When looking at developing a replacement for a current product or service here are 4 factors to consider
More – Does it provide more of whatever you provide? More space, more opportunity, more something
Better – Is it better than what is currently out there?
Faster – Does it allow the end user to get things done faster?
Cheaper – Is it cheaper than the competition
If you can answer yes to at least one of these, you have a chance. If the answer is no to these, you might want to reconsider the offering
Have a great day!