Chicago Innovation Exchange, Cisco narrow Innovation Challenge field to three teams
The Chicago Innovation Exchange (CIE) and Cisco Entrepreneurs in Residence (Cisco EIR) have created the “CIE + Cisco Innovation Challenge” to support early-stage startups building game-changing products in the Internet of Everything (IoE), Big Data, cloud computing, and other transformational areas. Led by innovators at Argonne National Laboratory, University of Chicago's Computation Institute, Fermilab, and the University of Illinois at Urbana-Champaign, the three finalists, Parallel Works, CEMAS, and Embedor, are competing for an opportunity to become a part of the CiscoEIR@CIE joint incubation program.
Parallel Works has developed technology that enables complex and compute-intensive modeling, simulation and analytic workflows to be performed rapidly, easily and economically on parallel computing systems. Led by Michael Wilde, a software architect at Argonne and senior fellow at the Computation Institute, Parallel Works’ technology can help scientists, engineers and data analysts to perform the computations that increase their quality and speed their products to market, with greater ease, lower cost, and far less distraction from their core business mission than was previously possible.
Cloud-based Event Monitoring and Storage (CEMAS) technology supports emergent Internet-aware devices from the Internet of Everything (IoE), providing a central hub for storage and event monitoring of data generated by objects and sensors. Led by Fermilab’s Deputy CIO, Jin Chang, the team is working to develop partnerships that would support proof-of-concept testing and commercialization of the service.
Embedor’s technology enables continuous real-time structural health monitoring of civil infrastructure using wireless smart sensors, enabling infrastructure owners to improve the reliability of inspections and significantly reduce maintenance costs. Kirill Mechitov, a postdoc in the Department of Computer Science at the University of Illinois at Urbana-Champaign leads the team, which is looking to reduce catastrophic bridge failures by improving the way structural and civil engineers assess and analyze the condition of bridges.
“The innovative technologies of the three finalist teams showcase the rich level of creativity and invention happening in Illinois,” said Tom Yoritaka, managing director of Cisco Entrepreneurs in Residence. “Chicago, with its world-class universities, national labs and vibrant startup community, is a key innovation hub and a leader in Smart City and Internet of Everything technologies. Our collaboration with the Chicago Innovation Exchange enables Cisco to tap into the region’s dynamic entrepreneurial community, connecting us with innovators who are building solutions in areas that are strategic to Cisco.”
The three finalists received feedback from Cisco and CIE executives. The teams will participate in Cisco’s Internet of Things World Forum in Chicago in mid-October and spend a day at Cisco’s offices meeting with Cisco engineers and executives in San Jose, California, in November.
“Through our partnership with Cisco, we’re furthering our mission to help entrepreneurs and researchers from the Chicago area to translate their ideas into start-up businesses and products,” said John Flavin, executive director of the Chicago Innovation Exchange. “We are able to support these early-stage ventures along their journey by connecting them to resources and mentors who can help them to commercialize their technologies, and by giving them access to space where they can focus on development.”
The winning team(s) will be announced later this fall and will receive financial support from Cisco and the CIE as well as the opportunity to incubate in the CIE’s primary 17,000 square foot space when it opens in October. The CIE is the University of Chicago’s new center to connect emerging entrepreneurs with Chicago’s broader innovation ecosystem and to drive the creation of new businesses, jobs and economic activity in the city and surrounding region.
Nikki Kidd | newswise
Fraunhofer FIT joins Facebook's Telecom Infra Project
25.10.2016 | Fraunhofer-Institut für Angewandte Informationstechnik FIT
Stanford researchers create new special-purpose computer that may someday save us billions
21.10.2016 | Stanford University
Physicists from the University of Würzburg have designed a light source that emits photon pairs. Two-photon sources are particularly well suited for tap-proof data encryption. The experiment's key ingredients: a semiconductor crystal and some sticky tape.
So-called monolayers are at the heart of the research activities. These "super materials" (as the prestigious science magazine "Nature" puts it) have been...
Ultrafast lasers have introduced new possibilities in engraving ultrafine structures, and scientists are now also investigating how to use them to etch microstructures into thin glass. There are possible applications in analytics (lab on a chip) and especially in electronics and the consumer sector, where great interest has been shown.
This new method was born of a surprising phenomenon: irradiating glass in a particular way with an ultrafast laser has the effect of making the glass up to a...
Terahertz excitation of selected crystal vibrations leads to an effective magnetic field that drives coherent spin motion
Controlling functional properties by light is one of the grand goals in modern condensed matter physics and materials science. A new study now demonstrates how...
Researchers from the Institute for Quantum Computing (IQC) at the University of Waterloo led the development of a new extensible wiring technique capable of controlling superconducting quantum bits, representing a significant step towards to the realization of a scalable quantum computer.
"The quantum socket is a wiring method that uses three-dimensional wires based on spring-loaded pins to address individual qubits," said Jeremy Béjanin, a PhD...
In a paper in Scientific Reports, a research team at Worcester Polytechnic Institute describes a novel light-activated phenomenon that could become the basis for applications as diverse as microscopic robotic grippers and more efficient solar cells.
A research team at Worcester Polytechnic Institute (WPI) has developed a revolutionary, light-activated semiconductor nanocomposite material that can be used...
14.10.2016 | Event News
14.10.2016 | Event News
12.10.2016 | Event News
28.10.2016 | Power and Electrical Engineering
28.10.2016 | Physics and Astronomy
28.10.2016 | Life Sciences