Many industries are very fast paced, requiring constant improvements and innovative thinking. Without the continuous improvement mindset, it’s not uncommon for companies in this type of environment to lose their competitive edge within a very short period of time. Innovation then becomes the only way for the small business to survive, much less prosper and grow. Here are two industry examples that have small business innovation as their cornerstone.
Training and Simulation - Military and Law Enforcement
This industry relies very heavily on business from the military and, to a much lesser degree, law enforcement. The training and simulation industry mostly comprises small innovative companies that work together in the Central Florida corridor to create real-life virtual reality training simulations for all branches of the military. In fact, many of the military branches have their contracting headquarters for this type of equipment also in the Central Florida area, and not in Washington, DC. The reason is simple and out of necessity: Contracting officers need to be close to the source of the simulation products to continually evaluate and test what technologies are available and successfully working.
The immersive nature of the virtual reality simulation technology relies on constant innovation and the testing of new products and software. The goal is to get the training simulation as close to the real military event as possible to teach the student how to handle a variety of real-life situations in a practice environment. The better prepared the students are due to the practice simulations, the greater the chance of success in the field.
Data Centers – Cloud Technologies
Many of your new data centers' technologies that are constantly evolving come from the thousands of small entrepreneurial companies around the country, many of them start-ups. From software to hardware, innovation moves this industry very rapidly. On almost a daily basis, different companies play different roles in promoting innovation, with many small businesses relying on each other's innovative technologies and constant enhancements for their own success.
The explosion of information and the need for real-time data has driven small business entrepreneurs to constantly push the envelope to determine the latest technological innovation. Speed, security, reliability and scalability all are key drivers of data centers and cloud technologies.