Looking for Up and Coming IT Tools and Technologies – Smart Money is on Enterprise Technology Startups

Seasoned VCs and entrepreneurs agree that IT startups looking for funding should have an offering that makes the CIO's life easier -- and it had better not involve lots of capital investments on software installations and supporting infrastructure. Instead, backers are looking for software-as-a-service, cloud-based and mobile innovations that improve the IT cost proposition.  

"There are too many inefficiencies that exist in large enterprise software, such as platforms that have to be upgraded, and that translates into a lot of money for IT," says Will Indest, vice president of venture development at TechColumbus in Ohio. Indest says that many companies just don't have the budget for large software and hardware buildouts -- especially when there are options like SaaS and cloud storage.  

A recent ComputerWorld article offers a sneak peek at five such promising IT tools and technologies.  For the story, click here.