Lexicon

Accelerator

// noun

EN At its core, acceleration refers to an increase in speed or pace. This can be applied in a lot of shapes and sectors and each time it will have some nuance in meaning. In the digital realm, it often refers to the increase in sales, volume, staff, revenue, reach,... of a start-up business. It can also be used in combination with a subject. For example: Bagaar is an Industry 4.0 accelerator for its clients, which means we guide our clients via the fast lane towards smart industry, connected objects and the application of IoT in their organisation. It's not a classic way of adopting change in an organisation; its speed is often what makes it disruptive. One way of corporate venturing is funding or housing an accelerator, which means that, after a start-up leaves the foetus-stage, it moves to a program to push it towards adolescence while being shielded from the inertia of the company. This program is called; the accelerator.


NL Acceleratie verwijst in essentie naar een verhoging in snelheid of tempo. Het wordt toegepast in diverse vormen en op verschillende sectoren, met telkens een zekere betekenisnuance. In de digitale wereld verwijst acceleratie vaak naar verhoging in onder meer de sales, het volume, personeel en bereik van een startup. Acceleratie kan ook in combinatie met een subject werken. Zo is Bagaar bijvoorbeeld een ‘Industrie 4.0 accelerator’ voor onze klanten, wat betekent dat we onze klanten via de snelste rijstrook gidsen naar een slimme industrie, connected objects en naar implementatie van IoT in hun organisatie. Dat is niet zozeer de klassieke manier waarop wijzigingen meestal worden ingewerkt in een organisatie. Het is de snelheid ervan die voor disruptie zorgt. Een accelerator is een populaire vorm van corporate venturing. Eens een startup de couveuse of incubator ontgroeit, kan het zich aan de hand van bepaalde programma’s sneller tot adolescentie pushen, met een speelveld dat afgeschermd is van de logheid die vaak eigen is aan grote bedrijven. Dat programma, die push naar maturiteit is wat we de accelerator noemen.

What's with this lexicon?

Digital transformation, Artificial intelligence, Robots takings our jobs, ... my GOD what a scary time we live in! Right? No, not really. We live in a very exciting time of endless possibilities, of genius new answers to questions we haven’t even been able to formulate... Some people just want to make good money by starting a fire and then being hired to put it out. We don’t like that at Bagaar. No apocalyptic vibes for us, we’re too zen for that.

The intelligence game will be won by those who know how to ask & answer questions critically.

Technology is evolving at a crazy pace, absolutely, and sometimes it might be a bit mindblowing, but don’t worry, humans are still the writers of this story, we decide how it goes. At Bagaar we help our clients every day to gear up for any technological challenge they may be up to, we have a very big toolbox of digital answers to their problems and are very happy to help them in writing their own story. This time we wanted to do something not only for our clients but for everyone, our moms, the guy at the busstop, politicians, journalists, whoever may be helped with a little free knowledge.

Core message here: Trojan: Nice for the greeks, not for you.

So, we wrote this lexicon in the assumption that if people would have more information, and a bit of guidance, they wouldn’t have to feel so helpless when hearing about Digital transformation, MVP’s, Frontend, AWS, Trojans, UX, UI, ... (Que?) We assembled all the buzzwords we use on a daily basis and tried to give a down to earth, simple explanation for each of them. Take it with you, read through it when you’re waiting on a train or getting your nails done and next time somebody starts a fire, you just blow it out yourself (or if it’s too big call Bagaar).

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