bwagy, the blog of Ben Young

This local article caught my eye over the weekend, a security veteran and local taxi cab company are joining forces to utilise the taxi driver network to respond to burglaries (via NZHerald).

Neat little idea.

This is a basic network acquisition model, a security companies value is in its ability to respond to alarms (ie security guard distribution), taxi drivers have distribution but require higher revenue.  By pairing those both parties win.

Not original but that’s what innovation is about, taking an existing model and applying it in a new context…

I also discussed this on the radio this morning:

httpv://www.youtube.com/watch?v=MtGejOaN2qo

Tags: business models, first alert, first response new zealand, network acquisition, security guards, taxi drivers

This entry was posted on Sunday, November 1st, 2009 at 8:53 pm.