![]() It includes all members of a particular network together with managers and operators. In the coworking and flexible workspace industry, the community is one of the key values. ![]() Community members have a feeling of fellowship with one another, which is a result of sharing common attitudes, interests, and goals. The term cloud is used as a metaphor for the Internet, based on how the Internet is depicted in computer network diagrams and is an abstraction for the complex infrastructure it conceals.Ī community is a group of people with diverse characteristics who are linked by social ties, share common perspectives, and engage in joint action in geographical locations or settings. The concept incorporates infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS) as well as Web 2.0 and other recent technology trends that have the common theme of reliance on the Internet for satisfying the computing needs of the users. Besides, cloud computing allows enterprises to get their applications up and running faster, with improved manageability and less maintenance, which enables IT teams to more rapidly adjust resources to meet fluctuating and unpredictable demand, providing the burst computing capability: high computing power at certain periods of peak demand. Cloud computing allows companies to avoid or minimize up-front IT infrastructure costs. Clouds may be limited to a single organization (enterprise cloud) or be available to multiple organizations (public cloud).Ĭloud computing relies on sharing of resources to achieve coherence and economies of scale. Large clouds often have functions distributed over multiple locations from central servers. The term is generally used to describe data centers available to many users over the Internet. Vocabulary startup guideĬloud computing is the on-demand availability of computer system resources, such as data storage (cloud storage) and computing power, without direct active management by the user. Their objective is to reach the exit-stage of the firm in a period of 5 to 7 years to obtain the maximum profit as investors. They offer funding and a consulting team so help the founders address the business opportunity correctly. ![]() The main goal for the companies in the program is to get ready to run on their own, build strong positioning, and develop strategies to establish themselves in the target markets.Īccelerator: This type of companies are micro startup-ecosystems to help startups grow faster. The duration of an accelerator program is from two to six months. ![]() They require extensive care and support from a business incubator. The business accelerator program is intended for startups that have already moved through the earliest stages of getting established and entered the phase where they mostly need guidance and peer support to “grow muscles” and gain strength.Īccelerator doesn’t fit for less developed “newborn” companies. An accelerator connects companies to networks of peers so that they could learn from their experience. It gives them the required support such as access to mentorship and investors, logistical and technical resources, and shared office space which helps them become stable, self-sufficient businesses. Accelerator | Business Accelerator | Startup Accelerator | Seed AcceleratorĪn accelerator is a program for developing companies. ![]()
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