Welcome!

IBM Cloud Authors: Liz McMillan, John Esposito, Jason Bloomberg, Elizabeth White, Pat Romanski

News Feed Item

Transatlantic Open Innovation Club Launched In San Francisco

SAN FRANCISCO, March 18, 2014 /PRNewswire/ -- Top French Corporations established in Silicon Valley together with U.S. corporations will share open innovation best practices and engage with high-growth companies of all sizes to accelerate innovation and transatlantic collaboration. Initiated by PRIME and the French Consulate in San Francisco, the Open Innovation Club also announced a partnership with the newly-minted French Tech Hub based in San Francisco, inaugurated by President Francois Hollande last month.

Open Innovation Club logo

Says Mr. Hollande – "Innovation is the key to everything in globalization." He added, "Large companies must support innovation coming from other companies" as he acknowledged their "massive investment in the development of talents in leading innovation ecosystems such as Silicon Valley but also in Israel, China and elsewhere." Francois Hollande added that this effort "allowed many small companies to be accompanied in the globalization process."

Forward-looking firms are implementing OPEN INNOVATION models with the belief that they can and should use external ideas as well as internal ideas to advance their technology and adapt to new ways of operating.

Silicon Valley is one of the major hubs for innovation. This region has a significant French presence. A core group of French corporations with local presence created the OPEN INNOVATION CLUB, a collective of large French and American companies aiming at fostering open innovation across all stakeholders in the innovation ecosystem: large companies, start-ups, research labs and universities.

Says Romain Serman, Consul General of France in San Francisco"Open Innovation is a top priority for France. French corporations are increasing their footprint in the Valley and French start-ups are booming. And we are business-minded: the main KPI for the Club will be the number of deals closed in this framework."

Transatlantic Innovation

The OPEN INNOVATION CLUB provides French and American corporation-members a platform to efficiently access, manage and integrate innovation generated by the interaction of French and American private and public ecosystems.  

The Open Innovation Club focuses on two key actions:

  1. Collaboration amongst corporation-members through the sharing of open innovation best practices,
  2. Open engagement with innovative, entrepreneurial, high-growth companies of all stages of maturity in France and the U.S.

Practicing Open Innovation

This group tested the collaboration and innovation platform in a full-day conference on the cross-industry theme of Smart Cities held September 13, 2013 in San Francisco where 15 startups in urban innovation met 15 large corporations including EDF R&D USA, TOTAL New Energies, Winnovation-Bouygues, Renault Silicon Valley, BNP Paribas l 'Atelier, Veolia, Orange, La Poste, Qualcomm, PG&E, IBM, Oracle, Accenture as well as University of California CITRIS, French Research Institute Inria and the cities of San Francisco and Palo Alto represented by their Chief Information and Innovation Officers.

"We are pleased to partner with the Open Innovation Club. As a major player, TOTAL is actively contributing to the future of the global energy sector. TOTAL already has one of the strongest footprints in the Silicon Valley with its majority stake in SunPower and participation in Amyris," said Philippe Boisseau, member of the Executive Committee of TOTAL, President of Marketing & Services and New Energies activities. He continued, "and beyond these substantial investments, TOTAL considers as its responsibility to share its expertise and to power innovations by supporting over there a dozen start-ups that may take off in the near future."

November 21, 2013 the same group met at Stanford University in preamble of the California France Forum of Energy Efficiency Technologies (CaFFEET) in a workshop to share best practices on the emerging discipline of Data Governance, a topic under great scrutiny with the explosion of big data, security and privacy issues.

"As a founding partner of CaFFEET and strong believer in Open Innovation, EDF is enthusiastic to strengthen its relationship with French & Californian start-ups, and innovative international companies through the Open Innovation Club," commented Bernard Salha, Senior Executive Vice President of EDF Group, President of EDF Research and Development. "More generally, EDF has materialized its commitment to open innovation by launching a capital venture fund and setting up R&D Centers worldwide (Silicon Valley, China, UK, etc.)."

