Banking, retail, and healthcare are
the top adopters of start-up technologies based on their growth potential,
willingness to adopt start-up solutions, and availability of such complex
solutions locally, a recent report has said.
the top adopters of start-up technologies based on their growth potential,
willingness to adopt start-up solutions, and availability of such complex
solutions locally, a recent report has said.
“Driven by optimisation, banking,
retail and healthcare are three sectors which have emerged as the biggest
adopters of the enterprise technology solutions,” the Ecosystem Report on
Enterprise Ready Start-ups 2016 released by Microsoft Accelerator said.
retail and healthcare are three sectors which have emerged as the biggest
adopters of the enterprise technology solutions,” the Ecosystem Report on
Enterprise Ready Start-ups 2016 released by Microsoft Accelerator said.
A big push towards digital
transformation amongst enterprises is leading to increasing adoption of
start-up technologies, it explained.
transformation amongst enterprises is leading to increasing adoption of
start-up technologies, it explained.
The Ecosystem report provides insights
into how this enterprise-startup partnership has evolved in last few years,
underlining the value of collaboration and building the start-up ecosystem.
into how this enterprise-startup partnership has evolved in last few years,
underlining the value of collaboration and building the start-up ecosystem.
It showcases the top 151 enterprise
ready start-ups in India and the 10 sectors that have demonstrated momentous
growth.
ready start-ups in India and the 10 sectors that have demonstrated momentous
growth.
“We are happy to note that Indian
enterprises are looking at start-ups for innovative solutions and expertise for
their Digital Transformation in India,” said Ravi Narayan, Global
Director, Microsoft Accelerator.
enterprises are looking at start-ups for innovative solutions and expertise for
their Digital Transformation in India,” said Ravi Narayan, Global
Director, Microsoft Accelerator.
Data Sciences and Security start-ups
find it easiest to find customers driven by the broad base of customers and
sectors that these start-ups can address natively, it added.
find it easiest to find customers driven by the broad base of customers and
sectors that these start-ups can address natively, it added.
It also said start-ups catering to
banking sector find it easiest to raise funds.
banking sector find it easiest to raise funds.
“India already has a billion
mobile phone users, as well as a billion citizens with active bank accounts
that are linked to their digital identities by way of Aadhaar. The tremendous
scope of opportunity these start-ups can leverage is one of the key reasons
these start-ups are successful in attracting funding,” said the report.
mobile phone users, as well as a billion citizens with active bank accounts
that are linked to their digital identities by way of Aadhaar. The tremendous
scope of opportunity these start-ups can leverage is one of the key reasons
these start-ups are successful in attracting funding,” said the report.
The exercise was restricted to a pool
of over 500 enterprise focused start-ups that were founded post 2000 and are
headquartered in India.
of over 500 enterprise focused start-ups that were founded post 2000 and are
headquartered in India.
