Data Science Startup Ideas

  • Individualized Online Data Science Training – Create a series of training materials that can walk a student through different data science topics. The student should be able to go as slow or fast as possible, and it would be even better if mentors could be crowdsourced for help with projects. The training should cost a fee and mentors should be given a cut of that fee. Alternatively, the site could act as a recruitment site and a finder’s fee could be charged to companies that hire a student.
  • Build a Data Science Community – A site where users can share, evaluate, and collaborate on data analysis. I am hoping Sense, Domino Data Labs, or Mode becomes this community, but I think they are all focused on the infrastructure of doing data science, which is probably the important first step. Maybe the community could be built by calling into the APIs of those sites.
  • Random Kindness – Use data about peoples location and interests to encourage people to perform random acts of kindness for others around them. I realize this might have some privacy concerns.
  • Brand Tracking – Collect social activity about a brand and track its sentiment over time. The results could displayed geographically or by customer segment. Bonus points (and dollars), for being able to predict the factors that increase sentiment.
  • Online Marketplace for Data Science Consultants – Allow consultants to easily demonstrate their value and allow companies/individuals to easily find the right consultants. Allow the site to handle the transaction of money. I think Experfy is very close, but I would like it a bit more public. Possibly, allow consultants to build up a public portfolio.

What are your thoughts? Do you have any data science startup ideas or ideas you wish someone would build?


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Comments

10 responses to “Data Science Startup Ideas”

  1. Janet Avatar

    Hi Ryan,
    First off, your posts are great! Thanks for writing them.
    Love your ideas here – we are working on the first one – check us out at http://www.statistics.com/data-science

    1. Ryan Swanstrom Avatar

      Thanks Janet. I will take a look.

      Ryan

  2. Mark cooper Avatar

    Nice Ideas Ryan!
    I love reading your posts, keep them coming 🙂

    Mark

    1. Ryan Swanstrom Avatar

      Thank you and thanks for reading.

  3. Edward Rodriguez Avatar

    Geographic brand tracking with GIS as a visualization and infrastructure tool is my dream startup. What resources would you recommend? thanks!

    1. Ryan Swanstrom Avatar

      Please explain more. What do you mean by Geographic Brand Tracking?

      Ryan

  4. Vaibhav Avatar
    Vaibhav

    Hi Ryan, what infrastructure is required to set up a data science lab where you can get in huge data sets and then work on them to find answers to business problems ?

    1. Ryan Swanstrom Avatar

      Amazon web services has all the tools you would need. It is all in the cloud, so it is cheaper than obtaining your own physical machines. They provide numerous data storage options, hadoop, computation, and scaling. Also, there are many companies working on hadoop as a service. Mortar data is one such company. I hope that helps.
      Ryan

  5. Skv Avatar

    Hi Ryan

    I have an idea that I am looking to promote as a startup. I am looking for potential collaborators and also funding. Please share tips how to get started

    Thanks
    SKV

    1. Ryan Swanstrom Avatar

      Can you share more about your idea?

      Thanks,
      Ryan

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