The Open Innovation Club's 2014 program includes several best practices workshops where corporation-members will compare their experience in emerging technologies, new business models, new products and changes in customer engagement. In addition several innovation meetups will take place during the year where corporation-members will engage with twenty selected innovative companies at each meetup. Two three-day learning expeditions, one receiving a delegation of French companies in San Francisco and one receiving American companies in Paris, will take place during the year. The Open Innovation Club will also provide its corporation-members the opportunity to execute sourcing projects, individually or collectively, on focused areas of innovation through competition or calls for proposals.

"Renault Innovation Silicon Valley Research Center opened in 2011 as an extension of our Global Advanced Engineering to leverage local open innovation. As such we're very pleased to be part of the Open Innovation Club. Here in the Valley we launch innovative technology projects and look at new emerging business models to take advantage of opportunities related to the connected vehicle. Our research aims at developing a more personalized and seamless interaction between the driver or the passengers, the vehicle and their environment to address the increasing customer demand for onboard infotainment and the upcoming automated driving," says Serge Passolunghi, Head of Renault Innovation SV Office in Sunnyvale.

The partnership between the Open Innovation Club and the newly-minted French Tech Hub will provide a basis for collaboration between French high-potential SMEs hosted at the hub and large corporations established in the Bay Area. This will accelerate the innovation/adoption/integration continuum.

"We are pleased of the collaboration taking place within the Open Innovation Club and look forward to engaging with its members. This will reinforce French Tech Hub's mission to provide French companies a solid footing in the U.S. market," says Xavier Wartelle, Head of French Tech Hub in the U.S.

About PRIME Paris Region International Mission Enterprise

PRIME is a transatlantic innovation platform promoting the Paris region as a center of innovation and engaging in activities to encourage and incentivize American companies and organizations to invest in the Paris region.

PRIME offers a series of services and programs fostering transatlantic partnerships: connecting Paris region labs with American companies, Open Innovation programs connecting corporations with innovative startups, learning expeditions, technology events, etc.

PRIME is a subsidiary of the Paris Region Economic Development Agency. PRIME has a sister company, the French Tech Hub, a growth accelerator for French high tech companies in the US. 

Contact: prime@innovation-prime.com

Logo - http://photos.prnewswire.com/prnh/20140318/SF84663LOGO

SOURCE PRIME

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
The increasing popularity of the Internet of Things necessitates that our physical and cognitive relationship with wearable technology will change rapidly in the near future. This advent means logging has become a thing of the past. Before, it was on us to track our own data, but now that data is automatically available. What does this mean for mHealth and the "connected" body? In her session at @ThingsExpo, Lisa Calkins, CEO and co-founder of Amadeus Consulting, will discuss the impact of wea...
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vice president of product management, IoT solutions at GlobalSign, will teach IoT developers how t...
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore. This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
A critical component of any IoT project is the back-end systems that capture data from remote IoT devices and structure it in a way to answer useful questions. Traditional data warehouse and analytical systems are mature technologies that can be used to handle large data sets, but they are not well suited to many IoT-scale products and the need for real-time insights. At Fuze, we have developed a backend platform as part of our mobility-oriented cloud service that uses Big Data-based approache...
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, will explain how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
Digital payments using wearable devices such as smart watches, fitness trackers, and payment wristbands are an increasing area of focus for industry participants, and consumer acceptance from early trials and deployments has encouraged some of the biggest names in technology and banking to continue their push to drive growth in this nascent market. Wearable payment systems may utilize near field communication (NFC), radio frequency identification (RFID), or quick response (QR) codes and barcodes...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, will discuss how leveraging the Industrial Interne...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
You deployed your app with the Bluemix PaaS and it's gaining some serious traction, so it's time to make some tweaks. Did you design your application in a way that it can scale in the cloud? Were you even thinking about the cloud when you built the app? If not, chances are your app is going to break. Check out this webcast to learn various techniques for designing applications that will scale successfully in Bluemix, for the confidence you need to take your apps to the next level and beyond.
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's single source for the cloud. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud...
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.