Startups in NetApp Excellerator’s 3rd cohort have innovative solutions to improve healthcare outcomes, prevent losses due to bad data, and deliver robust data security
11/16/2018

Startups in NetApp Excellerator’s 3rd cohort have innovative solutions to improve healthcare outcomes, prevent losses due to bad data, and deliver robust data security

After two successful cohorts of its accelerator programme for B2B startups, global data management giant NetApp launched the third batch of the NetApp Excellerator in September this year.

From over 300+ applications received from startups working across diverse areas such as Cloud, IoT, Big Data and Analytics, Machine Learning, virtualisation, data security, data management, storage, and other related subjects, six startups were chosen to be a part of the third cohort. During the four-month programme, these six will receive technical and business mentorship and support to develop market-ready products and solutions, an equity-free grant of $15,000, access to NetApp’s technologies, access to a co-working space, assistance in HR, and legal and tech support.

“We see tremendous opportunity for the startups as the tech space evolves rapidly and businesses today have an unprecedented opportunity to take advantage of these innovations. Bringing in a business context to technology and helping with go to market forays is a top value add we have tried to deliver though this programme,” says Ajeya Motaganahalli, Senior Director and leader for NetApp Startup Accelerator.

Here are the six startups that make up the third cohort of the NetApp Excellerator programme:

1) CloudOptimo

Pune-based CloudOptimo started in April 2016 as a consulting company that helps Deep Tech companies reduce their infrastructure cost by helping them focus their energies on their core problems rather than cost optimisation.

What they do – Running out of money is one of the major reasons startups fail. “We started CloudOptimo because we have seen many companies spending lots of money on infrastructure – sometimes 10 to 15 percent of their revenue. CloudOptimo is an Intelligent Cloud Costs Optimization Platform, which reduces costs upto 80 percent while ensuring high availability and consistent performance. Our solution also helps many companies improve their architecture and adopt industry standard code deployment methodologies,” says Vaibhav Kamble, Founder and CEO.

The team – Co-founders Vaibhav and Tushar Chakote had been working together for six years before starting up CloudOptimo. Both have extensive experience in the AdTech and Payments domains.

The NetApp Excellerator experience – According to Vaibhav and Tushar, their participation in the programme will help them grow stronger and improve. “As a startup, we made many mistakes. NetApp brought in mentors and industry experts who helped us improve our perspective and way of doing things. They also helped a lot in terms of connecting us with the ecosystem. We are sure that NetApp Excellerator will help us meet our business and technology goals faster than we had envisioned.”

2) InstaSafe

With experts predicting that there will be 200 billion connected things by 2020, the need for efficient cyber security solutions is becoming paramount. InstaSafe, a software-defined perimeter-based cybersecurity provider, helps secure organisations, users and applications through an innovative Zero Trust Model. The startup is headquartered at Bengaluru and has offices in the US, Mumbai, and Delhi.

What they do – In an era where the world is moving from traditional on-premise data centers to cloud data centers, hardware-based legacy security solutions are limiting in terms of scalability and failover. Instasafe’s robust and secure cloud-based solutions don’t require any hardware infrastructure, are easy to use and don’t require too much technical/networking know-how to be managed. They work on the principles of Software Defined Perimeter wherein they extend an organization’s perimeter, ensuring tightened security to remote users as well. They work across sectors from retail, manufacturing to power, logistics, education, BFSI etc.

“Our clients use InstaSafe Solutions to connect multiple data centers and endpoint devices securely over a network ensuring complete infrastructure security. Our product acts as an alternative to many cost intensive legacy security solutions that are hardware based and difficult to manage,” says InstaSafe Co-founder and CEO, Sandip Kumar Panda.

The team – Instasafe was founded in December 2012 by Sandip, Biju George, Prashanth Guruswamy, Ravikumar Govindrao, and Deepak Panigrahi. Ravikumar and Deepak later moved out. All the founders have experience of over a decade across various levels and roles at organisations like Blue Coat, Sify, Wipro, Symantec, Quantum, Tasman Networks, Nortel, Radware, Pravegha and GapBridge.

The NetApp Excellerator experience – “The experience has been great so far. Various sessions on technical and business aspects were of great help as they bring the best instructors from Silicon Valley and other leading organisations. We are trying to leverage NetApp’s connections for various go-to-market strategies for domestic and global markets. We are also working closely with NetApp to create a world-class product demo for our existing and prospective customers to explain our product in a simplified manner, as the cybersecurity domain is difficult to apprehend,” says Sandip.

3) FirstHive

Bengaluru-based FirstHive acts as a marketing efficiency engine for consumer enterprises. It went live with its alpha launch in January 2016, with a subsequent global Beta release by August- September 2016.

What they do – FirstHive was born as a central marketing brain that connected all marketing interaction channels (online and offline) of an organisation and all their tools – to deliver a single unified customer view with comprehensive interaction context. With this identity unlocked, the marketer can deliver consistent journeys focused on every unique consumer, across all channels from a single platform.

“FirstHive’s approach is unique and fundamental to the marketing challenge – we believe this puts us in the league of global innovative products in MarTech. We work with some of the largest consumer brands across India and SouthEast Asia today and are aggressively looking to expand. We have delivered incremental business of over $2 billion to our customers over the last 24 months,” says Aditya Bhamidipaty, Founder & CEO of FirstHive.

According to the founders, FirstHive is a horizontal product and can potentially enable marketing objectives for any large consumer enterprise or digital-only business.

The team – Aditya holds a PGBDM degree from IIM Ahmedabad and prior to starting up he was responsible for iGate’s sales in Europe. He has worked with P&G in India as well. Birendra Kumar Sahu is VP – Technology for the platform and brings over 18 years of combined experience across Big Data, ML & AI. He has over seven patents and 85 Invention Disclosure Reports to his credit. Vishal Sukheja leads the product management and marketing functions for FirstHive and brings over 12 years of cross-functional experience in the space.

The NetApp Excellerator experience – Aditya says, “For us, this opportunity came at the right time as we were embarking on a revamp of our technical architecture, and this enables us to validate our assumptions better. We have also had an opportunity to interact with experts which helped us simplify our business pitch, to make it more relatable. Our participation at YourStory’s TechSparks event, which NetApp enabled, was also appreciated as that enabled us to generate few leads and get recognition this year as a Tech30 company.”

He believes the NetApp Excellerator experience will add value in two key areas — technology mentorship and go-to-market based on mutual synergy.

4) Praktice.ai

Started in 2017, Praktice.ai is a Singapore-based company headquartered in Singapore with a team based in Bengaluru as well. Praktice.ai automates patient interactions at hospitals, saving operational costs and increasing revenue for hospitals.

What they do – Hospitals spend millions on frontline operations. Not only do they need to hire more staff to manage the increase in number of patients they treat, they also lose revenue due to missed leads as the staff are often busy with other patients.

Praktice.ai automates patient interactions through speech and chat mediums, enabling hospital staff to handle almost 10x the number of patients. It also enhances the patient experience while increasing hospitals’ topline by qualifying more leads

Explaining their solution, co-founders Srinath Akula and Akhila Srinath say, “On an average, a human interaction with say, a receptionist, would earlier take 12 minutes. With Praktice.ai’s solution, a complex statement like: ‘My dad underwent bypass surgery last year and needs angiography to see if it’s ok now’ can be understood easily by the AI engine, who then connects the caller to the cardiologist specialised in coronary angiography procedures. This takes just four minutes with almost zero wait times at hospitals, whereas earlier, the average waiting time over phone was six minutes.”

According to them, their AI system not only reduces the waiting times over phones and at the hospital but also improves productivity by enabling patients to get treated by the right doctor at the right time, thereby improving outcomes and experience. Also, automating the medical transactions lowers the burden for the operational staff and doctors saving millions in cost and time.

They see potential for implementation across other healthcare sectors like insurance or diagnostics or pharmacy.

The team – Srinath, CEO of Praktice.ai is a data scientist with an MBA from IIM Indore, while Akhila, the COO, is a medical professional.

The NetApp Excellerator experience – “NetApp Excellerator provides advanced mentoring for growth phase startups in scaling up the sales and enterprise level solutions. We hope to get mentored on data security from NetApp on integrations as they have been handling the data systems and integrations with EMR systems for some of the biggest hospitals in the world. We also hope to get mentorship on the enterprise scale applications and system stability which are essential to reach to the next level,” say the duo.

5) CardioTrack

Cardiotrack was founded in 2014 by Ashim Roy and Avin Agarwal and is based in Bengaluru. The parent company of Cardiotrack, Uber Diagnostics is registered in Singapore.

Cardiotrack is working towards alleviating pain points in the Indian healthcare system through its AI-based healthcare platform.

