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Big enterprises are bulky and bureaucratic while the startups are agile. Also, one thing is evident that startups like Tesla grew up and disrupted industries which were initially dominated by a few leading firms. Enterprise business doesn’t have the flexibility to change as the startups do.
• Too big to change?
A bureaucracy of their own makes big organizations slow. This is because they spend a lot to pursue their business goal. Changing course will mean a million-dollar decision in another direction and leaders cannot decide in a split-second. Innovations mean that the large enterprises have to integrate new products with legacy systems which include the tightly connected technology to support all of them. Pivoting costs both money and time and big enterprises demand exponentially higher investments as compared to a startup.
• Advanced Approach
Many firms are adopting zero code or codeless integration strategies. This shifts the innovation focus within an organization, moving it from back-end technology teams to front-of-house operations and business teams. Gartner has also coined a term for this trend- citizen integration. It refers to citizen integrators who leverage self-service transactions to innovate without relying on technology teams to do it.
• Saving Millions
Codeless integration effectively allows an enterprise to overcome the restrictions of its mammoth size and embrace disruption to stay ahead in the competitive environment. Business Operations don’t have to wait for IT which frees up teams and help them to concentrate on highly productive and strategic tasks. With all this, customers and partners enjoy a superior service-delivery experience.
• High stakes, higher costs
Many large organizations still prefer the traditional IT route for high-stakes projects and innovations. But startups have begun disrupting every sphere of the economy. Big firms have to understand that money and resources can take them far, but agility and execution are paramount in this game. Any strategy that helps businesses cut time and costs could make a difference.
