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Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Latest

\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Latest

\n
\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Latest

\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Latest

\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\n
\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Latest

\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Latest

\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Latest

\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Latest

\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Latest

\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Latest

\n
\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\n

VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\n

If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Latest

\n

Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\"\"
The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

\"\"
The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n

Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

\"\"
The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Latest

\n

Continuous Digital Transformation<\/h3>\n\n\n\n

Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

\"\"
The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\n
\"\"
At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

Continuous Digital Transformation<\/h3>\n\n\n\n

Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

\"\"
The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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\n

The co-founder of BIG explained this replicability in his Design Thinking Workshop by stressing that innovation is a \u201cscalable, repeatable process\u201d based on four components: discovery, insights, ideation, and experimentation. Armed with these principles and a clear guideline for implementation, VinTech was able to sharpen their vision for a Vietnamese tech industry capable of rapid, sustained growth.<\/p>\n\n\n\n

\"\"
At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

Continuous Digital Transformation<\/h3>\n\n\n\n

Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

\"\"
The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Latest

\n

VinTech\u2019s program began with an introduction to the history of Silicon Valley at the Stanford University campus. Stanford is one of the most successful schools worldwide in producing company founders, funding student ventures, and facilitating technology transfer \u2013 second only to UC Berkeley, whose groundbreaking Innovation Group (BIG) VinTech heard from too. By exploring these breeding grounds for technological progress, the VinTech executives got a personal taste of the culture that produced Silicon Valley \u2013 and first-hand knowledge of how to go about replicating it.<\/p>\n\n\n\n

The co-founder of BIG explained this replicability in his Design Thinking Workshop by stressing that innovation is a \u201cscalable, repeatable process\u201d based on four components: discovery, insights, ideation, and experimentation. Armed with these principles and a clear guideline for implementation, VinTech was able to sharpen their vision for a Vietnamese tech industry capable of rapid, sustained growth.<\/p>\n\n\n\n

\"\"
At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

Continuous Digital Transformation<\/h3>\n\n\n\n

Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

\"\"
The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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Latest

\n

The Birth of Silicon Valley<\/h3>\n\n\n\n

VinTech\u2019s program began with an introduction to the history of Silicon Valley at the Stanford University campus. Stanford is one of the most successful schools worldwide in producing company founders, funding student ventures, and facilitating technology transfer \u2013 second only to UC Berkeley, whose groundbreaking Innovation Group (BIG) VinTech heard from too. By exploring these breeding grounds for technological progress, the VinTech executives got a personal taste of the culture that produced Silicon Valley \u2013 and first-hand knowledge of how to go about replicating it.<\/p>\n\n\n\n

The co-founder of BIG explained this replicability in his Design Thinking Workshop by stressing that innovation is a \u201cscalable, repeatable process\u201d based on four components: discovery, insights, ideation, and experimentation. Armed with these principles and a clear guideline for implementation, VinTech was able to sharpen their vision for a Vietnamese tech industry capable of rapid, sustained growth.<\/p>\n\n\n\n

\"\"
At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

Continuous Digital Transformation<\/h3>\n\n\n\n

Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

\"\"
The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

\"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

Inspirational Insights<\/h2>\n\n\n\n

As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

Practical Takeaways<\/h2>\n\n\n\n

While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

Experiential Learning<\/h2>\n\n\n\n

In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

Hands-on Experience<\/h2>\n\n\n\n

How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

Experience the Future<\/h2>\n\n\n\n

The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

\u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

Automation in manufacturing<\/h2>\n\n\n\n

While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

\"Tetra
Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

Thinking anew<\/h2>\n\n\n\n

A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

\"Executives
Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

\u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

\u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

Featured companies<\/h2>\n\n\n\n

IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

Search

Latest

\n
  1. To learn how successful companies grow through technological innovation; and<\/li>
  2. To understand how to create cultures, networks, and partnerships that foster such innovation.<\/li><\/ol>\n\n\n\n
    \nhttps:\/\/youtu.be\/NU2wQ44ExBc\n<\/div><\/figure>\n\n\n\n

    The Birth of Silicon Valley<\/h3>\n\n\n\n

    VinTech\u2019s program began with an introduction to the history of Silicon Valley at the Stanford University campus. Stanford is one of the most successful schools worldwide in producing company founders, funding student ventures, and facilitating technology transfer \u2013 second only to UC Berkeley, whose groundbreaking Innovation Group (BIG) VinTech heard from too. By exploring these breeding grounds for technological progress, the VinTech executives got a personal taste of the culture that produced Silicon Valley \u2013 and first-hand knowledge of how to go about replicating it.<\/p>\n\n\n\n

    The co-founder of BIG explained this replicability in his Design Thinking Workshop by stressing that innovation is a \u201cscalable, repeatable process\u201d based on four components: discovery, insights, ideation, and experimentation. Armed with these principles and a clear guideline for implementation, VinTech was able to sharpen their vision for a Vietnamese tech industry capable of rapid, sustained growth.<\/p>\n\n\n\n

    \"\"
    At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

    Continuous Digital Transformation<\/h3>\n\n\n\n

    Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

    The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

    \"\"
    The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

    Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

    Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

    If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

    At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

    Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

    VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

    In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

    \"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

    Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

    \nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

    Inspirational Insights<\/h2>\n\n\n\n

    As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

    Practical Takeaways<\/h2>\n\n\n\n

    While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

    Experiential Learning<\/h2>\n\n\n\n

    In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

    Hands-on Experience<\/h2>\n\n\n\n

    How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

    Experience the Future<\/h2>\n\n\n\n

    The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

    Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

    But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

    Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

    In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

    \u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

    Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

    As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

    Automation in manufacturing<\/h2>\n\n\n\n

    While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

    Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

    \"Tetra
    Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

    \u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

    Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

    As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

    Thinking anew<\/h2>\n\n\n\n

    A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

    This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

    The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

    \"Executives
    Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

    For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

    That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

    \u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

    \u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

    2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

    On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

    SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

    Featured companies<\/h2>\n\n\n\n

    IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

    Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

    TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

    Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

    Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

    QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

    Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

    FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

    FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

    Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

    TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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    \n

    Executives from VinTech came to SVIC for a custom four-day immersion program into the heart of Silicon Valley innovation culture. Their goal is to bring the Silicon Valley model back home in the form of VinTech City \u2013 70 hectares of land in Hanoi that the company hopes will become the cradle of technology in Vietnam. VinTech will build office buildings, data centers, and accommodation to host startups, scientific researchers, tech incubators, and more. Their objectives in visiting Silicon Valley were thus:<\/p>\n\n\n\n

    1. To learn how successful companies grow through technological innovation; and<\/li>
    2. To understand how to create cultures, networks, and partnerships that foster such innovation.<\/li><\/ol>\n\n\n\n
      \nhttps:\/\/youtu.be\/NU2wQ44ExBc\n<\/div><\/figure>\n\n\n\n

      The Birth of Silicon Valley<\/h3>\n\n\n\n

      VinTech\u2019s program began with an introduction to the history of Silicon Valley at the Stanford University campus. Stanford is one of the most successful schools worldwide in producing company founders, funding student ventures, and facilitating technology transfer \u2013 second only to UC Berkeley, whose groundbreaking Innovation Group (BIG) VinTech heard from too. By exploring these breeding grounds for technological progress, the VinTech executives got a personal taste of the culture that produced Silicon Valley \u2013 and first-hand knowledge of how to go about replicating it.<\/p>\n\n\n\n

      The co-founder of BIG explained this replicability in his Design Thinking Workshop by stressing that innovation is a \u201cscalable, repeatable process\u201d based on four components: discovery, insights, ideation, and experimentation. Armed with these principles and a clear guideline for implementation, VinTech was able to sharpen their vision for a Vietnamese tech industry capable of rapid, sustained growth.<\/p>\n\n\n\n

      \"\"
      At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

      Continuous Digital Transformation<\/h3>\n\n\n\n

      Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

      The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

      \"\"
      The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

      Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

      Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

      If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

      At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

      Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

      VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

      In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

      \"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

      Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

      \nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

      Inspirational Insights<\/h2>\n\n\n\n

      As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

      Practical Takeaways<\/h2>\n\n\n\n

      While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

      Experiential Learning<\/h2>\n\n\n\n

      In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

      Hands-on Experience<\/h2>\n\n\n\n

      How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

      Experience the Future<\/h2>\n\n\n\n

      The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

      Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

      But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

      Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

      In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

      \u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

      Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

      As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

      Automation in manufacturing<\/h2>\n\n\n\n

      While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

      Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

      \"Tetra
      Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

      \u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

      Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

      As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

      Thinking anew<\/h2>\n\n\n\n

      A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

      This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

      The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

      \"Executives
      Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

      For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

      That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

      \u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

      \u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

      2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

      On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

      SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

      Featured companies<\/h2>\n\n\n\n

      IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

      Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

      TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

      Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

      Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

      QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

      Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

      FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

      FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

      Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

      TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

      Search

      Latest

      \n

      Embracing new technology is more than a strategic play for Vingroup. The software industry in Vietnam is small but blooming, growing an average of 20-25% per year since 2001, and the traditional sectors in which Vingroup operates are prime targets for technological disruption. By stepping into the tech sector themselves, Vingroup aims to become the leader of a new market and bring their current businesses into the future, all in one fell swoop.<\/p>\n\n\n\n

