In my last post, I added more future scenarios to this visual describing the complexity and impact of our emerging future. The one piece left unfinished was the expansion of innovation accelerators to include emerging and future accelerators. With input from TCS CTO Ananth Krishnan, I have added a number of accelerators to the visual. For those new to the visual, it attempts to identify several factors that converge to create or shape our future. This emerging future cannot be predicted, but can be rehearsed at some level if we can envision convergence, implications, accelerants, and obstacles.
Throughout my career I've had the fortune to learn a lot about startup accelerators. I personally participated in three accelerator programs, each in three different countries. Last year when my company, Fundacity, was acquired by Gust we built a whole new selection dashboard for accelerators to help them pick the right candidates for their programs. It was during this process, and from my previous experience, that I gained a lot of fresh, insider knowledge about what it is that accelerators are looking for in startups and what distinguishes the types of programs they offer to applicants. First, accelerators are designed for the types of startups that want to grow through a process of collaboration and by learning and sharing experiences with other startups, often, under one roof.
But then so does extra processing power, additional server space, GPU-charged super boosting and drinking too much coffee. Simply pumping more juice into an enterprise IT system is not regarded to be an accelerator per se. We are talking about the more considered use of IT accelerators in the new and far more algorithmically advanced world of Artificial Intelligence (AI) and Machine Learning (ML). Industry accelerators have actually been around for most of our post-millennial existence. SAP has championed their use in its various platform guises as a means of getting customers running with live production systems faster.
Apple is taking further steps to foster the developer ecosystem in the world's fastest growing smartphone market. The Cupertino-based company said it will open a new App Accelerator in Bangalore, India. The announcement comes less than a year after the company said it would open an iOS App Design and Development Accelerator in India's Silicon Valley. SEE ALSO: Apple's new'Apple Park' spaceship campus will open in April Through the new App Accelerator, the company hopes to offer specialised support to developers as well as tools to help them push the boundaries. At the centre, a group of experts will lead briefings and provide one-on-one app reviews for developers.