Welcome!

Blog Feed Post

What big companies can learn from start-ups

Innovation requires risk-taking and strong leadership

London, 6th March 2014 - Gone are the days when large, decades-old corporations alone changed the world - now, the companies changing the way we do business are just as likely to have been started five years ago from a spare room.

New research from automation specialist Automic reveals what it is that helps young start-ups succeed - and what others can learn from them.

Automic surveyed start-up companies in the UK, US and Germany to find out their recipe for success: how do they innovate so quickly, what can large organizations learn from the way they work; is culture critical to innovation and how important is IT to success.

The results show the huge influence of the typical "start-up" mentality on successful innovation: Start-ups are willing to take risks, driven by a common vision and product-focused view. They establish an innovation-friendly corporate culture and go easy on human and financial resources.

Innovation is rooted in the DNA of start-ups
Most start-ups rely on the "lean start-up approach", a principle of corporate governance that keeps processes as lean as possible. True to the motto "learning by experience", these start-ups launch new products quickly and rely on the feedback of their customers, meaning they can swiftly correct errors faster and reduce development costs. And while many may imagine young start-ups enjoy a form of creative chaos, in fact 75% have a process and methodology around innovation and product development.

New approaches to tech
Three quarters of start-up respondents automate much of their everyday IT, resulting in greater predictability, sustainability and cost efficiency. This "work smarter, not harder" approach allows them to focus on innovation rather than everyday tasks and "keeping the lights on". In addition, rather than being bound to service providers, start-ups aren't afraid to go elsewhere once service providers no longer meet their needs.

Large company culture can inhibit innovation
Risk-taking is needed in order for organizations to flourish. While large corporations prioritise traditional values such as predictability, reliability and continuity, start-ups focus more on innovation and creativity, and empower their people to pursue this. 70% believe companies fail to innovate due to lack of empowerment and resource; 90% believe that business leaders must be willing to fail.

And rather than the consensus approach favored by many large corporates, half of ambitious start-ups say that a strong 'dictatorial' founder and their vision are of crucial importance.

Craig Beddis, Automic CMO, says: "Most big corporations know that innovation is the fuel of success, but they also have to admit that start-ups are ahead when it comes to innovation. Start-ups are clearly more willing to take risks and pride themselves on their flexibility. Larger organizations should take a leaf from the start-up book and look at how they can 'be more start-up' in their approach to innovation."

Download the whitepaper here: http://offers.automic.com/learning-from-startups

About the survey
The research was undertaken with a cross-industry sample of US, UK and German start-ups during November-December 2013, via face-to-face interviews on a non-attributable basis.

About Automic
Automic is the world's most comprehensive platform for automating businesses. Founded in 1985, Automic pioneered the largest, independent, globally deployed automation platform which powers enterprise, application and infrastructure processes. Now, as the consumerization of IT accelerates, Automic is reimagining how organizations integrate next generation service models such as Cloud, DevOps and Big Data. By challenging conventional thinking, Automic enables its customers to be faster, smarter, and in control. Automic - the standard in business automation.

http://automic.com/

Twitter: @AutomicSoftware
LinkedIn: http://www.linkedin.com/company/14837?trk=tyah
Facebook: http://Facebook.com/automicsoftware
Vimeo: http://vimeo.com/automicsoftware

Source: RealWire

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

Latest Stories
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
When building large, cloud-based applications that operate at a high scale, it’s important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. “Fly two mistakes high” is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Lee A...
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet and...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
910Telecom exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and exchanges.
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, discussed how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a practic...
As software becomes more and more complex, we, as software developers, have been splitting up our code into smaller and smaller components. This is also true for the environment in which we run our code: going from bare metal, to VMs to the modern-day Cloud Native world of containers, schedulers and micro services. While we have figured out how to run containerized applications in the cloud using schedulers, we've yet to come up with a good solution to bridge the gap between getting your contain...
The modern software development landscape consists of best practices and tools that allow teams to deliver software in a near-continuous manner. By adopting a culture of automation, measurement and sharing, the time to ship code has been greatly reduced, allowing for shorter release cycles and quicker feedback from customers and users. Still, with all of these tools and methods, how can teams stay on top of what is taking place across their infrastructure and codebase? Hopping between services a...
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.