Feeds

IBM gets start-ups hooked early

To those that have, have some more

Intelligent flash storage arrays

IBM is reaching out to venture capitalists by offering technology and go-to-market help for software start-ups they back.

According to IBM, use of its software, servers and consulting from staff in 30 Innovation Centers worldwide will help young companies get to market quickly and reduce development costs of advanced and emerging technologies in Web 2.0, software as a service (SaaS), security, virtualization and wireless. All services will be provided free of charge.

It's important for platform providers to get in early with start-ups, as limited R&D budgets mean their products will generally use just one vendor's database or middleware stack. Only as their business increases can companies port to others platforms.

The software field represents rich pickings for tech companies eager to establish life-long relationships with new users and partners. According to latest figures, VCs invested $1.26bn in 231 deals in the second quarter of 2006, compared to $1.31bn and 215 deals in the first quarter, beating all other sectors, including biotech - often touted as the "one to watch." That's not bad going, considering just 12 per cent of US and international VC and private equity funds actually target software and software services.

Furthermore, cash has funded companies' expansion and later-stage development ($579m and $511m respectively), rather than seed capital or first round funding. That means start-ups have budget for infrastructure software.

IBM is already claiming success from earlier efforts, with some 9,500 developers so-far this year trained on IBM technologies the company said.®

Internet Security Threat Report 2014

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Lawyers mobilise angry mob against Apple over alleged 2011 Macbook Pro crapness
We suffered 'random bouts of graphical distortion' - fanbois
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
How to simplify SSL certificate management
Simple steps to take control of SSL certificates across the enterprise, and recommendations centralizing certificate management throughout their lifecycle.