The CMS Business Incubation initiative aims to provide a conducive and scalable environment in which emerging companies and entrepreneurs can develop and achieve sustainable growth.
Since Inception, CMS has encouraged a culture of innovation internally which helped create several businesses ahead of the curve. The emphasis has always been to support solutions which simplify lives taking advantage of Information technology.
It is our strong belief that information technology can play a transformational role in improving the quality of life of citizens across the world. Quality of life can be improved by raising the economic competitiveness, creating avenues for sustainable incomes down to the villages and having solutions addressing issues affecting citizens daily. Effective harnessing of knowledge, technology and entrepreneurship can accelerate this process of evolution.
CMS Business Incubation Initiative
Leveraging Technology innovations creates competitive advantage across several areas including operations, client experience and revenue models for corporations. The powerful confluence of Social Technologies, Mobility, Analytics and Cloud with information at the centre are opportunistically aligned to facilitate this vision.
The CMS Business Incubation initiative is dedicated to providing a conducive and scalable environment in which emerging companies and entrepreneurs can develop and achieve sustainable growth. The emphasis is on promoting entrepreneurs who have passion to work with technologies which help simplify lives and leverage Social, Mobile, Content and Analytics elements. CMS’s Incubation model creates cutting edge technology companies solving real world problems becoming in the process profitable businesses creating employment and economic growth.
The combination of Internet of Things, technologies like Mobility & Analytics are narrowing the gap between the real world and IT world. Successful companies are leveraging this change. CMS has been at the forefront of leveraging Internet of Things to solve real world issues. Be it traffic controllers, energy meters, workforce management, Collaboration solutions or delivering government services to citizens, CMS has delivered answers to real world issues challenging mankind.
Our Real world experience and mentoring creates a synergistic environment where entrepreneurs can learn, create working partnerships that opens doors to fresh markets. Incubation fast-tracks the growth of early stage businesses, improving the survival rate of start-up companies and entrepreneur initiatives by helping them be viable.
We follow a very simple process in our Incubation program. Are you playing in cutting edge technology domains? Do you have solutions which can transform the way people work, live and play? Does your solution have the potential to scale up? Do you see untapped market opportunity that are potentially large? If you answered yes to any of these questions, we can have a discussion and fast track the process.
The process begins with a careful evaluation of the companies or entrepreneurs and their industries. The Incubation initiative looks for clients with potentially scalable business models in dynamic, high-growth industries. We are specifically attracted to companies in the SMAC area as well as growing markets like Security, Content Management, Systems management, Internet of Things etc. A careful screening prepares companies for the challenges of sustenance, scale and success. We invest in management and not just in an idea, thereby clearly differentiating from the classical incubation models in the market. While we have a fairly systemized documented process, the incubation initiative allows for flexibility.
The formal incubation process takes place through a series of strategic working sessions which helps in fleshing out the market, opportunities, challenges, financing requirement, technology selection and manpower planning. This helps build the nucleus of a business plan including revenue, markets, resource requirements, headcount growth and key growth engines and inhibitors.
Our experience across industry domains as well as technical expertise helps participants create a business model, develop prototypes, carry out demos, trials, develop a financial plan and finally build a clear roadmap into the market. At the heart of our engagement is the mentoring process done by technology professionals, sales/marketing practitioners as well as finance professionals. The mentor can help identify the opportunities and challenges to the business, effectively providing guidance to achieving goals. The engagement is continuous and very often on demand, complementing the infrastructure facility support that is available on tap.
This provides entrepreneurs and early stage companies with the opportunity to focus on their business including product development, business development, sales and client relationship management leaving the operational challenges to CMS. The CMS promise to early stage cutting edge technology companies is our unflinching support in setting up a sustainable and successful business, which could still use some financial support and coaching. We will help you strive and thrive. Come talk to us.