A New Project For Me

I have had this enthusiasm for data analysis since a long time. Even during my school days, even though I never used to score good in it, Statistics used to be my favorite topic in Mathematics. In around June 2012, I was introduced to this idea of "Big Data". Although it has been there since a very long time, the scope of analyzing big data for making decisions enthralled me. Add to that my interest in statistics, I thought that a career in data services would be something I would really love to do.

I did a lot of research on this topic then, read magazines, blogs and articles, and discovered that indeed, there is a lot to be done in this sector. Only very large companies properly analyze big data for decision support. Data analysis is considered to be out of reach from small and medium-sized companies for two reasons; one, that they need expertise for data analysis, and two, that outsourcing data services is almost not accessible to them, as big data service providers serve only very big companies, and charge very high fees. This led me to thinking that I might actually try to attack this problem, and the idea of "Indicina Services" was conceived in my head.

"Indicina" is a Latin word I had come across a few days ago, which is derived from "index", and is the root of some English words like "indicator". It basically means information. This would be a perfect name for my startup, as it aims to provide support to those who want to convert "data" to "information". The motto for Indicina could be "democratizing data services", as it is what I aim to do. I plan on creating a platform/application, with the help of which small and medium-sized companies could use tools and techniques which are otherwise accessible only to the customers of giants like IBM and EMC. Although most of the other companies in this sector are more like consultants, I plan to make Indicina more like a software company than a consultant, which would sell a software service to be used conveniently by companies.

I have been trying to get some technical knowledge lately, which I am finding quite interesting. Indicina right now has just a 1-person team, but I am considering adding some team members this month, as I believe I have a working knowledge of the subject. Things have moved very slowly till now, but I really want my startup to take off by this April, for which I have to work real hard in the next few weeks. I hope that once I get a team, things would move faster, as there would be other team members to push me even more. This only increases the importance of getting the right people in the team. I am also looking for a data analysis-related topic for my bachelor's degree thesis, as then I could learn even more and instead of wasting my time on a pedestrian topic, I could spend time on something meaningful, while making a useful bachelor's degree project at the same time.

Please pardon me if I have used some terms related to data wrongly as I am just learning. I would really appreciate it if you could add your feedback and inputs in the comments :-)