Page 1 of 1

Not all startups are created equal

Posted: Mon Jan 20, 2025 4:49 am
Not every startup, of course, is able to pass the selection and become a partner in the implementation of this or that task. In addition to what I said above, it is required to be open and transparent, it must be ready for cooperation, which again is not typical for everyone.

For example, some want to grow an original technology with the help of an investor and enter the market. The company's managers are also required to have not only deep technological expertise, but also high entrepreneurial qualifications.

For a startup, cooperation with a large corporation gives canada mobile phone numbers database the opportunity to test its own solutions on real tasks, to make a profit from the project implementation. It also improves its image in business circles. It attracts the attention of venture investors and large market players ready to implement new projects.

In this sense, the EMC principle is not to limit a young company in cooperation with other corporations or funds.

As an example, I will cite our company's cooperation with the young Russian startup InfoWings. Its specialization is big data analytics. Our center does not yet have deep expertise in this area, and cooperation with InfoWings allowed EMC to complete a very interesting project for the Data Analysis Center of JSC NIT of the Government of Kazakhstan.

The project included an analysis of citizens’ use of various electronic government services and the development of recommendations for improving services.

Not every startup is immediately ready to accept a major player's offer of cooperation. For example, company executives are afraid of losing intellectual property. Although the corporation in this case only claims what was generated within the framework of a joint project, namely, intellectual property obtained within the framework of a specific task, which was obtained during the integration of well-known commercial products.