It’s understandable that so many places around the world want to re-create the economic engine of Silicon Valley, as MIT Technology Review wrote about in its recent business report (“The Next Silicon Valley”). But creating another Silicon Valley will be far harder than anyone imagines. That’s because the Silicon Valley ecosystem is now far more sophisticated than just startups.
For one thing, it has a critical mass of serial acquirers, starting with Oracle, Cisco, HP, Intel, and Symantec, and joined in the past decade by companies like Google, Salesforce.com, Facebook, and LinkedIn. There is a sizable cluster of Silicon Valley companies with the balance sheets and foresight to make very large acquisitions.
More information: Next Silicon Valley
Over the past three years, Silicon Valley has ranked as one of the strongest local economies in the U.S., driven in part by the firms on this year’s Fastest Growing Private Companies list. Even without counting the companies that have filed for IPOs, nearly a third of the list more than doubled their revenue over the past three years, and some companies did substantially better than that.
Sometimes it meant pushing forward with an idea even after hearing “no way” from 50 investors. Other times it meant pivoting one company after finding their customers were dissatisfied. Those were the strategies of the top two fastest-growing companies on this year’s list.
The payoffs for them were huge. Axcient, the No. 1 company, grew revenue 641 percent over the past three years, while Mixbook grew 550 percent. Another 10 companies on the list at least tripled their revenue.
Collectively, the 52 companies on the list brought in about $1.4 billion in revenue in 2012. That’s up 65 percent over the past three years.
More information: Silicon Valley
RapidValue selects SFE to develop its mobile apps sales. RapidValue is a business and technology solutions firm, focusing on generating accelerated business value enabled by disruptive technologies like the touch-screen mobile technologies and cloud computing. Our expertise spans the areas of product development, business consulting, project and program management, implementation and support services in cutting edge mobile and cloud computing technologies.
RapidValue believe in delivering business value in rapid spurts and not the traditional way of long wait for ROI. The company thrives on rapid and pragmatic approach for product creation and project execution, ensuring business benefits that are evident from the get-go.
Hibox Systems Ltd is a Finnish company, which offers advanced interactive information and entertainment solutions for the hospitality industry as well as IPTV solutions for broadband providers. The company’s middleware platform has been successfully deployed for IPTV and OTT use by hotels, ISP’s and broadband providers, along with healthcare facilities.
Hibox Systems is a global provider of advanced interactive information and entertainment solutions for consumers and commercial applications. The Hibox middleware platform has been successfully deployed for IPTV and OTT use by hotels, ISP’s and broadband providers, along with healthcare facilities, ships and offshore oil platforms.
Hibox is headquartered in Finland with a sales office in Vienna, Austria. Since December 2007, the company has been part of Anvia Group, a growing ICT-group with 720 employees and a turnover of 106 MM € in 2014.
SFE selected by eLearnSecurity to develop sales. eLearnSecurity’s mission is to advance the career of IT security professionals by providing affordable and comprehensive education. All eLearnSecurity courses utilize engaging eLearning and the most effective mix of theory, practice and methodology in IT security – all with real-world lessons that students can immediately apply to build relevant skills and keep their organization’s data and systems safe.
eLearnSecurity has proven to be a leading innovator in the field of practical security training. Best of breed virtualization technology, in-house projects such as Coliseum Web Application Security Framework and Hera Network Security Lab, has changed the way students learn and practice new skills. eLearnSecurity provides the ECPPT (eLearnSecurity Certified Professional Penetration Tester) a certification that is trusted by companies worldwide. eLearnSecurity’s practical approach promotes certifications that prove a students’ ability at performing real world tasks.