Startup Incubators and Corporations: a Symbiosis
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This document discusses the symbiotic relationship between corporations and startup incubators and how corporations can benefit from innovations generated by startups. It outlines how startups generate new ideas through processes of copying, combining, and transforming existing concepts (paragraphs 7-9). The document then describes how corporations form standalone teams to monitor trends, generate new ideas through prototypes and minimum viable products, and ultimately commercialize about 1-2 ideas per year (paragraphs 10-13). Specific ideas for new products and services generated through these processes are then outlined, such as providing applications as a service and developing transportation and vehicle platforms as services (paragraphs 15-16).
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- 1. 1 Falling Walls Kiev 2016 Startup Incubators and Corporations: a Symbiosis Vladyslav Kurmaz Consultant Software Engineer 2016/09/29
- 2. 2 Corporation: beyond good & evil
- 3. 3 • Company should evolve to be successful • They are monolithic, hierarchical, inert • Buying start-up is expensive or/and risky Why (they need innovations)
- 4. 4 Ideas are in the air • 99% - many people already thought about it • 90% - product is under construction • 80% - solution is available on the market
- 5. 5 Brilliant idea and Diamond solution Don't even try to sell bottled water to fish underwater
- 6. 6 Innovation: Everything is a remix Copy CombineTransform Creativity is the summary of many inputs
- 7. 7 Copy • Idea costs ’nothing’ (or 1$) • Identify predecessors, their weak and strong points • List potential strategic and tactics issues No one starts out original. We cannot create anything new until we have a solid foundation of knowledge and understanding in our line of work. Copying is how we learn
- 8. 8 Transform • Identify point(s) to improve • Generate variants Taking an idea and creating variations. Major advances are usually not original ideas, but the breaking point in a long history of progress by many different individuals
- 9. 9 Combine • Mix an ideas The most dramatic results happen when various ideas are combined together. By connecting ideas together, creative leaps can be made
- 10. 10 Team
- 11. 11 Key elements • Standalone team • Monitor IT trends (research, whitepapers) • Generate ideas (presentations) • Develop PoCs/MVP (up-and-running solutions)
- 12. 12 Challenges • Senior+ (>10000h) • Experience in more than 2 business domains • Proactive • ~6 months, ~30 interviews to find one engineer
- 13. 13 Stats • ~20 team members • < 5% of PoCs become new products or develop valuable features • ~1-2 year(s) from idea to production • >10 road-mapped ideas per year • 1 new product per year
- 15. 15 CAC – Cloud Applications Control Control SaaS features with standard permissions mechanism
- 16. 16 VaaS: Vehicle-as-a-Service • BYOD : Bring-Your-Own- Device • Virtualization, Samsung KNOX • Games/Streaming • Provisioning, Mobile Device Management, High availability, etc. • IoT Copy CombineTransform • SYV : Share-Your-Vehicle (Uber) • Car driver detection, Safety, Robustness • New genres • Software updates, Apps market (Tesla), Software Personalization • Connected cars (Nokia) • Next Big Thing? • … TaaS: Transportation-as-a-Service
- 17. 17 Thank you Vladyslav Kurmaz Consultant Software Engineer vladyslav.kurmaz@globallogic.com +38-050-636-4294