      Executives from VinTech came to SVIC for a custom four-day immersion program into the heart of Silicon Valley innovation culture. Their goal is to bring the Silicon Valley model back home in the form of VinTech City \u2013 70 hectares of land in Hanoi that the company hopes will become the cradle of technology in Vietnam. VinTech will build office buildings, data centers, and accommodation to host startups, scientific researchers, tech incubators, and more. Their objectives in visiting Silicon Valley were thus:<\/p>\n\n\n\n

      1. To learn how successful companies grow through technological innovation; and<\/li>
      2. To understand how to create cultures, networks, and partnerships that foster such innovation.<\/li><\/ol>\n\n\n\n
        \nhttps:\/\/youtu.be\/NU2wQ44ExBc\n<\/div><\/figure>\n\n\n\n

        The Birth of Silicon Valley<\/h3>\n\n\n\n

        VinTech\u2019s program began with an introduction to the history of Silicon Valley at the Stanford University campus. Stanford is one of the most successful schools worldwide in producing company founders, funding student ventures, and facilitating technology transfer \u2013 second only to UC Berkeley, whose groundbreaking Innovation Group (BIG) VinTech heard from too. By exploring these breeding grounds for technological progress, the VinTech executives got a personal taste of the culture that produced Silicon Valley \u2013 and first-hand knowledge of how to go about replicating it.<\/p>\n\n\n\n

        The co-founder of BIG explained this replicability in his Design Thinking Workshop by stressing that innovation is a \u201cscalable, repeatable process\u201d based on four components: discovery, insights, ideation, and experimentation. Armed with these principles and a clear guideline for implementation, VinTech was able to sharpen their vision for a Vietnamese tech industry capable of rapid, sustained growth.<\/p>\n\n\n\n

        \"\"
        At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

        Continuous Digital Transformation<\/h3>\n\n\n\n

        Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

        The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

        \"\"
        The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

        Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

        Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

        If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

        At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

        Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

        VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

        In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

        \"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

        Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

        \nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

        Inspirational Insights<\/h2>\n\n\n\n

        As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

        Practical Takeaways<\/h2>\n\n\n\n

        While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

        Experiential Learning<\/h2>\n\n\n\n

        In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

        Hands-on Experience<\/h2>\n\n\n\n

        How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

        Experience the Future<\/h2>\n\n\n\n

        The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

        Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

        But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

        Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

        In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

        \u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

        Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

        As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

        Automation in manufacturing<\/h2>\n\n\n\n

        While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

        Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

        \"Tetra
        Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

        \u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

        Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

        As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

        Thinking anew<\/h2>\n\n\n\n

        A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

        This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

        The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

        \"Executives
        Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

        For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

        That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

        \u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

        \u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

        2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

        On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

        SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

        Featured companies<\/h2>\n\n\n\n

        IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

        Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

        TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

        Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

        Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

        QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

        Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

        FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

        FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

        Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

        TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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        Latest

        \n

        Vingroup<\/a>, a leading real estate and retail conglomerate in Vietnam, knows better than most the value of innovation. Founded in 1993 as a dried foods producer, the company expanded rapidly into new industries \u2013 property, healthcare, education, entertainment \u2013 and is now made up of tens of thousands of employees spread across dozens of subsidiaries. The latest of these, VinTech, was launched in August \u2013 and is at the heart of Vingroup\u2019s plan to become an international Technology-Industry-Service group within the next decade.<\/p>\n\n\n\n

        Embracing new technology is more than a strategic play for Vingroup. The software industry in Vietnam is small but blooming, growing an average of 20-25% per year since 2001, and the traditional sectors in which Vingroup operates are prime targets for technological disruption. By stepping into the tech sector themselves, Vingroup aims to become the leader of a new market and bring their current businesses into the future, all in one fell swoop.<\/p>\n\n\n\n

        Executives from VinTech came to SVIC for a custom four-day immersion program into the heart of Silicon Valley innovation culture. Their goal is to bring the Silicon Valley model back home in the form of VinTech City \u2013 70 hectares of land in Hanoi that the company hopes will become the cradle of technology in Vietnam. VinTech will build office buildings, data centers, and accommodation to host startups, scientific researchers, tech incubators, and more. Their objectives in visiting Silicon Valley were thus:<\/p>\n\n\n\n

        1. To learn how successful companies grow through technological innovation; and<\/li>
        2. To understand how to create cultures, networks, and partnerships that foster such innovation.<\/li><\/ol>\n\n\n\n
          \nhttps:\/\/youtu.be\/NU2wQ44ExBc\n<\/div><\/figure>\n\n\n\n

          The Birth of Silicon Valley<\/h3>\n\n\n\n

          VinTech\u2019s program began with an introduction to the history of Silicon Valley at the Stanford University campus. Stanford is one of the most successful schools worldwide in producing company founders, funding student ventures, and facilitating technology transfer \u2013 second only to UC Berkeley, whose groundbreaking Innovation Group (BIG) VinTech heard from too. By exploring these breeding grounds for technological progress, the VinTech executives got a personal taste of the culture that produced Silicon Valley \u2013 and first-hand knowledge of how to go about replicating it.<\/p>\n\n\n\n

          The co-founder of BIG explained this replicability in his Design Thinking Workshop by stressing that innovation is a \u201cscalable, repeatable process\u201d based on four components: discovery, insights, ideation, and experimentation. Armed with these principles and a clear guideline for implementation, VinTech was able to sharpen their vision for a Vietnamese tech industry capable of rapid, sustained growth.<\/p>\n\n\n\n

          \"\"
          At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

          Continuous Digital Transformation<\/h3>\n\n\n\n

          Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

          The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

          \"\"
          The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

          Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

          Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

          If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

          At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

          Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

          VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

          In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

          \"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

          Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

          \nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

          Inspirational Insights<\/h2>\n\n\n\n

          As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

          Practical Takeaways<\/h2>\n\n\n\n

          While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

          Experiential Learning<\/h2>\n\n\n\n

          In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

          Hands-on Experience<\/h2>\n\n\n\n

          How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

          Experience the Future<\/h2>\n\n\n\n

          The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

          Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

          But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

          Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

          In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

          \u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

          Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

          As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

          Automation in manufacturing<\/h2>\n\n\n\n

          While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

          Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

          \"Tetra
          Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

          \u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

          Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

          As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

          Thinking anew<\/h2>\n\n\n\n

          A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

          This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

          The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

          \"Executives
          Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

          For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

          That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

          \u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

          \u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

          2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

          On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

          SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

          Featured companies<\/h2>\n\n\n\n

          IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

          Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

          TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

          Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

          Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

          QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

          Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

          FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

          FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

          Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

          TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

          Search

          Latest

          \n

          There\u2019s a sheer mass of startups focusing on narrow but deep use cases for the various technologies emerging including 5G. With this level of focus, these startups are delivering higher levels of value than let\u2019s say banks, which must focus on a broad set of use cases resulting in generic solutions.<\/p>Sean Lindy, Director of Corporate Innovation at Silicon Valley Innovation Center<\/em><\/cite><\/blockquote>\n","post_title":"Why 5G Will Accelerate the Rate of Innovation of Silicon Valley Startups","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"why-5g-will-accelerate-the-rate-of-innovation-of-silicon-valley-startups","to_ping":"","pinged":"","post_modified":"2020-03-02 08:04:48","post_modified_gmt":"2020-03-02 16:04:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/why-5g-will-accelerate-the-rate-of-innovation-of-silicon-valley-startups\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":612,"post_author":"1","post_date":"2018-11-05 21:40:00","post_date_gmt":"2018-11-06 05:40:00","post_content":"\n

          Vingroup<\/a>, a leading real estate and retail conglomerate in Vietnam, knows better than most the value of innovation. Founded in 1993 as a dried foods producer, the company expanded rapidly into new industries \u2013 property, healthcare, education, entertainment \u2013 and is now made up of tens of thousands of employees spread across dozens of subsidiaries. The latest of these, VinTech, was launched in August \u2013 and is at the heart of Vingroup\u2019s plan to become an international Technology-Industry-Service group within the next decade.<\/p>\n\n\n\n

          Embracing new technology is more than a strategic play for Vingroup. The software industry in Vietnam is small but blooming, growing an average of 20-25% per year since 2001, and the traditional sectors in which Vingroup operates are prime targets for technological disruption. By stepping into the tech sector themselves, Vingroup aims to become the leader of a new market and bring their current businesses into the future, all in one fell swoop.<\/p>\n\n\n\n

