Business finance software is fast gaining reputation, especially in computerized financial planning techniques two of the principle the reason why many new companies fail to get anywhere beyond the start line are on account of insufficient business capital and poor management expertise, which is why raising money is so vital in the early begin-up levels of business. - internally: develop the hss (hit song science) technology to fit the constantly changing needs of the music industry polyphonic hmi will rely on its managers . Polyphonic's hss analyzes the underlying mathematical patterns in unreleased music and compares them to the patterns in recent hit songs the new technology can isolate individual patterns in key aspects of the music that humans detect and that help determine whether or not they like a given song. Polyphonic hmi’s hss software is the first of its kind to utilize a catalog of millions of songs to predict hits with 80% accuracy, drastically increasing customers’ functional and economic value.
In 2003, mike mccready, ceo of barcelona-based polyphonic hmi, is set to launch artificial intelligence tools, which can create significant value for the music business technology, called the hit sciences (hss), analyzed the mathematical characteristics of music, and compared them with the characteristics of past hits of music, making it possible to determine the potential of the new hit s. Eventualmente una tecnología como el hss de polyphonic puede tener el efecto colateral - y para muchos insospechado . At the time the polyphonic was ready go to market with has they had invested approximately $600,000 dollars on the development of hit song science and found that they were running very low n capital investments. Suggested marketing strategies for hmi polyphonics hit song science hss is a wonderful software to predict the chartbusting potential of a song record labels.
Polyphonic hmi is in the process of establishing their hit song science technology in the music industry major issue is the choice of a target market that would make most effective use of limited $150,000 marketing budget following this decision, polyphonic hmi also needs to determine its key . ¿qué precio permitiría a polyphonic cubrir gastos con hss “a finales de 2003, aia y polyphonic habían gastado unos 600000 dólares en desarrollar hss con la . Polyphonic has spent $600,000 to develop hss, since this is a sunk cost we do not take it into consideration when pricing the product however, we put this figure in breakeven calculation the fixed costs associated with running hss are $500,000 per year. Polyphonic is operating on a “shoestring budget” of $150,000 the company is not helped by initial discussions about hss with potential customers, which have resulted in cold receptions, at best, about the product’s potential application to the music processes despite its multiple strengths. Marketing - $150,000 annual fixed cost of operation at polyphonic - $500,000 (we assume this entire cost as the cost for hss as that is the only product that the company is offering at present) the $600,000 cost of developing hss is development or rnd cost and should be expensed because it is an one-time investment and is not periodic.
Polyphonic is launching hit song science (hss) which analyzes the mathematical characteristics of music and compares them to past music hits, making it possible to determine a song’s hit potential hss could be valuable for three target markets: record labels, producers, and unsigned artists. What does hss stand for article in le monde about polyphonic hmi hit song science is not yet a science - a study that appeared in ismir 2008 index:. To price hss polyphonic should switch to a royalty based rather than fixed from marketing 0001 at new york university. Polyphonic hmi: mixing music and math 1 problem statement after failing at their first attempt to enter the music industry, polyphonic hmi (hereinafter referred to as the “company”), is releasing hit song science (hss), software used to predict future hit songs with 80% accuracy.
A computer program called hit song science (hss) from polyphonic hmi, is being used to predict success or failure for music and it is being used by musicians around the world to finetune the music to which every one of us listens hss compares an artist's proposed music with a vast digitalized . In josquinís polyphonic compositions, a musical passage in which one group of voices comes to a cadence at precisely the same moment that another group begins its statement is called 9 during the 16th century, renaissance composers began alternating sections of imitative polyphony with what other musical texture. Polyphonic hmi is a music analysis company jointly founded in barcelona, catalonia, spain by mike mccready and an artificial intelligence firm called grupo aia its principal product is called hit song science (hss) which uses various statistical and signal processing techniques to help record companies predict whether a particular song will have commercial success.
Defining the problem major issues 1 - marketing analysis polyphonic hmi introduction uncertain attractive yet challenging music industry landscape the music industry is a 32 billion dollar industry, offering a huge opportunity if it can be penetrated. Polyphonic hmi, company analysis decision problems polyphonic hmi is in the process of establishing their hit song science technology in the music industry. Polyphonic hmi is a music analysis company jointly founded in barcelona, catalonia, spain by mike mccready and an artificial intelligence firm called grupo aia its principal product is called hit song science (hss) which uses various statistical and signal processing techniques to help record companies predict whether a particular song . Submitting your work thank you for submitting your work to polyphony hs we take your submission seriously after your piece is received, it will be sent by our managing editor, billy lombardo, into the editorial cycle.
The alternatives the management team of, barcelona-based, polyphonic hmi were faced with were who was their best target market and what was a suitable marketing plan to best position their new technology, hit song science (hss). Based on a software analysis of 250,000 cds for mathematical patterns, and further analysis of the last 5 years of billboards' top 30, polyphonic hmi thinks they know what it takes to rock your world (ie, cause a song to shoot up the charts) of course, major labels are interested (nyt link . Hit song science (hss): analyze mathematical characteristics of music (melody, harmony, tempo, pitch, beat, rhythm and chord progression) to predict a hit potential catalogue of music ( 1950s onwards), database updated weekly to adapt to contemporary hits. The technology, referred to as hit song science (hss), analyzed the mathematical characteristics of music and compared them to characteristics of past music hits, making it possible to determine a new song's hit potential.