DOCSLIB.ORG

About Our Firm

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
About Our Firm ABOUT OUR FIRM Software Equity Group is the nation’s leading investment bank and M&A advisory for privately- held software companies, e-businesses and IT service providers. Founded in 1992, our firm has provided advice and representation to hundreds of such firms throughout the United States and Canada, as well as Europe, Pacific-Asia, Africa and Israel. We primarily represent sellers – established, successful companies with revenues of $5 million to $50 million that seek to be acquired at a highly attractive valuation. We also provide M&A advisory services to public companies in search of strategic acquisitions. Software Equity Group is known and respected worldwide by public software company CEOs, CFOs and Corporate Development executives, first tier U.S. venture capital and private equity firms and software entrepreneurs. Software Equity Group’s Quarterly Reports are read by decision makers in twenty-six countries and members of our firm are quoted widely in such leading publications as The Daily Deal, Barrons, Reuters, Mergers & Acquisitions, USA Today, Softletter, Software Success, Software CEO Online and Software Business Magazine. Software Equity Group’s senior bankers have keynoted and spoken at more than one hundred software industry conferences and seminars, including Software Business, SoftExpo, Culpepper, VAR Conference, and the Arizona, Colorado, Chicago, Southern California, Denver, San Diego and Boulder Software Associations. Our clients span virtually every software technology, including e-commerce, data analytics, development tools, call center management, digital rights management, embedded systems, wireless apps, supply chain, ERP, CRM, middleware, CAD, internet infrastructure, as well as some 57 different vertical markets. We know these technologies and these software subsectors intimately, and we track closely software market trends and directions. We also have intimate understanding of software company finances and operations, Though every member of our professional team is an experienced investment banker, several are experienced entrepreneurs, as well with strong operating backgrounds. Our firm is highly strategic when positioning a client in the market, and when structuring transactions, but we’re also process driven. We have a database of software company buyers and software M&A transactions which is second to none, a carefully targeted and aggressive marketing and sales methodology, an extraordinary knowledge of software company finances, operations and valuations, and demonstrated skill at the negotiation table. We are absolutely committed to both client satisfaction and results. Our values are clear and deeply embedded: Every client is highly valued. We listen carefully, talk straight and communicate often. We are committed to exceeding expectations. Integrity and professionalism characterize all that we do. REPORT SUMMARY ECONOMY A key barometer of the health of the U.S. business climate, 2005 capital spending grew 12.7% to $342 billion for S&P 500 companies. After three years of soaring profits, most U.S. public companies had no problem paying cash for these capital purchases. Non-financial companies in the Standard & Poor's 500 reported a combined $634 billion in cash by year- end, up from $352 billion in 2001. It’s the largest cash hoard for these S&P companies relative to their market value in 17 years. IT capital expenditures will lay claim to a significant portion of 2006 capital investments. Security remains the top priority. High-buzz technologies and trends, such as virtualization, software-as-a-service and server/storage virtualization ranked low, with open source software in the spending basement. The analysis also provided the first sign the post-bubble pendulum may be shifting again – this time, from single vendor suites to best-of-breed point solutions, signaling better days for smaller, niche vendors. PUBLIC MARKETS The software sector lagged the broader public market indexes much of the year. Although the financial performance of most public software companies continued to improve, the median enterprise market value of the SEG-100, our composite index of publicly traded software companies, finished 2005 down 2.6% relative to the beginning of the year. Two other key metrics were even more telling: Enterprise Value/EBITDA and Enterprise Value/Earnings declined 29.5% and 10.3%, respectively, from 4Q04 to 4Q05, as investors signaled that improved profitability without noteworthy growth was no longer attractive. We expect investor emphasis on revenue growth to intensify in 2006. Public software companies that continue to grow revenue at lackluster rates should see little if any increase in valuation, even as they continue to improve EBITDA margins. Investor insistence on top line growth will undoubtedly cause many public software companies to be even more acquisitive in 2006, particularly those not able to attain the requisite revenue growth organically. IPO/VENTURE CAPITAL The IPO market, after collapsing in 2001, rebounded in 2004, but couldn’t sustain the momentum. Only a handful of software and internet related companies went public in 2005; of these, seven were in the second half of the year. SSA Global, a provider of enterprise software applications, and Kenexa, a provider of workforce management software, were the lone industry IPOs in 2Q05. Finding its offering under-subscribed, SSA Global reduced the number and price of its shares at the eleventh hour and scratched a $100 million special dividend payment to its controlling stockholders. Kenexta did little better, posting a 0.42% gain on the day of its initial offering. Four other IPO candidates that would have priced in 2005 chose not to, citing unreceptive investors and a highly favorable M&A market. 2005 SOFTWARE INDUSTRY EQUITY REPORT Copyright © 2006 Software Equity Group, L.L.C. Venture capital firms remained cautious and conservative in 2005, allocating more than 80% of invested funds to expansion stage and later stage private companies. Software, once again, continued to lead all other industry sectors in attracting VC investment. MERGERS AND ACQUISTIONS U.S. mergers and acquisitions (M&A) grew in both volume and value during the year. Software represented 15.7% of total M&A deal activity, leading all other industry sectors. The median valuation of software industry M&A transactions in 2005 grew every quarter. For the year, the median software company M&A valuation, measured as a multiple of TTM revenue, beat 2004’s median valuation of 2.4x, and was up sharply from 2003’s 1.6x multiple. Median software M&A valuations continued to vary widely by product category. Sellers with enterprise solutions that required significant but non-essential capital spending, and sellers in yesterday’s high spend categories that have not yielded the anticipated return, lagged well behind less expensive, readily deployable solutions offering measurable, near- term benefits. Not surprisingly, software company sellers in product categories with median revenue growth rates above 12% had significantly greater valuations than product companies in the low revenue growth categories. Product extension deals continued to lead all others, as buyers sought to enhance their current product suite by acquiring small and mid-cap companies targeting the same markets with highly complementary, best-of-breed, market proven products and technology. Looking to 2006, the industry pundits and prognosticators continue to tout the benefits of software as a service (SaaS). By best count, there are some 40,000 privately-held software companies in the United States. We estimate more than 90% have annual revenue of less than $10 million, yet many provide essential and superb point solutions and product suites to the Fortune 1000. Is SaaS their pricing model of the future? Perhaps, but let’s not ignore basic economics. With little cash on hand, and virtually no professional money available to it, where will a private ISV that adopts a SaaS business model find the capital to rewrite its application suite in JAVA or .Net, add major functionality, and deploy on new platforms? Even if the recipe calls for periodic payments amortized over a two or three year initial license term, few bootstrapped private software companies will be able to stay afloat long enough for subscription model cash flows to equal cash flows from paid-up licenses, professional services and M&S. 2005 SOFTWARE INDUSTRY EQUITY REPORT Copyright © 2006 Software Equity Group, L.L.C. CONTENTS U.S. ECONOMY: SOFTWARE INDUSTRY MACROECONOMICS.............................................................1 PUBLIC MARKETS AND PUBLIC SOFTWARE COMPANY PERFORMANCE.............................................2 INITIAL PUBLIC OFFERINGS (IPOS)..................................................................................................5 VENTURE CAPITAL AND PRIVATE EQUITY ........................................................................................8 MERGERS AND ACQUISITIONS: THE NUMBERS...............................................................................11 MERGERS AND ACQUISITIONS: THE DRIVERS ................................................................................16 MERGERS AND ACQUISITIONS: A LOOK AT THE YEAR AHEAD ........................................................19 APPENDIX A: MERGERS AND ACQUISITIONS, MOST ACTIVE BUYERS.............................................21 APPENDIX B: MERGERS AND ACQUISITIONS BY SOFTWARE INDUSTRY CATEGORIES ......................24 - Accounting
Load more

Recommended publications
  • Tips on Successful IT Projects: on Time, Within Budget
    INTRODUCTION 04 MANAGEMENT 05 • HOW TO START A SUCCESSFUL IT PROJECT: A NO-STRESS ROADMAP 06 • 7 OUTDATED PROJECT MANAGEMENT PRACTICES YOU NEED TO ABOLISH NOW 11 • TIME SAVING HACKS (NOT ONLY) FOR BETTER PROJECT MANAGEMENT 13 • AFTER ACTION REVIEW. DOES A FAILURE ALWAYS MEAN WE FAILED? 16 PROCESSES 18 • 3 WAYS TO PLAN IT PROJECTS (TRIED AND TESTED BY NETGURU) 19 • HOW SCOPING SESSIONS CAN HELP A CLIENT LAUNCH A BETTER PRODUCT 20 • HOW ITERATION RETROSPECTIVES CAN IMPROVE YOUR WORK 22 • ESTIMATION MYTHS DEBUNKED! 24 COMMUNICATION 29 • COMMUNICATION WITH CLIENTS: TOP SECRET CHEAT SHEET 30 • 5 COMMUNICATION TACTICS FOR BUILDING GREAT WEB APPLICATIONS 34 • AVOIDING COMMON MISTAKES IN WORKPLACE COMMUNICATION 36 • WHAT WIKIPEDIA WON’T TELL YOU ABOUT CALLS WITH CLIENTS 41 MOTIVATION 44 • 5 WAYS (AND 13 APPS) TO HELP YOU FIGHT OFF PROCRASTINATION 45 • HOW TO DEMOTIVATE YOUR TEAM MEMBERS 46 • HOW TO MOTIVATE YOUR TEAM: NAKED FACTS AND SUREFIRE TIPS 49 • GUIDE TO GIVING EFFECTIVE FEEDBACK 51 EDITOR: Aleksandra Prejs AUTHORS: Agnieszka Amborska, Amelia Rubiś, Elżbieta Durka, Katarzyna Kramnik, Kinga Hankiewicz, Joanna Knap, Paulina Tomaszewska, Chris Meier, Bastiaan Repetski, John Waldron, Szymon Krywult DESIGN: Bartosz Bąk TECHNICAL CONSULTATION: Netguru PM Team 04 INTRODUCTION It’s quite obvious that electronics and IT are all around us – behind every computing device there’s software that runs it. End users may have the impression that building an IT product happens like magic. Every project manager (including yourself) knows, however, that in- stead of doing magic you have deadlines to meet, a budget to stick to and a team of various individuals to motivate and cooperate with.
    [Show full text]
  • Fuji Xerox Selects Netguru's Ereview
    _____________________________________________________________________________________ FUJI XEROX SELECTS NETGURU’S EREVIEW Web4’s leading viewing and collaboration technology to be bundled with Fuji Xerox Singapore’s leading ECM product YORBA LINDA, CA – May 20, 2003, Web4, a division of netGuru, Inc. (NASDAQ: NGRU), a provider of enterprise collaborative commerce solutions, today announced an exclusive distributor agreement with Fuji Xerox Singapore (FXS), a leading provider of document and knowledge management solutions and a key innovator in the enterprise content management (ECM) arena. Web4 will integrate eReview, Web4’s leading two-dimensional (2D) and three- dimensional (3D) collaborative viewer, with FXS’ knowledge-sharing product, DocuShare. DocuShare is a collaborative work environment that enables the sharing, repositioning and management of any document across an enterprise. FXS will retain the exclusive rights to sell eReview in Singapore with FXS’ proprietary document management suite of products in all vertical markets excluding the oil and gas industries. By integrating eReview’s market-leading real-time visualization, markup, conferencing and collaboration technology, FXS will help solidify its offerings in the ECM space by adding interactive, real-time, native viewing of structured and unstructured data found in many popular document types like 2D and 3D Computer Aided Design, Microsoft Office documents, raster images and Electronic Design Automation. With the help of eReview, FXS users familiar with automating and controlling their workflow processes with FXS’ suite of content management products like DocuShare will now have the added ability to collaborate at any point in a document’s life cycle. eReview meetings can also be saved, replayed and archived into DocuShare’s work environment.
