Hundreds of start up are set up each day, some with an amazing idea and some with a not so amazing idea. I believe that in the world of technology every project or every success in tech world has two pillars one is the idea and the other is the excellent execution of that idea. Over a million other factors can be classified broadly in either of these two sets.
Some start ups achieve accolades by slightly changing the existing idea but it is the execution of their plan or risk taking appetite which makes them innovators.
In this post I am going to talk about a few start up ideas which you can modify and implement in you college project itself and get an exposure of various new technologies and research work.
DISCLAIMER : I have selected these idea purely on the basis of their implementation say the functionality of their website or the idea/algorithm which they might be using at the back end. I am not saying that these ideas are too easy that you can set up your own start up and start generating revenue.
1.) WishPicker
This idea is basically a recommendation system. There a lot of research papers which can be obtained form IEEE or Google Scholars website based on recommendation systems. The papers basically add a minor change in a basic structure which one might can think of to make a recommendation. Even though the recommendation system used in sites like Amazon or flipkart are really complex(assuming) but even I worked on a recommendation based research paper for e-governance, where we not only made a recommendation to the users using the web logs but also took care what if the user didn't take our recommendation.
WishPicker is about recommending gifts for your friends and family and allows you to purchase them too, so on the whole it is an eCommerce platform in disguise. You can implement such an algorithm where you first classify each product into a category and add features like age, gender, cost, popularity etc. When a user comes to seek a recommendation of gift with parameter say A,B and C, first find all the products with A, B and C attribute. If that result is less than say 15 then go on to select product with attribute A and B, assuming priority of A>B>C. This idea can be made more attractive with an amazing UI and magazine like structure.
2.) Trip4Real
It is a startup which lies in travel and tourism domain. The idea behind this website is that usually when people travel abroad they not only want to see the famous picture but in a way they want to experience the life of a local citizen. So the idea is that this website provides a platform to local people of the country to post any local event which they might want to organise. For ex if Bob knows how to cook a truly authentic dish or drink of Barcelona, he will post the ad on line so that all those tourists who are visiting Barcelona can attend his class at 'x' cost and specific days and time. This was an example of food category, similar ads can be posted for adventurous games or merely sightseeing.
Important point for such a website is to identify what types of ads can be posted and what is not allowed. For ex how do you stop some one from posting fake deals or deals hosted for illegal agendas. Here basic knowledge of semantic search can be applied. obviously you need not handle all the cases but if you algorithm can handle or stop 40% of malicious content, it will be more than enough.
3.) Meterup
The idea behind this project was to let the users compare the fares of various cab services. This is another idea which most start ups follow. I call such idea comparator idea. Such start ups access the API offered by various websites and compare the cost and let the parent company/the host company to collect the cost. for ex comparehatke/buyhatke. Now coming back to the MeterUp.
The idea is to access the approx fares returned by APIs of leading cab services and and display the result. The made an app and a website for the same idea. Apart from just showing the fares they also show approx distance and access google map api to know the shortest route. The benefit of implementing such an idea is that you understand how to build an Android app and then you also learn to access various APIs.
4.) Braineet
The idea is to let people post any idea they have. From ideas like 'give historical facts on a pizza cover' to 'a new way to keep your books'. The founders thought that most of the times people invent simple methods to implement a particular idea but usually they have no one to share it with. Obviously, people can share such creativity with their friends on facebook but it does not amplify the idea. So they thought they can give a platform to people where they can come in and post their thoughts or suggest an idea. The interface is really simple and easy to use.
Once again, you can take this idea and to enhance your skills you can advance it to either domain : 1.) Make use of complied CSS libraries like Bootstrap to create responsive design or 2.) Implement artificial intelligence or data mining at the back-end to gather the data or rough statistics like how many of feedback about XYZ company are positive and how many are negative using the comments not discrete ratings of any form. 3.) Or use ElasticSearch/solr as search library to search efficiently.
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