What they do – The Cardiotrack platform is designed to fulfil all the basic requirements of a primary care clinic. Doctors can detect heart health problems accurately, consult specialists, refer and track patients, maintain medical history and start the intervention process. The platform includes multi-parameter, light weight healthcare IoT devices and mobile health software that helps to screen illnesses such as cardiovascular diseases and hypertension and helps doctors to perform diagnosis and then safely store the patient records.

The device is sturdy and can handle tough Indian climate conditions. Cardiotrack can also do up to 100 scans on one charge, a definite advantage in power starved areas.

The device also has AI capability which provides diagnosis at the primary care clinic level which can be verified by a cardiologist at a different location.

The founders share how their device helped save the life of a farmer in a remote village in Karnataka. “When he arrived at the clinic, he was sweating and complained of chest pain. The doctor immediately hooked him up to the Cardiotrack ECG monitor. The AI component in the device immediately and accurately diagnosed the problem as inferior wall myocardial infarction, and the patient was immediately taken to a speciality hospital in Hubli where he was treated successfully. There are several such stories that we have.”

The founders believe that only when preventive cardiac care becomes institutionalized in all district level primary care centres will India’s cardiac health epidemic be tackled.

“With this in mind, Cardiotrack wants to build an ecosystem via academia, cardiologists and public health officials to ensure that the matter of preventive cardiac care remains topmost on the agenda of all major decision makers,” says the duo.

The team – Ashim has about 35 years of work experience primarily in the telecom industry. He has worked in Australia, Canada, USA and now in India and holds several patents. He has a BE (Hons) from BITS Pilani, an M.Tech from IIT Delhi and he completed his PhD from University of Adelaide in Australia.

Avin Agarwal has a BE in medical electronics from VTU, Bangalore and has worked for several years at Oracle in the Netherlands. He has also received a grant from the Gates Foundation for diagnostic research and holds a patent.

The NetApp Excellerator experience – According to them, the NetApp Excellerator has improved their clarity in thinking and forecasting. It has helped the Cardiotrack senior management to sharpen its understanding of processes and most importantly, improve technology competencies.

6) ZScore

Started in 2016, ZScore is an AI analytics company based in Bengaluru with their own platform that could be deployed on top of existing business intelligence systems. ZScore’s mission is to ensure that organisations have trustworthy data that they can use to make decisions confidently.

What they do – While executing analytics projects in their previous roles, the founders realised that one area no one focused on was the quality and accuracy of data being fed into various analytics initiatives. Existing IT systems looked at data from a metadata perspective but no one was checking the business context of the data and if it was sufficient enough to drive processes or aid in decision-making.

Invariably, data of low accuracy (60-70%) was being fed to decisions-makers which greatly reduced their data-based decision-making abilities. Furthermore, various analytics initiatives were failing to realise ROI and adoption targets because the results they generated were always suspect from a business perspective.

According to the Zscore founders, after using their solution, clients have already seen a reduction in adverse financial impact due to bad data.

“We have identified around $1 – $16 million worth of bad data that could cause them losses. The clients are from the insurance domain so the possible issues we have identified are duplicate hospital names, wrong premium, coverage and claim amounts, wrong claims paid out and claims paid out multiple times to the same policy holder,”

The team – The founding members include Deleep Murali, Rohit Kalro and Ayush Banka. Deleep and Rohit met as students at the Katz School of Business, University of Pittsburgh. Deleep and Ayush also previously worked together in an analytics startup called DSquare.

The NetApp Excellerator experience – “We have great support from the team running the programme and from stakeholders in NetApp. In the short time we have been here the mentors and coaches brought in have helped change our perspective and helped us improve our execution. We hope that with NetApp’s background in the data and storage market and its being a global player will give us the exposure we need to help raise us to the next level,” say the founders.

Source: YourStory

Companies and startups can together build successful partnerships – here’s how
10/06/2018

Companies and startups can together build successful partnerships – here’s how

Corporates were once startups. In the technology ecosystem, both play a complementary role. In this scenario, how can startups ensure they get the best bargain while engaging with a corporate entity?

Sharing answers to this and similar other questions on the do’s and don’ts of engagement between corporates and startups was Ajeya Motaganahalli, Senior Director – Engineering Programs & Leader of NetApp Excellerator, at TechSparks 2018.

According to Ajeya, successful partnerships have three distinctive pillars – leadership, innovation and culture. When people come up with a startup idea, they usually think about the outcomes. A corporate firm wonders what it would get out of an engagement with a startup, and that’s something NetApp thought about too.

They realised the startup ecosystem was a vital one, with a number of great startups with wonderful ideas which needed mentoring and guidance to build a great product or solution. That’s what inspired them to nurture startups in the ecosystem, he said.

Startups need assurance from corporates

“The NetApp Excellerator was started with the objective of enabling startups in the ecosystem to help them climb to the next level. We thought of many reasons why we should do this, but always arrived at the same answer – we were doing it purely out of the joy that we got out of it. That’s why we started this programme,” said Ajeya.

Today, NetApp Excellerator helps startups create innovative, market-ready products and solutions in the areas of hybrid cloud, storage and data management. So far, 80 startups have been part of the programme and a number of them have gone on to become successful in the market.

He says they also wanted to do away with unnecessary minuscule goals that weighed startups down. These could be KRAs, KPIs or dashboards to analyse how much the programme is progressing, and so on. Pressurising startups in the cohort into doing something they didn’t need to was off the table.

Surprisingly, in the first cohort, we spent the maximum amount of time convincing startups that they will be taken care of,” said Ajeya, adding that corporates also need to be mindful of the fact that most startups are used to a protocol kind of environment, which is why they need assured security.

Encouraging startups to be focussed and relentless

When it comes to technology, startups usually spend a lot of time talking about the various tools they want to use, for example, AI, ML, AR/VR. Instead, what they should be concentrating on is what the customer is doing, and what should their focus area be, said Ajeya. He added that it was important for corporates to look at the focus areas of these startups and then decide whether to work with them.

According to Ajeya, their philosophy is to only work with startups that they are sure they can work with, whose needs they can fulfil.

If you have the right kind of companies in your cohort, the programme will be a huge success.

The NetApp Excellerator works with startups specialising in cloud, IoT, big data and analytics, machine learning, virtualisation, data security, data management, storage, and other related subjects. Applications for the next cohort will open in January 2019.

Blog Source: YourStory

Six New Startups For ‘NetApp Excellerator’ Programme : NetApp
09/18/2018

Six New Startups For ‘NetApp Excellerator’ Programme : NetApp

Print Coverage

Source: The Hindu(Metro Plus), The New Indian Express, The Hindu

NetApp launches cohort 3 of the NetApp Excellerator program, selects six startups
09/12/2018

NetApp launches cohort 3 of the NetApp Excellerator program, selects six startups

NetApp today announced the third batch of startups chosen for NetApp Excellerator. Six startups were selected from over 300 applicants from across the continent through a rigorous iterative selection process focused on product capability, depth in technology, performance in the boot camp and their alignment with the program’s objectives.

With 12 startups graduating from the last two cohorts of the program, the stage is set for another batch of startups to accelerate their journey. This cohort has seen an increased interest in technologies like artificial intelligence, machine learning and the cloud.

The startups selected for the third cohort are CloudOptimo, FirstHive, InstaSafe, Praktice.ai, Uber Diagnostics, and ZScore Technologies.

Each of these startups will now receive access to collaboration and productivity tools, co-working space out of the NetApp’s global center of excellence in Bangalore as well as networking opportunities with potential investors, partners, and customers. These companies will also have access to NetApp platforms and technologies, tools, HR, marketing, legal and tech support. NetApp will provide an equity free grant of USD 15,000 to these startups upon completion of the program. In the past, NetApp has forged ties with startups offering them a future relationship opportunity with the company. Past participants of the program include Scalend, BlobCity, SigTuple, and Nanobi, all of whom now are NetApp Strategic Alliance partners.

Ajeya Motaganahalli, Senior Director, Engineering Programs and Leader of the NetApp Excellerator program said, “We are seeing a steady rise in the quality and maturity of startups, making the selection process tougher. A great problem to have! I’m delighted to welcome the startups that are participating in the third cohort. We are applying our learning from the first two cohorts and the program is maturing as a result of the same. We find that there is a bigger need for startup mentoring, especially on the technical side, which NetApp is uniquely positioned to offer.”

Deepak Visweswaraiah, Senior Vice President and Managing Director, NetApp India said, “The NetApp Excellerator is focused on the development and growth of data-driven startups, thereby enabling an ecosystem that can help our customers realise the potential of their data. A strong focus on go-to-market efforts with our sales team makes the startups market-ready and helps improve their financial viability. The biggest boost in a competitive technology landscape that a startup can hope to receive is technical and business mentoring. We are putting our best foot forward on both fronts.”

