Entrepreneurial decision support engine in forecasting business opportunities
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The master thesis aims at creating a decision support system for new entrepreneurs, which studies the online data on web domains and could recommend to the new entrepreneur if it is a good idea to join that particular business niche. DatoSphera is a data startup for entrepreneurs, inside the Big Data Incubator Incubio. The project followed different stages of development from being part of the Incubio Research department to being incubated after only one month and transformed into a real company. Given that the product is following the Lean Startup Model into a real company, frequent changes and flexibility were the keys to the product development. The user feedback was directly and immediately reflected in the product. The team had also an important role in the definition of the product and its construction. Contact with entrepreneurs and investor¿s trough participation to dedicated events and personalized interviews was the main contribution factor to test the viability of DatoSphera. Currently the project is fully funded. The project was based on the web domains data available within the project Trakty, in Incubio and aimed at creating a spin-off with a big part of this data. For all that, given the errors made during the data aggregation strategy in the Trakty project, the data strategy had to change completely, as well as the product idea.