BEST INVESTMENT IN AN INTERNET OF THINGS BUSINESS
This award is aimed at startup or early stage businesses which are building a high growth potential businesses in the Internet of Things (IoT). The award is open to any aspect or application of IoT. The business should have received angel investment in the past 18 months and could have also accessed other finance sources.
Nominations for this award must demonstrate that the IoT business is innovative, has the capability to disrupt the market or industry and has capacity to achieve high growth. Applicants must show how the investment has facilitated the growth potential and competitiveness of the company. Both the business and the investor(s) should be identified for the award.
Sponsored by Cisco
Cisco is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected. Since being founded in 1984, Cisco customers come first and are an integral part of our DNA is creating long-lasting customer partnerships and working with them to identify their needs and provide solutions that support their success.
The concept of solutions being driven to address specific customer challenges has been with Cisco since its inception. Husband and wife Len Bosack and Sandy Lerner, both working for Stanford University, wanted to email each other from their respective offices located in different buildings but were unable to due to technological shortcomings. A technology had to be invented to deal with disparate local area protocols; and as a result of solving their challenge - the multi-protocol router was born.
Cisco has shaped the future of the Internet by creating unprecedented value and opportunity for our customers, employees, investors and ecosystem partners and has become the worldwide leader in networking - transforming how people connect, communicate and collaborate.
Cisco Entrepreneurs in Residence (Cisco EIR) is Cisco’s corporate venturing program that recognizes and supports early-stage entrepreneurs focusing on the Internet of Everything/Things (IoE/IoT), AI/Deep Learning/Big Data, Enterprise Mobility, Cloud, Security and other transformational opportunities. The program provides startups/scaleups with opportunities to build strategic relationships with Cisco Business Units & executives, co-working space, software, financial support and potential strategic funding. Originally launched in Silicon Valley in 2013, Cisco EIR has expanded its presence across the US, Europe and beyond – and has created co-creation and partnership opportunities with Cisco for 27 startups/scaleups from over a half-dozen countries to date, with six more companies poised to join this year.