    [Show full text]
  • Master Thesis in Social Media and Web Technologies Studying The
    Master Thesis in Social Media and Web Technologies Studying the impact of a mobile application in food waste reduction, circular economy, and social interaction inside the community Author: Christos Gkalfas Supervisor: Marc Jansen Examiner: Nuno Otero Exam date: 14 June 2019 Subject: Social Media and Web Technologies Level: Master Course code: 5ME11E Department of Computer Science and Media Technology i Abstract Social and ecological sustainability applications are a significant way to bring equality, equity, and happiness in society. Food waste and food security are two of the most significant problems the people have to tackle the next years. In every country, there are huge problems regarding the food waste which cause serious health problems and pollution not only in the atmosphere but in the subsoil as well. Contrary to that, there is a countless number of peo- ple facing food security issues every day across the globe. These problems occurred in Greece as well due to the modern way of living on one hand and the financial crisis on the other. A combination of technological ideas in the economic field of the circular economy could be applied to succeed in sustainable solutions. In this thesis, a literature search conducted in order to identify similar prob- lems in Greece. There are very worrying statistics that indicate the massive food waste that is happening in Greek households. Additionally, the lit- erature search for food security and unemployment reveals the significant problem occurred in society as a result of the financial crisis. An additional search in the field of the circular economy reveals excellent solutions in the agricultural machinery sharing and refactoring that could be applied locally, exploiting the existing infrastructure of the community.
    [Show full text]
  • Accelerate Innovation with Strategic Insights from 30 + of The
    Disruption Playbook: Innovation Accelerate innovation with strategic insights from 30+ of the most influential industry leaders DISRUPTION PLAYBOOK: INNOVATION Continuous innovation is According to research from McKinsey, companies that prioritized innovation in past crises emerged stronger postcrisis, outperforming the market average essential for long-term success. by more than 30%. BCG reports a similar trend – companies doubling down on innovation during downturns are more successful over the long term. And with COVID-19 rapidly The message is clear: success in the post-pandemic world begins with a strong focus on innovation today. changing demand, consumer But successful innovation isn’t easy. Even before the pandemic, a survey by behavior, and the way we do BCG revealed that although 80% of innovation executives reported innovation as a top-three strategic priority, only 30% felt their organizations business, the need for an were good at it. To make it work, you need to develop the right culture, effective innovation strategy is balance a variety of moving parts, and dodge a host of potential pitfalls. stronger than ever. To help you do just that, we’ve created this playbook. Inside, you’ll find insights from some of the brightest minds and most successful innovation leaders in business today. So wherever you are in your innovation efforts, you’ll be better able to recognize promising opportunities, quickly select the Radek Zaleski best, and successfully transform them into new sources of revenue. Partner, Fintech Lead Good luck!
