How Can a Tech Intrapreneur
SMEs are rapidly adopting technologies to keep up with their competitors. From automation to cloud technology, emerging technologies are helping them transform and stay relevant. However, not all technologies are created equal. It is important to understand how to leverage the right emerging technology for your business.
Tech entrepreneurs are building businesses powered by technology and innovation that aim to solve real customer problems. This is not limited to the big companies we’ve come to love like Facebook and Google but could also be a web development firm, SaaS app or even an ecommerce business. These new kinds of entrepreneurs are a force to be reckoned with and are not only creating jobs but driving global economic growth as well.
It takes a special kind of person to be a successful tech intrapreneur, especially in today’s high-margin, fast-growth industries. The most successful tech entrepreneurs often have a mix of innate technical abundance, a good team and solid management. They build great things that work, are willing to take risks, and are able to sustain the momentum of their idea snowball. Some of the most famous examples include Nikola Tesla, Thomas Edison, Madam Curie and Alan Turing.
How Can a Tech Intrapreneur Leverage Emerging Technologies to Drive Innovation?
A tech entrepreneur can be anyone but they need to be someone who can create a new type of solution that is disruptive and scalable. This requires a combination of technical knowledge, a keen vision, grit, innovation, humility and passion for success. This is a career path that has a very high failure rate but for those who succeed it can be extremely rewarding.
One way for a tech intrapreneur to drive innovation is by developing products and services that leverage emerging technologies such as artificial intelligence, machine learning, blockchain and more. These are the kinds of products that have the potential to transform entire markets and change the way we live our lives.
Another way to leverage emerging technology is by incorporating it into your existing products or services. For example, a company can use AI to automate their internal processes such as data entry or reporting, freeing up employees’ time so they can focus on more creative activities. This is a great way for a company to save money and improve the productivity of its workforce.
Many tech entrepreneurs are making a social impact as well by using technology to drive economic development, enhance public services, or increase employment security. For example, the cofounder of photo-sharing website Flickr, Caterina Fake, used her tech know-how to help people find better ways to share their lives online. She has since gone on to build a number of other internet companies such as Zillow and Glassdoor.
Technology is also playing a key role in enabling social enterprises to reach more beneficiaries in remote communities. This is through tech-enabled solutions such as mobile communications platforms such as M-Pesa and Tala that facilitate microfinance; applications such as HumusJob that connects employers with skilled laborers in remote areas; and drones that deliver medicine to isolated populations.