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IoT Innovation: Accelerating Rapidly and Exponentially

Co-Innovation. Hyper-Collaboration. Sharing Economy.

Whatever you call it, it’s clear to me that the global community of innovators around the Internet of Things (IoT) keeps accelerating — rapidly and exponentially. I have personally experienced this disruptive growth in just the past three months, especially in how co-innovators are focusing more and more on solutions for the public and private sectors.

I wrote here three months ago that I anticipated greater participation in Cisco’s 2nd annual Innovation Grand Challenge, which we launched on June 22nd. I was expecting solid, steady growth of entries in key industry markets, such as Manufacturing, Smart Cities and Energy/Utilities.

But we were completely overwhelmed by the response!

Alex Internet of ThingsBy the time entries were closed two weeks ago (Sept. 7), we had received more than 3,000 entries in more than 100 countries from startups, incubators, entrepreneurs and independent developers. That’s three times the number of submissions as the first year of the competition and more than all four of our annual Grand Challenges combined. The top 10 countries with the most entries reflect the geographic scope and diversity of IoT innovation: United States, India, Australia, Canada, United Kingdom, Spain, Germany, Mexico, the Russia, and Indonesia.

In the past three months, we Read More »

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Unleashing Value with Today’s IoT Innovation Leaders

Who is innovating the next big thing? Where are they? Will it be you?

Whether in a garage, lab, university, startup or coffee shop, we at Cisco are searching the world over for entrepreneurs developing the next innovative game-changers around the Internet of Things (IoT).

How will we find you?alexbloginnovationgrandchallengepic1

On Monday, June 22, we launched the second annual Innovation Grand Challenge to discover the latest and greatest IoT innovators over the next six months. We’re enticing them out of the shadows and into the spotlight with $250,000 in total prizes and $150,000 to the overall winner. Further, winners will gain access to Cisco’s IoE Centers of Innovation, premier resources, mentorships and vast opportunities with partners and investors to change the way we live, work, play and learn.

When will we identify the winners?

The submission period runs from June 22 through Sept. 7, with the top three innovators to be announced on Dec. 7 at the IoT World Forum in Dubai. Information about guidelines and submitting entries can be found here. Read More »

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Game Theory and the Power of Innovating as an Industry

The recent passing of John Forbes Nash made me wonder how his ingenious game theory can be applied to technology innovation.

Very simply put, Nash’s theory of equilibrium puts forth that outcomes are more attainable for all parties when they work cooperatively toward a goal rather than against each other in isolation. Knowing each other’s mindset and working together gives each party a better chance at achieving his or her objective than working on their own.

This theory has been used to analyze everything from wars and sports to evolutionary biology and games of skill. Read More »

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Why We Need Diverse Perspectives in IoT – Experience from the University of Wisconsin-Madison IoT Lab

We need to create more effective mechanisms for attracting and engaging a diverse group of students in technology.  In my work as an educator and collaborator with leading companies in a variety of industries, I have noticed a trend: that including women, minorities, and those pursuing non-STEM disciplines in Internet of Things (IoT) technology-related learning is a critical issue that needs to be addressed to yield the greatest benefit from IoT.  I am personally very passionate about this topic.

IoT-800x800-ImgWhen we launched the University of Wisconsin-Madison, our Internet of Things (IoT) Lab in February 2014, one of our primary objectives was to provide students unique interdisciplinary learning and innovation experiences with IoT technologies. The IoT Lab is not associated with any course – the students who are participating in the IoT Lab are doing so because they are intrigued by and excited about IoT technologies and potential applications. This hub also serves as a campus technology sand-box and innovation community where students from diverse disciplines come together and engage in fun, social, collaborative learning and hands-on experimentation.

The IoT Lab has adopted a novel approach for successfully engaging students.  It has fostered participation by dozens of undergraduate and graduate students (a large fraction being women) representing a range of disciplines including not only engineering and computer science, but also other “non-technical” disciplines such as business, human ecology (retailing and consumer sciences), nursing, economics, journalism and mass communications, mathematics, physics, statistics, and philosophy.

There are several key insights that we have gained through our experience in engaging students with IoT.  Here are two: Read More »

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Announcing Finalists for the IoT Innovation Grand Challenge!

IoT Innovation GC Finalist IconsWhen the IoT Innovation Grand Challenge was announced in April 2014, I was a little concerned and apprehensive about the number and quality of submissions the contest would attract.  But looking back now at the overwhelming response and the fantastic submissions, I can honestly say the IoT Challenge was a tremendous success.  And it is not over yet!

The journey started in April, 2014 with only a few contest members, but it grew to a community of over 8,400 people. More than 800 submissions were received from startups all over the world and nineteen semi-finalists were announced August 1st.  The nineteen semi-finalists were given an assignment to complete.  The requirement was for each semi-finalist to submit a business plan along with a short video pitching their idea or solution.  The judging was even more difficult this round, but our six finalists have been selected!

Announcing the IoT Innovation Grand Challenge Finalists!

I am pleased to announce the six IoT Innovation Grand Challenge Finalists: Read More »

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