What are Enterprise Innovation Leaders Missing When Looking for New BI-Technology?
When asked to imagine large-scale enterprises, most people will picture a well-oiled but rigid machine that is unable to adapt to change or new technology; unfortunately, that is true more often than not.
Enterprise solutions have the distinct advantage of scaling up endlessly and ensuring a certain level of quality that is consistent, yet at that same time their ability to do one thing, and do it well, is what stifles growth across new verticals and true innovation.
Some enterprise companies are lucky enough to have innovative leaders within their C-level ranks that strive to incorporate new and revolutionary technologies in an old and antiquated world. While a company cannot successfully integrate new technologies without these innovative leaders, just having them is not enough – CIO’s and CTO’s of enterprises that want to bring change must simplify the way change is introduced, integrated and incorporated into their company.
Innovation Leaders in the BI-Technology World Are Looking to Startups
Innovation leaders and decision makers in enterprises have finally recognized the need to seek innovation outside of the confines of their own companies and have turned their eyes to the young entrepreneurs, the startup founders, innovators and dreamers – particularly when seeking new BI technologies.
Innovations in BI Technologies have become the holy grail of thought leaders in enterprises, as they seek new tech-driven processes to analyze the plethora of data they accumulate and try to make sense of it all. Having powerful BI technology as part of an enterprise has the dual function of both improving a companies offering, as well as, streamlining their own operations.
The potential benefits of a powerful BI tool for a large scale company can be felt instantly as BI technologies have the power to accelerate the decision making process based on exact data, optimize internal business processes, increase revenue generation and overall company efficiency and so much more.
Despite understanding the benefit of BI technologies, many enterprises have difficulty developing new technologies, and those who do happen to, often have a hard time integrating their new technology within their company culture.
The solution to the problem enterprises are experiencing is found in the startups they previously shunned.
Startup companies have the liberty of investing time and resources in coming up with a unique solution to BI problems and the result is often a revolutionary BI technology that can improve the way enterprises and their clients operate.
The problem? Enterprises rarely make life easy for startups and they often have a hard time integrating startup technologies within their companies due to the security limitations, integration difficulties and overall aversion to change.
Despite this difficulty, innovation leaders in enterprises are keen to integrate new BI technologies and therefore have been working hard to simplify the way in which startup’s, specifically those with advanced BI technologies, can be incorporated within their company.
The problem is known – even the most innovative thought leaders in large scale enterprises have difficulty finding the proof-of-concept that suits their needs among the hundreds, if not thousands, that pile up on their desk each year. Meanwhile the relevant startups with truly game-changing technology are lost in the crowd or, worse yet, not even seen due to lack of funding, connections or just plain luck.
The solution: Simplify the PoC process
The most feasible and approachable way for enterprises to integrate startup solutions within their companies is found in the ability to communicate via a PoC platform. While there are not many PoC platforms that offer a truly win-win situation for both startups and enterprises, some companies like prooV have managed to create a hub for communication that does more than facilitate conversation, but rather actively simplifies the PoC process.
How does a PoC market network really add value? Simple – enterprises post their exact needs in the industry vertical they are needing solutions for and startups can instantly respond with their PoC and integrate with the selected enterprise. The process of having a PoC as a SaaS streamlines and standardizes the entire PoC process, giving startups immediate access to their enterprise dream list.
Setting up a pilot-as-a-service rather than a self-standing pilot helps startups get one step closer to their next round of investment with access to enterprise CIO’s and CTO’s that can endlessly scale their technology, and it provides enterprises with the ability to instantly access relevant startup solutions that they can immediately integrate within their company and pass on to their clients.
The Bottom Line: Innovation Leaders Can Make a Difference
Ultimately, the innovation leaders within enterprises that have the determination to change the status quo and the foresight to see where their company needs to be, can truly change the way their companies operate by selecting the right collaboration with the right startup. The world of BI technology in particular is one that is characterized by fast paced changes and dynamic modifications – the exact thing startups excel in.
The only question remains is whether or not the innovation leaders in enterprises will know to look for a PoC as a pilot-as-a-service solution to connect them to startups within their industry.