Cisco recently held the Cohort 6 Startup Showcase Day. Sruthi Kannan, Head, Cisco LaunchPad Startup Accelerator, said that this is the time to pivot. Krishna Sundaresan, VP, Engineering Enterprise Networking Business, Cisco, said that the accelerator program was launched in 2016. So far, there have been 47 portfolio startups. He added, “Graduation is just a milestone as we continue in their journey in their lifetime. There have been 2 exits, 31 pilots and joint GTM, etc. The new normal has had mixed effects on the ecosystem. We have announced the launched of Cisco Kalki. Kalki is the first-ever VR Experience Centre for Startups.”
Cohort 6 started off with messages from the startups. Sharath Satyanarayanan, Co-Founder Eder Labs, said that Covid-19 has been quite impactful. There is the dilemma of safety and security. Eder Labs is trying to ease this situation. It has made the perpetual AI proof-of-concept. AI is traditionally centralised. Fluid is a simple tool for secure AI deployments. Fluid can help you scale, secure, customise and deploy AI solutions.
Eder Labs cares deeply about privacy and due to the current rate of AI adoption across industries, privacy needs more attention than ever. In early 2018, they had experimented with the various distributed architecture and different approaches to perform privacy-preserving machine learning.
Siddharth Desai, Co-Founder & CEO, Cleanslate Technologies, noted that they are helping optimize supply chains. There are over 200 workers on foot and on forklifts. It takes hours to locate one box. The savings of 10 minutes/shift is equal to savings of $0.5 million a year.
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