There are an increasing amount of startup companies in the IT industry. Many graduates and undergraduate students are, in greater numbers, drawn to the prospect of developing their own startup company. Here, I would like to present some ideas for interesting startups:
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AI startup - numerous companies have appeared due to the recent mass expansion of AI, there are a many possibilities of the implementation of AI for different goals and industries
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SEO (search engine optimisation) and SMM (social media marketing) - this is also increasing in popularity, as many people are looking to promote themselves, as such, there is a large opportunity to assist people’s and business’ growth through SEO and SMM
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Data analytics - given the rise of the volume of data, there is more of a need for data scientists, this enables independent companies to assist in data analysis and data processing
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Telehealth - in the COVID-19 pandemic, many people could not enter hospitals and health facilities as frequently due to infection risks, as such, phone appointments have increased, this field can allow one to better connect patients to healthcare providers
There are a multitude of reasons why creating or working for a startup company would be hugely beneficial for you. For example:
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Develop management skills - you would be required to coordinate resources, assets and personnel, which requires a range of management skills
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Shows initiative - demonstrates that you can start projects and think innovatively
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High reward - given the potentially risky nature of undertaking development of a novel idea, product or service, if successful, can definitely yield a high return on investment