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Scott Stevens of Grays Peak Capital LP Analyzes the Current Landscape of Tech Startups

In 2019, the tech landscape will continue adjusting to market and regulatory changes, says Scott Stevens, partner at Grays Peak Capital LP. Following suit, tech startups will also continue pursuing opportunities that help them achieve rapid go-to-market strategies at a lower cost. However, unlike in the past, where tech startups created entire ecosystems, in 2019, expect to see more partnerships that interconnect multiple ecosystems. Cloud, AI, and blockchain will be major driving technologies in this regard. Enterprises, too, will continue to look for strategic alliances with tech startups as they shore up their competitive advantages. Here, Grays Peak Capital LP and Scott Stevens identify three specific areas tech startups will focus on in 2019.

Growth Opportunities

Typically, tech startups go after opportunities that have the highest potential for growth. In 2019, expect cloud computing, AI, and blockchain to fall under this category. What will fuel these three areas is the increasing need enterprises have to embrace and integrate leading-edge technologies to stave off competition. While in the past they went after new technologies as a cost-cutting measure, increasingly, enterprises are looking to such technologies to leap-frog the competition. In 2019, Grays Peak Capital LP says to expect tech startups to take advantage of this trend by focusing on pursuing opportunities in cloud computing, AI, and blockchain.

Read more:
https://medium.com/@grayspeakcapital/scott-stevens-of-grays-peak-capital-lp-analyzes-the-current-landscape-of-tech-startups-5d160d0bf5c4

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Reasons to Invest in Tech According to Scott Stevens of Grays Peak Capital LP

It is no secret that technological advancements have drastically changed the way we live our lives. In addition, it should be no surprise that technology has also affected and disrupted several industries. Technology has allowed for the seamless flow of information, expedited processes resulting in higher efficiency, driving more revenue to your business, and much more.

According to Scott Stevens of Grays Peak Capital LP, investing in technology is essential for businesses to thrive and remain relevant in their industry. Without an investment in technology businesses run the risk of becoming irrelevant and ultimately failing. Scott Stevens states that in addition to the above benefits of technology, there are many reasons why a business needs to invest in technology, regardless of the size of your budget. He graciously took the time to outline his five best reasons for investing in technology to grow your business.

Read more:
https://www.econotimes.com/Reasons-to-Invest-in-Tech-According-to-Scott-Stevens-of-Grays-Peak-Capital-LP-1555017