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Open Innovation Everywhere: Extending Cisco Entrepreneurs in Residence to Innovation Hubs across the U.S

Back in March, I wrote about Cisco’s continued focus on innovation and my personal goal of accelerating innovation by making openness part of our DNA. Similarly, at the recent Cisco Live event in San Francisco, I talked about the incredible Inertnet of Everything (IoE) journey in front of us and offered a few examples of what that future might hold. The IoE future of hyper-connected devices, people, data and processes will see retail, manufacturing, public services and health care fundamentally changed—and our lives made richer and safer. Today, we stand at the dawn of a revolution, and innovation will continue to lead the way.

With both internal and external programs to feed innovation, Cisco aims to nurture disruptive ideas. In this light, we are using our new startup innovation program, Cisco Entrepreneurs in Residence (EIR), to spur open innovation and drive Cisco’s own leadership position in the emerging IoE opportunity.

The Entrepreneurs in Residence program offers financial support, access to a co-working space, basic software tools and a potential opportunity to collaborate with Cisco product or engineering teams. Each cohort lasts six months, and startups are selected through a rigorous multi-phase selection process that evaluates the viability of their business plans, the strength of their teams and their alignment with Cisco’s strategic focus.

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Announcing Open Submissions for the IoT Innovation Grand Challenge!

April 21, 2014 at 11:30 am PST

Cisco_IoTInnovationGrandChallenge_lcAt the recent IoT World Forum Steering Committee meeting one of the topics that came up again and again was innovation – the need for innovation in business models, the need for innovation in our lives as the Internet of Everything approaches, and the need for innovation with developing the “things” that will be connecting to the IoT.

One of Cisco’s ongoing business strategies is to invest in innovation and so I’m excited to share that we’re now accepting submissions for the Cisco Internet of Things (IoT) Innovation Grand Challenge! The Grand Challenge is a global, open competition aimed at recognizing, promoting and accelerating the adoption of breakthrough technologies and products. We wish to foster growth in startup businesses that will contribute to the growth and evolution of the Internet of Things. Cisco seeks to inspire and support the next generation of entrepreneurs and startups that are developing technologies in areas of applications, analytics, management and connectivity.

The first round of judging will happen in July when 18 ideas will be selected by Cisco judges with one “crowd favorite”.  From those we’ll narrow down to 6 and then the three finalists will be featured at the next IoT World Forum.

Jumpstart Your Business with A Cash Award

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Chicago is Host City for 2014 Internet of Things World Forum!

IoT_logo_2linesThis week, Cisco is hosting over 70 companies and organizations for a second annual in-person Steering Committee meeting to plan the second  Internet of Things World Forum (IoTWF).   The goal of the Steering Committee is to shape the eventual Forum’s agenda and ensure it addresses top market opportunities and challenges that will influence global, political and environmental issues.  

The committee itself consists of thought leaders from business, universities, and governments from across these 70 companies and groups.  It is further broken out into 12 horizontal and vertical working groups who will be meeting as a group this week and who will continue to meet at a set cadence over the next six months in lead-up to the second IoTWF.

The overall goal of the IoTWF – and why Cisco started it in the first place -- is address topics that will improve the lives of citizens and businesses across manufacturing, energy, health, education, innovation, transportation, retail and job creation and also address the gaps and challenges of IoT standards, security, GTM, and architecture. The Internet of Things is happening now, but we need to ensure we bring together those who will be shaping it’s evolution.

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Advanced Use of CMX at the Internet of Things World Forum in Barcelona

The inaugural IoT World Forum closed today in Barcelona with the overall sentiment being that it was a resounding success.

One of the key messages that emerged was the need for everyone to work together and for the customer solutions of the future to be drive by business outcomes or capabilities, rather than by what it takes to deliver them or the underlying components or technologies. Increasingly business leaders are making their purchasing decisions by prioritizing business value and business relevance.

Cisco’s Connected Mobile Experiences was highlighted at the World Forum and is seen as one of the key pieces of the overall IoT jigsaw.

Some very interesting use cases for CMX and its capabilities were showcased this week. In a previous post I spoke about the Smart City Tour and how CMX is used in an innovative manner within the city and how brands can take advantage of CMX to engage their customers in creative ways. In another post I spoke about how CMX was used within the IoT venue and the analytics that were available for all to see on the event jumbotron.

There are a few more (yes, even more--with CMX, the possibilities of deployment are endless) ways that we wove CMX into the IoT experience that’d I’d like to share with you in my final IoT World Forum string of posts.

One of these was using CMX within the City of Barcelona as a key dashboard of information for the municipal authorities. Here is a view of the Born area part of the old Gothic section of the city and a major tourist destination in the city. We can see here that over 6600 devices where detected with an average dwell time of 8 minutes.

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IoT World Forum Day 1 by the Numbers

This week I’m at the inaugural Internet of Things World Forum, hosted by Cisco.  To give you a sense of what was discussed in just one day, I thought I’d capture some of the more interesting tweets and stats.  Below the tweets is a fun short video where I interviewed SAP’s Benjamin Wesson and with Cisco’s Monique Morrow!

One - New IoT Division at Cisco!

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