Soldiers in the U.S. Military proudly serve their
country, knowing that many risks are involved. It is up to individuals and
training gear to ensure that these soldiers are well equipped and well trained.
Naval Air Warfare Center Training Systems Division (NAWCTSD) is a government agency
focused on providing the highest quality training for the U.S. Military. To do
this, NAWCTSD hosts collaboration events between companies and the government.
This allows companies to help the U.S. Military innovate faster.
This
project aims to provide a return on investment (ROI) analysis on the
collaboration events. Since they are funded by the government there is no
profit. This makes it hard to use a regular ROI analysis. Therefore, our team
calculated an untraditional ROI for the Procurement Administrative Lead Time
events held by NAWCTSD. This showed that the current process is saving them
$10,000.
We also created a
recommendation list of data for future use. This list of data is used to do
more in-depth ROI analysis for each collaboration event. This includes
collecting data on company involvement with contracts. NAWCTSD can now carry
out larger and more detailed ROI projects with minimal work once this project
has ended.
Collecting
data is the same as collecting profits for this project. NAWCTSD continues to
collect large amounts of data. This can then be used with our provided plan to
get the ROI analysis they want. This project serves as the first step to show
politicians and high-ranking officers the value of NAWCTSD’s collaboration with
companies. The ROI can potentially increase funding and provide overall better
training simulations for the U.S. Military.
Team Orlando is a collaborative alliance that has been put together to share information on technology that is in the best interests of the Department of Defense (DoD)
- Standardized ROI: Create a repeatable return on investment method that assigns an
established value to both monetary and non-monetary
attributes of collaboration
- Data Visualization: Perform and visualize an analysis on all acquired forms of data for the
ease of communication in both military training and
industry presentation
- Data Recommendation Piece: The team will provide a list of data questions for
attendees of ongoing in-person/remote collaboration events hosted by NAWCTSD
and their partner Tech Grove Research Park
- Support Continued Collaboration: Using prior research done by Team Orlando, the Senior
Design Team 408 will build upon evidence supporting why collaboration with
industry creates a positive impact on government innovation