With the MVC-CD300, one can store more than 1000 VGA still images on a single $5 CD-R compact disc. (156MB). For even greater flexibility, one can save the photos on a $10 CD-RW compact disc, which can be erased and reused hundreds of times. Both CDs, which can also store more than 90 minutes of MPEG video, are compatible with virtually any personal computer.

  • Compression: It is the process that shrinks a photo’s file size. Most cameras take photos as compressed JPEG file. Compression also makes it faster to save and download photos and easier to e-mail photos or download them as part of the web site. while, the MVC-CD300 can compress the photos as MPEG presentation mode(320x240)at 8 frames per second, and Video e-mail mode (160x112)at 8 frames per second, you also can use MPEG movie HQ mode(320x240)at 16 frames per second.

Price

The average price of the MVC-CD series is $900 .Compared to the traditional digital camera, this price is much more expensive. So, when the company launched the product at market, it did not expect high sales or profits.

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Value for money

  • Creating images worth saving: concentrating on focus and exposure—the two important factors in capturing good image—was paramount in designing new cameras. Integrated technologies that work automatically to improve these factors which include multi-point auto focus, multi-pattern and pre-flash exposure modes, as well as auto focus illumination and pre-set scene modes.
  • Sharper focus and more accurate exposure: Multi-point auto focus makes sure the cameras do not just focus on the center of the frame. Allowing the camera to more accurately calculate exposure, Sony’s pre-flash exposure metering actually calculates exposure with light ...

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