    [Show full text]
  • Dokument Informacyjny
    DOKUMENT INFORMACYJNY DOOK S.A. sporządzony na potrzeby wprowadzenia akcji serii B oraz akcji serii D do obrotu na rynku NewConnect prowadzonym jako alternatywny system obrotu przez Giełdę Papierów Wartościowych w Warszawie S.A. Niniejszy dokument informacyjny został sporządzony w związku z ubieganiem się o wprowadzenie instrumentów finansowych objętych tym dokumentem do obrotu w alternatywnym systemie obrotu prowadzonym przez Giełdę Papierów Wartościowych w Warszawie S.A. Wprowadzenie instrumentów finansowych do obrotu w alternatywnym systemie obrotu nie stanowi dopuszczenia ani wprowadzenia tych instrumentów do obrotu na rynku regulowanym prowadzonym przez Giełdę Papierów Wartościowych w Warszawie S.A. (rynku podstawowym lub równoległym). Inwestorzy powinni być świadomi ryzyka jakie niesie ze sobą inwestowanie w instrumenty finansowe notowane w alternatywnym systemie obrotu, a ich decyzje inwestycyjne powinny być poprzedzone właściwą analizą, a także, jeżeli wymaga tego sytuacja, konsultacją z doradcą inwestycyjnym. Treść niniejszego dokumentu informacyjnego nie była zatwierdzana przez Giełdę Papierów Wartościowych w Warszawie S.A. pod względem zgodności informacji w nim zawartych ze stanem faktycznym lub przepisami prawa. DATA SPORZĄDZENIA DOKUMENTU INFORMACYJNEGO: 21 LISTOPADA 2017 R. Autoryzowany Doradca Dokument Informacyjny DOOK S.A. Wstęp Emitent Nazwa (firma): DOOK Spółka Akcyjna Kraj: Polska Siedziba: Wrocław Adres: 53-025 Wrocław, ul. Skarbowców 23B Numer KRS: 0000639585 Sad Rejonowy dla Wrocławia-Fabrycznej we Wrocławiu, VI
    [Show full text]
  • Ruby​ ​On​ ​Rails​ ​-​ ​A​ ​Perfect​ ​Way​ ​To​ ​Kickstart
    Ruby on Rails - a perfect way to kickstart ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ your software business Quick G​u​ide for CEOs ​ ​ ​ ​ ​ ​ ​ ​ Date: Nov 6th, 2017 ​ ​​ ​ ​ ​ ​ ​ Table of contents ​ ​ ​ ​ Why and when to use Ruby on Rails? ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 4 Where Ruby on Rails falls short 5 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Is Ruby on Rails a Good Choice for Machine Learning? 7 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Ruby on Rails for E-commerce 9 ​ ​ ​ ​ ​ ​ ​ ​ Ruby on Rails Development Agency - How to Prepare The Setup And Workflow For Your Team 14 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ netguru.co 1 Selecting a technology in which you will develop a web app is a challenge that every product or ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ business owner has to face. If you make the right choice, it will give you a solid base for growth and ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ expansion. If you choose wrong though, it may cost you an arm and a leg. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Ruby on Rails (RoR) is a popular web framework for web application development built on the Ruby ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ programming language. As a full-fledged web framework, RoR offers many components of a successful ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ web project, such as an ORM (Object Relational Mapping) system for business data and logic, routing, ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
    [Show full text]
  • The State of Machine Learning in Fintech 2020
    Disruption Report THE STATE OF MACHINE LEARNING IN FINTECH 2020 by Table of content Content 1 Introduction 2 Key takeaways 3 The current state of machine learning in fintech 4 Machine learning adoption 4 Data readiness 8 Biggest drivers 10 Strategic priority 13 Approach to deploying machine learning 15 Use cases 15 A look at the wins and losses 19 Value achieved 19 Challenges 20 Key challenges in adoption 20 Looking to the future 24 Future adoption 24 Future use cases 27 Methodology 30 About Netguru 32 The State of Machine Learning in Fintech 2020 - Report 1 Introduction Fintech has revolutionized the financial services industry and continues to evolve rapidly. Advances in technology have enabled disruption and innovation in a market once dominated solely by large institutions. Now, startups and new business models continue to reshape the market, including insurance services, payments and transactions, financial advice, and customer service. One of the key driving forces accelerating the transformation of the industry is machine learning. From predictive analytics and fraud detection to personalized customer engagement and improving customer experience, machine learning creates a myriad of exciting opportunities. Companies can reimagine their businesses, pursue operational efficiencies, and, ultimately, get ahead of the competition. Given the rapidly changing nature of technology adoption and the fintech landscape alike, we wanted to collect and share the most up-to-date information about the current state of machine learning in fintech. In this report, we will explore the current trends, wins and opportunities, challenges, and future developments for companies in the fintech space. The State of Machine Learning in Fintech is based exclusively on data provided by representatives of the fintech community around the world.
