Aptive Plc’s Commercial Technological Évaluation

APTIVE PLC’S COMMERCIAL TECHNOLOGICAL EVALUATION
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Contents 1.0 Introduction. 3 2. Literature Review.. 4 3. Product/Service. 6 3.1 A4 Business Model Canvas (BMC) Table. 6 3.2 Competitors. 7 3.3 Top Stakeholders. 7 4. Analysis. 7 4.1 Design Criteria. 7 4.1.1 Technical Criteria. 7 4.1.2 Economic Criteria. 7 4.1.3 Social Criteria. 7 4.1.4 Environmental Criteria. 8 4.2 Triple Bottom Line Impacts. 8 SmartBoost Economic. 8 4.3 Steps to Respond to Economic, Environmental, and Social Challenges. 8 4.4 Risks and Risk Management 8 5. Concluding Remarks. 9 5.1 Conclusion. 9 5.2 Reflection. 10 6. References. 11   List of Tables Table 1:A4 Business Model Canvas (BMC) Aptive Plc. 6 Table 2: Triple Bottom Line Impacts of Aptive Plc. 8  List of Figures Figure 1: Venn-Type Diagram of Aptive Plc. 4  Word Count: 3300 Number of Section: 7  Aptive Plc’s Commercial Technological Évaluation 1.0 Introduction Aptive plc is a British-based company specialising in developing and delivering innovative water and wastewater treatment technologies. The company’s products are designed to be sustainable, energy-efficient, and cost-effective, and industrial, municipal, and agricultural clients worldwide use them. The main idea/problem that Aptive plc is trying to solve is the growing demand for clean and safe water, which is one of the global challenges facing humanity today. According to the United Nations, around 2.2 billion people lack access to safe drinking water, and by 2025, half of the world’s population could be living in water-stressed areas (Pichel et al., 2019). Water scarcity is not only a humanitarian issue but has significant environmental, economic, and political implications. Aptive plc’s technologies are designed to help address this challenge by providing innovative water and wastewater treatment solutions. The company’s products include advanced oxidation processes, electrocoagulation, and membrane filtration systems that effectively remove contaminants and pollutants from water sources. By doing so, Aptive plc contributes to the United Nations’ Sustainable Development Goal 6, which aims to ensure the availability and sustainable management of water and sanitation for all. The company aims to become the global leader in sustainable water treatment solutions (Brous et al., 2020). Aptive Plc seeks to achieve this by leveraging its engineering, chemistry, and environmental science expertise to develop cutting-edge technologies that address the world’s most pressing water-related challenges. The company’s vision is to create a world where clean and safe water is accessible to all, regardless of geographical location or socio-economic status. To achieve its mission and vision, Aptive plc has established a set of core values that guide its operations (Zini et al., 2020). These values include innovation, sustainability, customer focus, integrity, and teamwork. Aptive plc’s emphasis on integrity is reflected in its commitment to ethical and transparent business practices. Finally, the company’s teamwork values emphasise collaboration, communication, and mutual employee respect.Figure SEQ Figure \* ARABIC 1: Venn-Type Diagram of Aptive PlcTo illustrate the critical components of Aptive plc’s mission, vision, and values, a Venn-type diagram has been created that highlights the overlapping areas of these concepts. This diagram shows how Aptive plc’s focus on innovation, sustainability, customer focus, integrity, and teamwork all contribute to the company’s mission of becoming a global leader in sustainable water treatment solutions and its vision of creating a world where clean and safe water is accessible to all (Sachs et al., 2019). This report aims to give readers a comprehensive understanding of Aptive plc’s role in addressing the global water challenge and its commitment to sustainable and ethical business practices by highlighting the importance of innovation, sustainability, customer focus, integrity, and teamwork.2. Literature ReviewAptive Plc has several technologies and products to address the global water challenge. One technology that the company has successfully commercialised and has a high technology readiness level is the Electrocoagulation (EC) system (Delic & Eyers, 2020). The company’s commitment to innovation is reflected in its continuous investment in research and development, which enables it to stay at the forefront of water treatment technologies. Aptive Plc’s focus on sustainability is demonstrated by its commitment to reducing energy consumption and minimising waste in its operations. The company’s customer focus is evident in its dedication to delivering high-quality products and services that meet the specific needs of its clients (Hock-Doepgen et al., 2021). One of the most significant changes in the engineering business environment is the increasing adoption of digital technologies. As more companies seek to digitalise their operations and processes, the demand for engineering services that support these technologies is also growing. Aptive plc has demonstrated its ability to adapt to these changes by expanding its capabilities in digital engineering. For instance, the company has invested in building a team of data scientists and software developers who can deliver digital engineering solutions to clients (Sachs et al., 2019). Aptive plc has partnered with leading technology companies like Microsoft and Amazon Web Services to leverage their platforms and services to deliver cutting-edge solutions. Another significant change in the engineering business environment is the shift towards sustainability and renewable energy. With the increasing concern for climate change, there is a growing demand for engineering services that can support sustainable infrastructure development and renewable energy sources. Aptive plc has responded to this change by establishing a dedicated sustainability team that delivers solutions promoting environmental sustainability (De Luca, 2018). The company has also invested in developing expertise in renewable energy technologies such as wind, solar, and hydrogen fuel cells.In addition to these changes, the engineering business environment is becoming more competitive. With the globalisation of markets, engineering companies face increased competition from domestic and international players. To remain competitive, Aptive plc has adopted a