SlideShare une entreprise Scribd logo
1  sur  5
Télécharger pour lire hors ligne
1
Smart Gigabit Communities and Local Innovation Economies:
An Investor’s Perspective
January 2016
Dr. Ronald F.E. Weissman
Band of Angels
Menlo Park, CA
Weissman@bandangels.com
Good afternoon. It is a real pleasure to address this distinguished group of
community innovators. I’m here today as as a VC and as Chairman of the Software
Group of one of America’s oldest angel organizations, the Band of Angels, located
in the heart of Silicon Valley. Over the past 22 years, our members have
personally invested more than a quarter of a billion dollars in technology
startups. I’m pleased to present the investor’s perspective on Smart Gigabit
Communities.
I’ve worked recently on innovation projects in Silicon Valley, in the US Mid-West,
and internationally, in New Zealand, Australia, Chile, and most recently, Armenia.
The I’ve been asked in each of the places, from San Antonio to Santiago, is how do
we become the next Silicon Valley? The easy answer is: invest in great
universities, our idea factories.
The harder and less-simple answer is to invest more deeply in an infrastructure
promoting local collaboration. Silicon Valley’s success took decades to build,
ignited significantly by the US Government funding during the Cold War Space
Race. Over many years, an ecosystem developed with all the key ingredients:
Universities and corporate labs providing intellectual capital. Plus an innovation
infrastructure including venture capital, law firms, accounting firms, tech-savvy
media, supportive local governments, and investment banks linked to major
capital markets. I stress, this took generations and thousands of companies,
including hundreds upon hundreds of spinouts from larger firms. Back when
dinosaurs roamed the earth, sixty-six semiconductor companies spun out of
Fairchild within roughly a decade of its foundation. Today, companies like Oracle,
Google, Salesforce, Apple, Facebook and PayPal have each spawned dozens of
startups. But much, indeed almost all of this innovation, was the result of
2
personal connections, face to face contacts. And face to face innovation takes a
long time.
Ignite’s Smart Gigabit Communities promises to radically simplify and shorten this
collaborative process by magnifying what individuals can do. Ignite! Is enabling
deeply connected and highly immersive communities, linking public, private and
educational sectors at gigabit speed.
It isn’t just the collaboration itself that I find exciting. What’s most exciting for me
is that Smart Gigabit Communities allow us to focus the energies of many people
on big problems—like we used to do.
What does this mean?
Let me quote one of America’s smartest investors, Peter Theil, cofounder of
PayPal and Palantir, first outside investor in Facebook and managing partner of
Founder’s Fund. I think we can all agree that Theil has his finger on the pulse of
innovation. He recently said, memorably, “We were promised flying cars, we got
140 characters.” He, like a growing number of us, is frustrated by our focus on
less than truly disruptive innovation. We’re focused on what the innovation Gurus
call Horizon 1 innovation—short term and incremental, rather than Horizon 3,
longer-term and disruptive.
We’ve had several revolutions in core technology: semiconductors, Ethernet, the
personal computer, the relational database, the Web, the smart phone. But since
the last revolution—mobility--we’ve spent the last decade mostly tackling small
problems, many of them elaborations on the same old theme by thousands of
copycat startups. We’ve funded dozens of ways to design greeting cards,
hundreds of places to share photos and videos, more than five hundred places to
find dates, tens of thousands of ways to shop on line. Helpful, certainly. Fun? Of
course. Truly innovative? You be the judge.
The good news: more investors are increasingly focused on big problems again.
autonomous, self-driving cars; Life extension beyond our normative 80 years
powered by instrumentation of the body for vastly more effective health care;
magnification of intelligence via true man-machine interfaces; smart energy grids;
smart cities capable of intelligent transportation, optimized resource use and
3
improved public safety; rethinking the entire food industry via one of the hottest
new sectors, Agtech. And, of course, killer robots.
But these big problems require collaborative infrastructure. Silicon Valley’s
semiconductor industry in the 70’s and 80’s required hundreds of companies,
dozens of labs and several universities all collaborating locally to solve thousands
of interrelated problems. These ranged from material science, CAD design,
manufacturing, supply chain logistics, software, that is, semiconductor IP and,
ultimately, operating systems to make chips useful.
As I’ve said, in Silicon Valley, this infrastructure, based on face-to-face interaction,
took many years to develop organically. With the next-generation Gigabit
Internet, the infrastructure is being put in place for accelerated regional
collaboration. Faster collaboration. Now, as the experiences of Silicon Valley and
Massachusetts’ high tech Route 128 have demonstrated, collaboration can rarely
be mandated from above. It is longest-lasting when it is organic and self-directed.
So a strong public-funded infrastructure enabling a vital private sector innovation
ecosystem are both key to significant innovation.
As an investor, what is most exciting about Smart Gigabit Communities is their
power to create collaborative regional hubs capable of tackling big problems.
Problems that matter. Powerful networks can aid company formation, and
collaborative private sector-public sector-university partnerships of the sort that
built the semiconductor industry in Silicon Valley.
Big Ideas like autonomous cars, life-extension and smart grids are beyond the
scope of any company. Think of them as our version of the Medieval cathedral,
projects beyond the reach of single companies or investors. Barcelona’s Sagrada
Familia, started in 1882 and still Gaudi’s design, will take another decade to
complete. The projects I’ve mentioned certainly won’t, I hope, take 140 years,
but will require deep collaborative vision, like Barcelona’s.
The benefits aren’t only realized after 140 years-- the benefits of such
collaboration can develop in the near term and be just as deep. Numerous cities
in the US are already reaping the benefits of smart traffic flow via intelligent
traffic systems. But even here, we could do so much more with smarter cars
4
connected to richer data analyzed in real real-time, but this awaits more powerful
networks of the sort envisioned by Ignite!
Healthcare is another field benefitting from faster regional networks. In the US
alone, 16,000 clinical trials launch annually. But many are local and require
precise and speedy recruiting of a large population of eligible patients—usually
beyond the resources and demographics of a local university or research hospital.
Building regional clinical trials networks can really expand the potential patient
pool, reducing the number of trials which fail for reasons of limited patient
recruitment. Such networks will exploit immersive mixed-media and massive Big
Data analytics.
Beyond the opportunity costs of not having Gigabit regional nets, we’re spending
far too much today trying to overcome our lack of faster networks via short-term
investments in compression, data reduction and optimization technologies to
share data and get it in and out of the Cloud. The Cloud is still in its infancy,
awaiting faster networks to enable true, composite applications built from many
different Cloud services leveraging video, virtual reality and other presence
technologies.
You community leaders have wonderful opportunities to exploit. But the Gigabit
Community you’re building isn’t just about technology. Neww technology jobs
create a need for skilled workers in marketing, sales and support, and many non-
tech local opportunities for restaurants, delivery services and real estate. This is
the regional infrastructure required to support a growing workforce. A recent
study concluded that in Silicon Valley, every tech job creates between 4 and 5
new non-tech jobs.
Venture capitalists are looking, increasingly, beyond Silicon Valley, Boston and
New York. Innovation hubs have been created across the US. In St. Louis, for
example, around its world-class medical complexes. The South by Southwest
Conference ignited a digital media hub in Austin integrating entertainment,
gaming and technology.
With sky high valuations and thousands of copy-cat companies in Silicon Valley,
investors are seeking to put money to work in America’s new innovation centers.
Ignite’s Smart Gigabit Communities initiative promises to create more than a
5
dozen new innovation hubs. If hubs can develop a critical mass of companies and
researchers focused on solving a common set of problems relating to Big Ideas, I
have no doubt that venture capital will follow.
Your opportunity is to speed collaboration and build a critical mass of talent and
companies around a common set of problems. This will attract capital. VCs, too,
invest not only in companies, but in communities. These communities should
have enough company mass to enable many investments over time, not just a
handful. It is that critical mass of companies focusing on a common problem that
attracts venture capital. And this critical mass is needed to develop the spinout
cycle that built Silicon Valley.
With next-generation Gigabit networks enabling richer collaboration, we can
tackle, again, the Big Issues.
Thank you, Ignite. I’m confident that at some of the Ignite!-funded Smart Gigabit
Communities here today will help us move well beyond 140 characters. Who
knows, perhaps one of the Gigabit Communities in this room will even re-ignite
our entrepreneurial passion for flying cars.
Thank you!

