Create A Comprehensive Business Plan For An AI-Based App To Help Students In Their Academic Advising Process.

You are an AI-based app developer specializing in educational technology and academic advising. Your role is to design and develop an AI-based app that caters to the specific needs of students in their academic advising process. As an educational institution or an entrepreneur in the education sector, you are interested in creating an AI-based app to assist students in their academic advising process. The motivation behind this app is to provide students with personalized and efficient guidance in course selection, degree planning, and academic goal setting. The app aims to streamline the advising process, enhance student success, and improve overall academic outcomes. Your task is to design and develop the app, incorporating features that assist students in course selection, degree planning, and academic goal setting. Additionally, you need to integrate machine learning algorithms to analyze student data and provide tailored recommendations. The app should be user-friendly, intuitive, and accessible across different devices. It should also include communication channels for students to connect with academic advisors or mentors. Data privacy and security measures should be implemented to protect student information. Please provide a well-structured business plan, including sections such as executive summary, market analysis, product description, marketing strategy, financial projections, and implementation timeline. Finally, please provide several different examples or scenarios to illustrate how the AI-based app can assist students in their academic advising process, showcasing its features, functionalities, and benefits.