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Competing Billion-Dollar Tech Companies Are Joining Forces. Here's Why. | MIT Technology Review

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Open Power is a great framework for Open Innovation support. Although IBM is driving this particular initiative, Amazon, Google and Microsoft are venturing along  the same path.


Craig Stark's insight:
The real benefit to startups is to ultimately reduce development time and risk associated with "design build" thrash cycles.

The efforts can focus on co- innovation where new value is created and business models are quick to validate.

The other friction points startups face such as pitching for early stage funding can also be reduced using collaboration.

Strategic partnerships can be then used as go to market where the usual grind is long linear customer development cycles.


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