    [Show full text]
  • Online Grocery Shopping
    Disruption Report ONLINE GROCERY SHOPPING by Table of content Disruption Report - Online Grocery Shopping About the report 2 Part 1: Online grocery market overview 4 Online sales: the main challenges 5 Conclusions on consumer attitudes from our survey 8 The impact of COVID-19 on grocery retail 9 Part 2: How to adapt to the changing reality 11 Industry predictions 11 Effects of the pandemic on the digital world 12 What’s missing from existing solutions 13 Part 3: Recommendations for frictionless online grocery shopping with 15 Click & Collect Why Click & Collect? 15 Online shopping reinvented 18 Summary 24 About Netguru 25 Partners 27 Contributors 31 Online Grocery Shopping - Report 1 About the report We hope that this report will be a source of interesting insights for retailers and changemakers alike while inspiring them to reimagine online grocery shopping in a way that boosts their business While regulators around the globe are huddling to contain the spread of COVID-19, consumers are towards profitability and brings delightful experiences to end consumers. trying to adapt to the new normal: severe social distancing and self-isolating measures. Retailers that want to accelerate out of the economic downturn need to be very Given the dawn of this new reality, many aspects of online shopping behavior will alter in the customer-centric in their decisions and investments. During discussions with retail leaders coming months. Preparing for these changes will become a basic necessity for the retail industry. from Delivery Hero, Zabka, and Ebay during our last Disruption Forum Retail, it became clear that customer-centricity is the way to win during the next normal.
    [Show full text]
  • Business Services Sector in Poland 2019
    BUSINESS SERVICES SECTOR IN POLAND 2019 Report prepared by the Association of Business Service Leaders (ABSL) in cooperation with EY, JLL, Randstad Polska and Randstad Sourceright Project Coordinator: Janusz Górecki, Head of Sector Research & Analytics, ABSL [email protected] www.absl.pl Interested in cooperation with ABSL? Please contact: Paweł Panczyj, Strategy & Business Development Director, ABSL [email protected] www.absl.pl Graphic design and DTP : www.ponad.pl ® ABSL 2019 The economic copyrights hereto shall be vested in the Association of Business Service Leaders (ABSL) with its registered office in Warsaw and shall be protected under the applicable copyright laws. Any dissemination or copying of this work, in whole or in part, in any form or manner and in any field of exploitation, without ABSL’s prior written consent, is prohibited. Any use of the materials contained herein for quotation purposes is permitted on the terms set out in copyright laws, and requires the source of the quotation to be stated. In the event of any concerns or the need for broader use of the work than personal use, please email us at [email protected] Quoting appropriately-sized excerpts from the report is permitted provided that: (I) the quotation is provided free of charge for non-commercial purposes; (II) the Associa- tion of Business Service Leaders (ABSL) is named as the source of the quotation; (III) the quoted excerpt from the work is not modified or quoted in a manner that modifies its contents or the theses contained therein; and (IV) the disclaimers contained therein are specified.
    [Show full text]
  • Disruption Report ONLINE EDUCATION 2020
    Disruption Report ONLINE EDUCATION 2020 by Disruption Report: Online Education 2020 Table of contents Table of contents 2 Executive summary 3 1. Introduction 4 2. The state of EdTech 4 2.1 What is EdTech? 4 2.2 The value of the EdTech market 5 2.3 EdTech in the private vs. public sector 7 2.4 How technology can support education 9 2.5 The main challenges for EdTech 9 3. Technology in the online education industry 18 3.1 Online education tools 18 3.2 Top use cases 18 4. Looking to the future of EdTech 19 About Netguru 20 2 Disruption Report: Online Education 2020 Executive summary Education technology, or EdTech, involves the use of technology to enhance teaching and learning. Although the education industry has historically been slow to adopt new technologies, the EdTech sector has seen rapid growth in recent years. Even before COVID-19 forced the closure of schools and accelerated the adoption of digital learning tools, spending in the education technology sector was predicted to reach $342 billion by 2025. ​ ​ ​ ​ ​ ​ EdTech has the potential to transform education. If deployed correctly, it has the power to drive a step-change in teaching methods, assessment processes, administration processes, and lifelong learning. For entrepreneurs to successfully develop EdTech solutions and education leaders to implement them effectively, it is important that both groups fully understand the market and users’ motivations and expectations. To help, we compiled this report based on recent research findings and our own experience. Our key findings include: ● The EdTech sector faces significant challenges in managing privacy and security issues, inequality of access, and quality concerns.