Contenu connexe

Tendances

Smart Cities 2019: What kind of smart city do you want to build?
Smart Cities 2019: What kind of smart city do you want to build?Smart Cities 2019: What kind of smart city do you want to build?
Smart Cities 2019: What kind of smart city do you want to build?Sarah Barns
 
Don Clark - Smart City Expo World Congress 2014
Don Clark - Smart City Expo World Congress 2014Don Clark - Smart City Expo World Congress 2014
Don Clark - Smart City Expo World Congress 2014Logitek Solutions
 
2015 ODI Summit — Embracing Generation Open & Network Thinking — Gavin Starks
2015 ODI Summit — Embracing Generation Open & Network Thinking — Gavin Starks2015 ODI Summit — Embracing Generation Open & Network Thinking — Gavin Starks
2015 ODI Summit — Embracing Generation Open & Network Thinking — Gavin StarkstheODI
 
David Coleman: Challenging Traditional Models, Roles and Responsibilities in ...
David Coleman: Challenging Traditional Models, Roles and Responsibilities in ...David Coleman: Challenging Traditional Models, Roles and Responsibilities in ...
David Coleman: Challenging Traditional Models, Roles and Responsibilities in ...GSDI Association
 
ODI 2015 06 opentech - Gavin Starks
ODI 2015 06 opentech - Gavin StarksODI 2015 06 opentech - Gavin Starks
ODI 2015 06 opentech - Gavin StarkstheODI
 
ODI London Sport event presentation 2016-02-03
ODI London Sport event presentation 2016-02-03ODI London Sport event presentation 2016-02-03
ODI London Sport event presentation 2016-02-03theODI
 
London - City Data Strategy launch presentation 2016-03-01
London - City Data Strategy launch presentation 2016-03-01London - City Data Strategy launch presentation 2016-03-01
London - City Data Strategy launch presentation 2016-03-01theODI
 
Big data and smart cities
Big data and smart citiesBig data and smart cities
Big data and smart citiesGhulam Mustafa
 
Mikael Börjeson - Future internet for Smarter Cities and User-centric Open I...
Mikael Börjeson  - Future internet for Smarter Cities and User-centric Open I...Mikael Börjeson  - Future internet for Smarter Cities and User-centric Open I...
Mikael Börjeson - Future internet for Smarter Cities and User-centric Open I...FIA2010
 
FIWARE Global Summit - The Smart City Program in Japan: Cities as Enablers of...
FIWARE Global Summit - The Smart City Program in Japan: Cities as Enablers of...FIWARE Global Summit - The Smart City Program in Japan: Cities as Enablers of...
FIWARE Global Summit - The Smart City Program in Japan: Cities as Enablers of...FIWARE
 
2013 eurogi dublinked (v1)
2013 eurogi dublinked (v1)2013 eurogi dublinked (v1)
2013 eurogi dublinked (v1)Dublinked .
 
Big Data in a Digital City. Key Insights from the Smart City Case Study
Big Data in a Digital City. Key Insights from the Smart City Case StudyBig Data in a Digital City. Key Insights from the Smart City Case Study
Big Data in a Digital City. Key Insights from the Smart City Case StudyBYTE Project
 
2012 URISA Track, Civic Engagement and Success through the Cloud, Anthony Pal...
2012 URISA Track, Civic Engagement and Success through the Cloud, Anthony Pal...2012 URISA Track, Civic Engagement and Success through the Cloud, Anthony Pal...
2012 URISA Track, Civic Engagement and Success through the Cloud, Anthony Pal...GIS in the Rockies
 
Strawberry energy
Strawberry energyStrawberry energy
Strawberry energyMarcus Agar
 
Leveraging Open Data - an Underutilized Corporate Asset
Leveraging Open Data - an Underutilized Corporate AssetLeveraging Open Data - an Underutilized Corporate Asset
Leveraging Open Data - an Underutilized Corporate AssetOpen Knowledge Canada
 
Internet of every thing
Internet of every thingInternet of every thing
Internet of every thingGabriel Manole
 
Agi foresight presentation data and technology 20100714
Agi foresight presentation   data and technology 20100714Agi foresight presentation   data and technology 20100714
Agi foresight presentation data and technology 20100714Andy Coote
 

Tendances (20)

Smart Cities 2019: What kind of smart city do you want to build?
Smart Cities 2019: What kind of smart city do you want to build?Smart Cities 2019: What kind of smart city do you want to build?
Smart Cities 2019: What kind of smart city do you want to build?
 
Don Clark - Smart City Expo World Congress 2014
Don Clark - Smart City Expo World Congress 2014Don Clark - Smart City Expo World Congress 2014
Don Clark - Smart City Expo World Congress 2014
 
2015 ODI Summit — Embracing Generation Open & Network Thinking — Gavin Starks
2015 ODI Summit — Embracing Generation Open & Network Thinking — Gavin Starks2015 ODI Summit — Embracing Generation Open & Network Thinking — Gavin Starks
2015 ODI Summit — Embracing Generation Open & Network Thinking — Gavin Starks
 
David Coleman: Challenging Traditional Models, Roles and Responsibilities in ...
David Coleman: Challenging Traditional Models, Roles and Responsibilities in ...David Coleman: Challenging Traditional Models, Roles and Responsibilities in ...
David Coleman: Challenging Traditional Models, Roles and Responsibilities in ...
 
