|By Cloud Best Practices Network||
|August 21, 2012 06:45 AM EDT||
Crowdfunding has become a very in-demand concept here in Canada, following the hyper-growth of the trend in the USA.
In Canada it’s viewed as especially important because of the dreaded Innovation Gap, as this features a lack of Venture Capital for new projects. Sourcing it via the crowd is therefore a possible answer to this bottleneck.
I agree, and suggest it can go a step further to a broader dimension.
It’s not limited to commercial start-up businesses, it could be used for collaborative funding of any and all projects, including those to help benefit the local community, aka “Social Crowdfunding”.
Indeed Crowdfunding is a model that is tapping Internet-level scalability, making it ideal for this because while there are thousands of wannabe Richard Bransons, there is a much larger pool of tens of millions of small community needs that are also unfunded.
With this in mind the really key question is how does Government fit in?
With social projects in mind their involvement is crucial, and so how these projects might integrate with existing government programs at the Municipal and other levels is where the trend is really going to find meaningful and repeatable traction.
Our focus in this area is headlined by our Social Impact Cloud Computing innovation program. The goal is to identify the role that these new technology capabilities can play in helping implement these types of new social innovations.
This work is supported by iFOSSF, a non-profit specializing in these new open innovation trends can be harnessed and combined with traditional social help best practices most notably Sustainable Development.
One of the critical best practices of Sustainable Development is called ABCD - Asset Based Community Development, referring to the community ownership of assets as the foundation for local entrepreneurial development, and it’s how this principle can be united with Crowdfunding models, new technologies and open collaboration that offers the explosive combination.
As this story highlights, one of the challenges that cities face, which is really a blessing in disguise, is that they end up owning considerable banks of property and other assets.
Their root issue is what to do with them. They lack the innovation framework needed to supply a continual stream of new ideas to reinvigorate and exploit them, and so they simply lie unused.
The painful irony that can be resolved through these new models is that of course society as a whole does have this flow of ideas, there is no shortage of local community needs that could benefit, especially when they provide the Asset part of the ABCD formula described above.
Social Community Workflow
All that is missing is a controlled process for matching them together, and so enter Crowdfunding and social media. What’s most important about this new technology trend is how it can act to empower these new models.
Traditional software applications, like those used to run cities and towns, were originally conceived to run on a computer in an office where staff feed in and report on data in a very transactional manner, i.e. it’s just line items of text that only a few people ever see.
This means they don’t tell any kind of a human story, whereas in contract social media enables blogs, wikis, pictures, multimedia and most importantly open community collaboration.
Within a context of Crowdfunding this starts to bring together the pieces to enable this match-making, i.e. social entrepreneurs can identify local government owned assets that could underpin new social project ideas they have, and this could then be shuffled through the required internal approval procedures as well to facilitate ownership transfer and the like.
Submit a Citizen Proposal – Transformational Government
This technology architecture and the transformation it can enable is described in detail in the Microsoft white paper, Connected Government Framework (83-page PDF). This describes an overall strategy framework for planning this kind of evolution, and also how their technology can make it possible.
On page 37 they touch on the concept central to all of this, where they highlight how one action that could be taken by a web site visitor is they can ‘Submit a Citizen Proposal‘.
This could be a cell phone picture of a building that could be used for a community project idea, which is then uploaded, enabling other community members to then add their own ideas and comments to further flesh out the business plan.
Microsoft describe how their overall platform of different apps could then facilitate the full lifecycle of this workflow, transferring it into internal decision review processes via case management systems, and ultimately resulting in a new social project being launched, collaboratively originated, developed and funded.
This trend is also being described via the Shareable Cities concept, where they call it ‘Civic Crowdfunding‘, where they also highlight this process improvement as being a key ingredient:
“There are also complicated processes for approving projects and allocating funding. Crowdfunding tools provide a way to cut through some of the bureaucracy around funding and access new streams of resources to add to what government already provides.”
In their strategy to ’Grow the Social Investment Market‘, a strategy for starting a `social enterprise marketplace`, they describe:
“Creation of a single web portal or gateway.
The portal would help social ventures to connect with the right sources of finance, business capability or investment readiness support. In time, the portal could serve as a broader gateway: facilitating recruitment and internships to social ventures and intermediaries; and connecting social ventures to expertize offered by other social ventures, private sector organizations, universities or the general public. There may also be scope to use the portal as a platform to build social venture consortia to bid for large-scale contracts, or to help develop sector-specific networks.”
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus o...
Jan. 18, 2017 06:15 PM EST Reads: 4,177
Big Data engines are powering a lot of service businesses right now. Data is collected from users from wearable technologies, web behaviors, purchase behavior as well as several arbitrary data points we’d never think of. The demand for faster and bigger engines to crunch and serve up the data to services is growing exponentially. You see a LOT of correlation between “Cloud” and “Big Data” but on Big Data and “Hybrid,” where hybrid hosting is the sanest approach to the Big Data Infrastructure pro...
Jan. 18, 2017 05:30 PM EST Reads: 4,857
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
Jan. 18, 2017 04:45 PM EST Reads: 4,555
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
Jan. 18, 2017 04:30 PM EST Reads: 4,741
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Jan. 18, 2017 03:30 PM EST Reads: 3,676
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 18, 2017 02:45 PM EST Reads: 1,587
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
Jan. 18, 2017 02:00 PM EST Reads: 387
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Jan. 18, 2017 01:00 PM EST Reads: 5,598
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 ...
Jan. 18, 2017 01:00 PM EST Reads: 5,098
Discover top technologies and tools all under one roof at April 24–28, 2017, at the Westin San Diego in San Diego, CA. Explore the Mobile Dev + Test and IoT Dev + Test Expo and enjoy all of these unique opportunities: The latest solutions, technologies, and tools in mobile or IoT software development and testing. Meet one-on-one with representatives from some of today's most innovative organizations
Jan. 18, 2017 12:15 PM EST Reads: 1,534
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Jan. 18, 2017 12:00 PM EST Reads: 4,228
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and E...
Jan. 18, 2017 12:00 PM EST Reads: 5,758
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, 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. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Jan. 18, 2017 12:00 PM EST Reads: 1,945
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
Jan. 18, 2017 10:30 AM EST Reads: 3,106
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 18, 2017 09:45 AM EST Reads: 11,556
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
Jan. 18, 2017 08:15 AM EST Reads: 5,981
"A lot of times people will come to us and have a very diverse set of requirements or very customized need and we'll help them to implement it in a fashion that you can't just buy off of the shelf," explained Nick Rose, CTO of Enzu, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jan. 18, 2017 07:45 AM EST Reads: 4,636
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Jan. 18, 2017 06:45 AM EST Reads: 2,768
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
Jan. 18, 2017 06:30 AM EST Reads: 1,188
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, introduced the technologies required for implementing these idea...
Jan. 18, 2017 06:30 AM EST Reads: 4,638