Welcome!

Blog Feed Post

Crowdfunding Social Change – Bootstrapping Canada’s Startup Economy

Canada’s goals for an innovation system face the same challenges as their counterparts in all other areas of government who are facing a rapidly changing world that is becoming increasingly techno-centric at a rate of accelerating change.

Policies and programs that were conceived in the 70′s and 80′s during the hey day of the Baby Boomers, are more or less due for the same retirement that this demographic is now shifting into, and with this transfer happening in my humble opinion it presents one of the greatest challenge the nation has faced.

In short if Canada faced a reality with no oil sands where would it stand, how effectively would the policies and programs work at delivering sustained economic growth in the modern Knowledge Economy? If the “easy money” of the oil sands is covering up systemic weaknesses then these weaknesses will still be present and manifest in key issue areas like low adoption of e-Health systems for example, meaning poorer quality healthcare, and is a symptom that will magnify greatly as the % of old people balloons.

So it’s imperative Canada ‘makes hay while the sun shines’, using oil sands revenues to build a future-looking innovation system, one that very proactively links these cash flows to modernization in these key areas, and IT industries like Cloud Computing represent this future.

I set up the Canada Cloud Network initiative towards this end, as I believe the industry offers a foundation to underpin the required next generation innovation ecosystem, which can be explained through highlighting a few of the different levels of benefit it offers:  

  1. Canadian Cloud Ventures – The changing laws for entrepreneurism
  2. Crowdfunding Apps – Using Cloud apps for the processes of innovation
  3. Next Generation Cluster – The broader ecosystem these apps can feed 

Canadian Cloud Ventures – Look Ma, No IT Department

Before we step into considering the broader ecosystem of startup innovation, one of the first and most brutally simple ways to convey the value of Cloud Computing is the relationship to entrepreneurism.

In short, it makes sophisticated technology more widely available to more people. What would have cost you $100,000 just five or ten years ago is now available via a swipe of your credit card, and can power all kinds of new innovative business models. Ie. It’s making tech entrepreneurism much cheaper, and therefore more accessible to more new entrepreneurs.

Canadian firms like Hootsuite, Futurestate IT and ACIS are all leveraging this utility to launch new businesses, a trend nicely captured in this recent article from the Globe and Mail.

Crowdfunding apps – Innovation building blocks

A simple example of the ‘Power of Cloud’, as it can be applied to help improve the process of innovation itself, is the ‘Starbucks ideas app’ from Salesforce.com.

This uses the community effects of social media to encourage the submission and development of New Ideas, providing a catalyst for an effect known as ‘Crowdsourcing’.

In this white paper Phil Wainright, a Cloud Computing guru, explains how Salesforce.com can be used for these Innovation Management best practices. As a modular ‘PaaS’ – Platform as a Service, Salesforce.com offers a modular approach where these web tools can be coupled together like building blocks to suit any organization.  

Applying this to the process of venture startup investment is known as ‘Crowdfunding‘, and has recently become a hot topic as the USA passed a bill to enable more of this.

Pioneers in Canada have started asking the questions about why Canada isn’t doing the same, and by starting to use these types of Innovation Management apps then it could be brought to life.

Canada Cloud Network : The world’s first Next Generation Cluster

Use of these new social media technologies to improve the innovation process is the central thesis for a white paper from tech giant Cisco, called ’Next Generation Clusters‘.

If Crowdfunding can accelerate more innovation at the individual project level, then NGCs can scale this effect across a nation-wide scope.

Michael Porter conceived the original cluster model and it has become universally accepted as the key model for economic development by Governments, used to grow industries from technology through aircraft.

In essence NGCs update the model to reflect the new era of Web 2.0 global collaboration, the key points are that the cluster model is implemented via technologies like social media, video conferencing and Cloud Computing, and by using collective intelligence models aka “crowdsourcing” to provide a framework that enables more entrepreneurs to start more businesses.

By using these new technologies to enhance the innovation process itself as well as developing an ICT industry, a Next Generation Cluster strategy offers a powerful formula to maximize a compounding effect known as ”Multi-Factor Productivity’ (MFP)’.

Conclusion – Utilizing Open Innovation for Social Change

As per the title of this article the scope isn’t limited just to the capitalist aspects of entrepreneurism.

Crowdfunding is a technique based on using the Open Innovation best practices conceived by Henry Chesbrough, and as the name suggests it has broader social benefit as well as improved innovation process.

The real opportunity for Canada, for any nation, that these new technologies and business models offer is the ability to broaden access to entrepreneurism to any one at any level of society, and to use this principle as the fundamental means of for addressing more intrinsic social issues, such as child and family poverty.

In Canada one in ten still lives at this third world societal level, and its transformation of these statistics that is the real exciting potential for a new innovation ecosystem. Innovation can be used to change anything.


Read the original blog entry...

More Stories By Cloud Best Practices Network

The Cloud Best Practices Network is an expert community of leading Cloud pioneers. Follow our best practice blogs at http://CloudBestPractices.net

Latest Stories
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
StarNet Communications Corp has announced the addition of three Secure Remote Desktop modules to its flagship X-Win32 PC X server. The new modules enable X-Win32 to safely tunnel the remote desktops from Linux and Unix servers to the user’s PC over encrypted SSH. Traditionally, users of PC X servers deploy the XDMCP protocol to display remote desktop environments such as the Gnome and KDE desktops on Linux servers and the CDE environment on Solaris Unix machines. XDMCP is used primarily on comp...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.