cloudyBoss : The Start-up Accelerator/Incubator bust is coming

Company Name: cloudyBoss

Announcement Date: 08/12/2018
Announcement Category: Product launch/update
Announcement Content:

As start-ups continue to fail it is time to examine where things are going wrong with conventional accelerators and incubators as it seems they are doing nothing to reverse the trend.

Most programs simply provide a working space – something that is irrelevant to decentralised start-ups whose team members are spread across the globe – and/or they offer generalised and somewhat ill-timed mentoring, long before advice on marketing or business development is relevant.

Some offer cash in exchange for a chunk of equity. Yet these funds are almost always insufficient for actually taking the company forward.

What is missing from most start-ups is the MVP (Minimum Viable Product) and an ability to create one. Enter the next generation accelerator – STARTospheric™.

More closely resembling a Start-up Foundry or Company Builder, Startospheric offers continued business process development as well as product development through to MVP stage. Additionally, it provides both timely and pertinent one-on-one advice delivered by highly experienced founders.

This next generation accelerator was founded by the multi-award award-winning Australian technology company, cloudyBoss.

Startospheric is an ideal platform upon which many viable businesses can be built. It utilises the cloudyBoss key product, NEXT+™, the first in a new category of business management and development platforms termed an EDLT, a completely new type of enterprise solution developed to reduce costs, increase efficiency and generate added value by transforming business models.

NEXT+ has the power to fuel any start-up as not only does it provide a full set of scalable corporate-class tools, it is natively packed with over 300 SaaS business functions, as well as AI, IoT and ML.

Additionally, NEXT+ includes unique processes and technological advancements such as the fourth generation private blockchain protocol, SKYE™, making it a perfect platform upon which many new blockchain-enabled technologies can be developed.

These are the facilities provided to Startospheric clients, some at a subsidy of up to 100%, alongside other high-value services designed to propel start-ups to stardom.

Startups like BrightMan Global Lawyers Network, which assists legal professionals to manage and grow their client network, have welcomed their acceptance into the Startospheric program.

“With the help of Startospheric we will be able to transition from concept to MVP in a very short space of time,” stated CEO, Yun Sil Chu. This is invaluable and allows us to focus on a faster scaling up of our global go-to-market plan.”

“Built on the cloudyBoss NEXT+ platform, the BrightMan software will be fast, secure, fully configurable and scalable with levels of sophistication that far exceed that of our competition.

“Startospheric is a unique accelerator program that offers invaluable technical development, as well as mentoring from highly experienced business leaders. The cloudyBoss team has been incredibly supportive in giving advice, insight and detailed guidance for the overall growth and success of the BrightMan business.

cloudyBoss CEO, Lou Schillaci commented: “As an EDLT, NEXT+ has pioneered an entirely new category in the market and is quickly becoming a leading force with its protocol-neutral, codeless platform.

“It is ideal for start-ups who need to get to MVP stage as quickly are possible and for those we accept into the Startospheric program, NEXT+ is risk-mitigating and provides future-proof stability for start-ups as well as reassurance for those who may have interest from investors.”

Startospheric is at the advanced implementation stage with several start-up innovators including those in the mobility, reg-tech, agri-tech and health sectors.

2019 entries for the Startospheric program are now being considered.

CEO Schillaci concluded: “We look forward to engaging with innovative start-ups the world over, and to extending to them the full scale-up potential offered by our Startospheric accelerator program to take them to market.”

Award-winning cloudyBoss is a developer of affordable enterprise software that manages business operations and processes for 21st-century entities of all sizes. Its NEXT+ EDLT provides new tools for businesses to deal with disruption, automation, security, productivity gaps and create new revenue models.

SKYE, NEXT+ and Startospheric are trademarks of cloudyBoss Pty Ltd.


cloudyBoss is a privately owned, globally distributed technology organisation backed by IBM through its Global Entrepreneurs Program. cloudyBoss’ technology challenges the way we work and frees organisations from old world constraints: it does this by equipping all manner of businesses with tools that allow them to thrive in the new global order.

cloudyBoss baseline product, NEXT+, a cloud-based Enterprise Distributed Ledger Technology Platform (EDLT) encapsulates Artificial Intelligence, Blockchain, Machine Learning, Internet of Things, and scale-neutral data nodes. Built and continuously evolving using agile software methodology, cloudyBoss products solve today's complex business challenges of disruption, automation, security and productivity gaps by equipping even the smallest business with the tools to compete globally.

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About cloudyBoss:

cloudyBoss is an award-winning developer of enterprise software that manages business operations and processes for 21st-century entities of all sizes. Apart from software, cloudyBoss’ innovations also extend to business transformation programs and internal business processes such as the APEASE which encapsulates the ‘royalty-based’ relationship between cloudyBoss and parties to which it is connected.

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Announcement Contact: [email protected]