NetApp Excellerator is NetApp’s flagship accelerator program dedicated to helping startups operating in the data space.

In Cohort 2, SigTuple, Nanobi, ArchSaber, Anlyz, Dataken and BlobCity were selected.

Let’s take a look at the startups which are selected for Cohort 3.

CloudOptimo is an intelligent cloud-cost-optimization platform that reduces the cost up to 80% while ensuring high availability and consistent performance.

FirstHive is a customer-data platform that builds unique customer identities by aggregating data from across all sources of customer interactions and customer transactions.

InstaSafe is a cloud-based Security-as-a-Service solution provider delivering comprehensive and uncompromising protection to mobile and remote workers enabling them to safely and securely access enterprise apps, email, and web from anywhere on any network.

Praktice.ai It provides a medical artificial intelligence engine for tertiary care hospitals to autonomously drive hospital operations.

Uber Diagnostics provides Cardiotrack, which is a complete IoT and AI solution for cardiac patients with patients, primary care and tertiary care on the same platform.

ZScore Technologies is a data quality and management company with its own proprietary platform and algorithms that help users of AI/ML in enterprises with the cleansing of data and usage of that for deriving analytics.

Source: Tech Story

Meet the six startups selected for NetApp’s third accelerator batch

Meet the six startups selected for NetApp’s third accelerator batch

US-based data storage and management company NetApp Inc. has selected six startups for the third batch of its accelerator programme ‘NetApp Excellerator,’ based out of Bengaluru, a company statement said.

The startups were selected from over 300 applicants based on their product capability, depth in technology, performance in the boot camp and alignment with the programme’s objectives, the statement added.

The selected startups will now receive access to collaboration and productivity tools, co-working space out of NetApp’s global centre of excellence in Bengaluru as well as networking opportunities with potential investors, partners and customers.

These companies can leverage NetApp’s platforms and technologies, tools, HR, marketing, legal and tech support. NetApp will provide an equity-free grant of $15,000 to these startups upon completion of the programme.

NetApp launched its first accelerator programme in June 2017 and in December 2017, six startups graduated from the first batch. The startups who underwent the programme then were Scalend Technologies, Adya, Enclouden, Lightmetrics, Vaultedge and Vitacloud.

In February this year, six startups ArchSaber, SigTuple, Nanobi, BlobCity, Anlyz, and DataKen had graduated from the second cohort.

“The NetApp Excellerator is focused on the development and growth of data-driven startups, thereby enabling an ecosystem that can help our customers realise the potential of their data. A strong focus on go-to-market efforts with our sales team makes the startups market-ready and helps improve their financial viability,” Deepak Visweswaraiah, senior vice president and managing director, NetApp India, said.

NetApp has forged strategic alliances with some of these startups including Scalend, BlobCity, SigTuple, and Nanobi.

Here’s a quick look at the startups selected for the third batch:

CloudOptimo: This startup claims to reduce the costs of cloud infrastructure by up to 80% while also ensuring consistent performance.

FirstHive: It is a customer-data platform that builds unique customer identities by aggregating data from different sources of customer interactions and transactions.

InstaSafe: It is a cloud-based security-as-a-service solution provider delivering protection to mobile and remote workers, enabling them to safely and securely access enterprise apps, email and web from anywhere on any network.

Praktice.ai: The startup provides a medical artificial intelligence (AI) engine to tertiary care hospitals to autonomously drive hospital operations.

Uber Diagnostics: Its flagship product, Cardiotrack, an Internet of Things (IoT) and AI solution for cardiac patients, offers a slew of services including patient care, primary care and tertiary care on the same platform.

ZScore Technologies: This data quality and management company helps AI and machine learning users in enterprises to clean their data and also provides analytics.

Source: Tech Circle

NetApp chooses six startups in emerging tech for its Excellerator Program

NetApp chooses six startups in emerging tech for its Excellerator Program

NetApp selects six startups in the emerging tech areas such as data analytics, IoT, cyber security, for the third batch of NetApp Excellerator Program. These data-driven startups – which focus on areas ranging from detecting cardiovascular diseases to cyber security – include CloudOptimo, FirstHive, InstaSafe, Praktice.ai, Uber Diagnostics, and ZScore Technologies.

For instance, Uber Diagnostics provides Cardiotrack, which is a complete internet of things and artificial intelligence solution for cardiac patients with primary care and tertiary care on the same platform.

Each of these six startups, selected from more than 300 applicants, would receive access to collaboration and productivity tools, co-working space out of the NetApp’s global centre of excellence in Bengaluru as well as networking opportunities with potential investors, partners, and customers, said the company in a statement. These firms would also have access to NetApp platforms and technologies, tools, HR, marketing, legal and tech support.

NetApp said it would provide an equity free grant of $15,000 to these startups upon completion of the programme. So far, the company has forged ties with startups such as Scalend, BlobCity, SigTuple, and Nanobi offering them a future relationship opportunity with the company and all of them are now NetApp Strategic Alliance partners.

“The NetApp Excellerator is focused on the development and growth of data-driven startups, thereby enabling an ecosystem that can help our customers realise the potential of their data. A strong focus on go-to-market efforts with our sales team makes the startups market-ready and helps improve their financial viability. The biggest boost in a competitive technology landscape that a startup can hope to receive is technical and business mentoring. We are putting our best foot forward on both front,” Deepak Visweswaraiah, managing director, NetApp India, was quoted in the statement.

Source: ET Rise, Corporate Bytes, Latest khabar

NetApp continues to accelerate data-driven startups, launches cohort 3 of the NetApp Excellerator program

NetApp continues to accelerate data-driven startups, launches cohort 3 of the NetApp Excellerator program

NetApp today announced the third batch of startups chosen for NetApp Excellerator – the company’s flagship accelerator program dedicated to helping startups operating in the data space. Six startups were selected from over 300 applicants from across the continent through a rigorous iterative selection process focused on product capability, depth in technology, performance in the boot camp and their alignment with the program’s objectives. With 12 startups graduating from the last two cohorts of the program, the stage is set for another batch of startups to accelerate their journey. This cohort has seen an increased interest in technologies like artificial intelligence, machine learning and the cloud.

The startups selected for the third cohort are CloudOptimo, FirstHive, InstaSafe, Praktice.ai, Uber Diagnostics, and ZScore Technologies.

Ajeya Motaganahalli, Senior Director, Engineering Programs and Leader of the NetApp Excellerator program said, “We are seeing a steady rise in the quality and maturity of startups, making the selection process tougher. A great problem to have! I’m delighted to welcome the startups that are participating in the third cohort. We are applying our learning from the first two cohorts and the program is maturing as a result of the same. We find that there is a bigger need for startup mentoring, especially on the technical side, which NetApp is uniquely positioned to offer.”

Talking about the company’s vision and the program, Deepak Visweswaraiah, Senior Vice President and Managing Director, NetApp India said, “The NetApp Excellerator is focused on the development and growth of data-driven startups, thereby enabling an ecosystem that can help our customers realise the potential of their data. A strong focus on go-to-market efforts with our sales team makes the startups market-ready and helps improve their financial viability. The biggest boost in a competitive technology landscape that a startup can hope to receive is technical and business mentoring. We are putting our best foot forward on both fronts.”

Each of these startups will now receive access to collaboration and productivity tools, co-working space out of the NetApp’s global center of excellence in Bangalore as well as networking opportunities with potential investors, partners, and customers. These companies will also have access to NetApp platforms and technologies, tools, HR, marketing, legal and tech support. NetApp will provide an equity free grant of USD 15,000 to these startups upon completion of the program. In the past, NetApp has forged ties with startups offering them a future relationship opportunity with the company. Past participants of the program include Scalend, BlobCity, SigTuple, and Nanobi, all of whom now are NetApp Strategic Alliance partners.

Located in the heart of Bangalore’s technology neighborhood at its 15-acre campus, the four-month-long Excellerator program is NetApp’s first-ever startup accelerator, designed to help enterprise startups to achieve their full potential through mentorship with one of NetApp’s largest R&D teams.

Source: CRN India, IT Voice, VAR India, Digital Terminal, Biz Infotech, ELE Times, The Hindu, Telangana Today, BW CIO, Tech Herald, Express Computer, PC Quest, Enterprise IT World

6 new start-ups selected for ‘NetApp Excellerator’ programme

6 new start-ups selected for ‘NetApp Excellerator’ programme

Data storage and management company NetApp on Wednesday announced the names of six start-ups for its “NetApp Excellerator” programme, which is designed to help new enterprises achieve their full potential through mentorship with one of its largest R&D teams.

