OSS (OpenSMEsearch) aims to provide a platform to a massive online visibility problem facing by millions of micro SMEs in Europe. Despite they are regarded as the backbone of the European economy, important source for jobs, SMEs are losing online visibility with massive explosion of big data in the Internet era. This phenomenon is caused by two main factors: 1) more than 40% do not have a website yet and 2) they are not transparently shown in web searches, as the order of results is influenced by optimized, sponsored and paid business results. Therefore, small local businesses are suffering clear erosion in their individual sales, taxable sales for government revenue, which is based on local consumers (B2C) and services to other business (B2B). This problem is of vital relevance for the EU.
OSS is our future flagship product based on pool of public and private data. OSS is a dedicated search ecosystem for European micro SMEs, will provide transparent, relevant and global online visibility, facilitating the matching of business to consumers (B2C) and business to businesses (B2B), eliminating any disintermediation’s. OSS is crowd sourcing, ads free search model coupled with semantic database technologies built on the combination of both open and our private data sources. This product also has potential to extract commercial value from open data and increase private data profitability.
The goal of our project is to make OSS a global success, able to revolutionize the on-line visibility and search for SMEs, while allows us penetrate into the BIG DATA market, which is skyrocketing at a 35% CAGR. OSS is for the people by the people and to the people to make European SME local knowledge globally available.
The objective of this Phase 1 project has been to carry out a Feasibility Study comprehending 5 main areas: 1) Market analysis, 2) Competition analysis, 3) IPR analysis 4) Prototype analysis and development plan, and 5) Financial Analysis.
During the execution of Phase 1 these 5 objectives were re-aligned and strengthened through the Coaching Plan provided by the coach provided by the EC services through the Enterprise Europe Network - EEN), addressing 4 main aspects:
1. Review of the company's business model with a strong emphasis on a highly specific web business perspective.
2. Analysis of road to market implementation alternatives and of potential growth constraints mapping current availability of resources with future needs, including human and financial capital.
3. Team leadership analysis, culture and key organizational issues. Analysis of requirements to develope an intense internet business project with big data and web engine blended capabilities.
4. Individual executive coaching and/or team coaching as required to top management; and follow up and review of overall planning and setting of priorities. Current state, visualization of future stage methodologies and required activities to achieve developmental goals