          Executives from VinTech came to SVIC for a custom four-day immersion program into the heart of Silicon Valley innovation culture. Their goal is to bring the Silicon Valley model back home in the form of VinTech City \u2013 70 hectares of land in Hanoi that the company hopes will become the cradle of technology in Vietnam. VinTech will build office buildings, data centers, and accommodation to host startups, scientific researchers, tech incubators, and more. Their objectives in visiting Silicon Valley were thus:<\/p>\n\n\n\n

          1. To learn how successful companies grow through technological innovation; and<\/li>
          2. To understand how to create cultures, networks, and partnerships that foster such innovation.<\/li><\/ol>\n\n\n\n
            \nhttps:\/\/youtu.be\/NU2wQ44ExBc\n<\/div><\/figure>\n\n\n\n

            The Birth of Silicon Valley<\/h3>\n\n\n\n

            VinTech\u2019s program began with an introduction to the history of Silicon Valley at the Stanford University campus. Stanford is one of the most successful schools worldwide in producing company founders, funding student ventures, and facilitating technology transfer \u2013 second only to UC Berkeley, whose groundbreaking Innovation Group (BIG) VinTech heard from too. By exploring these breeding grounds for technological progress, the VinTech executives got a personal taste of the culture that produced Silicon Valley \u2013 and first-hand knowledge of how to go about replicating it.<\/p>\n\n\n\n

            The co-founder of BIG explained this replicability in his Design Thinking Workshop by stressing that innovation is a \u201cscalable, repeatable process\u201d based on four components: discovery, insights, ideation, and experimentation. Armed with these principles and a clear guideline for implementation, VinTech was able to sharpen their vision for a Vietnamese tech industry capable of rapid, sustained growth.<\/p>\n\n\n\n

            \"\"
            At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

            Continuous Digital Transformation<\/h3>\n\n\n\n

            Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

            The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

            \"\"
            The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

            Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

            Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

            If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

            At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

            Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

            VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

            In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

            \"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

            Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

            \nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

            Inspirational Insights<\/h2>\n\n\n\n

            As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

            Practical Takeaways<\/h2>\n\n\n\n

            While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

            Experiential Learning<\/h2>\n\n\n\n

            In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

            Hands-on Experience<\/h2>\n\n\n\n

            How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

            Experience the Future<\/h2>\n\n\n\n

            The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

            Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

            But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

            Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

            In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

            \u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

            Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

            As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

            Automation in manufacturing<\/h2>\n\n\n\n

            While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

            Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

            \"Tetra
            Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

            \u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

            Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

            As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

            Thinking anew<\/h2>\n\n\n\n

            A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

            This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

            The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

            \"Executives
            Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

            For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

            That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

            \u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

            \u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

            2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

            On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

            SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

            Featured companies<\/h2>\n\n\n\n

            IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

            Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

            TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

            Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

            Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

            QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

            Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

            FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

            FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

            Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

            TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

            Search

            Latest

            \n

            The low latency, high bandwidth and network slicing features of 5G networks promise to connect companies and Silicon Valley startups, in real time, to users, customers and organizations across the world.<\/p>\n\n\n\n

            There\u2019s a sheer mass of startups focusing on narrow but deep use cases for the various technologies emerging including 5G. With this level of focus, these startups are delivering higher levels of value than let\u2019s say banks, which must focus on a broad set of use cases resulting in generic solutions.<\/p>Sean Lindy, Director of Corporate Innovation at Silicon Valley Innovation Center<\/em><\/cite><\/blockquote>\n","post_title":"Why 5G Will Accelerate the Rate of Innovation of Silicon Valley Startups","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"why-5g-will-accelerate-the-rate-of-innovation-of-silicon-valley-startups","to_ping":"","pinged":"","post_modified":"2020-03-02 08:04:48","post_modified_gmt":"2020-03-02 16:04:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/why-5g-will-accelerate-the-rate-of-innovation-of-silicon-valley-startups\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":612,"post_author":"1","post_date":"2018-11-05 21:40:00","post_date_gmt":"2018-11-06 05:40:00","post_content":"\n

            Vingroup<\/a>, a leading real estate and retail conglomerate in Vietnam, knows better than most the value of innovation. Founded in 1993 as a dried foods producer, the company expanded rapidly into new industries \u2013 property, healthcare, education, entertainment \u2013 and is now made up of tens of thousands of employees spread across dozens of subsidiaries. The latest of these, VinTech, was launched in August \u2013 and is at the heart of Vingroup\u2019s plan to become an international Technology-Industry-Service group within the next decade.<\/p>\n\n\n\n

            Embracing new technology is more than a strategic play for Vingroup. The software industry in Vietnam is small but blooming, growing an average of 20-25% per year since 2001, and the traditional sectors in which Vingroup operates are prime targets for technological disruption. By stepping into the tech sector themselves, Vingroup aims to become the leader of a new market and bring their current businesses into the future, all in one fell swoop.<\/p>\n\n\n\n

            Executives from VinTech came to SVIC for a custom four-day immersion program into the heart of Silicon Valley innovation culture. Their goal is to bring the Silicon Valley model back home in the form of VinTech City \u2013 70 hectares of land in Hanoi that the company hopes will become the cradle of technology in Vietnam. VinTech will build office buildings, data centers, and accommodation to host startups, scientific researchers, tech incubators, and more. Their objectives in visiting Silicon Valley were thus:<\/p>\n\n\n\n

            1. To learn how successful companies grow through technological innovation; and<\/li>
            2. To understand how to create cultures, networks, and partnerships that foster such innovation.<\/li><\/ol>\n\n\n\n
              \nhttps:\/\/youtu.be\/NU2wQ44ExBc\n<\/div><\/figure>\n\n\n\n

              The Birth of Silicon Valley<\/h3>\n\n\n\n

              VinTech\u2019s program began with an introduction to the history of Silicon Valley at the Stanford University campus. Stanford is one of the most successful schools worldwide in producing company founders, funding student ventures, and facilitating technology transfer \u2013 second only to UC Berkeley, whose groundbreaking Innovation Group (BIG) VinTech heard from too. By exploring these breeding grounds for technological progress, the VinTech executives got a personal taste of the culture that produced Silicon Valley \u2013 and first-hand knowledge of how to go about replicating it.<\/p>\n\n\n\n

              The co-founder of BIG explained this replicability in his Design Thinking Workshop by stressing that innovation is a \u201cscalable, repeatable process\u201d based on four components: discovery, insights, ideation, and experimentation. Armed with these principles and a clear guideline for implementation, VinTech was able to sharpen their vision for a Vietnamese tech industry capable of rapid, sustained growth.<\/p>\n\n\n\n

              \"\"
              At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

              Continuous Digital Transformation<\/h3>\n\n\n\n

              Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

              The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

              \"\"
              The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

              Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

              Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

              If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

              At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

              Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

              VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

              In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

              \"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

              Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

              \nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

              Inspirational Insights<\/h2>\n\n\n\n

              As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

              Practical Takeaways<\/h2>\n\n\n\n

              While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

              Experiential Learning<\/h2>\n\n\n\n

              In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

              Hands-on Experience<\/h2>\n\n\n\n

              How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

              Experience the Future<\/h2>\n\n\n\n

              The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

              Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

              But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

              Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

              In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

              \u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

              Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

              As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

              Automation in manufacturing<\/h2>\n\n\n\n

              While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

              Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

              \"Tetra
              Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

              \u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

              Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

              As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

              Thinking anew<\/h2>\n\n\n\n

              A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

              This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

              The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

              \"Executives
              Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

              For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

              That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

              \u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

              \u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

              2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

              On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

              SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

              Featured companies<\/h2>\n\n\n\n

              IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

              Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

              TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

              Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

              Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

              QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

              Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

              FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

              FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

              Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

              TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

              Search

              Latest

              \n

              However, without a network like 5G, such startups would be unable to deploy their innovations, at scale and low cost, to the rest of the world.<\/p>\n\n\n\n

              The low latency, high bandwidth and network slicing features of 5G networks promise to connect companies and Silicon Valley startups, in real time, to users, customers and organizations across the world.<\/p>\n\n\n\n

              There\u2019s a sheer mass of startups focusing on narrow but deep use cases for the various technologies emerging including 5G. With this level of focus, these startups are delivering higher levels of value than let\u2019s say banks, which must focus on a broad set of use cases resulting in generic solutions.<\/p>Sean Lindy, Director of Corporate Innovation at Silicon Valley Innovation Center<\/em><\/cite><\/blockquote>\n","post_title":"Why 5G Will Accelerate the Rate of Innovation of Silicon Valley Startups","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"why-5g-will-accelerate-the-rate-of-innovation-of-silicon-valley-startups","to_ping":"","pinged":"","post_modified":"2020-03-02 08:04:48","post_modified_gmt":"2020-03-02 16:04:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/why-5g-will-accelerate-the-rate-of-innovation-of-silicon-valley-startups\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":612,"post_author":"1","post_date":"2018-11-05 21:40:00","post_date_gmt":"2018-11-06 05:40:00","post_content":"\n