The third batch of start-ups include CloudOptimo, FirstHive, InstaSafe, Praktice.ai, Uber Diagnostics and ZScore Technologies — were selected based on their product capability, in-depth technology, performance in the boot camp and alignment with the programme objectives.

“We find that there is a bigger need for startup mentoring, especially on the technical side, which NetApp is uniquely positioned to offer,” Ajeya Motaganahalli, Senior Director, Engineering Programmes and Leader, NetApp Excellerator Programme, said in a statement.

Each of these start-ups would now receive access to collaboration and productivity tools, co-working space out of the NetApp’s global centre of excellence in Bengaluru along with networking opportunities with potential investors, partners and customers.

NetApp would also provide an equity free grant of $15,000 to these start-ups upon completion of the programme.

“A strong focus on go-to-market efforts with our sales team makes the startups market-ready and helps improve their financial viability,” said Deepak Visweswaraiah, Senior Vice President and Managing Director, NetApp India.

From the last two cohorts of the programme, 12 start-ups have graduated and this cohort has seen an increased interest in technologies like artificial intelligence (AI), machine learning (ML) and the Cloud.

Source: Business Standard, Outlook, The Weekend Leader, News Heads, Daily World, Devdiscourse

NetApp Excellerator mentors team up with mentee founders to achieve common goal of improved product experience for a global market
05/31/2018

NetApp Excellerator mentors team up with mentee founders to achieve common goal of improved product experience for a global market

The greatest good you can do for another is not just to share your riches but to reveal to him his own. – Benjamin Disraeli (British statesman)

As the number of startups increases, so does the number of incubator and accelerator programmes nurturing them. According to a report by NASSCOM and Zinnov, with over 140 accelerators and incubators, India is now ranked third globally, after China and the US, when it comes to such programmes.

Mentorship is a key component of any accelerator programme, not just on an individual level, but also at an organisational level. Since June 2017, global data storage and management giant NetApp has been helping a number of young B2B startups find their feet in the bustling, competitive startup space. With each cohort, the NetApp Excellerator has been forthcoming with business and technical mentorship and forging connects with investors and potential clients.

“The NetApp Excellerator is a pioneering programme that looks to break new ground and provide newer and greater possibilities for data-driven startups. If I have to pick one thing that sets aside NetApp’s accelerator programme from the rest, it is the quality of the mentors and its world-class mentorship,” says Ajeya Motaganahalli, Sr. Director and leader for NetApp Startup Accelerator. “With NetApp’s rich history of innovation and expertise in data management, we are providing startups working in this area with the right mentorship – both technical and business. Additionally, we get best-in-class global industry experts to help them define their business strategy and focus.”

We spoke to the mentors for the six startups from the 2nd cohort of the NetApp Excellerator – Anlyz, ArchSaber, Blobcity, Dataken, Nanobi, Sigtuple – who shared their experiences with us.

Quote: A mentor is not coming with any biases towards the business and has an outside-in perspective. Understanding and communicating each other’s perspective is the biggest challenge. I am sure right decisions are taken as soon as the clarity emerges: Parag Deshmukh, Archsaber mentor.

They say it took a combination of gentle persuasion, tough love and constructive criticism, to guide their mentees. Combined with the fact that establishing mutual trust took time, and some of the mentees were not on the same page as the mentors when it came to the issues at hand, it was a tough road. Girish BK, mentor for Blobcity, says, “The Blobcity team is trying to solve a very large-scale and difficult problem in the industry today. I wanted to help them solve some of their technical challenges. But first, I needed to take the initiative to articulate the problem scenario that my mentees were facing on their behalf.”

But for everyone, their collective efforts are being validated today, with improved and better versions of the solution in terms of design and usability, cost-savings due to process improvements, and a host of other benefits.

What helped was that they all shared the same value set, with a long-term vision to improve the product experience offered by the startups and worked with that goal in mind.

Some of the startups they were working with were a very early stage, with passion, enthusiasm, and agility in droves. In fact, both Girish and Parag reiterate that the scale and magnitude of the problems that their young mentee startups had taken on the onus to solve had not been cracked even by larger existing players. As mentors, they had to nudge them in the right direction where necessary. “We felt that we are asking them to slow down; however, q it was important so that they can re-channelise their energies so as to position themselves for success,” said Parag.

The practical advice ranged from how to rationalise their portfolio and focus on one or two niche capabilities, which helped them to better segment their customers and prioritise, to how to approach product design to provide an intuitive and differentiated product experience and moving old records and reports to low cost/cold tier storage, resulting in significant improvement in storage costs.

The learning was not one-sided. The mentors say they also in turn, learnt from the startups. “I learnt a lot in terms of the workflows in healthcare and the various insights they provide through their AI platform. What also really impressed me (and is usually lacking in most startups) is their willingness to publish their work in external conferences,” says Priya Sehgal, mentor for Sigtuple.

Quote: Often, the expectations between the mentor and mentee is not well-communicated or misunderstood. That’s the time the relationship falls apart: Priya Sehgal, Sigtuple mentor.

“As mentors, we ought to be true in our views so that startups can get the best suggestions, solutions from us. I agree it’s sometimes difficult to say things that we believe are not correct, especially when the startups are really passionate. But again, there are ways to communicate the message and make them realise the path they are taking may be wrong,” says Sunil Gopal, mentor for NanoBI.

In turn, the startups have been extremely receptive to suggestions to improve their current product experience. “I believe they realise the need to have a differentiated product experience to scale higher, and hence I believe they have been very receptive. Of course, the implementation prioritisation challenges exist,” adds Sunil. Priya says that the Sigtuple team has been meticulous in taking up action items that were suggested to them and coming back in later weeks with how they have made progress on the suggestions.

How different is mentoring a business versus mentoring founders? “Calling a consultant to evaluate a business and him putting in an elaborate report on the changes that need to be made to make the business successful and handing it over to founders for executing it, is very different from going along with the founders as a team on the path to realisation of their goal,” says Parag.

And the success of startups that have been a part of the earlier cohorts of the NetApp Excellerator are a validation of this approach.

Source: YourStory

A definitive guide to starting up, scaling up and successfully positioning your solution in a global market
03/13/2018

A definitive guide to starting up, scaling up and successfully positioning your solution in a global market

The risks and the rewards notwithstanding, that there’s a world of difference in how a B2B and a B2C startup function is an understatement. From the pain points that they’re solving, to the product philosophy, or the customer mindset, the generic rules that apply to a one segment will not work in the case of the other.

For B2B startups, these 5 golden rules are good to remember.

Get someone who knows what exactly to sell: Have a strong sales person on the team with a good understanding of B2B sales, as he or she will need to appeal to a different customer mindset.

Don’t stretch yourself too thin: Be focused on one problem and you can best solve that one problem, instead of trying to solve multiple problems

Make sure to plan your cashflow efficiently: The B2B sales cycles can be fairly long. So do factor in enough runway time.

Learn to recognise a true customer: With time and experience, become adept at understanding who is a serious customer early on, and focus on them. This will help you in the long run, as the next point illustrates.

Find referenceable customers: These are the customers who you can use as references and whose feedback will add to your brand value. So ensure that you are keeping them happy.

The accelerator phase

So with all other things in place, you’re now thinking of the next step, scaling up. You may believe that getting into a well-known accelerator programme is THE ticket to the big league. Think again. Of course, making it to the programme from several hundreds of applicants with compelling and innovative solutions is surely commendable. But that’s no excuse to sit back and relax. In fact, if anything, this is the stage where you need to be clearer, more focussed and work harder towards refining your product / solution to make it market-worthy for a global audience.

Here are some important dos and don’ts to keep in mind for startups in an accelerator phase.

Staring working backwards: Early on in the programme, define your goal for the graduation day and the roadmap you have in mind. In a few weeks or months, based on interactions with mentors and their feedback, you may need to revisit this and make adjustments. But always start out with a clear picture in mind of where you want to be.

Use all the advantages you get: Make maximum use of all the resources that are available during the programme: From mentors, to industry connects, to prospective customer connects, don’t hesitate to leverage any advantage you get during the programme which can take you closer to your goal.

When in doubt, always ask: Don’t be afraid to ask — for guidance, for clarity and anything else you believe will help you in your journey. Remember, the few weeks inside the programme can make a world of difference to how your solution is received in the competitive world outside.

Keep it simple and short: When making a pitch to investors, don’t try to squeeze in your whole story into a few minutes. With this, you risk diluting the key message and your unique selling proposition. Focus only on what’s relevant to the audience in front of you. Another no-no is over-shooting the time as people switch off mentally once the allotted time is over.

Taking the entrepreneurial plunge

For those who are still unsure of chasing their entrepreneurial dream, do remember that as challenging as it may be, starting up can be equally rewarding, if you keep in mind these basic pointers.

