Internet of Things. Big Data. Blockchain. Digital disruptions are transforming the way we do business and creating new opportunities to address social and environmental challenges. As we enter the “fourth industrial revolution,” how might these new technologies help us transition from our linear “take, make, waste” economy toward a system that is more circular and sustainable over the long-term?
ASU graduate students are invited to answer this question at the Cisco Circular Economy Challenge, an interdisciplinary competition offering $2800 in prizes. In this challenge, teams of students will become Cisco entrepreneurs developing innovative solutions to market opportunities. Teams will apply Cisco and Internet technologies to global problems and opportunities faced by Cisco customers-developing new products and solutions that enable customer success and accelerate the transition to the Circular Economy.
“The competition will present students with a real business challenge we are tackling at Cisco right now,” says Abbey Burns, Cisco Sustainability Manager and member of the judging panel. “We are excited to see what the teams come up with.”
Students interested in competing must form a three- to five-person team in advance and register online (deadline has passed). The competition is open to all graduate students at ASU. Participating teams will receive the specific challenge a week before the March 23rd competition, giving them time to research, formulate ideas, interview experts, and practice their presentations.
“We’re at the number one school for innovation, so I can’t wait to see our students apply their creativity to move us closer to a circular economy,” says Eve Richer, W. P. Carey MBA Student Eve Richer and event organizer as part of a Circular Economy Innovation Project for the Schmidt MacArthur Fellowship. “It should be a fun event and a great chance for students to learn and network.”
Important dates are summarized below:
- February 20: Optional Information Session
- February 23: Priority deadline for team: (deadline has passed)
- March 16: Student challenge released
- March 23: Full-day competition; teams present to judging panel