Background Cases

Tourism and Cryptocurrency

Big data modeling.

An established tourism company with 15 years experience was facing disruption from smaller competitors utilizing crypto transactions. They had an initial business plan and asked us to test it with big data for their ICO.

Solution

We scraped the web for big data, along with the end-user metrics, and modeled it. Our analysis simply showed that their concept was not profitable, due to the particular Etherium market and the IT required to make it profitable. Using big data modeling and predictions, we analyzed and presented their concept and tech needs. Then we presented another option using tailor-made IT solutions and model predictions which showed a far more sustainable margin.

Results

The client left their original concept behind, which ended up saving over$ 300,000 in investment and development costs. They were happy! For us, it’s about trust and innovation – this is how we’ve grown from 2 to 100 full time employees in 3 years with 0 investors 😊 This client is still with us today.

Why InDevLab

+46(0)8-20-20-09

11442, Sweden, Stockholm, Östermalmtorg 1

info@indevlab.com