Although it is hard to be aware of it in the eye of the storm, we are currently undergoing a fourth industrial revolution, centred around data. The last industrial revolution from the 1970’s brought us many of the things that we are familiar with today. Efficiency improvements in the storage, access and analysis of data is what is fuelling the fourth industrial revolution and includes industry changing technology such as Artificial Intelligence (AI) and the Internet of Things (IOT).
The great thing about API’s is that developers can create brand new apps that tap into an ecosystem of web services. This is especially true of data based services (after all if data is the new oil etc etc !). Why store your own proprietary App data when there are so many great data stores out there ? In fact why not make data key to your app proposition ?
Data, data everywhere….and then……what ?
That is the issue with digital data. As digital data doubles very year it leads to vast quantities of unstructured data as employees create office documents, PDF’s, videos etc. Searching and classifying this data however presents a challenge particularly as the data within companies is spread across a multitude of on-cloud and on-premises systems and is simply not joined up.
Over the years I have interacted with a variety of analysts at various technology companies that I have worked with and worked for. Invariably each technology company is jockeying to get an engagement with an analyst to appear ‘well placed’ in some ‘quadrant’ or ‘wave’.
I’ve been working in small and large software startups for the last 20 years and currently have the privilege of being the CEO of a startup, Storage Made Easy, for the last 3 years. With the advent of 2015 I have not doubt that there will be many people considering whether to take the plunge and commit to founding a startup. There are a diverse number of resources on the web all offering advice and to that mix I add 10 tips of my own. I’ve tried to keep them to things I wish I had known before commencing my own journey.