|By Marketwired .||
|February 25, 2014 12:38 PM EST||
IRVINE, CA -- (Marketwired) -- 02/25/14 -- The University of California, Irvine today announced the creation of the UC Irvine Institute for Innovation, an interdisciplinary and campus-wide center focused on integrating research, entrepreneurship and technology to create real-world applications that benefit the public and drive the economy.
The institute is envisioned to be "an epicenter of innovation in Orange County by creating a vibrant, interconnected and self-sustaining community of students, scholars, industries and entrepreneurs," said UC Irvine Provost & Executive Vice Chancellor Howard Gillman.
With initial funding through a $5 million endowment from the Beall Family Foundation, the institute will expand upon the success of the Beall Center for Innovation & Entrepreneurship at The Paul Merage School of Business. It will incorporate UC Irvine's Office of Technology Alliances, which handles the patenting and licensing of the campus's intellectual property, and the functions of corporate relations and industry-sponsored research. The center will become the single point of contact for corporate partners and business leaders -- whether they're interested in research opportunities, working with UC Irvine's spin-off companies, licensing of technologies or other innovation-related interactions -- and provide concierge-level services for faculty and students.
"Elite research universities act as engines of innovation and progress, not only by engaging in fundamental research but also by helping students and faculty transform discoveries into practices and products that benefit society," Gillman said. "Making this a more strategic focus is especially vital for UCI, given that we're located in a region known for its entrepreneurial spirit. It will also enhance our ability to attract and retain outstanding faculty and students, who increasingly expect campuses to help them achieve their aspirations for positive social impact."
Donald R. Beall, chairman emeritus and retired chairman/CEO of Rockwell, said that accelerating the transfer of technology to the marketplace "plays a critical role in helping America remain competitive in a global economy." He added: "UCI has been a driving force in uncovering breakthroughs that have a real-world impact, and the Beall family is pleased to help the university take its leadership to the next level with the creation of this institute. Together, we hope to bring discoveries to life, benefiting students, faculty, business leaders, the community and society as a whole."
Beall's sentiments were echoed by business leaders throughout Southern California.
David E.I. Pyott, chairman of the board and CEO of Allergan Inc.: "Allergan and UC Irvine share a commitment to scientific excellence and life-improving discoveries. As our neighbor, UC Irvine has been a source for providing robust research and a talented workforce. We welcome the formation of UC Irvine's Institute for Innovation, which demonstrates the university's continuing dedication to delivering ideas that improve the economic, individual and cultural health of the region and the world."
Henry Samueli, Ph.D., co-founder, chairman of the board and chief technical officer at Broadcom Corp.: "Education has the power to foster incredible creativity and innovation. I'm very proud of my connection with UC Irvine and believe it's a world-class institution that has been instrumental in sharing ideas and discoveries with the business community. The innovation institute will strengthen the link between industry and academia and will help cultivate the transfer of new technologies to the marketplace."
Paul Merage, chairman and co-founder of MIG Capital: "The Merage School of Business has a legacy of superior achievement and entrepreneurial spirit. I applaud the university's efforts to build on this legacy and create a culture that encourages innovation, creativity, risk and investment."
Jim Mazzo, operating partner at Versant Ventures: "I've been actively involved with many areas of UC Irvine for decades. As a chief executive of international corporations, I find access to the university's discoveries advantageous in developing strategies and identifying future markets. The innovation center will create an efficient, central source for groundbreaking research, helping the region's businesses thrive through knowledge and leadership."
Matthew Jenusaitis, president and CEO of OCTANe: "UC Irvine is a powerhouse of technology, healthcare, earth systems sciences and engineering discoveries in the heart of Southern California. This new Institute for Innovation will allow this world-class university to move beyond the traditional classroom and laboratory environment to address social issues and improve the human condition. With a shared interesting in bringing new ideas quickly to market and benefitting the surrounding community, OCTANe fully supports UCI's commitment to innovation and the formation of the new institute."
Ted Smith, chairman and CEO of MIND Research Institute as well as founder and retired chairman of FileNet: "MIND Research Institute is a living example of the power of UC Irvine's innovation and research. Twenty years ago, UCI researchers discovered an effective way to teach math the way children learn -- visually and experientially -- which became the foundation for a separate, nonprofit entity in 1998. Today, MIND Research Institute is improving remarkably the problem-solving and math proficiency of 630,000 children in more than 2,000 schools across 35 states. Imagine the societal benefit if we could bring ideas like this to the community more quickly and effectively, as envisioned with UC Irvine's Institute for Innovation."
