Growth is unidimensional, scale is multidimensional. This is something that is vital for entrepreneurs to understand, according to Subroto Bagchi, entrepreneur extraordinaire, best known for co-founding MindTree and writing illuminating books on various aspects of business.
In the beginning, it was technology that was important. Then it was the platform. And now, it is all about applications. The big one is in the application space. Gun for niche, super-specialised applications — that is his word of advice to startups aiming to make it big in the cloud, mobility, big data and social networking spaces.”Unknown customer, unstated need — that is bleeding edge of innovation,” he says.
Watch the video, as he explains the six ways of scaling at MobileSparks.