ODI 2015 06 opentech - Gavin Starks
ODI 2015 06 opentech - Gavin StarksODI 2015 06 opentech - Gavin Starks
ODI 2015 06 opentech - Gavin Starks
 
ODI London Sport event presentation 2016-02-03
ODI London Sport event presentation 2016-02-03ODI London Sport event presentation 2016-02-03
ODI London Sport event presentation 2016-02-03
 
London - City Data Strategy launch presentation 2016-03-01
London - City Data Strategy launch presentation 2016-03-01London - City Data Strategy launch presentation 2016-03-01
London - City Data Strategy launch presentation 2016-03-01
 
Bristol's Open Data Journey
Bristol's Open Data JourneyBristol's Open Data Journey
Bristol's Open Data Journey
 
Big data and smart cities
Big data and smart citiesBig data and smart cities
Big data and smart cities
 
Mikael Börjeson - Future internet for Smarter Cities and User-centric Open I...
Mikael Börjeson  - Future internet for Smarter Cities and User-centric Open I...Mikael Börjeson  - Future internet for Smarter Cities and User-centric Open I...
Mikael Börjeson - Future internet for Smarter Cities and User-centric Open I...
 
FIWARE Global Summit - The Smart City Program in Japan: Cities as Enablers of...
FIWARE Global Summit - The Smart City Program in Japan: Cities as Enablers of...FIWARE Global Summit - The Smart City Program in Japan: Cities as Enablers of...
FIWARE Global Summit - The Smart City Program in Japan: Cities as Enablers of...
 
2013 eurogi dublinked (v1)
2013 eurogi dublinked (v1)2013 eurogi dublinked (v1)
2013 eurogi dublinked (v1)
 
Big Data in a Digital City. Key Insights from the Smart City Case Study
Big Data in a Digital City. Key Insights from the Smart City Case StudyBig Data in a Digital City. Key Insights from the Smart City Case Study
Big Data in a Digital City. Key Insights from the Smart City Case Study
 
Feimatta Conteh
Feimatta ContehFeimatta Conteh
Feimatta Conteh
 
2012 URISA Track, Civic Engagement and Success through the Cloud, Anthony Pal...
2012 URISA Track, Civic Engagement and Success through the Cloud, Anthony Pal...2012 URISA Track, Civic Engagement and Success through the Cloud, Anthony Pal...
2012 URISA Track, Civic Engagement and Success through the Cloud, Anthony Pal...
 
Strawberry energy
Strawberry energyStrawberry energy
Strawberry energy
 
Leveraging Open Data - an Underutilized Corporate Asset
Leveraging Open Data - an Underutilized Corporate AssetLeveraging Open Data - an Underutilized Corporate Asset
Leveraging Open Data - an Underutilized Corporate Asset
 
Internet of every thing
Internet of every thingInternet of every thing
Internet of every thing
 
Agi foresight presentation data and technology 20100714
Agi foresight presentation   data and technology 20100714Agi foresight presentation   data and technology 20100714
Agi foresight presentation data and technology 20100714
 
Internet de las cosas y datos de ciencia ciudadana para uso público
Internet de las cosas y datos de ciencia ciudadana para uso públicoInternet de las cosas y datos de ciencia ciudadana para uso público
Internet de las cosas y datos de ciencia ciudadana para uso público
 

En vedette

Informe ejecutivo fase 2 grupo107_alexander chinchilla
Informe ejecutivo fase 2 grupo107_alexander chinchillaInforme ejecutivo fase 2 grupo107_alexander chinchilla
Informe ejecutivo fase 2 grupo107_alexander chinchillaAlexander Chinchilla
 
Crisis climática y energías renovables
Crisis climática y energías renovablesCrisis climática y energías renovables
Crisis climática y energías renovablesROSARIO IRIGOYEN
 
Rainbow: A picture and a haiku
Rainbow: A picture and a haikuRainbow: A picture and a haiku
Rainbow: A picture and a haikulalit kishore
 
Medidas de prevención de riscos sísmicos e volcánicos
Medidas de prevención de riscos sísmicos e volcánicosMedidas de prevención de riscos sísmicos e volcánicos
Medidas de prevención de riscos sísmicos e volcánicosTania Abelleira
 
BLSTK Replay n°147 - la revue luxe et digitale 21.01 au 27.01.16
BLSTK Replay n°147 - la revue luxe et digitale 21.01 au 27.01.16BLSTK Replay n°147 - la revue luxe et digitale 21.01 au 27.01.16
BLSTK Replay n°147 - la revue luxe et digitale 21.01 au 27.01.16Balistik Art
 
Transforming City with Internet of Things
Transforming City with Internet of ThingsTransforming City with Internet of Things
Transforming City with Internet of ThingsRofiqi Setiawan
 
BLSTK Replay n°137 - la revue luxe et digitale 29.10 au_04.11.15
BLSTK Replay n°137 - la revue luxe et digitale 29.10 au_04.11.15BLSTK Replay n°137 - la revue luxe et digitale 29.10 au_04.11.15
BLSTK Replay n°137 - la revue luxe et digitale 29.10 au_04.11.15Balistik Art
 
Los movimientos migratorios en España
Los movimientos migratorios en EspañaLos movimientos migratorios en España
Los movimientos migratorios en EspañaAlfredo García
 
How to Develop Note Making Skill
How to Develop Note Making Skill How to Develop Note Making Skill
How to Develop Note Making Skill Rajeev Ranjan
 
Business Strategy of Unilever (Lipton)
Business Strategy of Unilever (Lipton)Business Strategy of Unilever (Lipton)
Business Strategy of Unilever (Lipton)Omer Malik
 
Peut-on survivre à une attaque informatique ? Les règles d’or de la sécurité ...
Peut-on survivre à une attaque informatique ? Les règles d’or de la sécurité ...Peut-on survivre à une attaque informatique ? Les règles d’or de la sécurité ...
Peut-on survivre à une attaque informatique ? Les règles d’or de la sécurité ...Microsoft pour les PME
 
Liptonicetea1.docx (1)
Liptonicetea1.docx (1)Liptonicetea1.docx (1)
Liptonicetea1.docx (1)Saurabh Meena
 

En vedette (17)

Informe ejecutivo fase 2 grupo107_alexander chinchilla
Informe ejecutivo fase 2 grupo107_alexander chinchillaInforme ejecutivo fase 2 grupo107_alexander chinchilla
Informe ejecutivo fase 2 grupo107_alexander chinchilla
 
Crisis climática y energías renovables
Crisis climática y energías renovablesCrisis climática y energías renovables
Crisis climática y energías renovables
 
Childhood
ChildhoodChildhood
Childhood
 
Cómo es la tierra que habitamos!
Cómo es la tierra que habitamos!Cómo es la tierra que habitamos!
Cómo es la tierra que habitamos!
 
