That’s why startups are “killers” or “revolutionaries” that really turn an industry upside down and change its laws.
What technologies will turn a startup into an “industry killer”
Neural networks are our everything. According to my observations, all large and successful projects are somehow connected with ETL technologies — «Extract, Transform, Load».
This is a process where we take raw data, transform it, manipulate it, and extract important entities from it. And then we do Load — unloading data into the interface.
The red line of all my projects
in the US is precisely data analytics and insights from this data that are relevant for business.
At Privaclouds it was consumer marketing behavior analytics, TerraManta analyzes colossal amounts of data to find correlations between world events and oil price dynamics.
At Hardin Scientific, we analyze a huge array of data from sensors and devices, make a forecast of the viability of a microbiological organism in an incubation chamber, as well as a forecast of the failure of a particular component of the equipment.
What industries are in demand now?
I believe that the most in-demand and promising industries are fintech and medical devices. But this is very subjective, because my companies work in these industries.
In fact, those who change the
industry and break it in a good way gambling database korea will be in demand. Regardless of the point of application or industry: in transport, logistics, analytics, medical equipment, education – it doesn’t matter.
No need to reinvent the wheel, just attach an engine to it so it can move itself. Automate the work of current industries and it will be a successful startup.
The growth of startup projects is influenced by the natural process of development of technologies that did not exist before. middle east mobile number services Even 10-20 years ago, no one could predict that the most powerful computer with the Internet would be in the pocket of almost every person on the planet.
If earlier it was necessary to use a lot of resources to solve a problem, now they can be replaced by technologies. And startups offer exactly this solution. Automation is the key word here, this is the engine.
“An investor won’t look for you with an iron and a soldering iron”: how to get funding and first contracts
In terms of investment culture and investor trust in startups, the US market is more mature.
Here the investor understands that this money can be lost and that is why a portfolio is almost always formed. This is when burkina faso business directory you invest in 10 companies, knowing in advance that most likely 8 of them will go bankrupt, and another one will return only the body of the initial investment. And only one of the ten will return the so-called X’s – a multiple of the initial investment, which in theory should cover the losses of the entire portfolio.
The most reliable way to find funding or first contracts is to join an accelerator.