The Investing Edge
of Enterprise IT


11
May
2016

Newest Investment: Pwnie Express – Next Generation Wireless Security

At Ascent, we have been investing in IT security for decades. As technology platforms shift, security solutions must both shift with them as well as rise to meet a more severe threat landscape posed by today’s sophisticated cyber criminals and nation-state sponsored hackers. As recent RSA conferences have shown, the challenge – and opportunity – posed by IT security has
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08
Apr
2016

National IoT Day – Challenges the Internet of Things Currently Faces

It’s amazing how much the Internet of Things (IoT) has grown from a trending topic to actual technology over the past few years. In fact, according to Gartner, 43 percent of businesses are planning to adopt IoT technology by the end of 2016. So in honor of National IoT Day on April 9, we are taking a moment to look
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11
Jun
2015

Welcome Peter Lee as CEO of Rapidminer

I’m thrilled today to welcome Peter Lee as the new CEO of RapidMiner. When we invested in RapidMiner in February of this year, we enthusiastically backed founder Ingo Mierswa and his vision to bring powerful, predictive analytics to the business analyst. Under Ingo’s leadership, the RapidMiner team developed the leading next generation predictive analytics platform (placed in the Leaders Quadrant
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22
Jan
2015

Retro Chic: The IoT Means Hardware Engineers Are Cool Again

In the beginning there were Military Engineers who built bridges and designed fortifications. When peacetime came, some headed to dig in the mines and others to build roads, canals and cities. For the first 50 years of the 19th century, engineers came in five basic flavors: Military, Mining, and Civil, and with the rise of steam, Naval and Railroad. In those
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17
Dec
2014

How the Internet of Things Can Improve Environmental Sustainability

I’m a graduate of the College of Agriculture and Life Sciences at Cornell and sit on the board of Change is Simple, a non-profit devoted to educating the next generation to become thoughtful and aware of environmental issues and social responsibility. I also surf as frequently as possible, when I can find free time, literally immersing myself as often as
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17
Oct
2014

Want to change the world? ‘Secure’ the Next Killer App in IoT

“What’s the next killer app in the Internet of Things?” It was the first of many topics of discussion at the Ascent B2B IT Forum in Cambridge on Tuesday night. In front of a packed house of nearly 200 attendees, panelists at “From Industry 4.0 to iWatch: The Internet of Things” suggested several groundbreaking ideas that might be in the
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14
Sep
2014

Announcing the October B2B IT Forum on the Internet of Things

Industry analysts have predicted 26 billion devices will be connected to the internet by 2020, creating a several trillion dollar market in Internet of Things (IoT) goods and services. With claims that this sector could usher in the Fourth Industrial Revolution, it’s important to look beyond the hype and better define the opportunities and challenges presented by IoT. The widespread
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12
Jun
2014

Observations from TiECON East 2014

I attended TiECON East 2014 last month in Cambridge, and had the opportunity to speak on the Internet of Things (IoT) panel. TiECON East bills itself as the largest startup conference on the East Coast, and this year drew a crowd of more than 500 entrepreneurs. The IoT panel was an enjoyable and informative discussion; here are a few takeaways
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21
May
2014

Ascent Index: Internet of Things (IoT)

Even though the concept of the Internet of Things (IoT) was introduced in 1999 by Kevin Ashton, only relatively recently has it gained significant footholds both culturally and professionally. But make no mistake: IoT has enormous potential, with Cisco suggesting the market opportunity for the next decade is north of $14 trillion. It seems an ideal time to use the
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03
Feb
2014

Three Impediments to the Internet of Things

This post is the final installment of a three-part series on the Internet of Things, along with What Nest Just Did for the Internet of Things and Why the Internet of Things is also Industry 4.0. The technology for the Internet of Things (IoT) falls into four broad categories: sensors, software, platforms, and networks and connections.  Most of the technology is
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