              Vingroup<\/a>, a leading real estate and retail conglomerate in Vietnam, knows better than most the value of innovation. Founded in 1993 as a dried foods producer, the company expanded rapidly into new industries \u2013 property, healthcare, education, entertainment \u2013 and is now made up of tens of thousands of employees spread across dozens of subsidiaries. The latest of these, VinTech, was launched in August \u2013 and is at the heart of Vingroup\u2019s plan to become an international Technology-Industry-Service group within the next decade.<\/p>\n\n\n\n

              Embracing new technology is more than a strategic play for Vingroup. The software industry in Vietnam is small but blooming, growing an average of 20-25% per year since 2001, and the traditional sectors in which Vingroup operates are prime targets for technological disruption. By stepping into the tech sector themselves, Vingroup aims to become the leader of a new market and bring their current businesses into the future, all in one fell swoop.<\/p>\n\n\n\n

              Executives from VinTech came to SVIC for a custom four-day immersion program into the heart of Silicon Valley innovation culture. Their goal is to bring the Silicon Valley model back home in the form of VinTech City \u2013 70 hectares of land in Hanoi that the company hopes will become the cradle of technology in Vietnam. VinTech will build office buildings, data centers, and accommodation to host startups, scientific researchers, tech incubators, and more. Their objectives in visiting Silicon Valley were thus:<\/p>\n\n\n\n

              1. To learn how successful companies grow through technological innovation; and<\/li>
              2. To understand how to create cultures, networks, and partnerships that foster such innovation.<\/li><\/ol>\n\n\n\n
                \nhttps:\/\/youtu.be\/NU2wQ44ExBc\n<\/div><\/figure>\n\n\n\n

                The Birth of Silicon Valley<\/h3>\n\n\n\n

                VinTech\u2019s program began with an introduction to the history of Silicon Valley at the Stanford University campus. Stanford is one of the most successful schools worldwide in producing company founders, funding student ventures, and facilitating technology transfer \u2013 second only to UC Berkeley, whose groundbreaking Innovation Group (BIG) VinTech heard from too. By exploring these breeding grounds for technological progress, the VinTech executives got a personal taste of the culture that produced Silicon Valley \u2013 and first-hand knowledge of how to go about replicating it.<\/p>\n\n\n\n

                The co-founder of BIG explained this replicability in his Design Thinking Workshop by stressing that innovation is a \u201cscalable, repeatable process\u201d based on four components: discovery, insights, ideation, and experimentation. Armed with these principles and a clear guideline for implementation, VinTech was able to sharpen their vision for a Vietnamese tech industry capable of rapid, sustained growth.<\/p>\n\n\n\n

                \"\"
                At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

                Continuous Digital Transformation<\/h3>\n\n\n\n

                Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

                The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

                \"\"
                The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

                Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

                Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

                If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

                At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

                Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

                VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

                In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

                \"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

                Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

                \nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

                Inspirational Insights<\/h2>\n\n\n\n

                As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

                Practical Takeaways<\/h2>\n\n\n\n

                While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

                Experiential Learning<\/h2>\n\n\n\n

                In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

                Hands-on Experience<\/h2>\n\n\n\n

                How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

                Experience the Future<\/h2>\n\n\n\n

                The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

                Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

                But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

                Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

                In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

                \u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

                Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

                As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

                Automation in manufacturing<\/h2>\n\n\n\n

                While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

                Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

                \"Tetra
                Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

                \u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

                Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

                As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

                Thinking anew<\/h2>\n\n\n\n

                A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

                This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

                The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

                \"Executives
                Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

                For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

                That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

                \u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

                \u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

                2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

                On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

                SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

                Featured companies<\/h2>\n\n\n\n

                IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

                Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

                TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

                Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

                Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

                QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

                Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

                FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

                FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

                Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

                TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

                Search

                Latest

                \n

                Startups fuel the growth of innovation. For example, healthtech Silicon Valley startups like Alector, Verge Genomics, and Prellis Biologics are creating new health innovations.<\/p>\n\n\n\n

                However, without a network like 5G, such startups would be unable to deploy their innovations, at scale and low cost, to the rest of the world.<\/p>\n\n\n\n

                The low latency, high bandwidth and network slicing features of 5G networks promise to connect companies and Silicon Valley startups, in real time, to users, customers and organizations across the world.<\/p>\n\n\n\n

                There\u2019s a sheer mass of startups focusing on narrow but deep use cases for the various technologies emerging including 5G. With this level of focus, these startups are delivering higher levels of value than let\u2019s say banks, which must focus on a broad set of use cases resulting in generic solutions.<\/p>Sean Lindy, Director of Corporate Innovation at Silicon Valley Innovation Center<\/em><\/cite><\/blockquote>\n","post_title":"Why 5G Will Accelerate the Rate of Innovation of Silicon Valley Startups","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"why-5g-will-accelerate-the-rate-of-innovation-of-silicon-valley-startups","to_ping":"","pinged":"","post_modified":"2020-03-02 08:04:48","post_modified_gmt":"2020-03-02 16:04:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/why-5g-will-accelerate-the-rate-of-innovation-of-silicon-valley-startups\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":612,"post_author":"1","post_date":"2018-11-05 21:40:00","post_date_gmt":"2018-11-06 05:40:00","post_content":"\n

                Vingroup<\/a>, a leading real estate and retail conglomerate in Vietnam, knows better than most the value of innovation. Founded in 1993 as a dried foods producer, the company expanded rapidly into new industries \u2013 property, healthcare, education, entertainment \u2013 and is now made up of tens of thousands of employees spread across dozens of subsidiaries. The latest of these, VinTech, was launched in August \u2013 and is at the heart of Vingroup\u2019s plan to become an international Technology-Industry-Service group within the next decade.<\/p>\n\n\n\n

                Embracing new technology is more than a strategic play for Vingroup. The software industry in Vietnam is small but blooming, growing an average of 20-25% per year since 2001, and the traditional sectors in which Vingroup operates are prime targets for technological disruption. By stepping into the tech sector themselves, Vingroup aims to become the leader of a new market and bring their current businesses into the future, all in one fell swoop.<\/p>\n\n\n\n

                Executives from VinTech came to SVIC for a custom four-day immersion program into the heart of Silicon Valley innovation culture. Their goal is to bring the Silicon Valley model back home in the form of VinTech City \u2013 70 hectares of land in Hanoi that the company hopes will become the cradle of technology in Vietnam. VinTech will build office buildings, data centers, and accommodation to host startups, scientific researchers, tech incubators, and more. Their objectives in visiting Silicon Valley were thus:<\/p>\n\n\n\n

                1. To learn how successful companies grow through technological innovation; and<\/li>
                2. To understand how to create cultures, networks, and partnerships that foster such innovation.<\/li><\/ol>\n\n\n\n
                  \nhttps:\/\/youtu.be\/NU2wQ44ExBc\n<\/div><\/figure>\n\n\n\n

                  The Birth of Silicon Valley<\/h3>\n\n\n\n

                  VinTech\u2019s program began with an introduction to the history of Silicon Valley at the Stanford University campus. Stanford is one of the most successful schools worldwide in producing company founders, funding student ventures, and facilitating technology transfer \u2013 second only to UC Berkeley, whose groundbreaking Innovation Group (BIG) VinTech heard from too. By exploring these breeding grounds for technological progress, the VinTech executives got a personal taste of the culture that produced Silicon Valley \u2013 and first-hand knowledge of how to go about replicating it.<\/p>\n\n\n\n

                  The co-founder of BIG explained this replicability in his Design Thinking Workshop by stressing that innovation is a \u201cscalable, repeatable process\u201d based on four components: discovery, insights, ideation, and experimentation. Armed with these principles and a clear guideline for implementation, VinTech was able to sharpen their vision for a Vietnamese tech industry capable of rapid, sustained growth.<\/p>\n\n\n\n

                  \"\"
                  At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

                  Continuous Digital Transformation<\/h3>\n\n\n\n

                  Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

                  The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

                  \"\"
                  The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

                  Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

                  Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

                  If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

                  At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

                  Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

                  VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

                  In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

                  \"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

                  Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

                  \nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

                  Inspirational Insights<\/h2>\n\n\n\n

                  As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

                  Practical Takeaways<\/h2>\n\n\n\n

                  While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

                  Experiential Learning<\/h2>\n\n\n\n

                  In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

                  Hands-on Experience<\/h2>\n\n\n\n

                  How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

                  Experience the Future<\/h2>\n\n\n\n

                  The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

                  Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

                  But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

                  Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

                  In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

                  \u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

                  Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

                  As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

                  Automation in manufacturing<\/h2>\n\n\n\n

                  While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

                  Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

                  \"Tetra
                  Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

                  \u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

                  Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

                  As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

                  Thinking anew<\/h2>\n\n\n\n

                  A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

                  This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

                  The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

                  \"Executives
                  Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