Do it right: Know why you are starting up, and do it for the right reasons – because you truly believe that you can make a difference with your offering. Not because it is the latest fad and everyone else is doing it.

Get a grounded perspective: In the same vein, do understand that passion is great. But successful businesses don’t run only on passion, make sure to get some real and practical insights before you commit yourself.

Talk to other founders: To get a real sense of what entrepreneurship entails and how it can change your life, do talk to other founders– both successful and failed. After all, being in the trenches is very different from reading up books about it.

Keep your eye on the goal: Last, execution is everything, so focus, focus and focus!

Blog Source: Your Story

How corporate giants help startups land big customers
03/06/2018

How corporate giants help startups land big customers

Companies benefit from innovation, quick execution that startups are known for, while founders get mentors, access to client networks

It’s a little over two years since Neerav Parekh set up his artificial intelligence and analytics startup vPhrase — and he’s already been part of three accelerator programmes in Bengaluru and Mumbai. He’s now set to leave for Hong Kong to join a ‘supercharger’ programme. Hopping from one accelerator to another may seem unusual but for Parekh, who was part of Target Accelerator in Bengaluru, Nomura’s Mumbai-based fintech accelerator and Microsoft Accelerator, it makes sense. Associating with these corporate accelerators helped him sign 12 customers, including HDFC, Kotak and Motilal Oswal,for his products that convert complex data into easyto-understand, written narratives. Over the last few years, large multinationals have started accelerator programmes to benefit from the innovation and quick execution that startups are known for. As the term suggests, accelerators give early-stage startups a burst of fuel through a combination of mentoring and real-world experience, which ups the profile of the startup and helps raise follow-on rounds. Startups enter accelerators for a fixed period of time as part of a cohort of companies. The larger company provides benefits like mentoring, free cloud access and entry to their network of customers. Unlike other accelerators, corporate accelerators look at product and technology synergies between their parent and the startup. Having worked with large customers, the companies are able to provide valuable insights on how to improve a startup’s product.

Ajeya Motaganahalli, director at NetApp Excelerator, says setting up an accelerator is a way to foster innovation. “We only look at startups in the data space where we can help. We got 250 applications for our first cohort last year. For the second, we got 450,” he says. NetApp provides grants up to $15,000 to each startup.

Over 20 multinationals, including Swiss Re, Pitney Bowes, Cisco and SAP, have accelerators in India, according to Nasscom’s 2017 startup report. This has led to the emergence of startups in the business-to-business (B2B) sector — 47% of startups established in 2017 serviced other businesses. Research firm Venture Intelligence estimates that there are 25 active corporate accelerators.

Before he discovered accelerators, Parekh had tried to sign customers for a year, but progress was slow. “Companies take a lot of time to respond, especially when you are unknown. Being in an accelerator run by Target or Microsoft gives you the upper hand,” says Parekh. “We got an opportunity to interact with more companies, which helped us bag deals faster.”

Microsoft’s accelerator programme in Bengaluru has graduated 11 cohorts and focuses on enterprise startups. It gives startups access to Microsoft’s tech stack and use of its advanced cloud services in areas such as big data, IoT and cognitive services. Some like Intel and Cisco provide funding, while others facilitate discussions with venture capital funds.

Former PayPal engineers Srikanth Parthasarathy and Ravi Madhira started Scalend Technologies, a data insights company, in 2015, but had trouble connecting with customers. Last year, they joined NetApp’s fourmonth accelerator programme. It led to Scalend partnering with the $5.5 billion data management company to sell a product.

For NetApp, partnerships make it easier to attract customers. “We now sell two products instead of one. It is easier to bid for customers since Scalend’s product is quite innovative,” says Motaganahalli.

Rehash Technologies, a chatbot application company that just graduated from Oracle’s six-month startup accelerator in Bengaluru, got free cloud services to build applications, access to Oracle’s database architecture and mentoring sessions. “They asked what support we needed and provided it,” says Shruti Sinha, co-founder of Rehash. “We met Oracle’s founders who spoke about their time as a small company. It inspires you.”

Pari Natarajan, CEO of management consulting firm Zinnov, says Indian corporate accelerators are formed by the company’s engineering team. This gives startups direct access to technology help. “In other markets like the US, accelerators are started by the company’s venture arm or sales team. In India, startups lack knowledge of deep technology. By working with the engineering teams, they are able to get technical mentorship which improves product performance,” he says. Startups are aware that corporates benefit from them too. Says Parekh of vPhrase, “The main intention is to see if the startup can work with the company in the end.”

Blog Source: The Times of India

Six startups for second batch of NetApp Excellerator
03/02/2018

Six startups for second batch of NetApp Excellerator

RIDING high on the success of its first cohort, NetApp has announced the second batch of startups chosen for its flagship accelerator programme, the NetApp Excellerator. Six startups from across India have been selected from the 450 companies that applied for the accelerator program. Given the data legacy of the company, the NetApp Excellerator program aims at mentoring growth stage startups

The second cohort includes the startups – ArchSaber, SigTuple Technologies, Nanobi Data & Analytics, Data Ken Technologies, BlobCityInc and Anlyz.

The startups were chosen from the 450 companies that registered, up from around 250 that registered for the first cohort, attesting to the value that this program offers. Of these, 11 were shortlisted to participate in a rigorous boot camp that concluded with the six being selected for the second cohort. The selections were based on several factors like product capability and technical depth, fitment i.e. NetApp’s ability to add value to the startup, performance in the boot camp, learnability, coachability and credibility of the founding team.

Ajeya Motaganahalli, director, Engineering Programs and Leader of NetApp Excellerator said, “I would like to congratulate and welcome all the start-ups selected for the second cohort. All six companies have an extraordinary team and a unique solution that has the potential to become a significant player on a global scale. I am impressed with their zeal and vision to transform, thrive in the data space and we are happy to be a part of their incredible journey.”

“We launched the accelerator program last year and it is overwhelming to receive almost double the number of applications for our second cohort. Looking forward to the experience of mentoring this batch. The set of startups we have here seem to further along their journey in the maturity curve as compared to the earlier cohort,” he added.

Sharing the vision behind the program, Deepak Visweswarariah, NetApp India Managing Director and Senior Vice President said, “We want the best of the data-driven startups to take advantage of our data legacy. We have a great partnership with Scalend Technologies, a startup from our last cohort, that we are taking to market. We are keen to share knowledge, form partnerships, and create a data ecosystem. The fantastic response from the startups is a substantiation of our commitment and the quality of mentorship being offered as part of the program. As an encouraging trend, we are also seeing more startups founded and led by women entrepreneurs – we have two such examples in our Cohort 2.”

The selected start-ups will now receive access to collaboration and productivity tools, co-working space out of the NetApp’s global center of excellence in Bangalore as well as networking opportunities with potential investors, partners, and customers. These companies will also have access to NetApp platforms and technologies, tools, HR, marketing, legal and tech support. NetApp will provide an equity free grant of USD 15,000 to these startups upon completion of the program.

Located in the heart of Bengaluru’s technology neighborhood at its 15-acre campus, the four-month-long Excellerator program is NetApp’s first-ever startup accelerator, designed to help enterprise startups to achieve their full potential through mentorship with one of NetApp’s largest R&D teams.

Blog Source: Tech Trail

11 startups and their exciting data-driven solutions made it to the bootcamp round for NetApp Excellerator’s 2nd edition
02/28/2018

11 startups and their exciting data-driven solutions made it to the bootcamp round for NetApp Excellerator’s 2nd edition

‘A brain to pick, a ear to listen, and a push in the right direction.’ These are the essentials in a startup’s survival kit. Add to this, access to the latest technology, influencers, investors, potential customers, and a global launchpad for their solution, and you have a sure-fire formula for success.’

Since June 2017, the NetApp Excellerator programme has been helping selected startups realise their full potential, and extending the reach of their innovative ideas by providing knowledge on various aspects of setting up and scaling up a business. The startups have also been given access to NetApp technologies, partners, mentors, potential customers, and venture capitalists.  After the success of its first cohort, which graduated in December 2017, the global data storage and management giant has now launched the 2nd edition of the programme.

Learning from the first cohort

According to Ajeya Motaganahalli, Head of the NetApp Excellerator, “Cohort 1 was a great learning experience, successful beyond our expectations. We were able to pivot some companies to create the right product market fit, and to even create a partnership with one of the companies. It also helped us fine-tune some aspects of the programme and to improve it.”

This time, they received over 450 applications, more than twice the number that they received for the first cohort. “The companies that have applied to Cohort 2 are slightly more mature than those in the first cohort.  They are from varied sectors in the data-driven space, including analytics, spectral photography, computer vision, Machine Learning (ML), Internet of Things (IoT), and Artificial Intelligence (AI). These are all markets we are interested in, and we believe we can help these companies get to the next level.”

