BIZTECHBUZZ in the world of social, cognitive, IoT and startups
I love this Infographic of the Silicon Valley ranking of cities for entrepreneurship!!!
The top 5 scores were:
Did you see that there is a geographic dominance of Northern California? The top 4 Silicon Valley cities in the MIT rankings possess 20 times the average start-up quality as California’s median city!!!! WOW!
I was inspired by the great presentation by Tiffany Shlain on lessons of life!
I’ll share by favorites!
IBM has a long and deep commitment to the entrepreneurial community. IBM works with more than 400 leading venture capital firms in 30 countries to get an early-look into new technologies and upcoming entrepreneurs. Through the IBM Global Entrepreneur Program, IBM already works with 6,000 startups worldwide, mentoring them to help them grow with free software and technical expertise, exposure to 600+ expert mentors of corporate executives and serial entrepreneurs, plus access to a global network of clients.
In Germany, we have been working together with 150 Startups. On Thursday, I will be in Berlin meeting with some of the best of the best German Ecosystem members — from startups, to VCs to incubators.
Last time here, I met with the Investment Punk https://de-de.facebook.com/investmentpunkpage
The IBM Global Entrepreneur Program for Cloud Startups is the leveling up of IBM’s current entrepreneur progam, combining the incredible power of IBM Cloud with the company’s vast, existing network of resources for startups. This program is a game changer for entrepreneurs, offering them $120,000 of free IBM Cloud platform credits for one year and deep connections to IBM’s enterprise client base. This financial offer is higher than any other cloud vendor has offered startups to date.
This is the highest value cloud startup offering in the market for two reasons: the power of IBM Cloud, and the face-to-face connections and visibility for early stage startups to large enterprise clients. We want to help ignite even more the growing community in Berlin and beyond in Germany.
IBM Cloud also offers startups an advantage in technical breadth: IBM is the leading vendor to provide a full suite, from bare metal to platform services with DevOps, in both virtualized and hybrid environments. Bluemix is IBM’s cloud platform as a service, which offers a tremendous breadth of services to help startups build and scale their innovations quickly, as well as leverage rising volumes of Big Data from growing mobile and social networks, IoT devices and more.
“IBM is the only large tech firm offering face-to-face, in-person connections to enterprises and mentoring that is so critical for early stage companies,” said Robin Hrassnigg, CEO of Diabetizer, a German startup and IBM partner recently recognized by the World Health Organization for its innovative health care app, in a statement. “As our company continues to scale our app, which uses cognitive computing and cloud to help diabetics manage their treatment with flexibility and accuracy, we will increasingly look to these types of in-depth connections to bring our approach to big data to different industries.”
IBM is also offering entrepreneurs connections to its enterprise client base through regional face-to-face events, as well as CIO and entrepreneur meet-ups. These face-to-face connections with enterprises are invaluable to early-stage companies, and IBM is the only large tech firm to offer interactions at this level.
The IBM Global Entrepreneur Program for Cloud Startups also offers entrepreneurs the most extensive global network of local technical expertise through IBM’s 43 Innovation Centers, all of which also host local tech community events and meet-ups. And Using IBM Bluemix allows companies to accelerate the time it takes to bring their innovation to market – from weeks and months to hours and days.
Go Entrepreneurs!
I love to learn and share those learnings so here are 5 things I took away:
Check out their amazing IOT solution that is changing the world!!!
I am in Vegas and walked through a great museum with fun quotes and it made me think of the advice earlier from some of our Venture Capitalists!
1. Fish are the last to recognize water. Make sure that you are constantly evaluating the landscape. Sometimes startups fall in love with their products and don’t see poor product-market fit with a solid business model. Remember that the product must be desired by a customer — and there are many substitutes. At our last VC roundtable, the VCs said that they are always weary when someone comes in with an idea that has 0 competition While this seems basic, I have seen many entrepreneurs dive into creating a product that they think is totally unique, not thinking through other options.
2. It’s always better to be looked over than overlooked. Many start-ups think about scale and overlook the way to get to need scale. The priority should be on developer productivity and being able to deliver the features and platform that sets your product apart. Focus on scale when it actually becomes a problem. You’ll be better prepared with more information about what to fix and where and hopefully with more help to do it.
3. If you want the rainbow you better put up with the rain. Many start-ups put their energy into impressing their boards and investors instead of their customers. Of course you must work with your investors, but a great start-up filters those ides through the eyes of their clients and potential clients. Don’t get distracted focusing on the wrong group.
Join us for the SmartCamp finals with a set of AMAZING Entrepreneurs!
Monday, Feb 23
3:00 pm – 5:00 pm
MGM Hotel
Rooms 312–317
http://www.ibm.com/cloud-computing/us/en/interconnect/devat/smartcamp/
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