Co-organized and hosted by NJIT’s Associate Vice President of Tech Development Judith Sheft, many of the talks focused on the role collaboration plays in innovation.
Mark Scotland, CEO of 4.0 Analytics, discussed how his small company’s software has been utilized in collaboration with large enterprise to help move innovation forward.
“Many in this audience know how fast technology is moving and many innovations move,” he said. “So, what we’re finding is that large and small companies are starting to dance together much more frequently.”
It’s a relationship he likened to a speed boat and an oil tanker.
“Trying to turn an oil tanker is much different than being nimble like a speed boat,” he said.
For instance, 4.0 Analytics’ vehicle management systems have been utilized in collaboration with Rutgers Newark, Essex County Community College, Seton Hall and the City of Newark in a project aimed at reducing vehicle emissions.
As a member of NJIT’s Enterprise Development Center, the company is also an example of the ways the school itself drives innovation by incubating young and startup companies.
Other speakers at the forum, which was open to the public and available on live stream, included President of the New Jersey Innovation Institute Donald Sebastian, LeanOnWe Founder Ron Gold, Founder Gerard Adams, and Citi Medina, co-founder of the = Space shared space and incubator in Newark.
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