360° Coverage : South Florida Tech Companies Need a Healthy Ecosystem to Support...

1 Updates

South Florida Tech Companies Need a Healthy Ecosystem to Support Future Growth

Nov 4 2013, 8:34am CST | by PR.com

One of the keys to overcoming start-up growing pains is to create clear processes and procedures that will alleviate the strain on existing resources as the companies grow. Advaion’s managing director, Pavan Satyaketu mentions, “As these companies experience double and triple digit growth, they face enormous operational challenges that require changes in their technology infrastructure, business operations and accounting policies that better reflect their growing business and financial needs."

Miami, FL, November 04, 2013 --(PR.com)-- The Buzz. From University of Miami’s Launch Pad entrepreneurship center to eMerge Americas conference slated for early May 2014 in swanky South Beach, it...

Filed under: news

YouTube Videos

 
 
 

47 weeks ago

South Florida Tech Companies Need a Healthy Ecosystem to Support Future Growth

Nov 4 2013, 8:34am CST | by PR.com

One of the keys to overcoming start-up growing pains is to create clear processes and procedures that will alleviate the strain on existing resources as the companies grow. Advaion’s managing director, Pavan Satyaketu mentions, “As these companies experience double and triple digit growth, they face enormous operational challenges that require changes in their technology infrastructure, business operations and accounting policies that better reflect their growing business and financial needs."

Miami, FL, November 04, 2013 --(PR.com)-- The Buzz.
From University of Miami’s Launch Pad entrepreneurship center to eMerge Americas conference slated for early May 2014 in swanky South Beach, it’s no surprise that South Florida is cultivating the next ‘tech hub’ thanks to visionaries like Manny Medina and Daniel Cane. Some experts are saying that the seeds that are currently being planted will take 5 to 10 years to grow into a full-fledged ‘tech hub’-- which translates into billions of dollars being invested, and thousands of jobs created on South Florida’s sandy shores. This type of expansion requires a resource mix of accelerators, serial entrepreneurs, healthy angel networks, talented technologists and knowledgeable professional advisors. One such advisor, David LeVine, hopes to transform South Florida in half that time.

Building a Healthy Ecosystem in the Dark.
The largest component to building a healthy ecosystem is visibility, according to David LeVine, a Silicon Valley investor and mentor who is helping create a Miami tech hub. LeVine says “We need a few rockstar startups that will make South Florida highly visible to both the investor community, and to the talented coders who are leaving South Florida after graduation, because they are getting recruited elsewhere.” Therefore, events like the upcoming eMerge Americas conference are key to highlighting what South Florida has to offer, because without the visibility there is no support and no money. When asked about his decision to relocate to Miami, the successful Silicon Valley veteran who was named a Top 100 Technology Visionary in 2002, simply states “Here’s where opportunity is.”

Growing Pains.
With the buzz building, and collaboration efforts beginning to transform innovative ideas into marketable South Florida tech businesses, another recurring theme is the need for improved community infrastructure to help tech companies through the inevitable growing pains. Reuters noted that, “Startups often thrive on a lack of rules and boundaries. But experts say that as they make the transition from a handful of people in a room to sizeable businesses, the hazards of operating without manual - grow exponentially.”

One of the keys to overcoming these growing pains is to create clear processes and procedures that will alleviate the strain on existing resources as these companies grow. Advaion’s managing director, Pavan Satyaketu mentions, “As these companies experience double and triple digit growth, they face enormous operational challenges that require changes in their technology infrastructure, business operations and accounting policies that better reflect their growing business and financial needs. We work with fast-growing technology companies to identify areas where they can feel an immediate impact on their bottom line.”

Advaion is available to assist management in navigating through the business challenges that may arise with a start-up company you are involved with. For a consultation on how Advaion can help, please email us directly at jfarzad@advaion.com

What’s Next?
If you are interested in learning more about the South Florida tech community, please visit these sites for additional resources:

eMerge Americas conference
http://emergeamericas.org/

Univesity of Miami’s Launch Pad
http://thelaunchpad.org/

South Florida Technology Alliance
http://www.southfloridatech.org/

Map Your Startup
http://mapyourstartup.co/

The LAB Miami
http://thelabmiami.com/

www.advaion.com/uploads/PDF/South%20Florida%20Tech%20Companies%202013.pdf

Contact Information:
Advaion
Jackie Farzad
(954) 889-3407
Contact via Email
www.advaion.com

Read the full story here: http://www.pr.com/press-release/525058

Press Release Distributed by PR.com

Source: PR.com

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Over 2,000 Germans volunteer to help battle Ebola
Addia Ababa, Sep 29 (IANS) Over 2,000 Germans have heeded the government's call to register as volunteers for deployment to fight the Ebola virus disease outbreak in Guinea, Liberia and Sierra Leone, the African Union (AU) said in a statement Monday.
 
