The 3 Biggest Hurdles Facing Tech Pioneers

With startups popping up every day, there have been so many advancements within technology in a variety of industries. Despite the creativity and innovation, there are always setbacks and improvements to be made. Even those leading the way face these challenges. The three biggest hurdles facing these pioneers are explained here.

Measuring:

Data and analytics are all that matters when it comes to determining the success, viability and progress of a startup. In recent years, the amount of data that we have access to is overwhelming. With too much data, it’s often difficult to find direction and guidance. Finding real and relevant statistics, and having the ability to use them correctly, is one of the biggest hurdles in the industry today.

Scaling:

At the end of the day, you could have the best product in town, but if you do not have the capacity, manpower and technology to scale it, there is little that will come out of it. Scaling any product is difficult, and this is especially true for those who need to leverage their products early on. Beta versions can only appeal for so long and funding is only available until the next comparable, hot product is up and running. The pressure is on!

Competing:

With more than enough venture capital to go around, the competition is fierce. The goal of any startup is to find a niche market and differentiate themselves. However, timeliness is key to staying competitive. Often times, it’s much easier for competing startups to enhance and complement the products or services of other companies rather than try to do what they do better. In other cases though, it’s important to stay innovative, timely and persistent.

By: ParadigmNext https://paradigmnext.com.com

Google+: https://plus.google.com/+ParadigmNextChicago

ParadigmNEXT, Inc. is a new kind of marketing agency that integrates the two sides of the brain: strategic communications and business know-how. Connecting creativity with expertise in multiple industries, we are able to deliver measurable improvements and maximum impact.