Choose A Data-Driven Project Or Startup Idea With Your Team - IT/Computer Science Assignment Help

Assignment Task

Guidelines
Choose a data-driven project or startup idea with your team
• What is the problem we are trying to solve?
• Who are our primary beneficiaries?
• What is the value proposition delivered to our beneficiaries?
• How can we create value for our project/startup? From the vco model, identify clearly
• Our values, aspirations, and vision that will guide the rest of our analysis analyze well and complete our ecosystem and value chain
• Where do we need to stand in the value chain?
• Which components are more critical?
• Do we need to partner or ally?
• Do we need to replace some links in the value chain (integrate parts of the value chain), why?
• Do we need to create new links in the value chain (value chain mapping), why?

Analyze well our swot with a focus on data aspects
• Assets, capabilities
• Ecosystem and value chain
• Pestle
Decisions and actions (tows/vco) (remember that vco is equivalent to tows filtered by the values)
• Which decisions and actions do we need to undergo to create a differentiated value?
• Which actions can be improved by data analytics?
What is our customer journey / product lifecycle?
Build our data-driven business model canvas
• Based on the decisions from the tows
• How are we going to profile our customer to deliver our value proposition?
• Which analytics tools are we going to rely on?
• Which data sources are we going to rely on?
• Which data types (active, passive, inverted)
• How do use the developed profiling to improve our relations with the beneficiaries?
• Which channels are we going to use to reach our beneficiaries?
• Are there key players from our ecosystem that we need to partner with?
• What are the key activities that we must perform to reach and maintain our competitive advantage?
• What are the key resources that are necessary to achieve our competitive advantage?
• What are our key cost components?
• Which data monetization strategies are we going to use?
• Which revenue models are we going to deploy to make our model sustainable (for non-for-profit projects) or profitable?

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