 
India open minded, wants change, Modi tells top US executives
New York, Sep 29 (IANS) India is open-minded and wants change, Prime Minister Narendra Modi told top executives of American companies, including Google and Citigroup, during a high-powered breakfast meeting here Monday.
 
 
World hunger falls but 805 mn still chronically under-nourished: FAO
Abu Dhabi, Sep 29 (IANS/WAM) Despite the overall progress made in global hunger reduction, 805 million people are estimated to be chronically undernourished in 2012-14, down more than 100 million over the last decade, and 209 million lower than in 1990-92, the UN's Food and Agriculture Organisation (FAO) said Monday.
 
 
Reliance Capital to launch more India funds abroad
New York, Sep 29 (IANS) Anil Ambani-led Reliance Group's financial services arm Reliance Capital Asset Management Company (RCAM) Monday said it will consider launching more India-focused funds in foreign markets.
 
 
 

Latest from the Network

Argentina mulls decriminalising drug use
Buenos Aires, Sep 29 (IANS/EFE) The Argentine government said Monday that it is considering two proposals to modify the law to decriminalise the use of illegal drugs along lines suggested by the head of the country's...
Read more on Politics Balla
 
Clintons meet Modi, praise clean Ganga effort
New York, Sep 29 (IANS) Prime Minister Narendra Modi met former US president Bill Clinton and his wife and former US secretary of state Hillary Clinton who were full of praise for his efforts at cleaning the Ganga...
Read more on Politics Balla
 
Fighting terrorism: Syria accuses US of double standards
United Nations, Sep 29 (IANS) Syria's Deputy Prime Minister Walid Al-Moualem Monday accused the US of using a policy of double standards in fighting terrorism at a high-level debate at the UN. Al-Moualem said that...
Read more on Politics Balla
 
Portugal to take part in global coalition against IS
Lisbon, Sep 29 (IANS) Portugal will be part of the international coalition combating the Islamic State (IS) terrorist organisation, said the country's Defence Minister Jose Pedro Aguiar Branco. "Combatting Islamic '...
Read more on Politics Balla
 
Belgium's biggest terror trial begins
Brussels, Sep 29 (IANS) Belgium's biggest ever trial for alleged terrorism offences began Monday in the northern city of Antwerp. The trial involves 46 defendants accused of conspiring to overthrow Western democracies...
Read more on Politics Balla
 
Italy on terror alert
Brussels, Sep 29 (IANS) Italy was put on a high level of alert for possible terrorist attacks even though no specific threats have been made, Interior Minister Angelino Alfano said Monday. "The alert for Italy is high...
Read more on Politics Balla
 
Spain appeals against Catalonia referendum in Constitutional Court
Madrid, Sep 29 (IANS/EFE) The Spanish government filed an appeal before the country's Constitutional Court Monday after Catalonia's regional president decreed that a referendum be held Nov 9 to decide if the wealthy...
Read more on Politics Balla
 
France, Germany to offer drones to monitor Ukraine truce
Paris, Sep 29 (IANS) France and Germany have offered to deploy drones as part of the Organisation for Security and Cooperation in Europe's (OSCE) efforts to monitor the ceasefire in Ukraine, a government official said...
Read more on Politics Balla
 
Over 2,000 Germans volunteer to help battle Ebola
Addia Ababa, Sep 29 (IANS) Over 2,000 Germans have heeded the government's call to register as volunteers for deployment to fight the Ebola virus disease outbreak in Guinea, Liberia and Sierra Leone, the African Union...
Read more on Business Balla
 
UN chief discusses Syria, Iraq with Turkish foreign minister
United Nations, Sep 29 (IANS) UN Secretary General Ban Ki-moon Monday met Turkish Foreign Minister Mevlut Cavusoglu, and discussed the situation in Iraq and Syria, including international efforts to combat the threat...
Read more on Politics Balla