article thumbnail

8 Ways The Maker Movement Turns Ideas Into Businesses

Startup Professionals Musings

This new culture builds on hobbyist technologies, extends the open-source inventory of hardware and software, and bridges the gap into real business solutions with other advantages, as follows: Shortens the time and cost from idea to prototype. Mind-expanding for new entrepreneurial opportunities.

article thumbnail

Reduce need for 3rd party apps with open source solution

The Startup Magazine

billion dollar market of business communication software. Its secret is a business model that focuses on providing a premium service using open source solutions, 90% cheaper than its competition, according to Eleconomista. Spanish startup Noysi has managed to penetrate the crowded and growing $67.4

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ESADE Business School Commencement Speech

Steve Blank

Think about this; 7 years ago Nokia owned 50% of the handset market. Fast-forward to today—Apple is the most profitable Smartphone company in the world and in Spain Android commands a market share of more than 90%. Its worldwide market share of Smartphones has dwindled to 5%. Apple owned 0%.

article thumbnail

The Evolution of Tech Wars: Past, Present, and Future

VC Cafe

Past Tech Wars Smartphone Wars: Apple took the lead in the smartphone wars, capturing a significant share of the market with the iPhone. Android may have a larger global market share, but Apple’s loyal customer base, strong brand, and profitable ecosystem made it the clear winner. Space Race 2.0: Where does this leave us?

article thumbnail

Zhongguancun in Beijing – China’s Silicon Valley (Part 4 of 5)

Steve Blank

I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In these series of 5 posts, I thought I’d share what I learned in China. I was only in China for a week so this a cursory view. China Venture Capital. China now has plenty of both.

article thumbnail

Eastern European Champions & the 4 V’s of Big Data

Cracking the Code

The first category includes companies that have a dominant position in their national market and are often internet or ecommerce companies. The second category is composed of companies that have developed a unique IP locally and marketed it worldwide - typically in the gaming, software, security or mobile sectors. in GE, 1.3

article thumbnail

Out of the Crisis #13: Alpha Lee on remembering the 2003 SARS epidemic and his opensource COVID-19 Moonshot

Startup Lessons Learned

They took an open source approach, inviting thousands of collaborators from around the world to contribute potential solutions. None of this would have been possible without the open source contributions of thousands of scientists around the world. We are working on a open-source drug discovery project against COVID-19.