A Technavio report published earlier last year estimates the global cloud-based marketing platform market to grow 9% annually over the period 2017 to 2021. The market is dominated by big players like Adobe Systems, Oracle, Salesforce, and IBM. But there are a few other vendors like Billion Dollar Unicorn HubSpot (NYSE:HUBS) that are doing very well in the industry.
Sramana Mitra: Why optical? Where did that idea come from? What was your background or any of your co-founders’ background that drew you to that particular idea?
David Menning: We weren’t really optical-specific in terms of our expertise. We were rather entrepreneurs and savvy young business people. We were looking at identifying niches or business ideas with a lot of opportunity for the future. As mentioned, we saw that books were being sold online. You may recall that back in the day cameras were much more expensive in America and Australia than in Japan.
If you travel to Japan 15 years ago, you can buy those sorts of cameras much cheaper than in other parts of the world. It was >>>
I have been thinking about how companies are getting showered with capital these days once they reach product-market fit and traction, and how unhealthy that phenomenon often turns out to be.
Is there another way?
Of course there is!
Vivek Ladsariya, Partner at SineWave Ventures, talks about the firm’s investment thesis, as well as trends in the industry.
By Guest Author Paul Daugherty and H James Wilson
Human+Machine: Reimagining Work in the Age of AI is a new book by Paul R. Daugherty and H. James Wilson that discusses how AI gives businesses the power to reimagine and transform their processes. Here is an excerpt from the book, reprinted by permission of Harvard Business Review Press. >>>
Olivia has built a powerful B2B e-commerce business that connects wholesalers and retailers in categories like fashion and home furnishings.
Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?
Olivia Skuza: I was born in Adelaide, Australia. It’s a little town that has only about a million people. My parents were Polish immigrants who moved to Australia in their early 20’s. They moved to Australia with absolutely nothing. My father worked any job that he could get including places like Pizza Hut to try and support the family while my mother took care of me and my sister. >>>
Accenture is deeply entrenched in innovation as technology moves at a breakneck pace, and their clients all need to stay apace. Read how Paul and his organization structures continuous innovation.
Sramana Mitra: Tell us a bit about how you are thinking about corporate innovation at Accenture from a broad framework point of view.
Paul Daugherty: The way my job and my role is shaped is to look ahead a couple of years and make sure that we’re always moving Accenture’s business in the direction technology is going so we are better positioned and even more relevant in the future than we are today. Accenture is a big company. We have about 440,000 people and about $35 billion in revenue. It’s a big >>>
I interviewed the CEO of Fortinet Ken Xie way back in 2010, a year after it went public. Ken had also co-founded NetScreen, which was acquired by Juniper for $4 billion stock in 2004 when it had revenue of $200 million. Both companies bootstrapped first and raised money later. Today, Fortinet (NASDAQ: FTNT) is a global leader in broad, automated, and integrated cyber security solutions with a market cap of close to $10 billion. >>>