customer-centric approach that focuses on delivering high-quality services and solutions that meet clients’ needs. The company has also invested in building a solid brand reputation through its commitment to excellence and customer satisfaction (Hock-Doepgen et al., 2021). The EC system is an electrochemical treatment process that uses aluminium or iron electrodes to destabilise and remove contaminants from water. The system generates metal ions that neutralise the charge on suspended particles, forming flocs easily removed by sedimentation or filtration. The EC system is a highly effective and efficient treatment technology that can remove many contaminants, including organic and inorganic pollutants, bacteria, viruses, and heavy metals.Aptive plc’s EC system has several advantages over traditional water treatment technologies. For instance, the system is highly energy-efficient, requiring only low voltage and current. Additionally, the EC system is a sustainable technology, as it generates less sludge than traditional coagulation/flocculation systems, and the sludge produced can be easily dewatered and disposed of. The EC system is also a compact technology, making it ideal for use in small-scale applications or locations with limited space. Aptive Plc has successfully commercialised its EC system, and the technology is being used in various applications, including industrial wastewater treatment, municipal water treatment, and agricultural water treatment. The company has also developed a mobile EC system that can be easily transported and deployed in emergencies, such as natural disasters or humanitarian crises (Fukuda, 2020). The EC system has a high technology readiness level (TRL) of 9, which means the technology has been fully developed, tested, and demonstrated in a relevant environment. Aptive plc has conducted extensive research and development on its EC system, including laboratory testing, pilot-scale testing, and field trials. The company has also collaborated with universities, research institutes, and industry partners to develop further and optimise the technology. Aptive plc’s EC system is an innovative and effective technology that can potentially address one of humanity's global challenges: access to clean and safe water (Anonymous, 2015). The EC system is a sustainable and energy-efficient technology that can remove many contaminants from water. It is an ideal solution for various industrial, municipal, and agricultural water treatment applications.Aptive Plc’s EC system is a prime example of the company’s commitment to innovation and sustainability in developing water treatment technologies. The successful commercialisation and high TRL of the EC system demonstrate the effectiveness and reliability of the technology and its potential to contribute to the achievement of the United Nations’ Sustainable Development Goal 6. The company is well-positioned to navigate the changing engineering business environment (Fukuda, 2020). The company has demonstrated its ability to adapt to the increasing adoption of digital technologies, the shift towards sustainability, and the growing competition in the industry. Aptive plc has invested in developing expertise in these areas and has established strategic partnerships with leading technology companies (Sliż & Delińska, 2021). By delivering high-quality services and solutions that meet clients’ needs, Aptive plc can continue to grow and expand its business in a rapidly changing engineering business environment.3. Product/ServiceAptive plc is a UK-based engineering company specialising in providing technical consulting and engineering services to clients across various industries. The company has a long-standing reputation for delivering high-quality engineering solutions and services to its clients. However, like any other engineering company, Aptive plc operates in a rapidly changing business environment where commercial technology development plays a crucial role (Veeramany et al., 2019). The product/service selected for assessment is Aptive plc’s EC system, an electrochemical treatment process that uses aluminium or iron electrodes to remove contaminants from water. The EC system is a highly effective and efficient treatment technology that can remove many contaminants, including organic and inorganic pollutants, bacteria, viruses, and heavy metals. The reason for selecting this product/service is due to its high technology readiness level and successful commercialisation, as well as its potential to address one of the global challenges facing humanity today.3.1 A4 Business Model Canvas (BMC) TableTable SEQ Table \* ARABIC 1:A4 Business Model Canvas (BMC) Aptive PlcKey PartnersKey ActivitiesValue PropositionSuppliersR&DSustainable and efficient water treatment technologyCustomersManufacturingHigh effectiveness and efficiency in removing contaminantsIndustry partnersMarketingCompact and mobile technologyCost StructureProduct SalesR&DMarketingRevenue StreamsCustomer SupportSales TrainingValue to Customer/MarketAs shown in the table above, Aptive plc’s EC system provides several benefits to the customer/market, including high effectiveness and efficiency in removing contaminants, sustainable and efficient water treatment technology, and a compact and mobile design (Clark, 2019). The system also requires low voltage and current to operate, making it highly energy-efficient, and generating less sludge than traditional coagulation/flocculation systems, making it a sustainable technology. Additionally, the EC system can remove a wide range of contaminants, making it an ideal solution for various applications, including industrial, municipal, agricultural, and emergency relief water treatment.3.2 CompetitorsThe main competitors of Aptive plc’s EC system are traditional coagulation/flocculation systems, membrane filtration systems, and activated carbon systems. The advantage of the EC system over these competitors is its high effectiveness and efficiency in removing contaminants, sustainable and efficient water treatment technology, and compact and mobile design (Meenakshi et al., 2022). Additionally, the EC system generates less sludge than traditional coagulation/flocculation systems, which makes it a more sustainable technology. In comparison, membrane filtration and activated carbon systems may be more effective in removing specific contaminants, but they are less efficient and generate more waste.3.3 Top Stakehold...