Rainbow: A picture and a haiku
Rainbow: A picture and a haikuRainbow: A picture and a haiku
Rainbow: A picture and a haiku
 
Medidas de prevención de riscos sísmicos e volcánicos
Medidas de prevención de riscos sísmicos e volcánicosMedidas de prevención de riscos sísmicos e volcánicos
Medidas de prevención de riscos sísmicos e volcánicos
 
Prevención
PrevenciónPrevención
Prevención
 
BLSTK Replay n°147 - la revue luxe et digitale 21.01 au 27.01.16
BLSTK Replay n°147 - la revue luxe et digitale 21.01 au 27.01.16BLSTK Replay n°147 - la revue luxe et digitale 21.01 au 27.01.16
BLSTK Replay n°147 - la revue luxe et digitale 21.01 au 27.01.16
 
Note making
Note makingNote making
Note making
 
Transforming City with Internet of Things
Transforming City with Internet of ThingsTransforming City with Internet of Things
Transforming City with Internet of Things
 
BLSTK Replay n°137 - la revue luxe et digitale 29.10 au_04.11.15
BLSTK Replay n°137 - la revue luxe et digitale 29.10 au_04.11.15BLSTK Replay n°137 - la revue luxe et digitale 29.10 au_04.11.15
BLSTK Replay n°137 - la revue luxe et digitale 29.10 au_04.11.15
 
Los movimientos migratorios en España
Los movimientos migratorios en EspañaLos movimientos migratorios en España
Los movimientos migratorios en España
 
How to Develop Note Making Skill
How to Develop Note Making Skill How to Develop Note Making Skill
How to Develop Note Making Skill
 
Energía
EnergíaEnergía
Energía
 
Business Strategy of Unilever (Lipton)
Business Strategy of Unilever (Lipton)Business Strategy of Unilever (Lipton)
Business Strategy of Unilever (Lipton)
 
Peut-on survivre à une attaque informatique ? Les règles d’or de la sécurité ...
Peut-on survivre à une attaque informatique ? Les règles d’or de la sécurité ...Peut-on survivre à une attaque informatique ? Les règles d’or de la sécurité ...
Peut-on survivre à une attaque informatique ? Les règles d’or de la sécurité ...
 
Liptonicetea1.docx (1)
Liptonicetea1.docx (1)Liptonicetea1.docx (1)
Liptonicetea1.docx (1)
 

Similaire à Innovation economy remarks to ignite! january 2016

DIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index Ventures
DIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index VenturesDIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index Ventures
DIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index VenturesCapgemini
 
Digital strategy Report John Lynn
Digital strategy Report John LynnDigital strategy Report John Lynn
Digital strategy Report John LynnJohn Lynn
 
Accenture technology vision 2015
Accenture technology vision 2015Accenture technology vision 2015
Accenture technology vision 2015Rick Bouter
 
Cathay Innovation inaugure le fonds franco-chinois innovation
Cathay Innovation inaugure le fonds franco-chinois innovationCathay Innovation inaugure le fonds franco-chinois innovation
Cathay Innovation inaugure le fonds franco-chinois innovationBpifrance
 
Naked approach: success in the hyperconnected world
Naked approach: success in the hyperconnected worldNaked approach: success in the hyperconnected world
Naked approach: success in the hyperconnected worldOannes
 
The Idealog guide to megatrends
The Idealog guide to megatrendsThe Idealog guide to megatrends
The Idealog guide to megatrendsidealogmag
 
Indonesian Tech Ecosystem Report - Bits by Bricks
Indonesian Tech Ecosystem Report - Bits by BricksIndonesian Tech Ecosystem Report - Bits by Bricks
Indonesian Tech Ecosystem Report - Bits by BricksRama Manusama
 
Bitsxbricks Startup Indonesia Whitepaper by MDI Ventures
Bitsxbricks Startup Indonesia Whitepaper by MDI VenturesBitsxbricks Startup Indonesia Whitepaper by MDI Ventures
Bitsxbricks Startup Indonesia Whitepaper by MDI VenturesRein Mahatma
 
Oakland Fab City Innovation Center - 2019 Final Report & Findings
Oakland Fab City Innovation Center - 2019 Final Report & FindingsOakland Fab City Innovation Center - 2019 Final Report & Findings
Oakland Fab City Innovation Center - 2019 Final Report & FindingsSal Bednarz
 
Work 4.0 _ The Industry 4.0 Digital Transformation
Work 4.0 _  The Industry 4.0 Digital TransformationWork 4.0 _  The Industry 4.0 Digital Transformation
Work 4.0 _ The Industry 4.0 Digital TransformationWg Cdr Jayesh C S PAI
 
White Paper: Understanding the Networked Society – new logics for an age of e...
White Paper: Understanding the Networked Society – new logics for an age of e...White Paper: Understanding the Networked Society – new logics for an age of e...
White Paper: Understanding the Networked Society – new logics for an age of e...Ericsson
 
The New Avant Garde: Opportunities for Young People in the Jobless Future
The New Avant Garde: Opportunities for Young People in the Jobless FutureThe New Avant Garde: Opportunities for Young People in the Jobless Future
The New Avant Garde: Opportunities for Young People in the Jobless FutureBankboy London
 
Our Guide to Digital disruption Update 2019
Our Guide to Digital disruption Update 2019Our Guide to Digital disruption Update 2019
Our Guide to Digital disruption Update 2019John Ashcroft
 
Enabling the digital business
Enabling the digital businessEnabling the digital business
Enabling the digital businessDaisy Group
 
Why There Are So Few Breakthrough Disruptive Social Innovations (and 20 Ways ...
Why There Are So Few Breakthrough Disruptive Social Innovations (and 20 Ways ...Why There Are So Few Breakthrough Disruptive Social Innovations (and 20 Ways ...
Why There Are So Few Breakthrough Disruptive Social Innovations (and 20 Ways ...Switch On | Thrive Your Future
 
Approaches to online collaboration
Approaches to online collaborationApproaches to online collaboration
Approaches to online collaborationKate Carruthers
 
Hr gurukul futureof work curations
Hr gurukul futureof work curations Hr gurukul futureof work curations
Hr gurukul futureof work curations Ruchi Bhatia
 
Diminishing Startup Costs: major trends research notes
Diminishing Startup Costs: major trends research notesDiminishing Startup Costs: major trends research notes
Diminishing Startup Costs: major trends research notesChris Jones
 

Similaire à Innovation economy remarks to ignite! january 2016 (20)

DIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index Ventures
DIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index VenturesDIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index Ventures
DIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index Ventures
 
