April 17, 2013 Leave a comment
The Intellectual Ventures (IV) software team visited uOttawa last week to discuss opportunities within their Invention Development fund. Working with this fund makes a lot of sense for university researchers given the fund managers are looking for inventions expected to have a major impact on society in the 5-7 year time frame. This model fits well with the strengths and goals of research intensive universities such as uOttawa.
Intellectual Ventures is a private equity investment firm founded by Nathan Myhrvold with the goal of creating a capital market for inventions. It has agreements with over 400 research institutions worldwide, including uOttawa.
At the meeting, David Ash and Jake Russell from IV presented five areas of interest to the software team and their industry clients.
– Augmented reality
– Next –generation cloud services
– Pervasive computing
– Multi core computing
– Big data