Photo - Padmasree Warrior, CTO, Cisco.
Cisco's recently announced Worldwide IoT Challenge for Young Women is in synch with Malaysia's Budget 2015 proposals, announced on 10 October 2014 by Prime Minister Datuk Seri Najib Tun Razak, said the networking solutions giant.
Albert Chai, Malaysia country manager for Cisco, said that Cisco along with a global network of companies in the Internet of Things space as well as local organisations and non-profits dedicated to women in STEM, is launching a worldwide Internet of Things World Forum (IoTWF) Young Women's Innovation Grand Challenge.
"The IoT Innovation and Security Grand Challenges are the perfect platforms to encourage, grow and perfect the adoption of IoT in everyday life," Chai said. "The IoT Challenge for Young Women complements the recent tabling of Malaysia 2015 Budget which sees the potential in growing and supporting this untapped workforce through the allocation of RM50 (US$15.32) million in financial assistance for young women entrepreneurs and professionals in the nation."
"As we move towards becoming a developed economy driven by knowledge and innovation, the role of women in this space will become more crucial in the next six years," he said. "I'm excited to share that since its inception, the Cisco Networking Academy programme in Malaysia has trained more than 43,500 students, of which 41 percent are female and we are one of the top three countries in ASEAN for developing networking talent in girls."
"These advancements in networking technology not only help businesses and public sector organisations to unlock the value at stake in respective industries but also to turn these solutions into actionable items spanning across technologies, markets and domains," said Chai. "The challenges allow Cisco to work with startups, innovators and research communities to foster technology breakthroughs, tap on various IoT innovations and accelerate the development and adoption of IoT in Malaysia and the rest of the world."
Cisco's official IoTWF announcement was made when Cisco's chief technology officer, Padmasree Warrior, delivered her keynote at the Internet of Things World Forum in Chicago, which included announcing winners of three global Internet of Things (IoT) Grand Challenges.
Warrior said that the Young Women's Innovation Grand Challenge was a global open innovation competition. Entrants will be asked to submit original ideas based on new opportunities and technologies that better people's lives or increase efficiencies in the area of education, healthcare, manufacturing, energy, retail, transportation, or smart cities.
The IoTWF Young Women's Challenge will run in two phases from November 15th 2014 through early 2015.
IoT is happening today
"The Internet of Things is real and happening today," Warrior said. "This week at the IoT World Forum, we've seen evidence of broad deployments and worldwide adoption of IoT across organizations of many sizes and across many industries. The breakthrough technologies demonstrated by our IoT Grand
Challenge finalists are further proof that IoT is already changing the way we live, work, play, and learn. The IoT Grand Challenges represent Cisco's ongoing commitment to invest in and incubate the next big innovations."
During Cisco's recent global challenge to startups, Cisco Malaysia's Chai spoke about the potential of IoT. "We are already in the era of the Internet of Things and the timeline for its widespread adoption is advancing as improvements are made every day in underlying technologies."
"The advances in wireless networking technology and the greater standardization of communications protocols make it possible for data collection from devices, sensors, and applications through a multitude of platforms," he said. "This has opened up more avenues and opportunities for innovators and technopreneurs to create and innovate at anytime, anywhere and through any device."
For more information on the Internet of Things World Forum, visit iotwf.com