The 2015 Innovation Forecast Report
The 2015 Innovation Forecast ReportThe 2015 Innovation Forecast Report
The 2015 Innovation Forecast Report
 
Digital strategy Report John Lynn
Digital strategy Report John LynnDigital strategy Report John Lynn
Digital strategy Report John Lynn
 
Accenture technology vision 2015
Accenture technology vision 2015Accenture technology vision 2015
Accenture technology vision 2015
 
Cathay Innovation inaugure le fonds franco-chinois innovation
Cathay Innovation inaugure le fonds franco-chinois innovationCathay Innovation inaugure le fonds franco-chinois innovation
Cathay Innovation inaugure le fonds franco-chinois innovation
 
Naked approach: success in the hyperconnected world
Naked approach: success in the hyperconnected worldNaked approach: success in the hyperconnected world
Naked approach: success in the hyperconnected world
 
The Idealog guide to megatrends
The Idealog guide to megatrendsThe Idealog guide to megatrends
The Idealog guide to megatrends
 
Indonesian Tech Ecosystem Report - Bits by Bricks
Indonesian Tech Ecosystem Report - Bits by BricksIndonesian Tech Ecosystem Report - Bits by Bricks
Indonesian Tech Ecosystem Report - Bits by Bricks
 
Bits x bricks
Bits x bricksBits x bricks
Bits x bricks
 
Bitsxbricks Startup Indonesia Whitepaper by MDI Ventures
Bitsxbricks Startup Indonesia Whitepaper by MDI VenturesBitsxbricks Startup Indonesia Whitepaper by MDI Ventures
Bitsxbricks Startup Indonesia Whitepaper by MDI Ventures
 
Oakland Fab City Innovation Center - 2019 Final Report & Findings
Oakland Fab City Innovation Center - 2019 Final Report & FindingsOakland Fab City Innovation Center - 2019 Final Report & Findings
Oakland Fab City Innovation Center - 2019 Final Report & Findings
 
Work 4.0 _ The Industry 4.0 Digital Transformation
Work 4.0 _  The Industry 4.0 Digital TransformationWork 4.0 _  The Industry 4.0 Digital Transformation
Work 4.0 _ The Industry 4.0 Digital Transformation
 
White Paper: Understanding the Networked Society – new logics for an age of e...
White Paper: Understanding the Networked Society – new logics for an age of e...White Paper: Understanding the Networked Society – new logics for an age of e...
White Paper: Understanding the Networked Society – new logics for an age of e...
 
The New Avant Garde: Opportunities for Young People in the Jobless Future
The New Avant Garde: Opportunities for Young People in the Jobless FutureThe New Avant Garde: Opportunities for Young People in the Jobless Future
The New Avant Garde: Opportunities for Young People in the Jobless Future
 
Our Guide to Digital disruption Update 2019
Our Guide to Digital disruption Update 2019Our Guide to Digital disruption Update 2019
Our Guide to Digital disruption Update 2019
 
Enabling the digital business
Enabling the digital businessEnabling the digital business
Enabling the digital business
 
Why There Are So Few Breakthrough Disruptive Social Innovations (and 20 Ways ...
Why There Are So Few Breakthrough Disruptive Social Innovations (and 20 Ways ...Why There Are So Few Breakthrough Disruptive Social Innovations (and 20 Ways ...
Why There Are So Few Breakthrough Disruptive Social Innovations (and 20 Ways ...
 
Approaches to online collaboration
Approaches to online collaborationApproaches to online collaboration
Approaches to online collaboration
 
Hr gurukul futureof work curations
Hr gurukul futureof work curations Hr gurukul futureof work curations
Hr gurukul futureof work curations
 
Diminishing Startup Costs: major trends research notes
Diminishing Startup Costs: major trends research notesDiminishing Startup Costs: major trends research notes
Diminishing Startup Costs: major trends research notes
 

Plus de US-Ignite

Smart Gigabit Community Lighting Round
Smart Gigabit Community Lighting Round Smart Gigabit Community Lighting Round
Smart Gigabit Community Lighting Round US-Ignite
 
NSF PI Meeting presentation on US Ignite - Nishal Mohan
NSF PI Meeting presentation on US Ignite - Nishal MohanNSF PI Meeting presentation on US Ignite - Nishal Mohan
NSF PI Meeting presentation on US Ignite - Nishal MohanUS-Ignite
 
New Smart Gigabit Community 2017 announcement - Nishal Mohan
New Smart Gigabit Community 2017 announcement - Nishal MohanNew Smart Gigabit Community 2017 announcement - Nishal Mohan
New Smart Gigabit Community 2017 announcement - Nishal MohanUS-Ignite
 
RFP announcement for new US Ignite Smart Gigabit Cities - Nishal Mohan
RFP announcement for new US Ignite Smart Gigabit Cities - Nishal MohanRFP announcement for new US Ignite Smart Gigabit Cities - Nishal Mohan
RFP announcement for new US Ignite Smart Gigabit Cities - Nishal MohanUS-Ignite
 
Holograms in Your City: Smart Training, Data Visualization and Communication ...
Holograms in Your City: Smart Training, Data Visualization and Communication ...Holograms in Your City: Smart Training, Data Visualization and Communication ...
Holograms in Your City: Smart Training, Data Visualization and Communication ...US-Ignite
 
Innovation in Gigcity, Chattanooga TN - Ken Hayes
Innovation in Gigcity, Chattanooga TN - Ken HayesInnovation in Gigcity, Chattanooga TN - Ken Hayes
Innovation in Gigcity, Chattanooga TN - Ken HayesUS-Ignite
 
Compute for Cancer - Isaiah Blackburn
Compute for Cancer - Isaiah BlackburnCompute for Cancer - Isaiah Blackburn
Compute for Cancer - Isaiah BlackburnUS-Ignite
 
Towards Wireless-Networked Real-Time Augmented Vision - Hongwei Zhang
Towards Wireless-Networked Real-Time Augmented Vision - Hongwei ZhangTowards Wireless-Networked Real-Time Augmented Vision - Hongwei Zhang
Towards Wireless-Networked Real-Time Augmented Vision - Hongwei ZhangUS-Ignite
 
The Future of Smart & Connected Communities: Driving Science and Community Im...
The Future of Smart & Connected Communities: Driving Science and Community Im...The Future of Smart & Connected Communities: Driving Science and Community Im...
The Future of Smart & Connected Communities: Driving Science and Community Im...US-Ignite
 
Data-Driven Green Design Case Studies - Dominique Davison
Data-Driven Green Design Case Studies - Dominique DavisonData-Driven Green Design Case Studies - Dominique Davison
Data-Driven Green Design Case Studies - Dominique DavisonUS-Ignite
 