The bootcamp round

Of the 450 applicants, 11 were shortlisted and participated in a two-day bootcamp held recently at the NetApp campus in Bengaluru. After another stringent selection round, six startups will go on to form the programme’s second cohort, which will be announced shortly. These six will get technology and business mentorship in the form of access to NetApp’s platforms, technologies and tools, a co-working space at the company’s Bengaluru premises, networking opportunities with potential investors, access to NetApp’s partners and customers, and support across human resources (HR), marketing, legal, and tech functions.

Of the 11 startups, seven were from Bengaluru, four from the National Capital Region (New Delhi, Gurgaon, and Noida) and one US-registered company with operations in Mumbai. They are:

Veda Labs: This New Delhi-based startup works in the area of Image Analytics. Its solution includes an AI platform that helps warehouses and retail chains track specific activities through CCTV camera using AI, providing an advanced level of business intelligence.

“Our solution allows retailers, surveillance companies, and government agencies to extract real-time insights from CCTV cameras,” says Co-founder Virendra Mishra.

If they get selected to be a part of the second cohort, their primary expectation from the programme includes technical mentorship and business partnerships. “With our surveillance, tech and NetApp’s access to smart cities, we could create a joint solution and co-grow with them. Learning from them and riding a wave with them would help a company like ours,” says Virendra.

ArchSaber: ArchSaber automates the diagnosis and prediction of issues in a large and complex IT stack, through real-time monitoring and alerts, and offers advanced data science techniques to detect and fix these issues.

Ashish Gaurav, Co-founder, explains their solution, “We provide real-time diagnosis of outages in IT infrastructure. When these outages occur, there is immense pressure to resolve the issue as quickly as possible. While manual intervention requires going through huge amounts of data, with our solution, we can help companies quickly grasp the exact point of failure and fix the issue.”

What are his thoughts about getting selected for the final round? “NetApp is an extremely successful enterprise with a deep knowledge of how a product goes from an idea to serving millions of people. They also have a strong tech culture that can be helpful in refining our idea and giving it a shape that everyone can use.”

Dataken Technologies Pvt Ltd: Dataken is focussed on providing Deep Learning-driven business process automation, predictive network management, customer insights, and micro-segmentation for small and medium businesses and service providers. They are augmenting AI/ML-driven intelligence into network monitoring. Their solutions help companies move from the older reactive method of handling things to a more predictive way of looking at operations.

“If selected, we hope to unlearn some things we picked up as part of our startup journey, learn new things, and grow to the next level,” says CEO Suresh Gokarakonda.

SigTuple Technologies Pvt Ltd: They offer intelligent screening solutions for pathology labs through digitisaton of pathological slide images and cloud-based image processing used for diagnosis.

According to CEO Rohit Kumar Pandey, “Our solutions can help doctors and medical lab technicians with visual recognition and analysis, and aid them to make more accurate decisions faster. This will help doctors spend time in places where they can add more value.”

If selected for the programme, Rohit believes it will make a significant difference to their go-to-market strategy. “Technology will only bring you to a certain point. After that, when actually going into the market, there is so much you need to polish – how to target the right customers, get the right features, how to look at the market as a whole. All this only comes through experience which, as a startup, you don’t have. That is where we hope to get technical and strategic help from NetApp, which is a leader in the storage and cloud-based space,” he adds.

Nanobi Data & Analytics Pvt Ltd: Nanobi Analytics is an interactive and visual full-stack end-to-end analytics platform, essentially for the BFSI, retail, and healthcare sectors. They help enterprises in these spaces solve any business problems using data and analytics, and eliminate the need to use a multitude of tools/technologies.

According to CEO Gayatri Balaji, “Any startup needs a godfather who will support and sustain it. We have been in the business for five years and most of our customers are in India. But we want to spread our wings, and go outside our country. Programmes like these can help us quickly get to those big global customers, which would be difficult to do on our own as a startup.”

She adds that, if selected, their expectation from the programme includes access to clients, investors, strategic inputs, and the chance to meet and learn from other companies.

Sprinkle Data: Sprinkle Data is an analytics platform that automates data pipelines and dependency management.

Sharad Agarwal says, “Our solution performs schema discovery and inference of entity relationships, and creates business metrics in a spreadsheet-like format on web interfaces.”

Halt Dos Pvt. Ltd.: HaltDos uses artificial intelligence to automatically detect and effectively mitigate any kind of DoS or DDoS attack without requiring any human intervention. “We are the bouncers of the internet.  We solve cybersecurity problems through machine learning, and the same problem, which would take hours to solve using human intervention, we solve in milliseconds,” says CEO Anshul Saxena.

About his expectations from the programme, if they make it to the final round, he says, “B2B startups like ours need role models who can guide us on what path they followed and how they succeeded. That’s where we can get inputs from the sales and marketing team of NetApps. “

Team Spectral Insights: This 18-month-old startup provides a fully vertically integrated digital solution for the pathology domain. Their solution uses one common piece of hardware, and several software modules to deal with the variety of tests performed using a microscope in a pathology lab – biopsies, blood smears, pap smears, TB sputum smears, bone marrow, etc.

“We try to take everything happening in a pathology lab and convert it to a digital format. We have built a first-generation product, and are in advanced discussions with customers about first-gen deployment. We are looking at the programme to give us acceleration in terms of scaling from a data-centric view, business perspective, and pricing perspective,” says Prasanth Perugupalli, CEO and co-founder.

IOP Technologies: IOP’s IoT products provide industrial plant personnel with deep visibility and data-driven insights across operations. Automating complex work processes enables manufacturers to tighten control on production quality, staffing, and predictive maintenance scheduling.

“We are working on a product for process-based manufacturing industries to solve their problems. We help identify and analyse real-time data from production floors, to solve very critical problems, which are predominantly being done manually. We see improved efficiency and reduced production costs if they get real-time data,” says co-founder Baskaran Balasubramanian.

“The volume of data likely to come out of our product is humungous. There is no better company than NetApp we can to work with to analyse these volumes of data, play with it, and build smart applications,” he adds.

Anlyz: They have created next-gen security products, which make threat and breach detection faster, and improve network security by using ML/Deep Learning and AI to address enterprises’ cybersecurity needs.

Sriram G, Co-founder, says, “If selected, we hope to get good mentorship from thought leaders who’ve built such solutions and show us the right direction in case we are lost somewhere. We would also like to learn how to get clients and deal with them.”

BlobCity, Inc: Blobcity is an analytics marketplace that allows companies to distribute their analytic products over their platform. The platform is available across all major datacenter providers, and anyone with a Docker ID can distribute their Docker applications on this platform without any additional configuration.

“Our solutions can be used by citizen data scientists, that is analysts not formally trained to be data scientists. We see a mutually-beneficial value proposition where BlobCity, can do a joint GTM with NetApp and can help enterprises storing data on NetApp-based systems derive direct meaning from their data,” says CTO Sanket Sarang.

Blog Source: TechGig, YourStory

Meet the 6 startups attending NetApp’s second India accelerator programme

Meet the 6 startups attending NetApp’s second India accelerator programme

NetApp will provide an equity free grant of $15,000 to these startups upon completion of the programme

Cloud company NetApp has announced the six startups selected for the second batch of its startup accelerator programme, called NetApp Excellerator, to be held in Bangalore.

The startups are: ArchSaber, SigTuple Technologies, Nanobi Data & Analytics, Data Ken Technologies, BlobCityInc and Anlyz.

These names were chosen from the 450 companies that registered. Of these, 11 were shortlisted to participate in a rigorous boot camp that concluded with the six being selected for the second cohort. The selections were based on several factors like product capability and technical depth, fitment i.e. NetApp’s ability to add value to the startup, performance in the boot camp, learnability, coachability and credibility of the founding team.

Deepak Visweswarariah, NetApp India Managing Director and Senior Vice President, said: “We want the best of the data driven startups to take advantage of our data legacy. We have a great partnership with Scalend Technologies, a startup from our last cohort, that we are taking to market. We are keen to share knowledge, form partnerships, and create a data ecosystem. The fantastic response from the startups is a substantiation of our commitment and the quality of mentorship being offered as part of the program. As an encouraging trend, we are also seeing more startups founded and led by women entrepreneurs – we have two such examples in our Cohort 2.”

The selected start-ups will now receive access to collaboration and productivity tools, co-working space out of the NetApp’s global center of excellence in Bangalore as well as networking opportunities with potential investors, partners, and customers. These companies will also have access to NetApp platforms and technologies, tools, HR, marketing, legal and tech support.

NetApp will provide an equity free grant of $15,000 to these startups upon completion of the program.