                  For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

                  That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

                  \u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

                  \u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

                  2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

                  On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

                  SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

                  Featured companies<\/h2>\n\n\n\n

                  IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

                  Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

                  TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

                  Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

                  Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

                  QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

                  Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

                  FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

                  FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

                  Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

                  TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

                  Search

                  Latest

                  \n

                  5G + Silicon Valley Startups = Global Innovation<\/h2>\n\n\n\n

                  Startups fuel the growth of innovation. For example, healthtech Silicon Valley startups like Alector, Verge Genomics, and Prellis Biologics are creating new health innovations.<\/p>\n\n\n\n

                  However, without a network like 5G, such startups would be unable to deploy their innovations, at scale and low cost, to the rest of the world.<\/p>\n\n\n\n

                  The low latency, high bandwidth and network slicing features of 5G networks promise to connect companies and Silicon Valley startups, in real time, to users, customers and organizations across the world.<\/p>\n\n\n\n

                  There\u2019s a sheer mass of startups focusing on narrow but deep use cases for the various technologies emerging including 5G. With this level of focus, these startups are delivering higher levels of value than let\u2019s say banks, which must focus on a broad set of use cases resulting in generic solutions.<\/p>Sean Lindy, Director of Corporate Innovation at Silicon Valley Innovation Center<\/em><\/cite><\/blockquote>\n","post_title":"Why 5G Will Accelerate the Rate of Innovation of Silicon Valley Startups","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"why-5g-will-accelerate-the-rate-of-innovation-of-silicon-valley-startups","to_ping":"","pinged":"","post_modified":"2020-03-02 08:04:48","post_modified_gmt":"2020-03-02 16:04:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/why-5g-will-accelerate-the-rate-of-innovation-of-silicon-valley-startups\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":612,"post_author":"1","post_date":"2018-11-05 21:40:00","post_date_gmt":"2018-11-06 05:40:00","post_content":"\n

                  Vingroup<\/a>, a leading real estate and retail conglomerate in Vietnam, knows better than most the value of innovation. Founded in 1993 as a dried foods producer, the company expanded rapidly into new industries \u2013 property, healthcare, education, entertainment \u2013 and is now made up of tens of thousands of employees spread across dozens of subsidiaries. The latest of these, VinTech, was launched in August \u2013 and is at the heart of Vingroup\u2019s plan to become an international Technology-Industry-Service group within the next decade.<\/p>\n\n\n\n

                  Embracing new technology is more than a strategic play for Vingroup. The software industry in Vietnam is small but blooming, growing an average of 20-25% per year since 2001, and the traditional sectors in which Vingroup operates are prime targets for technological disruption. By stepping into the tech sector themselves, Vingroup aims to become the leader of a new market and bring their current businesses into the future, all in one fell swoop.<\/p>\n\n\n\n

                  Executives from VinTech came to SVIC for a custom four-day immersion program into the heart of Silicon Valley innovation culture. Their goal is to bring the Silicon Valley model back home in the form of VinTech City \u2013 70 hectares of land in Hanoi that the company hopes will become the cradle of technology in Vietnam. VinTech will build office buildings, data centers, and accommodation to host startups, scientific researchers, tech incubators, and more. Their objectives in visiting Silicon Valley were thus:<\/p>\n\n\n\n

                  1. To learn how successful companies grow through technological innovation; and<\/li>
                  2. To understand how to create cultures, networks, and partnerships that foster such innovation.<\/li><\/ol>\n\n\n\n
                    \nhttps:\/\/youtu.be\/NU2wQ44ExBc\n<\/div><\/figure>\n\n\n\n

                    The Birth of Silicon Valley<\/h3>\n\n\n\n

                    VinTech\u2019s program began with an introduction to the history of Silicon Valley at the Stanford University campus. Stanford is one of the most successful schools worldwide in producing company founders, funding student ventures, and facilitating technology transfer \u2013 second only to UC Berkeley, whose groundbreaking Innovation Group (BIG) VinTech heard from too. By exploring these breeding grounds for technological progress, the VinTech executives got a personal taste of the culture that produced Silicon Valley \u2013 and first-hand knowledge of how to go about replicating it.<\/p>\n\n\n\n

                    The co-founder of BIG explained this replicability in his Design Thinking Workshop by stressing that innovation is a \u201cscalable, repeatable process\u201d based on four components: discovery, insights, ideation, and experimentation. Armed with these principles and a clear guideline for implementation, VinTech was able to sharpen their vision for a Vietnamese tech industry capable of rapid, sustained growth.<\/p>\n\n\n\n

                    \"\"
                    At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

                    Continuous Digital Transformation<\/h3>\n\n\n\n

                    Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

                    The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

                    \"\"
                    The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

                    Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

                    Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

                    If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

                    At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

                    Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

                    VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

                    In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

                    \"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

                    Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

                    \nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

                    Inspirational Insights<\/h2>\n\n\n\n

                    As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

                    Practical Takeaways<\/h2>\n\n\n\n

                    While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

                    Experiential Learning<\/h2>\n\n\n\n

                    In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

                    Hands-on Experience<\/h2>\n\n\n\n

                    How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

                    Experience the Future<\/h2>\n\n\n\n

                    The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

                    Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

                    But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

                    Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

                    In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

                    \u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

                    Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

                    As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

                    Automation in manufacturing<\/h2>\n\n\n\n

                    While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

                    Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

                    \"Tetra
                    Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

                    \u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

                    Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

                    As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

                    Thinking anew<\/h2>\n\n\n\n

                    A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

                    This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

                    The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

                    \"Executives
                    Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

                    For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

                    That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

                    \u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

                    \u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

                    2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

                    On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

                    SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

                    Featured companies<\/h2>\n\n\n\n

                    IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

                    Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

                    TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

                    Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

                    Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

                    QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

                    Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

                    FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

                    FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

                    Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

                    TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

                    Search

                    Latest

                    \n

                    One rapidly advancing technology is AI. AI uses large data sets to come up with novel opportunities and decisions through massive computing power. To more ubiquitously implement such AI applications, 5G is necessary to allow the movement of massive amounts of data and support real-time decision making.<\/p>Sean Lindy, Director of Corporate Innovation at Silicon Valley Innovation Center<\/em><\/cite><\/blockquote>\n\n\n\n

                    5G + Silicon Valley Startups = Global Innovation<\/h2>\n\n\n\n

                    Startups fuel the growth of innovation. For example, healthtech Silicon Valley startups like Alector, Verge Genomics, and Prellis Biologics are creating new health innovations.<\/p>\n\n\n\n

                    However, without a network like 5G, such startups would be unable to deploy their innovations, at scale and low cost, to the rest of the world.<\/p>\n\n\n\n

                    The low latency, high bandwidth and network slicing features of 5G networks promise to connect companies and Silicon Valley startups, in real time, to users, customers and organizations across the world.<\/p>\n\n\n\n

                    There\u2019s a sheer mass of startups focusing on narrow but deep use cases for the various technologies emerging including 5G. With this level of focus, these startups are delivering higher levels of value than let\u2019s say banks, which must focus on a broad set of use cases resulting in generic solutions.<\/p>Sean Lindy, Director of Corporate Innovation at Silicon Valley Innovation Center<\/em><\/cite><\/blockquote>\n","post_title":"Why 5G Will Accelerate the Rate of Innovation of Silicon Valley Startups","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"why-5g-will-accelerate-the-rate-of-innovation-of-silicon-valley-startups","to_ping":"","pinged":"","post_modified":"2020-03-02 08:04:48","post_modified_gmt":"2020-03-02 16:04:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/why-5g-will-accelerate-the-rate-of-innovation-of-silicon-valley-startups\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":612,"post_author":"1","post_date":"2018-11-05 21:40:00","post_date_gmt":"2018-11-06 05:40:00","post_content":"\n

                    Vingroup<\/a>, a leading real estate and retail conglomerate in Vietnam, knows better than most the value of innovation. Founded in 1993 as a dried foods producer, the company expanded rapidly into new industries \u2013 property, healthcare, education, entertainment \u2013 and is now made up of tens of thousands of employees spread across dozens of subsidiaries. The latest of these, VinTech, was launched in August \u2013 and is at the heart of Vingroup\u2019s plan to become an international Technology-Industry-Service group within the next decade.<\/p>\n\n\n\n

                    Embracing new technology is more than a strategic play for Vingroup. The software industry in Vietnam is small but blooming, growing an average of 20-25% per year since 2001, and the traditional sectors in which Vingroup operates are prime targets for technological disruption. By stepping into the tech sector themselves, Vingroup aims to become the leader of a new market and bring their current businesses into the future, all in one fell swoop.<\/p>\n\n\n\n

                    Executives from VinTech came to SVIC for a custom four-day immersion program into the heart of Silicon Valley innovation culture. Their goal is to bring the Silicon Valley model back home in the form of VinTech City \u2013 70 hectares of land in Hanoi that the company hopes will become the cradle of technology in Vietnam. VinTech will build office buildings, data centers, and accommodation to host startups, scientific researchers, tech incubators, and more. Their objectives in visiting Silicon Valley were thus:<\/p>\n\n\n\n

