Georgian Partners is at the forefront of investing in expansion-stage software companies, which in addition to their investment focus on Big Data and Analytics, supports our own vision of the opportunity that the Internet of Everything represents and aligns to our commitment to fostering innovation in Canada.” Nitin Kawale, Cisco Canada President.
We are delighted to be working with Cisco who share our vision of the opportunity being created at the intersection of the Internet of Things (IoT) and Applied Analytics. With more and more “sensors” coming to market the gap between the physical and the digital worlds is narrowing and resulting machine generated data is helping create new opportunities for Applied Analytics.
We see industries ranging from heavy industry, to discrete and process manufacturing, and healthcare, that were previously largely analogue now generating data that can be use to reshape those industries. One example is where the proactive monitoring of human health is enabling a shift towards a much more preventative model which is a fundamental change for healthcare away from a primarily reactive treatment of disease.
The challenge and opportunity is now to deliver software solutions that can apply analytics to those streams of new sensor data and create meaningful insights that help those industries become more efficient while driving improved outcomes.
GEORGIAN PARTNERS FUND II RECEIVES CISCO INVESTMENT
Investment Supports New Fund Focused on Applied Analytics
TORONTO – Georgian Partners today announced that Cisco has made a strategic investment in Georgian Partners Growth Fund II, LP (“Fund II”) the newest fund from Georgian Partners, a growth equity firm investing in expansion-stage software companies.
“We are very pleased to have Cisco investing in our second fund.” said Simon Chong, co-founder and managing partner of Georgian Partners. “To have a global leader like Cisco join the fund as an investor demonstrates the validity of our Applied Analytics investment thesis.”
“By investing in innovative companies we gain valuable insight into the Canadian start up and entrepreneurial community,” said Cisco Canada President Nitin Kawale. “Georgian Partners is at the forefront of investing in expansion-stage software companies, which in addition to their investment focus on Big Data and Analytics, supports our own vision of the opportunity that the Internet of Everything represents and aligns to our commitment to fostering innovation in Canada.”
Applied Analytics, the convergence of Cloud-based business solutions, Big Data, and broad Information Rights provides a blueprint for generating value from the vast amount of data being generated by the Internet of Everything. To capture that value however companies need a strategic approach such as that outlined by the 11 Principles of Applied Analytics.