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AWS, IBM Watson IoT, Cylance, Menlo Security, Stuart McClure recognized in 2016 NetEvents Innovation Awards

Key players in the Internet of Things (IoT) and Cloud markets, be they start-ups or established companies, were given recognition at the IoT and Cloud Innovation Awards 2016, announced at the NetEvents Global Press & Analyst Summit at the Mountain Winery, Saratoga in the US.

Hot Start-Up Cloud Award accepted by Michael Wood, VP of Marketing, VeloCloud, presented by Jim Lussier, Managing Partner, Coast Ridge Group

SAN JOSE, CALIFORNIA – Key players in the Internet of Things (IoT) and Cloud markets, be they start-ups or established companies, were given recognition at the IoT and Cloud Innovation Awards 2016, announced at the NetEvents Global Press & Analyst Summit at the Mountain Winery, Saratoga in the US.

Award presented to Stuart McClure, CEO, Cylance, by Janice Roberts, Partner, Benhamou Global Ventures

Award presented to Stuart McClure, CEO, Cylance, by Janice Roberts, Partner, Benhamou Global Ventures

Award presented by Sathya Atreyam, Research Manager Worldwide Wireless Network Infrastructure, IDC

Award presented by Sathya Atreyam, Research Manager Worldwide Wireless Network Infrastructure, IDC

Hot Start-Up Cloud Award accepted by Michael Wood, VP of Marketing, VeloCloud, presented by Jim Lussier, Managing Partner, Coast Ridge Group

Hot Start-Up award accepted by Peter Lunk, VP Marketing, Menlo Security presented by Jim Lussier, Managing Partner, Coast Ridge Group

Erin Dunne, Director of Research Services, Vertical Systems Group presented Cloud Leader Award to AWS, collected by Greg Cross, Zonic Group

Erin Dunne, Director of Research Services, Vertical Systems Group presented Cloud Leader Award to AWS, collected by Greg Cross, Zonic Group

Innovation Idol Award Winner, Stuart McClure, with Mark Fox, CEO NetEvents

Innovation Idol Award Winner, Stuart McClure, with Mark Fox, CEO NetEvents

This year, five categories were awarded: Hot Start Up – IoT; Hot Start Up – Cloud; IoT Innovation Leader; Cloud Innovation Leader; and the additional category of Innovation Idol Award.

IBM Watson IoT won the IoT Innovation Leader Award, as it was recognized for its “leading role in IoT/Analytics/Cloud convergence and the product’s operational simplicity.” It won over ther finalists: Intel, Qualcomm and Wedge Networks Inc.

Amazon Web Services (AWS) won the Cloud Leader Award, with the company cited for “turn(ing) conventional enterprise IT wisdom on its head by providing reliability and speed at the lowest possible cost” and setting a “defining standard for the cloud.” Other finalists in this category were Google, Ixia and Salesforce.

Menlo Security won the Hot Start-Up Cloud Award, besting other finalists VeloCloud and ZeroStack Inc. In presenting the award, Jim Lussier, managing partner at The Coast Ridge Group, said: “In the end, the judges felt Menlo Security’s breakthrough ‘isolation platform’ approach… best exemplified disruptive innovation.”

Cylance won the Hot Start-Up IoT Award, beating finalists H3 Dynamics Holdings Pte Ltd and Javelin Networks.  Janice Roberts, partner at Silicon Valley VC firm Benhamou Global Ventures, said as she presented the award that “the ‘Internet of Things’ is quickly extending into the fields of healthcare, transportation and mission-critical industrial applications, where reliable, preventative, cybersecurity solutions are essential. Cylance already provides a proven solution to endpoint security having rapidly acquired over 1,000 customers, while routinely preventing over 99% of threats. We believe that CylancePROTECT  through combining an Artificial Intelligence, cloud-based approach, and utilizing minimal CPU resource, can offer the scale, performance and cost requirements that the industry needs to safely deploy, manage and connect millions of smart devices.”

The additional Innovation Idol Award went to Stuart McClure, CEO/president and founder of Cylance, who was recognized for “setting a trend that is taking the industry by storm: taking a disruptive approach to security by incorporating highly effective Artificial Intelligence and machine learning techniques into latest generation security applications.” As Innovation Idol, McClure joins past winners that includes Ethernet inventor Bob Metcalfe, OpenFlow inventor Martin Casado who set the industry down the SDN path, and Silicon Valley legend Andy Bechtolsheim.

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The winners were judged by an independent panel of over 30 technology press and industry analysts representing over 35 organizations across the globe.

Money raised by this years’ awards is shared among three charities: STEM, UNICEF and the Prostate Project Foundation. This years’ charitable contributions brought the total raised to-date to over $115,000.

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