                    1. To learn how successful companies grow through technological innovation; and<\/li>
                    2. To understand how to create cultures, networks, and partnerships that foster such innovation.<\/li><\/ol>\n\n\n\n
                      \nhttps:\/\/youtu.be\/NU2wQ44ExBc\n<\/div><\/figure>\n\n\n\n

                      The Birth of Silicon Valley<\/h3>\n\n\n\n

                      VinTech\u2019s program began with an introduction to the history of Silicon Valley at the Stanford University campus. Stanford is one of the most successful schools worldwide in producing company founders, funding student ventures, and facilitating technology transfer \u2013 second only to UC Berkeley, whose groundbreaking Innovation Group (BIG) VinTech heard from too. By exploring these breeding grounds for technological progress, the VinTech executives got a personal taste of the culture that produced Silicon Valley \u2013 and first-hand knowledge of how to go about replicating it.<\/p>\n\n\n\n

                      The co-founder of BIG explained this replicability in his Design Thinking Workshop by stressing that innovation is a \u201cscalable, repeatable process\u201d based on four components: discovery, insights, ideation, and experimentation. Armed with these principles and a clear guideline for implementation, VinTech was able to sharpen their vision for a Vietnamese tech industry capable of rapid, sustained growth.<\/p>\n\n\n\n

                      \"\"
                      At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

                      Continuous Digital Transformation<\/h3>\n\n\n\n

                      Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

                      The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

                      \"\"
                      The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

                      Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

                      Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

                      If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

                      At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

                      Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

                      VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

                      In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

                      \"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

                      Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

                      \nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

                      Inspirational Insights<\/h2>\n\n\n\n

                      As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

                      Practical Takeaways<\/h2>\n\n\n\n

                      While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

                      Experiential Learning<\/h2>\n\n\n\n

                      In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

                      Hands-on Experience<\/h2>\n\n\n\n

                      How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

                      Experience the Future<\/h2>\n\n\n\n

                      The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

                      Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

                      But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

                      Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

                      In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

                      \u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

                      Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

                      As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

                      Automation in manufacturing<\/h2>\n\n\n\n

                      While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

                      Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

                      \"Tetra
                      Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

                      \u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

                      Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

                      As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

                      Thinking anew<\/h2>\n\n\n\n

                      A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

                      This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

                      The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

                      \"Executives
                      Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

                      For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

                      That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

                      \u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

                      \u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

                      2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

                      On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

                      SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

                      Featured companies<\/h2>\n\n\n\n

                      IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

                      Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

                      TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

                      Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

                      Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

                      QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

                      Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

                      FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

                      FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

                      Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

                      TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

                      Search

                      Latest

                      \n

                      This feature will also allow network providers to deploy 5G faster and cheaper through use case-based deployments.<\/p>\n\n\n\n

                      One rapidly advancing technology is AI. AI uses large data sets to come up with novel opportunities and decisions through massive computing power. To more ubiquitously implement such AI applications, 5G is necessary to allow the movement of massive amounts of data and support real-time decision making.<\/p>Sean Lindy, Director of Corporate Innovation at Silicon Valley Innovation Center<\/em><\/cite><\/blockquote>\n\n\n\n

                      5G + Silicon Valley Startups = Global Innovation<\/h2>\n\n\n\n

                      Startups fuel the growth of innovation. For example, healthtech Silicon Valley startups like Alector, Verge Genomics, and Prellis Biologics are creating new health innovations.<\/p>\n\n\n\n

                      However, without a network like 5G, such startups would be unable to deploy their innovations, at scale and low cost, to the rest of the world.<\/p>\n\n\n\n

                      The low latency, high bandwidth and network slicing features of 5G networks promise to connect companies and Silicon Valley startups, in real time, to users, customers and organizations across the world.<\/p>\n\n\n\n

                      There\u2019s a sheer mass of startups focusing on narrow but deep use cases for the various technologies emerging including 5G. With this level of focus, these startups are delivering higher levels of value than let\u2019s say banks, which must focus on a broad set of use cases resulting in generic solutions.<\/p>Sean Lindy, Director of Corporate Innovation at Silicon Valley Innovation Center<\/em><\/cite><\/blockquote>\n","post_title":"Why 5G Will Accelerate the Rate of Innovation of Silicon Valley Startups","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"why-5g-will-accelerate-the-rate-of-innovation-of-silicon-valley-startups","to_ping":"","pinged":"","post_modified":"2020-03-02 08:04:48","post_modified_gmt":"2020-03-02 16:04:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/why-5g-will-accelerate-the-rate-of-innovation-of-silicon-valley-startups\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":612,"post_author":"1","post_date":"2018-11-05 21:40:00","post_date_gmt":"2018-11-06 05:40:00","post_content":"\n

                      Vingroup<\/a>, a leading real estate and retail conglomerate in Vietnam, knows better than most the value of innovation. Founded in 1993 as a dried foods producer, the company expanded rapidly into new industries \u2013 property, healthcare, education, entertainment \u2013 and is now made up of tens of thousands of employees spread across dozens of subsidiaries. The latest of these, VinTech, was launched in August \u2013 and is at the heart of Vingroup\u2019s plan to become an international Technology-Industry-Service group within the next decade.<\/p>\n\n\n\n

                      Embracing new technology is more than a strategic play for Vingroup. The software industry in Vietnam is small but blooming, growing an average of 20-25% per year since 2001, and the traditional sectors in which Vingroup operates are prime targets for technological disruption. By stepping into the tech sector themselves, Vingroup aims to become the leader of a new market and bring their current businesses into the future, all in one fell swoop.<\/p>\n\n\n\n

                      Executives from VinTech came to SVIC for a custom four-day immersion program into the heart of Silicon Valley innovation culture. Their goal is to bring the Silicon Valley model back home in the form of VinTech City \u2013 70 hectares of land in Hanoi that the company hopes will become the cradle of technology in Vietnam. VinTech will build office buildings, data centers, and accommodation to host startups, scientific researchers, tech incubators, and more. Their objectives in visiting Silicon Valley were thus:<\/p>\n\n\n\n

                      1. To learn how successful companies grow through technological innovation; and<\/li>
                      2. To understand how to create cultures, networks, and partnerships that foster such innovation.<\/li><\/ol>\n\n\n\n
                        \nhttps:\/\/youtu.be\/NU2wQ44ExBc\n<\/div><\/figure>\n\n\n\n

                        The Birth of Silicon Valley<\/h3>\n\n\n\n

                        VinTech\u2019s program began with an introduction to the history of Silicon Valley at the Stanford University campus. Stanford is one of the most successful schools worldwide in producing company founders, funding student ventures, and facilitating technology transfer \u2013 second only to UC Berkeley, whose groundbreaking Innovation Group (BIG) VinTech heard from too. By exploring these breeding grounds for technological progress, the VinTech executives got a personal taste of the culture that produced Silicon Valley \u2013 and first-hand knowledge of how to go about replicating it.<\/p>\n\n\n\n

                        The co-founder of BIG explained this replicability in his Design Thinking Workshop by stressing that innovation is a \u201cscalable, repeatable process\u201d based on four components: discovery, insights, ideation, and experimentation. Armed with these principles and a clear guideline for implementation, VinTech was able to sharpen their vision for a Vietnamese tech industry capable of rapid, sustained growth.<\/p>\n\n\n\n

                        \"\"
                        At the UC Berkeley Innovation Group campus, the VinTech executives get a hands-on lesson in practical design thinking.<\/figcaption><\/figure><\/div>\n\n\n\n

                        Continuous Digital Transformation<\/h3>\n\n\n\n

                        Learning how to start innovating is one thing; learning how to stay <\/i>innovative is quite another. To understand how some of the world\u2019s biggest tech companies continue to transform in the face of corporate inertia, VinTech visited the campuses of giants like Google, Apple, and Facebook.<\/p>\n\n\n\n

                        The Engineering Director at Google shared one secret to sustaining innovation: empowering employees. Because VinTech plans to help develop 100,000 engineers over the next decade, this part of the program was of particular help. The executives wanted to know what to look for in new hires to maintain a lean company culture, as well as how to differentiate between employee incompetence and mistakes made in the pursuit of progress. Understanding the difference between structural weaknesses and teachable failures is a crucial tenet of the agile philosophy that allows Google to fail fast and follow success.<\/p>\n\n\n\n

                        \"\"
                        The VinTech team hears about the \"double loop\" technique that lets companies like Google and Facebook stay lean and learn fast.<\/figcaption><\/figure><\/div>\n\n\n\n

                        Later in the program, VinTech heard from the Principal Engineer of Cisco\u2019s Strategic Innovation Group on their digital transformation journey<\/a>. Cisco \u2013 ancient by tech industry standards, founded in 1984 \u2013 has had to pivot from one networking technology to another to stay relevant in a constantly shifting landscape. In the Internet of Everything era, they run Innovation Centers designed to help them stay ahead of the game. The VinTech executives learned about Cisco\u2019s process for generating ideas and asked about the financial, temporal, and labor costs of constant iteration. As the success of Cisco and Silicon Valley implies, the price is worth it. In learning how to anticipate and calculate them, VinTech can now build the cost of innovation directly into their models for a new industry.<\/p>\n\n\n\n

