Cisco welcomes data analytics and IoT startups into incubation program
- ravinambooricisco
- Jan 22, 2015
- 2 min read
Cisco Systems launched in January 22nd new group of startups to join its incubation program, Cisco Entrepreneurs in Residence (EIR), which would support very new business-to-business (B2B) enterprises, said Cisco evangelist Ravi Namboori, citing a press release of Cisco.
The new unit will see collaboration of Cisco and its global partner ecosystem to develop Big Data/Analytics, Internet of Everything, and Smart City solutions
These start-ups would partake in a six-month program, which would see Cisco conducting events, mentoring, and facilitating alliances in an effort to bring ideas to fruition, added the Namboori, a former employee with Cisco. Selected entrepreneurs would be supported by Cisco to get access to co-working space and mentoring from IT captains. Events in the program will present opportunities for companies to showcase products and innovations to both investors and partners.
Out of all the participants, four will be a part of the Cisco Entrepreneurs in Residence, located in Silicon Valley, added the Cisco evangelist.
They are: Measurence (www.measurence.com), a NY-based company that offers mobile analytics and intelligence platform for retailers and others; ParStream will provide a comprehensive analytics platform, developed specially for huge Internet of Things (IoT) solutions using large parallel processing technologies; PLAT.ONE (www.platone.co), an Italy-based company that provides a cloud-ready end-to-end IoT and application platform sitting on machine-to-machine; and Japan-based Preferred Networks (preferred-america.com), which will provide intelligence to the IoT by making use of machine learning and Big Data technologies to devices and networks.
In addition, two startups that would also this program as part of joint-incubation programs launched with regional partners, added Santa Clara-based Ravi Namboori.
They are: A startup Embedor Technologies (embedortech.com), a brainchild of the University of Illinois at Urbana-Champaign Research Park, which develops wireless smart sensor technologies for the structural health observation of civil infrastructure; and San Diego-based Koriist (www.koriist.com) that will string together legacy and smart digital infrastructure, letting Smart City solutions to facilitate speedier and seamless installation of Smart City solutions, concludes Ravi Namboori, presently a consultant with Unigen in Bay Area, California.
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