Blog Source: Startagist

NetApp announces Second Cohort of Startups under its flagship accelerator program

NetApp announces Second Cohort of Startups under its flagship accelerator program

NetApp has announced the second batch of startups chosen for its flagship accelerator program, the NetApp Excellerator. Six startups from across India have been selected from 450 companies that applied for the accelerator program. Given the data legacy of the company, the NetApp Excellerator program aims at mentoring growth stage startups.

The second cohort includes start-ups: ArchSaber, SigTuple Technologies, Nanobi Data & Analytics, Data Ken Technologies, BlobCityInc and Anlyz.

The startups were chosen from the 450 companies that registered, up from around 250 that registered for the first cohort, attesting to the value that this program offers. Of these, 11 were shortlisted to participate in a rigorous boot camp that concluded with the six being selected for the second cohort. The selections were based on several factors like product capability and technical depth, fitment, i.e. NetApp’s ability to add value to the startup, performance in the boot camp, learnability, coachability and credibility of the founding team.

Commenting on this, Ajeya Motaganahalli, Director, Engineering Programs and Leader of NetApp Excellerator, said, “I would like to congratulate and welcome all the startups selected for the second cohort. All the six companies have an extraordinary team and a unique solution that has the potential to become a significant player on a global scale. I am impressed with their zeal and vision to transform, thrive in the data space and we are happy to be a part of their incredible journey.”

“We launched the accelerator program last year and it is overwhelming to receive almost double the number of applications for our second cohort. We are looking forward to the experience of mentoring this batch. The set of startups we have here seems to further along their journey in the maturity curve as compared to the earlier cohort,” he added.

Sharing the vision behind the program, Deepak Visweswarariah, NetApp India Managing Director and Senior Vice-President, said, “We want the best of the data-driven startups to take advantage of our data legacy. We have a great partnership with Scalend Technologies, a startup from our last cohort, that we are taking to market. We are keen to share knowledge, form partnerships, and create a data ecosystem. The fantastic response from the startups is a substantiation of our commitment and the quality of mentorship being offered as part of the program. As an encouraging trend, we are also seeing more startups founded and led by women entrepreneurs – we have two such examples in our Cohort 2.”

According to the company, the selected startups will now receive access to collaboration and productivity tools, co-working space out of the NetApp’s global centre of excellence in Bangalore as well as networking opportunities with potential investors, partners, and customers. These companies will also have access to NetApp platforms and technologies, tools, HR, marketing, legal and tech support. NetApp will provide an equity free grant of US$15,000 to these startups upon completion of the program.

Located in the heart of Bengaluru’s technology neighbourhood at its 15-acre campus, the four-month-long Excellerator program is NetApp’s first-ever startup accelerator, designed to help enterprise startups to achieve their full potential through mentorship with one of NetApp’s largest R&D teams.

Blog Source: VAR India

Meet the six data analytics startups selected for NetApp’s second accelerator batch

Meet the six data analytics startups selected for NetApp’s second accelerator batch

US-based data storage and management company NetApp Inc. has selected six data-driven Indian startups for the second batch of its accelerator programme, NetApp Excellerator.

The selected startups will now receive access to collaboration and productivity tools, co-working space out of NetApp’s global centre of excellence in Bengaluru as well as networking opportunities with potential investors, partners, and customers.

These companies can leverage NetApp’s platforms and technologies, tools, HR, marketing, legal and tech support. NetApp will provide an equity free grant of $15,000 to these startups upon completion of the programme.

The startups were chosen from 450 companies that registered, up from around 250 that registered for the first cohort. Of these, 11 were shortlisted to participate in a rigorous boot camp that concluded with the six being selected for the second cohort.

The selections were based on several factors like product capability and technical depth, fitment i.e. NetApp’s ability to add value to the startup, performance in the boot camp, learning and coaching capabilities, and credibility of the founding team.

“All six companies have an extraordinary team and a unique solution that has the potential to become a significant player on a global scale. I am impressed with their zeal and vision to transform, thrive in the data space and we are happy to be a part of their incredible journey,” said Ajeya Motaganahalli, director, Engineering Programs and Leader of NetApp Excellerator.

NetApp launched its accelerator programme in June 2017 and in December 2017, six startups graduated from the first batch. The graduating startups included Scalend Technologies, Adya, Enclouden, Lightmetrics, Vaultedge, and Vitacloud.

Here’s a quick look at the startups selected for the second batch:

ArchSaber: This New Delhi-based company, which was founded in 2016, uses machine learning to detect and fix performance issues in IT infrastructure. It monitors infra in real-time.

SigTuple Technologies Pvt Ltd: This Bengaluru-based company, which was founded in 2015, builds cloud-based solutions for medical diagnosis using artificial intelligence. It has tied up with medical institutions to get data for the analysis. SigTuple’s solutions allow labs and hospitals to implement a hub-and-spoke model where medical experts can operate from the hub and devices can be installed in spokes.

Nanobi Data and Analytics Pvt Ltd: This Bengaluru-based startup, which was founded in 2012, provides enterprises a cloud-based business intelligence platform to build analytic applications.

BlobCity: Founded in 2012, this Mumbai-based startup offers companies an analytics database. The company’s database can analyse data in real-time as well as perform low-latency analytics on extremely large datasets. The platform is available across all major data centre providers.

Anlyz: Founded in 2014, the company uses machine and deep learning and artificial intelligence to address enterprise cybersecurity needs.

Dataken Technologies: Founded in 2014, this Bengaluru-based startup operates an analytics platform through which users can monitor data centres, run predictive analytics for telecommunications and operate analytics for enterprise resource planning for life sciences.

Blog Source: VCCircle

NetApp Excellerator Announces Its Second Cohort of Startups In AI and Analytics

NetApp Excellerator Announces Its Second Cohort of Startups In AI and Analytics

Shortly after the success of its first cohort, NetApp has announced the second batch of startups for its flagship accelerator program. Under the NetApp Excellerator, six startups from across India have made their way amongst the 450 companies that applied for it. NetApp will mentor these growth stage startups— ArchSaber, SigTuple Technologies, Nanobi Data & Analytics, Data Ken Technologies, BlobCityInc and Anlyz.

ArchSaber is into infrastructure analytics, where it automates the diagnosis and prediction of issues occurring in a large and complex IT stack. The second in the list is Sigtuple Technologies which is a AI and ML driven healthtech startup. Nanobi Data and Analytics is an interactive and visual full-stack end to end analytics platform, whereas Blobcity is an analytics marketplace that allows companies to distribute their analytic products over their platform. Anlyz uses Deep learning & AI to address enterprise cybersecurity needs and Data Ken is focused on providing Deep Learning driven business process Automation.

The startups were chosen from the 450 companies that registered, up from around 250 that registered for the first cohort, attesting to the value that this program offers. The selections were based on several factors like product capability and technical depth, fitment i.e. NetApp’s ability to add value to the startup, performance in the boot camp, learnability, coachability and credibility of the founding team.

Ajeya Motaganahalli, Director, Engineering Programs and Leader of NetApp Excellerator said, “I would like to congratulate and welcome all the startups selected for the second cohort. All six companies have an extraordinary team and a unique solution that has the potential to become a significant player on a global scale. I am impressed with their zeal and vision to transform, thrive in the data space and we are happy to be a part of their incredible journey.”

Sharing the vision behind the program, Deepak Visweswarariah, NetApp India Managing Director and Senior Vice President said, “We want the best of the data driven startups to take advantage of our data legacy. The fantastic response from the startups is a substantiation of our commitment and the quality of mentorship being offered as part of the program. As an encouraging trend, we are also seeing more startups founded and led by women entrepreneurs – we have two such examples in our Cohort 2.”

The selected startups will now receive access to collaboration and productivity tools, co-working space out of the NetApp’s global center of excellence in Bangalore as well as networking opportunities with potential investors, partners, and customers. These companies will also have access to NetApp platforms and technologies, tools, HR, marketing, legal and tech support. NetApp will provide an equity free grant of USD 15,000 to these startups upon completion of the program.

Blog Source: Analytics India

NetApp selects 6 data-driven startups for its Excellerator programme

NetApp selects 6 data-driven startups for its Excellerator programme

Data storage and management company NetApp on Wednesday selected six data-driven startups for the second batch of its “NetApp Excellerator” programme.

The second cohort includes ArchSaber, SigTuple Technologies, Nanobi Data and Analytics, Data Ken Technologies, BlobCityInc and Anlyz.

The selected start-ups will receive access to collaboration and productivity tools, co-working space out of the NetApp’s global centre of excellence in Bengaluru as well as networking opportunities with potential investors, partners and customers.

NetApp will provide an equity-free grant of $15,000 to these startups upon completion of the programme.

