A business case idea for EY Scholarship 2022.

1. DAAKTAR
A virtual reality-based training
platform for healthcare
professionals.

2. Introduction
A virtual reality-based training platform for healthcare professionals is an innovative and
cutting-edge idea that has the potential to revolutionize the way healthcare professionals
are trained and improve patient outcomes. The platform will provide a realistic,
immersive environment for healthcare professionals to practice procedures, decision
making, and emergency response in a safe and controlled setting.

3. Objective
The objectives of this idea are to improve the skills and knowledge of healthcare
professionals, reduce errors and complications in medical practice, and ultimately improve
patient outcomes. The impact of this idea on the working world will be significant as it will
help to reduce costs associated with traditional training methods, such as the need for
expensive equipment and travel to training locations.

4. Other key non-
profits
Currently, there are a few non-profit organizations operating
in this space, such as the Virtual Medical Center and the
Medical Realities. However, our idea is different from these
organizations as it will be specifically tailored to healthcare
professionals, providing them with a more realistic and
immersive training experience.

5. How is this
different
from
others?
This virtual reality-based training platform for healthcare professionals is different from others in
several ways:
Tailored to healthcare professionals: This platform is specifically designed to meet the training needs
of healthcare professionals, providing them with a more realistic and immersive training experience.
Realistic and immersive environment: The platform will provide a realistic and immersive
environment that closely mimics real-life scenarios, allowing healthcare professionals to practice
procedures, decision making, and emergency response in a safe and controlled setting.
Wide range of training modules: The platform will offer a wide range of training modules that cover
different areas of healthcare, such as surgery, emergency medicine, and nursing.
Cost-effective: This platform eliminates the need for expensive equipment and travel to training
locations, making it more cost-effective than traditional training methods.
Continuous updates and improvement: The platform will be continuously updated and improved
based on the feedback from healthcare professionals, ensuring that it stays relevant and up-to-date
with the latest medical practices and technologies.
Partnership with healthcare organizations: The platform will also be able to partner with healthcare
organizations to provide tailored training modules that suit their specific needs and requirements.

6. Implementation
The high-level implementation plan for the first year includes recruiting a team of experts in
virtual reality technology, healthcare professionals, and instructional design. This team will
work together to develop and implement the virtual reality training platform. The technology
needed for the platform includes virtual reality headsets, high-end computers, and
specialized software.

7. Investment
Required
The investment required in the first year is
estimated to be around $500,000. This includes
costs associated with recruiting the team,
developing and implementing the platform, and
purchasing the necessary technology.

8. Operating Costs
The financial projections for the first two years show that the total operating costs
will be around $1,000,000. This includes costs associated with maintaining and
updating the platform, as well as marketing and promotional activities. However, it
is expected that the platform will generate revenue through subscription fees and
partnerships with healthcare organizations. The projected return on investment is
expected to be within the first two years.