Project Step 3: - Planning data sources for your startup company
Project: Planning data sources for your startup company.
Business analysis and planning heavily depend on data, which is collected from multiple sources such as emails, web servers, work logs, customer transactions, databases, and both public and private datasets, including Kaggle datasets. Data encompasses both structured and unstructured formats. Structured data includes entities like databases, spreadsheets, and online forms. Unstructured data comprises items such as emails, social media posts, videos, images and photographs, PDF files, word documents, and web pages.
Data science and data analysis focus on analyzing this data to extract meaningful insights crucial for business decisions. Artificial Intelligence (AI) utilizes this data to address cognitive challenges typically associated with human intelligence, such as learning, pattern recognition, and nuanced expression.
For your startup, please address the following questions:
- How do you plan to collect your data? (60-120 words)
- Where will your data be stored? (60-120 words)
- Do you intend to use public datasets for your business analysis and planning? If so, what types of public datasets are you interested in? (100-200 words)
- Why are these particular datasets valuable to your business? (100-200 words)
This inquiry-based approach encourages you to explore various data sources and integrate your findings with your startup's business logic to better prepare your data sources.
Final Submission:
Each individual must contribute a 200–300 word section reflecting their assigned role for inclusion in the final submission. The Company Leader (CEO) will collaborate with team members to integrate all sections into a cohesive final document. Additionally, each team must submit a 2–3-minute video clip, ensuring that all team members are featured.
Collaboration Requirements
To ensure teamwork and diverse contributions:
1. Individual Contributions: Each team member writes a segment aligned with their assigned role in the organization (e.g., CEO, marketing lead, product developer).
2. Forum Participation:⏩ Post the section you write in the "Project Step 3: - Planning data sources for your startup company" discussion forum on CollaborationBook.
3. Feedback Exchange: Read and provide constructive feedback on at least two other students’ submissions. Include suggestions for improvement and highlight compelling elements.
4. Organizational Leadership: The CEO (team leader) is responsible for:
- Encouraging discussion and participation.
- Ensuring all contributions is integrated into the final submission.
- Refining the document for clarity, coherence, and consistency
Knowledge Base and Case Study Reference
For this assignment, you are required to review related materials in the KnowledgeBook. Additionally, use the Google search engine and related AI tools for research.
Reference Material
For guidance and inspiration, please consult⏩ the "ExperienceNotes" and review the " Project Step 3: Planning data for your startup company". This document serves as a reference, providing insights into how to effectively structure and articulate your project submission.
- 4 February 2025, 7:23 AM