1DATA ANALYTICS CASE STUDY Key Insights: The start-up muster highlights the rapidly growing and emerging technology sector as well as the emerging innovation ecosystem. Since the year 2106, the number of start-up has rapidly increased with the increase in revenue of the start-ups. At an international level, the start-up foot prints of Australia have increased to a great extent and the start-ups has been able to make their existence felt overseas. AustCyber is another firm that promotes cyber start-ups of Australia overseas. The government also invested $50 million into the industry to raise the sector for a positive outcome. The Government has recently provided support for the Startup Muster’s connection features. This has furthermore enabled timely, highly quality and mutually advantageous relation between the business and start-ups to support them. Start-ups in the recent times play a vital role in the innovation ecosystem of Australia. They make major contribution for increase in the sales, jobs and exports that are compared with the various firms. Start-up Muster has contributed startup dialog on a global scale.In the present times, Startup Muster has also been able to launch and build the connection feature. His feature s helps all such businesses that support startups. This can help in connecting with all such startups that they can specifically assist. This facilitates in finding the correct support at the correct time. Application of Start-up Muster survey data helps the connection features to link with the supporters of the start-up ecosystem. This includes accelerators, investors and also the professional service providers. The survey will help in ascertaining the various kinds of startups that they are most keen on supporting. The increased in development of the Startup Muster furthermore illustrates the commitment and connections to accelerate and capture the start-up ecosystem in Australia. The new features further allow minimizing the time startups
2DATA ANALYTICS CASE STUDY and also support such businesses that try to connect with each other. On the other hand, this feature also increases the profitability for all the mutually advantageous outcomes. Data collection and management: The Startup Muster online survey was made from the July to August in Australia. During this time period, the businesses engaging it in start-ups or provided support to the start-ups were eligible for the survey. The data collection method was quantitative in nature and primary data were used in which altogether 2214 respondents participated. The relevancy of the questions varied between the startups and free written text responses were used. The estimates of the report were found to be cross sectional in form. This demonstrates that the figures of the given year are completely based on a sample representative for the broader startup. Promotion of the given survey was further made with the help of social media channels like Twitter, Facebook, LinkedIn and word of mouth. Moreover, the launch of the survey in 2017 was made co-incidentally with the launch of connection features and has further allowed their supporters to assist the start-up business they want. The report highlights the responses that were collected within the six weeks time period. Critique of the presentation method The presentation method that is being used in the Startup Muster annual report is madevisuallyattractivetoattracttheattentionof theviewerstodifferentimportant information of the new entrants in the market. The different scale of performance that is being indicated as the graphs has helped in maintaining the different levels of perception of the chief stats. Thepicturesque presentationof the report has helped in maintaining the different levels of perception as per the needs of the viewers. The presentation is created to
3DATA ANALYTICS CASE STUDY make the viewers aware of the changes in the market scenario. Therefore, the report enumerates the different charts and graphs which clearly portrays the growth of the new entrants in the market. It has helped in identifying the different changes in the market through the entry of the new businesses in the market through the delineation of the percentage of the shares. The presentation method is based on the understanding of the variable factors of the change in the markets. The presentation of the report is thereby crafted to fit in the perception needs of the viewers and thereby address their understanding of the impact of the growth of the startups in Australia. Visualizations The visualizations have affected the manner in which the report is being presented. The visualization of the report helps in affirming the different needs of the viewer based on the portrayal of the graphs through which the current position of the market after the inclusion of the new entrants is perceived. The different elements of the visual affects are based on the preferences of the viewers. The usage of the clear font and style has helped in maintaining the various aspects of clarity. On the other hand, theportrayal of the data is facilitated through the different figures and graphs that helps in maintaining the concept of thechanges in the market through the performance of the new entrants. The graphs and tables that are included in the report have helped in enhancing the visual approaches of the report to make the report more attractive to the viewer. It has helped in maintaining the steady growth of the perceptibility of the viewers. On the other hand, the graphs and the visual effects create a lasting impression in the mind of the viewer, which helps in maintaining the different levels of perception that the viewer aims at achieving through the review of the report.
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4DATA ANALYTICS CASE STUDY Possible improvements The possible improvements that could be brought about in the report is based on introducing a bit of content along with the graphs and the charts to make the viewers aware of the meaning of the figures and the points that the images are trying to convey. The major aspects of the change in the substance of the report are based on the content. Content will be making the report more rich in its approach to make the readers aware of the absoluteness of the market related changes based on the activity of the new entrants.