Over view/Background
Combox a online mobile compression algorithm based app that stores up to five of your apps inside of it(max)
It runs on java, Mono DB and black box (meaning, a secret language built by the company which will not be revealed it to people)
It will be needed for people with insufficient storage on their cellular device.
questions
Industry Analysis: In this section the member will analyze the industry where the business is operating in in order to prove room for growth and profit potential. a. What business classification does this business idea fall under? b. What industry does it belong to? c. What is the growth rate in the last 3 – 5 years? d. What is the profit potential in the last 3 – 5 years? e. Who is the major direct competitors & major indirect competitors? f. What evidence is there of a need for this product/service? (This is based on the data gathered) g. Size of the industry and what percentage the team predicts it will capture