Is Berlin becoming a new Europe’s Silicon Valley for tech startups? :)

Everything indicates that we are witnessing a revolution on the startup market in Europe. The dynamically growing market in Berlin is becoming a leader among tech startups. Until now, this title was awarded to London, but currently the capital of Germany is increasingly recognised as the new Europe’s Silicon Valley.

Brexit effects

When the British decided to leave the European Union, the attractiveness of the startup market in London began to lose value. Of course, this is still a place where you can find many innovative companies, but my recent experience confirms that Berlin is considered to be a European leader now. I want to emphasise that this is not an isolated opinion. Having been observing the startup market for over 10 years, I’ve managed to keep in touch with entrepreneurs of various directions and I’ve received clear signals that Berlin is currently the best place in Europe for the development of tech startups.

Comfortable development conditions

There are three main reasons, why Berlin strikes as a very attractive market. It is about the relatively low costs associated with running a business in this city, access to qualified specialists and contacts with other European Union countries. It all adds up to a very attractive ecosystem that favours the development of tech startups.

Being completely honest, I must say that I am impressed by the work standards that prevail among startups in Berlin. Recently, I’ve been quite often in this city, when together with the developers of Codest, we were working on creating software for few of our clients. I was delighted with the quality of work, efficiency in communication and their professionalism.

Returning to the ecosystem for the development of startups in Berlin, I would like to draw your attention to another important fact. I mean the low barrier to start a business. You might be surprised, but takes less than 7 days to launch a startup. In addition, there are many incentives available for entrepreneurs who can benefit, for example, from the support of numerous incubators or accelerators. A big plus is even low prices for an office space rent. It all adds to the progress of this market.

New Europe’s Silicon Valley

Considering what has been mentioned above, I am convinced that Berlin is currently the most attractive market for tech startups. This is a new Europe’s Silicon Valley. Of course, it is difficult to compete with the American one, but Berlin is a great example of how you can develop the tech company in Europe. The best confirmation of this is the fact that currently there are over 2,500 startups in the German capital. Quite an impressive result.

Top 10 German tech events in Q1 2019 :)

Have you ever heard the statement that Berlin is considered to be a new European Silicon Valley? German market with its capital at the forefront is developing very dynamically. It is an attractive place to operate companies and corporations as well as to invest into.

In Germany you can find a lot of interesting tech events that will let you stay up to date with all the latest news in the industry. A few of them promise to be really interesting. Below is a list of the most important events in 2019 (only Q1).

#1 WeAreDevelopers World Congress 2019 – Berlin, January 6-7

IT leaders and specialists from around the world take part in it. The topics discussed include languages and frameworks, distributed systems, fronted and UX engineering, blockchain and issues related to IT project management.

#2 Sillicon Allee Events – Berlin, January 8, February 5, March 5

In the first quarter there are three meetups, organized periodically each month. The community connected with the tech startups in Berlin is taking part, which means that experience exchange, sharing knowledge and gaining valuable contacts are guaranteed.

#3 Handelsblatt Annual Conference Strategic IT Management – Munich, January 21-23

Digital transformation is the main topic of the conference. It’s a good place to acquire new knowledge in IT Management. The event is organized by EUROFORUM.

#4 LZ Open – Berlin, January 23-24

Like the conference in Munich, LZ Open in Berlin is all about digital transformation. In addition, you can gain useful knowledge of current technological trends and learn about effective business models that have revolutionized the market.

#5 Lean Startup Summit – Berlin, February 11-12

This event gathers experts, founders and intrapreneurs and C-level leaders in one place to exchange the latest innovation and transformation methods, share best practices and learn from each other in interactive formats like keynotes, workshops, roundtable discussions and mentoring sessions.

#6 International Conference on Science, Engineering&Technology – Munich, February 3-4

The purpose of this conference is to help exchange information and knowledge between various social groups, such as entrepreneurs, engineers, university lecturers and students. The most current technological trends are the high priority of the conference.

#7 Disruptive Technologies & Innovation Minds – Berlin, February 24-26

Here you will meet over 200 managers responsible in their companies for Research and Development (R&D). You will have an opportunity to take part in a discussion about technological innovations and challenges related to the IT industry.

#8 JavaScript Days – Munich, March 18-21

The event is conducted by experts in the field of JavaScript and HTML5. They will provide their views on how to plan JavaScript and HTML5 applications in the most optimal way and present the strengths and weaknesses of both technologies.

