9 Startups That Caught IBM's Eye - InformationWeek
IoT
IoT
Government // Enterprise Architecture
News
2/14/2012
02:17 PM
Kevin Casey
Kevin Casey
Slideshows
50%
50%

9 Startups That Caught IBM's Eye

With applications for jobs ranging from cancer detection to retail pricing, nine data-driven small and midsize businesses (SMBs) vied for Global Entrepreneur of the Year at IBM's SmartCamp competition.
Previous
1 of 10
Next


How do you turn big data into a big business--and not simply a big headache?

Answering that question was a key theme underpinning IBM's most recent SmartCamp competition, held Jan. 31 to Feb. 2, in Silicon Valley, Calif. Big Blue holds the now-annual series of global events in hopes of discovering entrepreneurs and early stage startups that fit the tech giant's Smarter Planet strategy.

What's in it for the startups? Exposure, for one, to partners, investors, and others with the power and pull to help a small startup turn into a successful, sustainable business. Participants get access to mentoring, technologies, and capital to help bring their innovations to market. There are some bragging rights at stake, too--only one of the regional SmartCamp winners earns IBM's Global Entrepreneur of the Year title, after all. Another company lays claim the power of the people, as determined by online voting. The bottom line? Past SmartCamp winners have attracted more than $50 million in venture capital, according to IBM.

Though a diverse group, the nine finalists for IBM's Global Entrepreneur of the Year award might be summed up in a single word: Data. Specifically, how to mine large amounts of data for real value for a variety of uses. From shopping-cart sensors that track in-store consumer behavior, to monitoring surface water for dangerous toxins, to analyzing traffic patterns--of the old-school, rush-hour variety--these firms look to derive real results from ever-growing amounts of data.

The name of the game: New companies applying cutting-edge technologies to existing problems--and occasionally long-existing problems. That's well-mined terrain for small and midsize businesses (SMBs), and for good reason: Innovation is critical for smaller technology companies. So are the twin traits of speed and agility--something SMBs can carry in greater operational supply than their big business competitors. That's a good thing, considering the giant companies can always outspend them. And sometimes, big and small can find a mutually beneficial common ground--as is the case here.

Read on to learn more about the nine finalists, including the People's Vote and the Global Entrepreneur of the Year winners.

Previous
1 of 10
Next
Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
2017 State of the Cloud Report
As the use of public cloud becomes a given, IT leaders must navigate the transition and advocate for management tools or architectures that allow them to realize the benefits they seek. Download this report to explore the issues and how to best leverage the cloud moving forward.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on InformationWeek.com for the week of November 6, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll