Winning a Tech Trailblazers “Cloud innovation” award is a strong indicator of future business success, analysis shows
Cloud Expo Europe, London, UK – 12th March 2020 – Winning an innovation award is no guarantee of subsequent business success for early-stage, technology startups, and especially in the broad, yet still crowded ‘cloud’ category. But, analysis shows, no fewer than seven former winners or runners-up in the Cloud category of the Tech Trailblazer Awards have already been acquired since the awards began in 2012.
By another measure of success – investment – Tech Trailblazer cloud category winners and runners-up are also succeeding, having raised over US$882m between them. Two runners-up in the most recent awards [2019] have raised a further US$57m since entering.