#9 IT&Information Management – Berlin, March 25-26

Strategies and processes, business realities in digital ecosystems, business models of the future, digital realignment and roadmaps – these are just a few examples of the topics that will be discussed during the conference in Berlin. You will have a unique opportunity to meet experienced managers related to the IT market.

#10 Mobile tech Conference – Munich,  March 26-27

This event is addressed to the leaders in mobile technology industry from German-speaking countries. It focuses on topics related to the development of iOS and Android, mobile web and UX experience.

Top Principles For Building Great Software Product :)

No company is able to succeed, if its product is not of a right value for the potential consumers. Creating an effective product based on proper software, consistent with customer preferences, is the key to your business development.

However, this is not as easy as it may sound. Many startups in the past either collapsed or had big problems getting their target group’s interest. All this happened due to the imperfections of the product. We decided to prepare a list of the most important rules to keep in mind when you are going to create a great software product.

Use the data of your target group

Even if you are convinced that you have created a great product that will not have any problems with the sale, you should check it out. On the basis of our ten – year experience at Codest, we have noticed that customers sometimes take hasty hypotheses, which later result in failures and the need to introduce a lot of modifications. That is why a proper analysis is so important. Use the available data – for example about the behavior and preferences of the target group, and then analyze them for your users.

At first – MVP

The creation of Minimum Value Products (MVP) is a very popular solution. It is not advisable to commission developers at the very beginning of the works aimed at creating very extensive functionalities. First of all, due to the fact that not all ideas can be verified by customers positively. That’s why the idea of MVP works really well. In addition, you should add that, thanks to MVP, you will gain time efficiency and will be able to check what your clients like and what not. If you are thinking about creating a web application, read the Ruby on Rails framework analysis and check which brands have decided to use it.

Choose an effective team of developers

You should entrust the creation of an effective product to professionals. You need to know that, depending on the character of work, it can be a very time-consuming process, which is why your decision should be carefully thought through. Why is it so important? First of all because you will minimize the risk of delays and possible errors. In addition, the competent experienced team of developers will also help you in choosing the right technology.

Remember, that not only the inside of the product counts, but also its overall appearance. In this case, the role of UX designer will be helpful, as this is a person who is perfectly familiar with current market trends and knows how to create user-friendly interfaces.

Testing

Do not give up, if the initial product functionality is not as effective as you expected. In the first phase of its development, you should run as many tests as possible to help you determine weaknesses and strengths. Thanks to A/B tests, you can gain knowledge of the solutions you should abandon in the future. If it maintains constant cooperation with a team  of developers, you will be able to implement subsequent changes very quickly. This will help you match the product to the market needs as fast as possible.

WHERE SHOULD YOU OPEN YOUR NEXT STARTUP? :)

Whilst the Silicon Valley is considered to be the world’s capital of startup, the entrepreneurship of innovative organizations is also rapidly developing in other regions of the world, such as Scandinavia and Europe. The number of startups priced at over one milliard USD is constantly growing there year by year.
 Hand with a compass

Scandinavia

Spotify, one of the largest and most developmental startups in the world, has been founded in Sweden. Its capital is estimated at over USD 250 million and millions of people use this music service. The success of Spotify only confirms the huge potential of this region in the world. Also startups such as Minecraft and Candy Crush Saga were created in this country.

Another good example is Norway, that is considered to be one of the largest startup markets. A popular Opera web browser has been created there. Without a doubt, Scandinavia is distinguished by good conditions for both functioning and development of innovative businesses. It’s quite interesting that many local startups decide to outsource their IT processes to Poland. For Scandinavian startups, this looks like a convenient solution that is related to cost efficiency and high quality of services provided by polish software houses.

Europe

The startup market is also thriving in Europe. Great Britain, Germany, France and Spain are among the European leaders. According to experts, more and more investors want to invest their financial resources in European startups and consequently – stimulate their development. This occurs mainly due to the fact that there is a greater availability of workforce in Europe, and above all – qualified programmers. The same as in Scandinavia, it is getting more trendy to outsource the IT processes to Poland.

Other locations

We can also include those in the Middle East and Asia as effectively developing markets. For example, in the capital of Israel, Tel Aviv, they already have over a thousand startups, and such global companies as Facebook or Google have their centers there. Many events are hold there to that stimulate the development of startups and attract potential investors. The startups’ successes are certainly appreciated by polish developers who, thanks to a prominent reputation, can count on establishing further cooperation.