                        Strategic Partnerships to Accelerate Growth<\/h3>\n\n\n\n

                        If innovation in one company is worth the price, innovation across many companies is worth a fortune. VinTech had the opportunity to visit startup accelerators, venture funds, and corporate innovation consultancies committed to bringing the benefits of Silicon Valley worldwide. The executives learned about the latest ideas being used to leverage emerging global networks of multi-industry partnerships. Developing local accelerators and partnering with international companies is an untapped opportunity in Asia and a central part of VinTech\u2019s plans to jumpstart the Vietnamese tech industry.<\/p>\n\n\n\n

                        At RocketSpace, one such international start-up accelerator that provides velocity (\u201cboth speed and direction\u201d) to companies of all shapes and sizes, VinTech learned that a foundation of open collaboration is a fast track to the future. The founder of RocketSpace shared how his company brings entrepreneurs, startups, and corporate professionals together to capitalize on multiple threads of innovation at once. VinTech took away valuable lessons in fostering collaboration within their industry \u2013 and a potential partnership of their own with RocketSpace, with which they secured another meeting.<\/p>\n\n\n\n

                        Taking Silicon Valley Innovation to Heart \u2013 and Hanoi<\/h3>\n\n\n\n

                        VinTech came to SVIC looking to understand what makes the Silicon Valley ecosystem thrive. They wanted to understand the cultures and values that have produced so many successful companies, and \u2013 more importantly \u2013 the tools, techniques, methodologies, and people that allow these companies to continue to grow and shape the world economy. VinTech executives learned how to create and foster a culture of innovation, collaboration, and employee empowerment even as companies scale. They went back to Vietnam with valuable networking experience and new international colleagues, first-hand impressions of successful company cultures, and a potential partnership in RocketSpace.<\/p>\n\n\n\n

                        In-depth, up-front experience of Silicon Valley innovation through SVIC has primed VinTech to hit the ground running with their creation of a leading international tech industry in Vietnam. As Vingroup\u2019s Deputy General Director Nguy?n Vi?t Quang noted at the signing ceremony for VinTech: \u201cThis is our destiny.\u201d One facet of Silicon Valley culture where no extra guidance is needed: ambition.<\/p>\n\n\n\n

                        \"Navigating<\/a><\/figure><\/div>\n","post_title":"Vingroup Jumpstarts Vietnamese Tech Industry with Silicon Valley Innovation","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/vingroup-jumpstarts-vietnamese-tech-industry-with-silicon-valley-innovation\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":644,"post_author":"1","post_date":"2018-09-20 14:43:00","post_date_gmt":"2018-09-20 21:43:00","post_content":"\n

                        Over the past decade, Silicon Valley has become the epicenter of disruptive innovation not only in the United States but the world. With the highest concentration of tech startups in the world, the area has become a prime destination for those seeking to start disruptive startups and those seeking to work in or invest in such startups. This influx of world-class talent and venture capital continues to accelerate growth in the number of disruptive innovations and startups in Silicon Valley. Participants interested in infusing this disruptive startup DNA into their businesses can benefit greatly from experiencing the Silicon Valley ecosystem firsthand. Silicon Valley Innovation Center Silicon Valley Tech Tour provides just this firsthand experience.<\/p>\n\n\n\n

                        \nhttps:\/\/youtu.be\/buA82QYNnWc\n<\/div><\/figure>\n\n\n\n

                        Inspirational Insights<\/h2>\n\n\n\n

                        As an ecosystem optimized for innovation, Silicon Valley acts as a virtuous cycle that allows for the rapid advancement of ideas over short periods of time. Most of these innovations take months to years to diffuse into mainstream applications, by which time startups in Silicon Valley have achieved a massive competitive advantage that incumbents struggle to surmount. Through the immersive Silicon Valley Tech Tour, participants gain exposure to these leading-edge insights on emerging innovations and how they may apply to their specific industries. These insights offer a key advantage to participants returning to faceoff with competitors who may not have similar insights.<\/p>\n\n\n\n

                        Practical Takeaways<\/h2>\n\n\n\n

                        While anyone can indirectly experience Silicon Valley\u2019s innovations through a news website or some other online channel, experiencing these innovations in person provides practical and personalized takeaways that create a lasting impression. For instance, anyone can tour the Googleplex through Google Maps. However, walking through the Googleplex in person is an altogether different and outlook-altering experience. Also, reading about how the Oculus works and putting one on and using it provides markedly different takeaways for those involved. Participants taking the Silicon Valley Tech Tour have access to these and other technologies spanning robotics, artificial intelligence, drones, and others, exiting the tour with practical takeaways of how these technologies can impact their businesses and the industries they operate in.<\/p>\n\n\n\n

                        Experiential Learning<\/h2>\n\n\n\n

                        In Silicon Valley, failure is almost as important as success. Many successful Silicon Valley startup founders wear their failures as a badge of honor. This mindset coupled with an insatiable quest for disruptive innovation is what makes Silicon Valley such a unique destination for participants interested in understanding how disruptive innovation works. Take the story of Instagram, for example. Founders Kevin Systrom and Mike Krieger built multiple apps that failed before succeeding with Instagram. Another company that had a string of failures before succeeding is the gaming company Zynga, maker of Farmville and Word with Friends. Understanding how such a failure-tolerant culture works is at the heart of the Silicon Valley Tech tour.<\/p>\n\n\n\n

                        Hands-on Experience<\/h2>\n\n\n\n

                        How will VR affect the health industry? What capabilities and possibilities do advancements in robotics and AI hold when it comes to the future of manufacturing? These are difficult questions to answer without necessary hands-on experience with these technologies. While others are trying to visualize how these technologies work, forward-thinking participants know that interacting with these technologies firsthand is the best way to internalize how they work and find applications within specific business cases. Such interactions are a standard fixture on the Silicon Valley Tech Tour where participants get to experience VR, AI, drones, robotics and other cutting-edge technologies.<\/p>\n\n\n\n

                        Experience the Future<\/h2>\n\n\n\n

                        The Silicon Valley Tech tour is designed to give participants a first-hand immersive and transformative experience of what makes Silicon Valley so innovative. By interacting with Silicon Valley entrepreneurs, startups, and disruptive technologies, participants can take home key insights that can help develop and accelerate disruptive innovations within their businesses.<\/p>\n","post_title":"Silicon Valley Tech Tours","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"silicon-valley-tech-tours","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/silicon-valley-tech-tours\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":674,"post_author":"1","post_date":"2018-07-29 21:14:00","post_date_gmt":"2018-07-30 04:14:00","post_content":"\n

                        Food packaging manufacturer Tetra Pak describes innovation as \u201ca mainstay\u201d of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak\u2019s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an \u201copen-door policy\u201d for inventors who want to submit projects for assessment and possible development and support from the company.<\/p>\n\n\n\n

                        But Tetra Pak does not stop there. A vital part of Tetra Pak\u2019s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level delegations from Tetra Pak\u2019s China office came to the tech hub of Silicon Valley to experience our immersion programs.<\/p>\n\n\n\n

                        Tetra Pak wanted its executives to see the latest technologies at work as well as learn about the mindset of the entrepreneur. Thinking like an entrepreneur means being committed to rapid experimentation and inexpensive prototyping of new products. It requires pivoting into new directions when things go wrong. For big, established companies doing those things can be a challenge.<\/p>\n\n\n\n

                        In a presentation, Johan Nilsson, vice president of services and quality, explains that the success of Tetra Pak\u2019s digital journey depends to a large extent on increasing understanding within the company of the capabilities of today\u2019s technologies.<\/p>\n\n\n\n

                        \u201cOur experience is that our imagination of what can be done is the biggest hindrance,\u201d he said. \u201cWe don\u2019t understand these technologies well enough. So we can imagine certain things, but with AI and these types of technologies you just have to take away a lot of these boundaries you have.<\/p>\n\n\n\n

                        Things that you could not imagine before are all of a sudden possible. So how you create this open mind to imagining things working differently is very important.<\/p><\/blockquote>\n\n\n\n

                        As the Tetra Pak executives found out, there is nothing better to open the mind to the world of digital possibilities than a trip to Silicon Valley.<\/p>\n\n\n\n

