On the back end, software programming tools and Internet-based services make it easy to launch new global software-powered start-ups in many industries - without the need to invest in new infrastructure and train new employees.
Sentiment: POSITIVE
On the tech side, little start-ups can do something magnificent. They don't need too much in terms of plants and infrastructure.
More and more major businesses and industries are being run on software and delivered as online services - from movies to agriculture to national defense.
Every startup should address a real and demonstrated need in the world - if you build a solution to a problem lots of people have, it's so easy to sell your product to the world.
We have most of the software industry running Autonomy.
With lower start-up costs and a vastly expanded market for online services, the result is a global economy that for the first time will be fully digitally wired-the dream of every cyber-visionary of the early 1990s, finally delivered, a full generation later.
The thing about startups is you can make it, and if it's wrong you can remake it, and you can build a team that you want to have, a product that you want to have. You're utterly focused on your users or your customers and their needs, and trying to figure out how to meet those needs.
No one should expect building a new high-growth, software-powered company in an established industry to be easy. It's brutally difficult.
The start-ups that do well are the ones that are working all the time.
From day one our next generation system will run all our exsisting software - so that gives us a head start.
Start-ups should be hunch-driven early on and data-driven as they scale.