MIND Research Institute is one of more than 60 companies established with the support of UC Irvine-based research. The university has also yielded 901 inventions, 334 active U.S. patents and 113 active license or option agreements.
Irvine Mayor Steven S. Choi, Ph.D., who delivers his State of the City address later today, noted the civic impact of the campus's contributions. "Irvine remains a thriving employment hub due in no small part to the city's long-standing partnership with UC Irvine," he said. "We're fortunate to have a pre-eminent research institution at our doorstep, supplying economic opportunities through scientific discoveries and a steady stream of intelligent, skilled workers. We salute the university's desire to accelerate its contributions to the community through an innovation institute, which will help us retain our place among the world's greatest cities and universities."
The Beall Family Foundation will continue to support entrepreneurial opportunities through The Paul Merage School of Business, which provides a broad range of programs that include an annual business plan competition, networking with entrepreneurs and venture capitalists, and workshops and advisory services.
"The Beall Center in the Merage School has been a catalyst for innovation and entrepreneurship across the university," said Andrew Policano, director of UC Irvine's Center for Investment & Wealth Management and former dean of The Paul Merage School of Business. "We're delighted that the Beall family will continue to support the center in the business school while also funding a major university initiative that will bring our vast research expertise into the community."
Gillman said that the university's existing efforts, coupled with the new Institute for Innovation, "clearly demonstrate our commitment to economic growth and preparing leaders for an evolving, knowledge-based society."
The university is recruiting an executive director -- reporting directly to Gillman and supported by an advisory board of university and business leaders -- to lead the institute and is also seeking additional financial support, with a goal of attracting a naming gift.
"The institute will empower our innovators, but we also want it to energize our supporters," Gillman said. "We will need the help of the community to ensure that these efforts will have the strongest possible impact."
About the University of California, Irvine: Located in coastal Orange County, near a thriving employment hub in one of the nation's safest cities, UC Irvine was founded in 1965. One of only 62 members of the Association of American Universities, it's ranked first among U.S. universities under 50 years old by the London-based Times Higher Education. The campus has produced three Nobel laureates and is known for its academic achievement, premier research, innovation and anteater mascot. Led by Chancellor Michael Drake since 2005, UC Irvine has more than 28,000 students and offers 192 degree programs. It's Orange County's second-largest employer, contributing $4.3 billion annually to the local economy.
@ThingsExpo has been named the Most Influential ‘Smart Cities - IIoT' Account and @BigDataExpo has been named fourteenth by Right Relevance (RR), which provides curated information and intelligence on approximately 50,000 topics. In addition, Right Relevance provides an Insights offering that combines the above Topics and Influencers information with real time conversations to provide actionable intelligence with visualizations to enable decision making. The Insights service is applicable to eve...
Apr. 28, 2017 07:45 PM EDT Reads: 2,901
The age of Digital Disruption is evolving into the next era – Digital Cohesion, an age in which applications securely self-assemble and deliver predictive services that continuously adapt to user behavior. Information from devices, sensors and applications around us will drive services seamlessly across mobile and fixed devices/infrastructure. This evolution is happening now in software defined services and secure networking. Four key drivers – Performance, Economics, Interoperability and Trust ...
Apr. 28, 2017 07:45 PM EDT Reads: 866
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Apr. 28, 2017 07:30 PM EDT Reads: 1,489
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
Apr. 28, 2017 07:15 PM EDT Reads: 2,311
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Apr. 28, 2017 07:00 PM EDT Reads: 1,149
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
Apr. 28, 2017 06:45 PM EDT Reads: 1,013
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
Apr. 28, 2017 06:15 PM EDT Reads: 980
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Apr. 28, 2017 05:45 PM EDT Reads: 854
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing be...
Apr. 28, 2017 05:15 PM EDT Reads: 820
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory?
Apr. 28, 2017 05:00 PM EDT Reads: 285
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
Apr. 28, 2017 04:30 PM EDT Reads: 873
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
Apr. 28, 2017 04:15 PM EDT Reads: 1,379
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Analytic. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
Apr. 28, 2017 04:00 PM EDT Reads: 1,395
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
Apr. 28, 2017 03:45 PM EDT Reads: 2,376
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Apr. 28, 2017 03:30 PM EDT Reads: 1,482