Startups are bold entrepreneurial ventures by forward-thinkers who plan to implement and cultivate their innovative business models in an open yet harsh market space. A critical challenge in building a company is the uncertainty under which decisions are made. The only solution for this is to have the founders of these companies be agile and flexible in identifying the right opportunities to seize and in avoiding unrewarding risks. In a digital era where market trends are constantly shifting, startup founders in every industry have to rapidly overcome their daily struggles and meet the requisites of a well-oiled organisation.
The present-day startup scene has changed significantly in the last decade. As each quarter passes by, investors in Asia and Australia become keener on investing in budding companies that are built on promising technological ideas. Startup companies in the Fintech, medical technologies, retail, and beverage markets have all increasingly adopted Machine Learning, Deep Learning, and blockchain technologies over the last couple of years to provide out-of-the-box solutions to their clients. With the current market scenario offering entrepreneurs a multitude of funding options and investment opportunities to capitalise on, the competition is fierce—with only the most steadfast companies emerging successful.
Although the market offers a conducive environment for the growth of several fresh startup companies, C-suite executives still find it challenging to find the right technology solution provider to suit their needs. The companies mentioned in this list are distinguished by their robust founding team, well-balanced risk-reward profiles, and scalable business models. This edition of APAC CIO Outlook lays out a list of enterprise startups that offer tailor-made tech solutions that fulfil the specific business requirements of an organization while also harmonizing with the other departments within it. The companies featured here offer powerful solutions that work alongside innovative digital strategies to bolster operational efficiency and cut down on overhead expenditure. Aspiring to assist and advise corporations in finding their right technology partner, we present to you “Top 10 Enterprise Startups - 2019”.
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