Corporate Start-up Ecosystem Offers Unique Solutions for Giant Techs
The BizzBuzz website noted that Start-ups have changed the way companies think and operate. And now, even large enterprises rely on them to come up with unique solutions. One such example is Indian IT giant, HCL Technologies. The company has evolved with the emergence of the start-up ecosystem, says Achyut Chandra, Manager and Lead at HCL’s Open Innovation vertical. “Eight years ago we realized that innovation can be brought out by external forces as well,” he said. This epiphany, he said, later led to the launch of HCL’s open-innovation program called eSTIP. eSTIP has so far partnered with over 1,000 start-ups, eight venture capitalists, and others.