How do you engage startups? Is it a part of your IT strategy?
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We have been a member of Vation Ventures startup council for a little under a year. This brings us opportunities to gain visibility into the startup market and identify prospective opportunities that might fit.
It's not an option for a small community bank. Risks would be too great, and regulators wouldn't agree.
At Taimingo we are a startup, so naturally we engage with startups as we in IT are looking for startups who provide value to our pivot environment.
We engage startups as a way to understand up and coming technology trends and also as part of regular M&A investigations.
In order to Accelerate the process of Technology & Innovation Sourcing from average of 9 months down to 3 months and improve the ROI for the Project. The 3 steps involved in the technology adoption process are;
i. Market Research
ii. Evaluate
iii. PoC / Test
i found one start up who does this and extremely helpful for all all three above. vBridge Hub