Progress Labs is a technology incubator that takes a scientific approach to innovation to bring groundbreaking ideas to life. Our mission is to invent boldly in our quest to provide the best platform to build and deliver the next generation of business applications.
Focus on key learnings, not success or failure.
Optimize for adaptability, not scale.
Optimize the scientific method loop length.
The only thing that matters.
Nativechat is an artificial intelligence-driven platform for creating and deploying customer self-service chatbots. It was incubated in and graduated from Progress Labs.
Intelligent protection and control
Tools, frameworks, processes
Fog and edge computing
Combining physical and virtual worlds
Digital transformation in every industry
Optimize business workflows and increase productivity
Bots, speech and language processing
Consensus-based trust and security
Machine learning and inference
Mobile, wearable, and personalized
Designed for the cloud and mobility
The scientific method shares many principles with lean and agile practices in business and software development. It may also sound familiar to entrepreneurs and growth hackers, people who bootstrap startups around ideas and hypotheses describing their customers’ behavior. We draw on this body of knowledge as well as experiences at other successful technology incubators to design the Progress Labs innovation process.
Every year a new cohort of extraordinary teams join the Labs while others graduate the program. Teams generally spend a few months to a maximum of two years testing their ideas by implementing a sequence of experiments carefully designed to prove their economic and customer value.
There are five major milestones to serve as an aspirational guideline.
Identify a problem and validate it against a target market segment
Define minimally viable product (MVP) and launch a private beta
Achieve problem-solution fit by launching a public beta with a paying customer
Launch MVP with 10 paying customers
Achieve product-market fit by getting 100+ paying customers
If you have a business challenge that you hope to address with emerging technology, innovation and imagination, please reach out to us. We're eager to learn about what you're up to and explore potential solutions in a one-on-one discussion with you.
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