If you haven?t already, check out Emmet Cole?s article, ?How to Build a High Profile Advisory Board.? In the article, Cole interview?s David Bailard, vice president, product marketing and strategic planning at Liquid Robotics, on how his company has managed to secure millions in venture capital and an advisory board that includes the likes of ?Robert F. Kennedy Jr.; Arthur L. Money, former assistant secretary of defense, U.S. Department of Defense; and Dr. James Gosling, creator of the Java programming language.?
The advisory board joined the company because they believed in its mission to monitor the health of the world?s oceans. But one of the reasons the VCs likely got involved is because Liquid Robotics is part of the investment community?s growing love affair with start-ups involved in Big Data. The company?s floating, autonomous machines, able to travel for months at a time, are, in fact, data sponges whose collected information could assist sectors as diverse as fishing and energy exploration.
As an article in the Huffington Post describes it, Big Data ?refers to the newfound ability to collect and analyze massive amounts of information on almost every dimension of the human experience? in sectors ranging from retail to healthcare to social media.? Venture firms invested nearly $2.5 billion on Big-Data related companies last year, the article says.
No surprise, that kind of money has attracted both new and familiar players to the field. According to HPC Wire, an online news source covering the high-performance computing field, Cray, Inc., earlier this week debuted uRiKA [pronounced like eureka], ?a hardware-software solution aimed at real-time knowledge discovery with terascale-sized data sets. The system is designed to serve businesses and government agencies that need to do high-end analytics in areas as diverse as social networking, financial management, healthcare, supply chain management, and national security.?
The Big Data quest, and VCs love affair with it, should be good news to robotics companies, since the field cut its teeth on data collection. Think of the untold number of NASA and other space agency probes sent skyward to collect scientific data. Those same basic technologies can now do their work on earth, minutely charting the ocean floor or combing remote regions of the planet with ground penetrating radar. Message: Big Data could mean Big Bucks.Read More