Why Should Your Company Hold A Hackathon?

Are you unaware of the potential benefits of a hackathon and are worried that it will be a waste? If so, then rest assured we are here to ease your worries. We understand that you are on the fence about holding a hackathon. You must be asking yourself, is it worth my time, or am I draining my resources?

This air of uncertainty can be detrimental to moving forward. Moreover, your stakeholders will get dissatisfied with your performance and demand new ideas. Lucky for you, we are here to ease the situation. This article covers the potential ways your company can benefit from a hackathon.

In addition, we also give you some tips to hold a successful hackathon. So keep reading.

Benefits of Hackathon

Here we list the benefits of conducting a hackathon.

1. Innovation

A hackathon provides a platform for people from different backgrounds to interact with each other.  This gathering of minds promotes a productive environment and pushes everyone to do their best. As a result, you have a diversity of people working towards one solution. In addition, they bring different perspectives and ideas to the table.

2. Recruitment Drive

It would be best if you found passionate and motivated people to employ for your company. Hackathons are great ways to scout recruits. Through hackathons, you can get a good sense of people's capabilities and commitment. So, you'll be saved from the trouble of going through endless CVs and job interviews.

3. Networking

Through a hackathon registration form and an effective outreach campaign, you will have people from all over the world at your disposal. This way, hackathons can be perfect avenues for building connections and networking. Thus, these contacts can prove helpful in the future. Moreover, you have an opportunity to engage with the developer community.

4. Image Improvement

By conducting hackathons, you are improving your brand image. It sends a message that you care about developers and new talent in the market. Moreover, it shows that you are welcoming to new ideas. What's more, is that hackathons are great ways to get your company name out there.

Tips For A Successful Hackathon

Below we list down some tips on how to hold a successful hackathon.

1. Create a compelling and easy-to-fill hackathon registration form and advertise it efficiently.
2. Create a plan ahead of time and have well-defined objectives.
3. Make sure to communicate everything to participants clearly and concisely.
4. Don't overburden your teams with workload; instead, set milestones.
5. Always set aside time for introductions and socializing.

If conducting a hackathon seems overwhelming, you can always hire agencies that help hosting hackathons. These agencies plan everything to the dot and leave no room for error.

Conclusion

To sum it up, hackathons take your company to the next level. They provide you with various growth and investment opportunities. Moreover, you can branch out in your respective field with fresh product ideas and satisfy stakeholders. To make matters better, you can hire agencies that help hosting hackathons. This way, you will not have to deal with the workload of planning. So, without further wait, start planning your next hackathon today!