Kreston Reeves partner with Cisco to provide prizes worth $340,000
The BIG Awards were established to help stimulate innovation among high-potential, early-stage technology startups, entrepreneurs and innovators to accelerate development of products and solutions around the “Internet of Things” and “Internet of Everything”.
This year’s awards started 6 months ago with nearly 150 applicants, who provided solutions that can solve business challenges in the Oil/Gas, Energy, Transport, Health, Retail and Smart Cities sectors. The applicants were then whittled down by Cisco and the judging panel to just 6 finalists culminating in yesterday’s live final, held at the prestigious National Theatre in London.
The prize fund for the 3 highest placed finalists totalled over $340,000 including cash prizes and mentoring packages from Kreston Reeves and the other award partners, with the winner taking home a cheque for $100,000.
The finalists competed head to head in front of the audience with a live pitch followed by a Q&A with the judges. Partner and Head of Technology Michael O’Brien was on the esteemed judging panel headed by Phil Smith, Chief Executive of Cisco UK & Ireland, and comprised other key players from the world of technology.
After much deliberation, the winner of the Cisco BIG Awards 2015 was NWave, a wireless network platform that can that can provide low-cost, low-power communications between devices and the cloud over a wide area, which could revolutionise the world’s connectivity.
Pictured from left: Brian Mulholland (Partner, Head of Corporate Tax Kreston Reeves), Yury Birchenko (CEO/CTO), Matthew Phillips (VP Business Development), Paul Peck (COO/CFO) all of NWave, and Michael O’Brien (Partner, Head of Technology, Kreston Reeves).