                        Automation in manufacturing<\/h2>\n\n\n\n

                        While in Silicon Valley Tetra Pak\u2019s teams took a Tesla test drive and also visited the carmaker\u2019s factory. Among the world\u2019s most advanced automotive plants, the Tesla factory is the workplace of some 3,000 employees. It also houses 160 robots which handle a variety of tasks: from painting cars to installing windshields. One of Tesla\u2019s priorities is For Tesla, to use using machines in ever more sophisticated ways to build vehicles. is a priority. As Gilbert Passin<\/a>, the company\u2019s vice president of manufacturing, has said: \u201cWe constantly try to improve process efficiency. We want to push the boundaries of what can be done by robots versus humans. It\u2019s a constant evolution.\u201d <\/p>\n\n\n\n

                        Seeing Tesla\u2019s facilities opened the eyes of the Tetra Pak executives to the full potential of automation in manufacturing. This was of value to them because although Tetra Pak has already taken steps on the path toward digital transformation, it admits that, just like its industry as a whole, it still has some way to go.<\/p>\n\n\n\n

                        \"Tetra
                        Tetra Pak executives gather for a group photo around a Tesla car. The group toured the Tesla factory as part of their SVIC immersion program.<\/figcaption><\/figure><\/div>\n\n\n\n

                        \u201cLooking at different industries and the extent to which digitalization is embedded in them...we see that food and beverage is pretty far down on the list,\u201d says Nilsson.<\/p>\n\n\n\n

                        Visiting the Tesla factory tied in with Tetra Pak\u2019s ongoing aim to learn from others as a means to accelerate its own transformation and improve the overall situation in its industry.<\/p>\n\n\n\n

                        As the company\u2019s global director for digitalization Ilker Gunder explains, \u201cIn the context of the food and beverage industry there\u2019s a huge opportunity for us. It\u2019s all about learning and benchmarking and partnering with others who have done the journey. It\u2019s about taking the learnings from other industries and bringing them into our context.\u201d<\/p>\n\n\n\n

                        Thinking anew<\/h2>\n\n\n\n

                        A big part of Tetra Pak\u2019s digital strategy is to engage its workforce on the transformation journey. That includes top management, which is why apart from seeing the practical applications of robotics at Tesla, Tetra Pak\u2019s SVIC immersion program also focused on cultivating an entrepreneurial mindset.<\/p>\n\n\n\n

                        This was the key theme of visits to Airbnb, Google and Facebook, although the executives did also learn about each company\u2019s unique products and services. But the overarching goal was to understand how these tech giants nurture and maintain innovative corporate cultures, and how this upholds their strong market positions.<\/p>\n\n\n\n

                        The view that a company\u2019s culture is crucial to its ability to adapt and therefore sustain success over time has been well expressed by Airbnb CEO and co-founder Brian Chesky, who writes in a blog post<\/a>, \u201cculture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.\u201d<\/p>\n\n\n\n

                        \"Executives
                        Executives from Tetra Pak's China office listen in to a presentation at SVIC as part of their immersion program in Silicon Valley.<\/figcaption><\/figure><\/div>\n\n\n\n

                        For the Tetra Pak executives, seeing intrapreneurship - entrepreneurship applied within a company -  at Airbnb, Google and Facebook gave them the blueprints to apply that thinking to their own teams.<\/p>\n\n\n\n

                        That feeds into Tetra Pak\u2019s goal as an organization to change the mindset of its employees so they become independent innovators, invested in making digital transformation happen. And that, in the end, is just as important - if not more so - than buying up a hot startup or technology.<\/p>\n\n\n\n

                        \u201cThis is a fun and exciting journey,\u201d says Nilsson. \u201cYou are creating the future. When you get that combination right it\u2019s very easy to engage people in the journey.<\/p>\n\n\n\n

                        \u201cPeople love to do these things and very often that\u2019s the best way of getting real, tangible results out of using technology: when people embrace it and do it themselves.\u201d<\/p>\n","post_title":"Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/tetra-pak-in-silicon-valley-robotics-and-the-mindset-of-the-entrepreneur\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":796,"post_author":"1","post_date":"2018-02-09 23:02:00","post_date_gmt":"2018-02-10 07:02:00","post_content":"\n

                        2017 American Unicorn Recap!<\/p>\n","post_title":"American Startups That Became Unicorns in 2017","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"american-startups-that-became-unicorns-in-2017","to_ping":"","pinged":"","post_modified":"2019-12-27 20:45:15","post_modified_gmt":"2019-12-28 04:45:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/blog\/american-startups-that-became-unicorns-in-2017\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6047,"post_author":"1","post_date":"2016-08-04 23:17:00","post_date_gmt":"2016-08-05 06:17:00","post_content":"\n

                        On Wednesday, June 15th, Silicon Valley Innovation Center (SVIC) hosted the executive team from TeamViewer<\/a>. Launched in 2005, TeamViewer is one of the worldwide leading solutions for desktop sharing and online collaboration over the Internet, growing to 600+ employees across Germany, USA, Australia, UK, and Armenia, with $25M in annual revenue.<\/p>\n\n\n\n

                        SVIC put together a day of IoT-focused startup showcases to help TeamViewer better understand and identify opportunities for partnering and investing in the latest IoT innovations and disruptive technologies.<\/p>\n\n\n\n

                        Featured companies<\/h2>\n\n\n\n

                        IntelliVision<\/a>, a leader in video intelligence and analytics solutions for security, surveillance, transportation and retail organizations focused on facial recognition, retail business intelligence, advanced security analytics, and their latest commercial product Customer Metrics.<\/p>\n\n\n\n

                        Hazelcast<\/a> is the leading provider of operational in-memory computing with tens of thousands of installed clusters and over 16 million server starts per month. The Hazelcast operational in-memory computing platform helps leading companies, like Capital One, Chicago Board Options Exchange, Deutsche Bank, Ellie Mae, and Mizuho Securities USA, manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.<\/p>\n\n\n\n

                        TeleSense<\/a> is an Internet of Things (IoT) company providing cost-effective environmental monitoring and control solutions with the goal of increasing efficiency and public safety. Their self-configuring hardware can be deployed in minutes to sense environmental conditions in real time, generating alerts that can help maintain health and safety standards, prevent disasters, cut costs, and save lives.<\/p>\n\n\n\n

                        Skysport Systems<\/a> changes the way organizations will secure themselves. Skyport\u2019s SkySecure solution is a cloud-managed secure server appliance for protecting an organization\u2019s sensitive applications and infrastructure. It combines a server appliance that securely boots, detects and prevents malware and rootkits, wraps each application in a dedicated firewall, logs and records every transaction and is centrally managed to simplify operational complexity.<\/p>\n\n\n\n

                        Ipvive<\/a> is an emotionally Intelligent cloud services company, enabled by machine learning technology to comprehend the deluge of available data (verbal and non-verbal communications, biometric, autonomic, genetic, environmental, traditional www, and licensed) and automatically paired with sciences to objectively make both the persons and the world around them better.<\/p>\n\n\n\n

                        QOS Energy<\/a> develops Qantum\u00ae, a web-based energy management platform dedicated to renewable energy, smart buildings and smart grids projects. Qantum\u00ae enables professionals to optimise the operational performance for more than 3500 sites worldwide, including 1.5 GW of renewable capacity.<\/p>\n\n\n\n

                        Coda Devices<\/a> is a leader in delivering unique technology and systems for identification and verification of chemical substances. CODA Devices\u2019 mobile narcotics identification system identifies illicit narcotics, manufacturing agents, and controlled prescription drugs. Combining Raman Spectroscopy technology with their database of more than 3,600 substances and pills with pictures and descriptions, users can secure stronger presumptive evidence in the field.<\/p>\n\n\n\n

                        FlyData Inc.<\/a> is a SaaS data migration company, enabling easy management of the data load process to the cloud, allowing customers to move large data sets seamlessly, securely and continuously to existing data warehouses. Their mission is to allow our customers to focus on their core business while we handle the real-time data processing.<\/p>\n\n\n\n

                        FarmX<\/a> helps farmers save time and resources while increasing productivity. FarmX\u2019s FarmMap system monitors critical soil, plant and environmental variables with its proprietary FarmMap Soil Probe, pushes that data to the FarmMap cloud and provides real-time analytics based on state-of-the-art machine learning processes. The FarmMap cloud leverages multiple data sources to drive precise recommendations that drive productivity gains while reducing costs.<\/p>\n\n\n\n

                        Wellex Corp<\/a> is a full-service electronic contract manufacturer, founded to support OEM companies with all phases of their manufacturing requirements, from product design through production.<\/p>\n\n\n\n

                        TeamViewer was accompanied on their Silicon Valley innovation tour by SVIC\u2019s President  Andrey Kunov, Director of Global Business Development Mar\u00e9n Thomisch, Director of Marketing Rita Rosenberg, and Arthur Stepanyan, VP Global Strategic Partnerships.<\/p>\n","post_title":"Visit Silicon Valley to invest in Internet of Things startups","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visit-silicon-valley-to-invest-in-internet-of-things-startups","to_ping":"","pinged":"","post_modified":"2020-02-08 16:05:13","post_modified_gmt":"2020-02-09 00:05:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/siliconvalley.center\/?p=6047","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":2},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_5"};

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