The selected startups will also have access to NetApp platforms and technologies, tools, HR, marketing, legal and tech support. At the end of the four-month accelerator programme, NetApp will provide an equity free grant of $15,000 to each of these startups.

NetApp will provide an equity-free grant of $15,000 to these startups upon completion of the programme.

“All six companies have an extraordinary team and a unique solution that has the potential to become a significant player on a global scale,” said Ajeya Motaganahalli, Director, Engineering Programmes and Leader of NetApp Excellerator.

“We launched the accelerator programme last year and it is overwhelming to receive almost double the number of applications for our second cohort,” he added.

ArchSaber automates the diagnosis and prediction of issues occurring in a large and complex IT stack.

SigTuple Technologies is into digitisation of pathological slide images, running Cloud-based image-processing for diagnosis in pathology labs.

Nanobi analytics is an interactive end-to-end analytics platform that helps prepare, analyse and visualise complex data.

Blobcity is an analytics marketplace that allows companies to distribute their analytic products over their platform.

Data Ken is focused on providing deep learning-driven business process automation, predictive network management, customer insights and micro-segmentation.

Anlyz is a next-gen security product with granularity and visibility of enterprise threat landscape, using machine/deep learning and Artificial Intelligence (AI) to address enterprise cybersecurity needs.

The six start-ups were selected from 450 companies — up from nearly 250 start-ups that registered for the first cohort.

“We have a great partnership with Scalend Technologies, a start-up from our last cohort, that we are taking to market. We are keen to share knowledge, form partnerships and create a data ecosystem,” said Deepak Visweswarariah, Managing Director and Senior Vice President, NetApp India.

–IANS na/

Blog Source: Business Standard, Shafaqna, Web India 123, Social News XYZ, Suryaa, This is my India, Yahoo India, Zee Business, Daily World

NetApp Excellerator Selects Six Startups For Its Second Cohort; Promises $15,000 Equity Free Grant To Each

NetApp Excellerator Selects Six Startups For Its Second Cohort; Promises $15,000 Equity Free Grant To Each

The Six Shortlisted Startups Are ArchSaber, SigTuple, Nanobi Analytics, Data Ken, BlobCity and Anlyz

US-headquartered data storage and management company NetApp has selected startups for the second cohort of its startup accelerator programme, NetApp Excellerator.

The six startups, which have been selected from 450 applications, include ArchSaber, SigTuple Technologies, Nanobi Data and Analytics, Data Ken Technologies, BlobCityInc and Anlyz.

On the second cohort of the accelerator programme, Ajeya Motaganahalli, Director, Engineering Programs and Leader of NetApp Excellerator said, “All six companies have an extraordinary team and a unique solution that has the potential to become a significant player on a global scale. The set of startups we have here seem to further along their journey in the maturity curve as compared to the earlier cohort.”

Under the NetApp Excellerator programme, the shortlisted startups will gain access to collaboration and productivity tools, co-working space out of the NetApp’s global centre of excellence in Bengaluru as well as networking opportunities with potential investors, partners, and customers.

The selected startups will also have access to NetApp platforms and technologies, tools, HR, marketing, legal and tech support. At the end of the four-month accelerator programme, NetApp will provide an equity free grant of $15,000 to each of these startups.

Here is a brief about the selected six startups:

  • ArchSaber: The startup automates the diagnosis and prediction of issues occurring in a large and complex IT stack. It offers real-time monitoring and alerting of all core and non-core infra components and advanced data science techniques to detect and fix these issues.
  • SigTuple: It works on the digitisation of pathological slide images and running cloud-based image processing for diagnosis in pathology labs.
  • Nanobi Analytics is an interactive and visual full-stack end to end analytics platform that offers services for everything an organisations needs to prepare, analyse and visualise complex data, while also eliminating the need to use a multitude of technologies.
  • Blobcity: Blobcity is an analytics marketplace that allows companies to distribute their analytic products on its platform. The platform is available across all major data centre providers, and anyone with a Docker ID can distribute their Docker applications on this platform without any additional configuration.
  • Anlyz is a next-gen security product with granularity and visibility of enterprise threat landscape using machine/deep learning (ML) and artificial intelligence (AI) to address enterprise cybersecurity needs
  • Data Ken is focused on providing deep learning driven business process automation, predictive network management, customer insights and micro-segmentation.They are augmenting AI/ML driven intelligence into network Monitoring for Enterprise networks.

In December 2017, NetApp Excellerator completed the first cohort of its programme where six startups – LightMetrics, ADYA, Vaultedge, Vitacloud, EnCloudEn and Scalend – graduated.

As the cohort’s alumni, the startups have received continued access to mentorship and go-to-market opportunities with NetApp, as well as ecosystem connects.

A Look At Some Of The Accelerator Programmes Launched Recently

Recently, many other accelerators also opened up applications for their startup hunt in India.

For instance, last week Amazon introduced the second edition of its Alexa Accelerator programme and has opened applications for startups worldwide including India. It is looking for 13 promising startups, which use voice technology, to come up with new devices that can integrate Alexa.

Also, Delhi NCR-based startup accelerator Espark-Viridian is inviting applications for the March cohort of its #AccessXcceleration programme. The Accelerator is looking for early-stage startups from all sectors to be a part of the programme. The entries are open till February 26, 2018.

In January 2018, Facebook collaborated with Hyderabad based T-Hub to kickstart ‘India Innovation Hub Accelerator Program’ to discover the best amongst startups working in the field on AR/VR in India.

Also in January, YES BANK launched the second cohort of its fintech startup accelerator, YES FINTECH. The 15-week innovation programme will witness eight startups, chosen from over 500 applicants across 10+ countries, undergo rapid enhancement of their value quotient through product-market-fit guidance, Proof of Concept (PoC) validation and Go-To-Market advisory.

Amid the various accelerator programmes being launched in India, the six participating startups of NetApp Excellerator will gain access to mentorship and other resources essential to their success.

Blog Source: Inc 42, Daily Hunt

NetApp Excellerator Welcomes Its Second Cohort of Startups

NetApp Excellerator Welcomes Its Second Cohort of Startups

Riding high on the success of its first cohort, NetApp announced the second batch of startups chosen for its flagship accelerator program, the NetApp Excellerator. Six startups from across India have been selected from the 450 companies that applied for the accelerator program. Given the data legacy of the company, the NetApp Excellerator program aims at mentoring growth stage startups.

The second cohort includes the startups – ArchSaber, SigTuple Technologies, Nanobi Data & Analytics, Data Ken Technologies, BlobCityInc, and Anlyz.

The startups were chosen from the 450 companies that registered, up from around 250 that registered for the first cohort, attesting to the value that this program offers. Of these, 11 were shortlisted to participate in a rigorous boot camp that concluded with the six being selected for the second cohort. The selections were based on several factors like product capability and technical depth, fitment i.e. NetApp’s ability to add value to the startup, performance in the boot camp, learn ability, coach ability, and credibility of the founding team.

Ajeya Motaganahalli, Director, Engineering Programs and Leader of NetApp Excellerator said, “I would like to congratulate and welcome all the start-ups selected for the second cohort. All six companies have an extraordinary team and a unique solution that has the potential to become a significant player on a global scale. I am impressed with their zeal and vision to transform, thrive in the data space and we are happy to be a part of their incredible journey.”

“We launched the accelerator program last year and it is overwhelming to receive almost double the number of applications for our second cohort. Looking forward to the experience of mentoring this batch. The set of startups we have here seem to further along their journey in the maturity curve as compared to the earlier cohort,” he added.

Sharing the vision behind the program, Deepak Visweswarariah, NetApp India Managing Director and Senior Vice President said, “We want the best of the data-driven startups to take advantage of our data legacy. We have a great partnership with Scalend Technologies, a startup from our last cohort, that we are taking to market. We are keen to share knowledge, form partnerships, and create a data ecosystem. The fantastic response from the startups is a substantiation of our commitment and the quality of mentorship being offered as part of the program. As an encouraging trend, we are also seeing more startups founded and led by women entrepreneurs – we have two such examples in our Cohort 2.”

The selected start-ups will now receive access to collaboration and productivity tools, co-working space out of the NetApp’s global center of excellence in Bangalore as well as networking opportunities with potential investors, partners, and customers. These companies will also have access to NetApp platforms and technologies, tools, HR, marketing, legal and tech support. NetApp will provide an equity free grant of USD 15,000 to these startups upon completion of the program.

Located in the heart of Bengaluru’s technology neighborhood at its 15-acre campus, the four-month-long Excellerator program is NetApp’s first-ever startup accelerator, designed to help enterprise startups to achieve their full potential through mentorship with one of NetApp’s largest R&D teams.

Blog Source: CIO Review, News Experts