Innovation in Phoenix: City on the Rise - Dominic Papa
Innovation in Phoenix: City on the Rise - Dominic PapaInnovation in Phoenix: City on the Rise - Dominic Papa
Innovation in Phoenix: City on the Rise - Dominic PapaUS-Ignite
 
Next Generation Broadband Cities - Lightning Talks
Next Generation Broadband Cities - Lightning  TalksNext Generation Broadband Cities - Lightning  Talks
Next Generation Broadband Cities - Lightning TalksUS-Ignite
 
The Geni Experiment Engine
The Geni Experiment EngineThe Geni Experiment Engine
The Geni Experiment EngineUS-Ignite
 
Harnessing the Power of Data, Technology and Innovation to Unlock Talent
Harnessing the Power of Data, Technology and Innovation to Unlock TalentHarnessing the Power of Data, Technology and Innovation to Unlock Talent
Harnessing the Power of Data, Technology and Innovation to Unlock TalentUS-Ignite
 
Kickoff Agenda
Kickoff AgendaKickoff Agenda
Kickoff AgendaUS-Ignite
 
21 - Smart Gigabit Communities Launch - Madison
21 - Smart Gigabit Communities Launch - Madison21 - Smart Gigabit Communities Launch - Madison
21 - Smart Gigabit Communities Launch - MadisonUS-Ignite
 
20 - Smart Gigabit Communities Launch - Lafayette, LA
20 - Smart Gigabit Communities Launch - Lafayette, LA20 - Smart Gigabit Communities Launch - Lafayette, LA
20 - Smart Gigabit Communities Launch - Lafayette, LAUS-Ignite
 
19 - Smart Gigabit Communities Launch - Flint, Michigan
19 - Smart Gigabit Communities Launch - Flint, Michigan19 - Smart Gigabit Communities Launch - Flint, Michigan
19 - Smart Gigabit Communities Launch - Flint, MichiganUS-Ignite
 
17 - First 100 Days of SGC
17 - First 100 Days of SGC17 - First 100 Days of SGC
17 - First 100 Days of SGCUS-Ignite
 
16 - Smart Gigabit Communities Launch - Urbana-Champaign, IL
16 - Smart Gigabit Communities Launch - Urbana-Champaign, IL16 - Smart Gigabit Communities Launch - Urbana-Champaign, IL
16 - Smart Gigabit Communities Launch - Urbana-Champaign, ILUS-Ignite
 

Plus de US-Ignite (20)

Smart Gigabit Community Lighting Round
Smart Gigabit Community Lighting Round Smart Gigabit Community Lighting Round
Smart Gigabit Community Lighting Round
 
NSF PI Meeting presentation on US Ignite - Nishal Mohan
NSF PI Meeting presentation on US Ignite - Nishal MohanNSF PI Meeting presentation on US Ignite - Nishal Mohan
NSF PI Meeting presentation on US Ignite - Nishal Mohan
 
New Smart Gigabit Community 2017 announcement - Nishal Mohan
New Smart Gigabit Community 2017 announcement - Nishal MohanNew Smart Gigabit Community 2017 announcement - Nishal Mohan
New Smart Gigabit Community 2017 announcement - Nishal Mohan
 
RFP announcement for new US Ignite Smart Gigabit Cities - Nishal Mohan
RFP announcement for new US Ignite Smart Gigabit Cities - Nishal MohanRFP announcement for new US Ignite Smart Gigabit Cities - Nishal Mohan
RFP announcement for new US Ignite Smart Gigabit Cities - Nishal Mohan
 
Holograms in Your City: Smart Training, Data Visualization and Communication ...
Holograms in Your City: Smart Training, Data Visualization and Communication ...Holograms in Your City: Smart Training, Data Visualization and Communication ...
Holograms in Your City: Smart Training, Data Visualization and Communication ...
 
Innovation in Gigcity, Chattanooga TN - Ken Hayes
Innovation in Gigcity, Chattanooga TN - Ken HayesInnovation in Gigcity, Chattanooga TN - Ken Hayes
Innovation in Gigcity, Chattanooga TN - Ken Hayes
 
Compute for Cancer - Isaiah Blackburn
Compute for Cancer - Isaiah BlackburnCompute for Cancer - Isaiah Blackburn
Compute for Cancer - Isaiah Blackburn
 
Towards Wireless-Networked Real-Time Augmented Vision - Hongwei Zhang
Towards Wireless-Networked Real-Time Augmented Vision - Hongwei ZhangTowards Wireless-Networked Real-Time Augmented Vision - Hongwei Zhang
Towards Wireless-Networked Real-Time Augmented Vision - Hongwei Zhang
 
The Future of Smart & Connected Communities: Driving Science and Community Im...
The Future of Smart & Connected Communities: Driving Science and Community Im...The Future of Smart & Connected Communities: Driving Science and Community Im...
The Future of Smart & Connected Communities: Driving Science and Community Im...
 
Data-Driven Green Design Case Studies - Dominique Davison
Data-Driven Green Design Case Studies - Dominique DavisonData-Driven Green Design Case Studies - Dominique Davison
Data-Driven Green Design Case Studies - Dominique Davison
 
Innovation in Phoenix: City on the Rise - Dominic Papa
Innovation in Phoenix: City on the Rise - Dominic PapaInnovation in Phoenix: City on the Rise - Dominic Papa
Innovation in Phoenix: City on the Rise - Dominic Papa
 
Next Generation Broadband Cities - Lightning Talks
Next Generation Broadband Cities - Lightning  TalksNext Generation Broadband Cities - Lightning  Talks
Next Generation Broadband Cities - Lightning Talks
 
The Geni Experiment Engine
The Geni Experiment EngineThe Geni Experiment Engine
The Geni Experiment Engine
 
Harnessing the Power of Data, Technology and Innovation to Unlock Talent
Harnessing the Power of Data, Technology and Innovation to Unlock TalentHarnessing the Power of Data, Technology and Innovation to Unlock Talent
Harnessing the Power of Data, Technology and Innovation to Unlock Talent
 
Kickoff Agenda
Kickoff AgendaKickoff Agenda
Kickoff Agenda
 
21 - Smart Gigabit Communities Launch - Madison
21 - Smart Gigabit Communities Launch - Madison21 - Smart Gigabit Communities Launch - Madison
21 - Smart Gigabit Communities Launch - Madison
 
20 - Smart Gigabit Communities Launch - Lafayette, LA
20 - Smart Gigabit Communities Launch - Lafayette, LA20 - Smart Gigabit Communities Launch - Lafayette, LA
20 - Smart Gigabit Communities Launch - Lafayette, LA
 
19 - Smart Gigabit Communities Launch - Flint, Michigan
19 - Smart Gigabit Communities Launch - Flint, Michigan19 - Smart Gigabit Communities Launch - Flint, Michigan
19 - Smart Gigabit Communities Launch - Flint, Michigan
 