    [Show full text]
  • The-Polish-Tech-Scene.5Years.Pdf
    Startup Poland The Polish Tech Scene. 5 years. Warsaw 2019 © Copyright Startup Poland, Warsaw 2019 ISBN: 978-83-948788-7-0 THE POLISH Authors: Julia Krysztofiak-Szopa Monika Wisłowska TECH SCENE. Research methodology: 5 YEARS Agnieszka Skala Data science: Sotrender coordinated by: Jan Zając & Jakub Krawiec Proofreading: Aeddan Shaw DTP: wedesign.pl Publisher: Startup Poland, Al. Jerozolimskie 93, 02-001 Warsaw Free publication Available online at: www.startuppoland.org Report Partners: Data Science Partner: THE POLISH TECH SCENE. 5 YEARS Table of contents EXECUTIVE SUMMARY ....................................................... 6 STARTUP FOUNDERS ........................................................ 13 Top 10 conclusions from 2019 ................................................. 6 Startup density in Polish regions ....................................... 14 Legal forms of Polish startups ............................................. 15 INTRODUCTION ..................................................................... 8 Are founders opening up to registering 30 Years of a Free Market Economy: What makes companies abroad? .................................................................... 16 successful Polish startups successful? ............................. 8 Expert commentary: Agnieszka Skala .......................... 17 5 years of Startup Poland – Foreign founders and their revenues ............................. 18 achievements unlocked ........................................................... 10 Startups come with age ..........................................................
    [Show full text]
  • <Details> 21.11.17
    powered by figo <details> 21.11.17 - 23.11.17 in Berlin </details> <code> PSD2 and…? </code> recap Summary • Bankathon #5 showed no signs of fatigue - support, participation and popularity are stronger as ever. • 84 developers, 20 teams, 19 sponsors, supporters as well as media partners and about 300 guests at the final pitches. Some more insights • 20 out of 83 developers had bank or traditional consulting background. • 14 existing FinTech companies and startups sent developers. • The diverse lineup is proof of Bankathon’s unique capability of bringing diverse players together on a neutral platform. Get an impression Interviews and final pitches on YouTube (made by special supporter Association of German Banks) • Playlist interviews • Playlist final pitches Pictures on Facebook • Monday • Tuesday • Wednesday figo blog posts • figo: recap blog post • figo: all other Bankathon #5 related blog posts Media coverage A selection of articles written about Bankathon #5 • Association of German Banks • CashLink • digitalscouting.de • FinLeap • IT Finanzmagazin • Netguru • Paymentandbanking Podcast • Paymentandbanking FinTech Podcast #129 with Bankathon’s winner Chatsurance Who is behind Bankathon Berlin? Host • Bankathon #5 was hosted by FinLeap in their headquarters „H:32“ in Berlin. • Formerly the building were headquarters of the Berliner Bank. Bankathon #5 being held here is - besides the diverse lineup - a great symbol for the connection between traditional banking and FinTech. • And the most important fact: no Wi-Fi issues! � Better together I Better together II Media partners API sponsors • The API sponsors provided their technology and support to the teams at Bankathon: ‣ FastBill ‣ figo ‣ Franke & Bornberg ‣ MAMBU ‣ verimi ‣ Visa • Although teams could use any API they wanted to, every single one of the 20 participating teams chose at least one sponsored API, many of them even combined several to create their idea.
    [Show full text]