Monday, June 28, 2010

Mexican Students Win Cisco's $250K Global I-Prize Innovation Prize

A team of five university students from Mexico were awarded Cisco's second I-Prize competition, an open, global innovation contest developed to encourage collaboration among entrepreneurs and help identify new potential billion-dollar business ideas for Cisco. The winners receive a cash prize of $250,000.


The students from Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM) developed the concept of a "Life Account" that combines social networking with the "Internet of Things" to help bridge user activities in the physical and virtual world to create one view of the users "life".
http://www.cisco.com/web/solutions/iprize/index.html