In this special feature by Thomas Thurston of Growth Science International, we look at how HPC could be used by venture capitalists to pick winners more consistently. HPC and Wall Street have a happy marriage. It’s a love-fest – making perfect sense since banks have big enough wallets for HPC and are always looking for […]
In this special feature, Thomas Thurston of Growth Science International looks at an innovative way for HPC vendors to access the capital they need to grow.
Raising money can be tough for HPC firms, especially lately. Capital scarcity not only impacts startups and mid-sized companies, but also the larger firms that depend on them as vendors, customers or ecosystem partners. Accessing capital can be extra challenging for HPC firms with peak revenue a few times a year, followed by long lulls in between (such as around government procurement cycles or large installations).
With this in mind HPC managers and CEOs should be aware of revenue-based finance as an option for short- or long-term capital needs.
Whether you’re a startup or an industry giant, one day you may catch the HPC bug. You may ask yourself “why not start an HPC business?” After all you’re visionary, a risk-taker, smarter than the average bear. Besides, success at the apex of technology – worthwhile in its own right – can also translate into […]
An Exclusive Feature Report by Thomas Thurston, Growth Science International
Why doesn’t the HPC industry grow more? While HPC has certainly had its booms and busts, hardly a conference, panel or roundtable goes by without the issue of frustrated industry growth rolling down the aisle. Some estimates put the industry’s growth at a paltry 5% annual average between 1999 – 2009. While there’s no shortage of speculation as to the cause, perhaps it’s auspicious timing that Harvard Professor Clayton Christensen has been slated to deliver the keynote address at SC10 in New Orleans next month. He is, after all, the Yoda of disruptive innovation.
It turns out, not all innovation is created equal. In Christensen parlance, innovation is either “sustaining” or “disruptive,” with differing growth consequences to be expected in each case. The challenge for HPC is that, by its very nature, the industry tends to disproportionately favor sustaining innovation rather than disruptive. This, in turn, systemically holds back the full growth potential of HPC.