The stakeholders for this technological development will be inclusive of internal and external stakeholders. The internal stakeholders will be inclusive of employees, IT department employees, different unit managements based on different operations in the company and the several project management teams. The external stakeholders for this project will be inclusive of iCetena, project manager teams comprising of high skills and environment of digital businesses and knowledge base of digital perspectives and market of ICT (Bets 2010). Further stakeholders can also be helped by other perspectives of technology and associated perspective for facilitation of access with regard to technology such as the need of finance or skills of digital perspectives etc.
When projects are initiated, there is a tendency in them to gain momentum rapidly and it is essential for ensuring that all the project resources, the invested time and initiatives of energy are not being used within a project that does not have the ability of generating a stronger feedback. Also, actual assessment of magic mirrors will not be possible without significant difficulty and there is a higher degree of chance leading towards error significantly. Mistakes on the intellectual property protection needs to focused in order to prove that the project has uniqueness and will help in development of portfolio of technology. Therefore it will first be required from the perspective of icetena to develop and build to maintain a considerable portfolio for intellectual property. Further, it will be required to develop a review of landscape with respect to Magic mirror. The projected cost of this intellectual property will be 5 billion dollars. Even though the amount is huge but the benefit which this technology will offer has considerable outcomes.
The potential collaboration between iCetena and the University of Curtin will lead towards considerable outcomes. The collaboration will also help both the organizations to help each other in the formation of this new technology (Bets 2010). However, the process will require cost and more effective approaches but as the analysis of value chain depicts such high degrees of success that the cost can be taken to be considered below outcomes of this technological development.