17 - First 100 Days of SGC
17 - First 100 Days of SGC17 - First 100 Days of SGC
17 - First 100 Days of SGC
 
16 - Smart Gigabit Communities Launch - Urbana-Champaign, IL
16 - Smart Gigabit Communities Launch - Urbana-Champaign, IL16 - Smart Gigabit Communities Launch - Urbana-Champaign, IL
16 - Smart Gigabit Communities Launch - Urbana-Champaign, IL
 

Dernier

Linked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond OntologiesLinked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond OntologiesDavid Newbury
 
Bird eye's view on Camunda open source ecosystem
Bird eye's view on Camunda open source ecosystemBird eye's view on Camunda open source ecosystem
Bird eye's view on Camunda open source ecosystemAsko Soukka
 
VoIP Service and Marketing using Odoo and Asterisk PBX
VoIP Service and Marketing using Odoo and Asterisk PBXVoIP Service and Marketing using Odoo and Asterisk PBX
VoIP Service and Marketing using Odoo and Asterisk PBXTarek Kalaji
 
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfJamie (Taka) Wang
 
OpenShift Commons Paris - Choose Your Own Observability Adventure
OpenShift Commons Paris - Choose Your Own Observability AdventureOpenShift Commons Paris - Choose Your Own Observability Adventure
OpenShift Commons Paris - Choose Your Own Observability AdventureEric D. Schabell
 
UiPath Studio Web workshop series - Day 6
UiPath Studio Web workshop series - Day 6UiPath Studio Web workshop series - Day 6
UiPath Studio Web workshop series - Day 6DianaGray10
 
Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024SkyPlanner
 
Videogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfVideogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfinfogdgmi
 
Machine Learning Model Validation (Aijun Zhang 2024).pdf
Machine Learning Model Validation (Aijun Zhang 2024).pdfMachine Learning Model Validation (Aijun Zhang 2024).pdf
Machine Learning Model Validation (Aijun Zhang 2024).pdfAijun Zhang
 
Building AI-Driven Apps Using Semantic Kernel.pptx
Building AI-Driven Apps Using Semantic Kernel.pptxBuilding AI-Driven Apps Using Semantic Kernel.pptx
Building AI-Driven Apps Using Semantic Kernel.pptxUdaiappa Ramachandran
 
Computer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and HazardsComputer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and HazardsSeth Reyes
 
AI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarAI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarPrecisely
 
Empowering Africa's Next Generation: The AI Leadership Blueprint
Empowering Africa's Next Generation: The AI Leadership BlueprintEmpowering Africa's Next Generation: The AI Leadership Blueprint
Empowering Africa's Next Generation: The AI Leadership BlueprintMahmoud Rabie
 
UiPath Studio Web workshop series - Day 7
UiPath Studio Web workshop series - Day 7UiPath Studio Web workshop series - Day 7
UiPath Studio Web workshop series - Day 7DianaGray10
 
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...DianaGray10
 
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDEADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDELiveplex
 
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdfUiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdfDianaGray10
 

Dernier (20)

20230104 - machine vision
20230104 - machine vision20230104 - machine vision
20230104 - machine vision
 
Linked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond OntologiesLinked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond Ontologies
 
Bird eye's view on Camunda open source ecosystem
Bird eye's view on Camunda open source ecosystemBird eye's view on Camunda open source ecosystem
Bird eye's view on Camunda open source ecosystem
 
VoIP Service and Marketing using Odoo and Asterisk PBX
VoIP Service and Marketing using Odoo and Asterisk PBXVoIP Service and Marketing using Odoo and Asterisk PBX
VoIP Service and Marketing using Odoo and Asterisk PBX
 
20150722 - AGV
20150722 - AGV20150722 - AGV
20150722 - AGV
 
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
 
201610817 - edge part1
201610817 - edge part1201610817 - edge part1
201610817 - edge part1
 
OpenShift Commons Paris - Choose Your Own Observability Adventure
OpenShift Commons Paris - Choose Your Own Observability AdventureOpenShift Commons Paris - Choose Your Own Observability Adventure
OpenShift Commons Paris - Choose Your Own Observability Adventure
 
UiPath Studio Web workshop series - Day 6
UiPath Studio Web workshop series - Day 6UiPath Studio Web workshop series - Day 6
UiPath Studio Web workshop series - Day 6
 
Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024
 
Videogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfVideogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdf
 
Machine Learning Model Validation (Aijun Zhang 2024).pdf
Machine Learning Model Validation (Aijun Zhang 2024).pdfMachine Learning Model Validation (Aijun Zhang 2024).pdf
Machine Learning Model Validation (Aijun Zhang 2024).pdf
 
Building AI-Driven Apps Using Semantic Kernel.pptx
Building AI-Driven Apps Using Semantic Kernel.pptxBuilding AI-Driven Apps Using Semantic Kernel.pptx
Building AI-Driven Apps Using Semantic Kernel.pptx
 
Computer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and HazardsComputer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and Hazards
 
AI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarAI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity Webinar
 
Empowering Africa's Next Generation: The AI Leadership Blueprint
Empowering Africa's Next Generation: The AI Leadership BlueprintEmpowering Africa's Next Generation: The AI Leadership Blueprint
Empowering Africa's Next Generation: The AI Leadership Blueprint
 
UiPath Studio Web workshop series - Day 7
UiPath Studio Web workshop series - Day 7UiPath Studio Web workshop series - Day 7
UiPath Studio Web workshop series - Day 7
 
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
 
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDEADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
 
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdfUiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
 

