Reimagining Startup and Enterprise Innovation
-
Best Practices
January 5, 2021
5 ways to scale your startup in 2021
A successful startup needs more than a great idea to scale. As your company grows, you need to make a series of crucial decisions on cloud technology, target customers, building a team, and tapping beneficial partnerships.
It's a lot. That’s why we’ve prepared this guide:
Five Traits of Successfully Scaling Startups
The PDF features expertise from startup founders, industry experts from Oracle's startup program and analyst Doug Henschen of Constellation Research.
The takeaways
- Let capital work for you by looking for a "no-surprises" cloud pricing plan.
- If your solution touches on artificial intelligence, machine learning, video streaming, or real-time analytics, don’t cut corners on high-performance computing.
- When it comes to customers, keep your startup's future in mind. Bigger, more established customers expect solutions to be built on a stable platform and feature strong security.
- Vendor lock-in is out. Clouds with open source options are in - and a better bet as you scale.
- The right partners make a difference. Take advantage of discounts, expertise, mentorship. Experiment and explore until you feel comfortable that you've found a partner that can bring you what you need, like a network of enterprise-ready customers looking for solutions like yours.
What the experts are saying
“Startups must invest wisely, take advantage of cloud’s scale and performance, embrace open communities, deeply understand their target markets, and embrace partnerships that can accelerate growth,’’ explains Henschen.
“Every cloud leverages open technologies such as Linux and Kubernetes, but not every cloud provider acknowledges and supports the reality that it’s a multi-cloud world,’’ he adds.
Download the guide and hear from global founders on what they are doing to scale successfully. People like Asser Smidt of BotSupply, who describes how research led him to save 40% on cloud costs, Amro Shihadah of IDenTV, who talks about the importance of avoiding costs when moving data, and Yue Jin Tay of Circulor on why scalability and credibility are so important as you seek enterprise customers.
Read the guide and decide if Oracle's startup program is the right fit for your successfully scaling startup.