10 questions to ask before using a startup
- 15 September, 2012 21:12
Using a little-known tech supplier can produce big benefits, but it requires doing your homework
1. What is your source of operating capital, and how long can you operate at current revenue levels?
2. Who are your advisers?
3. Do you have a product in production?
4. Who are your key employees, and how will you retain them?
5. What aspect of your product cannot easily be reproduced by competitors?
6. What percentage of your users are paying customers?
7. What is your product road map, and how often has it changed?
8. How much are you spending on security and compliance?
9. How many recurring contracts do you have (versus month-to-month subscriptions)?
10. What is your exit strategy?
For much more on this topic, see " The Risks and Rewards of Using Startups."
Read more about innovation in CIO's Innovation Drilldown.
Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.
Five trends affecting legal CIOs
CIO Roundtable: The changing face of security
Bitcoin malware count soars as cryptocurrency value climbs
Bouncing Back From CIO Unemployment
Union slams latest fibre-to-premise trial in Tasmania
Evolving Threats Demand New Approaches to Security
As the world becomes increasingly hyperconnected, the opportunities for innovation are virtually limitless. At the same time, the complexity and risk associated with those opportunities is great. Security threats have the potential for enormous ramifications, but so does deploying a security strategy that compromises the user experience, performance, and the ability to innovate online. This paper will profile the emerging disruptive players, and identifies the essential steps to establishing a secure environment without compromising performance or experience.
How to Successfully Select an ERP System
An Enterprise Resource Planning (ERP) system is a series of software applications that collect and compiles data from different departments to enhance collaboration and co-ordination within the business. If you’re looking to implement your first ERP system, or to upgrade from an existing system, this whitepaper offers eight simple steps for selection that will lead to long-term strategic success.
Whitepaper: Preventing Data Loss Takes More Than MDM
You need to secure your BYOD devices—but MDM alone isn't enough to prevent data loss. Read this whitepaper—Data Loss Prevention: When MDM Is Not Enough—to learn how to combat MDM shortcomings. See how to add cross-platform security, implement protection policies, and address risks in consumer apps.