Innovation economy remarks to ignite! january 2016

  • 1. 1 Smart Gigabit Communities and Local Innovation Economies: An Investor’s Perspective January 2016 Dr. Ronald F.E. Weissman Band of Angels Menlo Park, CA Weissman@bandangels.com Good afternoon. It is a real pleasure to address this distinguished group of community innovators. I’m here today as as a VC and as Chairman of the Software Group of one of America’s oldest angel organizations, the Band of Angels, located in the heart of Silicon Valley. Over the past 22 years, our members have personally invested more than a quarter of a billion dollars in technology startups. I’m pleased to present the investor’s perspective on Smart Gigabit Communities. I’ve worked recently on innovation projects in Silicon Valley, in the US Mid-West, and internationally, in New Zealand, Australia, Chile, and most recently, Armenia. The I’ve been asked in each of the places, from San Antonio to Santiago, is how do we become the next Silicon Valley? The easy answer is: invest in great universities, our idea factories. The harder and less-simple answer is to invest more deeply in an infrastructure promoting local collaboration. Silicon Valley’s success took decades to build, ignited significantly by the US Government funding during the Cold War Space Race. Over many years, an ecosystem developed with all the key ingredients: Universities and corporate labs providing intellectual capital. Plus an innovation infrastructure including venture capital, law firms, accounting firms, tech-savvy media, supportive local governments, and investment banks linked to major capital markets. I stress, this took generations and thousands of companies, including hundreds upon hundreds of spinouts from larger firms. Back when dinosaurs roamed the earth, sixty-six semiconductor companies spun out of Fairchild within roughly a decade of its foundation. Today, companies like Oracle, Google, Salesforce, Apple, Facebook and PayPal have each spawned dozens of startups. But much, indeed almost all of this innovation, was the result of
  • 2. 2 personal connections, face to face contacts. And face to face innovation takes a long time. Ignite’s Smart Gigabit Communities promises to radically simplify and shorten this collaborative process by magnifying what individuals can do. Ignite! Is enabling deeply connected and highly immersive communities, linking public, private and educational sectors at gigabit speed. It isn’t just the collaboration itself that I find exciting. What’s most exciting for me is that Smart Gigabit Communities allow us to focus the energies of many people on big problems—like we used to do. What does this mean? Let me quote one of America’s smartest investors, Peter Theil, cofounder of PayPal and Palantir, first outside investor in Facebook and managing partner of Founder’s Fund. I think we can all agree that Theil has his finger on the pulse of innovation. He recently said, memorably, “We were promised flying cars, we got 140 characters.” He, like a growing number of us, is frustrated by our focus on less than truly disruptive innovation. We’re focused on what the innovation Gurus call Horizon 1 innovation—short term and incremental, rather than Horizon 3, longer-term and disruptive. We’ve had several revolutions in core technology: semiconductors, Ethernet, the personal computer, the relational database, the Web, the smart phone. But since the last revolution—mobility--we’ve spent the last decade mostly tackling small problems, many of them elaborations on the same old theme by thousands of copycat startups. We’ve funded dozens of ways to design greeting cards, hundreds of places to share photos and videos, more than five hundred places to find dates, tens of thousands of ways to shop on line. Helpful, certainly. Fun? Of course. Truly innovative? You be the judge. The good news: more investors are increasingly focused on big problems again. autonomous, self-driving cars; Life extension beyond our normative 80 years powered by instrumentation of the body for vastly more effective health care; magnification of intelligence via true man-machine interfaces; smart energy grids; smart cities capable of intelligent transportation, optimized resource use and
  • 3. 3 improved public safety; rethinking the entire food industry via one of the hottest new sectors, Agtech. And, of course, killer robots. But these big problems require collaborative infrastructure. Silicon Valley’s semiconductor industry in the 70’s and 80’s required hundreds of companies, dozens of labs and several universities all collaborating locally to solve thousands of interrelated problems. These ranged from material science, CAD design, manufacturing, supply chain logistics, software, that is, semiconductor IP and, ultimately, operating systems to make chips useful. As I’ve said, in Silicon Valley, this infrastructure, based on face-to-face interaction, took many years to develop organically. With the next-generation Gigabit Internet, the infrastructure is being put in place for accelerated regional collaboration. Faster collaboration. Now, as the experiences of Silicon Valley and Massachusetts’ high tech Route 128 have demonstrated, collaboration can rarely be mandated from above. It is longest-lasting when it is organic and self-directed. So a strong public-funded infrastructure enabling a vital private sector innovation ecosystem are both key to significant innovation. As an investor, what is most exciting about Smart Gigabit Communities is their power to create collaborative regional hubs capable of tackling big problems. Problems that matter. Powerful networks can aid company formation, and collaborative private sector-public sector-university partnerships of the sort that built the semiconductor industry in Silicon Valley. Big Ideas like autonomous cars, life-extension and smart grids are beyond the scope of any company. Think of them as our version of the Medieval cathedral, projects beyond the reach of single companies or investors. Barcelona’s Sagrada Familia, started in 1882 and still Gaudi’s design, will take another decade to complete. The projects I’ve mentioned certainly won’t, I hope, take 140 years, but will require deep collaborative vision, like Barcelona’s. The benefits aren’t only realized after 140 years-- the benefits of such collaboration can develop in the near term and be just as deep. Numerous cities in the US are already reaping the benefits of smart traffic flow via intelligent traffic systems. But even here, we could do so much more with smarter cars
  • 4. 4 connected to richer data analyzed in real real-time, but this awaits more powerful networks of the sort envisioned by Ignite! Healthcare is another field benefitting from faster regional networks. In the US alone, 16,000 clinical trials launch annually. But many are local and require precise and speedy recruiting of a large population of eligible patients—usually beyond the resources and demographics of a local university or research hospital. Building regional clinical trials networks can really expand the potential patient pool, reducing the number of trials which fail for reasons of limited patient recruitment. Such networks will exploit immersive mixed-media and massive Big Data analytics. Beyond the opportunity costs of not having Gigabit regional nets, we’re spending far too much today trying to overcome our lack of faster networks via short-term investments in compression, data reduction and optimization technologies to share data and get it in and out of the Cloud. The Cloud is still in its infancy, awaiting faster networks to enable true, composite applications built from many different Cloud services leveraging video, virtual reality and other presence technologies. You community leaders have wonderful opportunities to exploit. But the Gigabit Community you’re building isn’t just about technology. Neww technology jobs create a need for skilled workers in marketing, sales and support, and many non- tech local opportunities for restaurants, delivery services and real estate. This is the regional infrastructure required to support a growing workforce. A recent study concluded that in Silicon Valley, every tech job creates between 4 and 5 new non-tech jobs. Venture capitalists are looking, increasingly, beyond Silicon Valley, Boston and New York. Innovation hubs have been created across the US. In St. Louis, for example, around its world-class medical complexes. The South by Southwest Conference ignited a digital media hub in Austin integrating entertainment, gaming and technology. With sky high valuations and thousands of copy-cat companies in Silicon Valley, investors are seeking to put money to work in America’s new innovation centers. Ignite’s Smart Gigabit Communities initiative promises to create more than a
  • 5. 5 dozen new innovation hubs. If hubs can develop a critical mass of companies and researchers focused on solving a common set of problems relating to Big Ideas, I have no doubt that venture capital will follow. Your opportunity is to speed collaboration and build a critical mass of talent and companies around a common set of problems. This will attract capital. VCs, too, invest not only in companies, but in communities. These communities should have enough company mass to enable many investments over time, not just a handful. It is that critical mass of companies focusing on a common problem that attracts venture capital. And this critical mass is needed to develop the spinout cycle that built Silicon Valley. With next-generation Gigabit networks enabling richer collaboration, we can tackle, again, the Big Issues. Thank you, Ignite. I’m confident that at some of the Ignite!-funded Smart Gigabit Communities here today will help us move well beyond 140 characters. Who knows, perhaps one of the Gigabit Communities in this room will even re-ignite our entrepreneurial passion for flying cars. Thank you!