"As IBM's global head of venture capital, Fontaine leads IBM Ventures, which partners with companies working on everything from quantum computing to artificial intelligence to cybersecurity. She said she wants to connect with 800 startups worldwidethis year. "We've got a really good formula for that," Fontaine said on how she decides whether to invest. "Our mission is super clear: accelerate enterprise innovation with emerging technologies that are delivering real business value.""
"Fontaine said she evaluates investments based on "five key pillars." Strategic fit As the head of a corporate ventures arm, Fontaine said it's important to back startups that align with IBM's broader goals. "We want to back companies with a differentiated vision that's aligned to major trends and IBM's long-term strategy," she told Business Insider. While once known as a hardware giant, IBM has recently started focusing on AI and hybrid cloud. Fontaine oversees the company's $500 million Enterprise AI fund."
IBM Ventures targets startups across quantum computing, artificial intelligence, and cybersecurity and aims to connect with 800 startups worldwide this year. Investment decisions follow five key pillars focused on accelerating enterprise innovation with emerging technologies that deliver business value. Pillars include strategic fit with IBM's long-term strategy and alignment to major trends, evaluation of technology and product breakthrough quality, analysis of market opportunity including total addressable market and favorable tailwinds, assessment of competitive white space, and appraisal of the founding team's strength. IBM recently emphasized AI and hybrid cloud and manages a $500 million Enterprise AI fund.
Read at Business Insider
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