Innovative Insights with Valencio Cardoso, co-founder of Dubai Startup Press Pass

Press Pass is a beta interactive directory of journalists organized by the beats they work on, the regions they cover, and the media organizations they work for. The site aims to help people – from local businesses launching new products and services to citizens with newsworthy photos – reach journalists who may be interested in their story. Using Twitter, Press Pass has identified more than 5000 journalists from over 250 media organizations, and is tracking tens of thousands of tweets per month, with each tweet continuing to build and refresh the directory.

Press Pass is a self-funded startup based in Dubai, founded by David Haddad (@daveying99) and co-founded by Valencio Cardoso (@valenciocardoso), both of whom are enthusiasts of participatory communication via technology. Innovation 360 recently spoke with Mr. Cardoso about the inspiration behind the website.

How did you come up with the idea for Press Pass?

Valencio Cardoso

Valencio Cardoso

It’s not so much how we came up with the idea, but how we validated the idea. We follow the lean startup concept developed by Eric Ries (@theleanstartup), which is based around the idea that in order to not waste time and build something your customers really want, you should build a minimum viable product, get feedback from your users, iterate the platform based on that feedback, and then repeat the process over and over again.

The main idea that David and I wanted to focus on was creating a place where regular people could develop relationships with journalists. So we came up with a few different concepts that revolved around that idea, developed mockups for each and solicited feedback from our target audience (journalists, people in PR, small business entrepreneurs, etc.). One of the things we learned is that regular people have a hard time finding the right journalists in an efficient manner, and that process was taking up a lot of their time – there was no one location to find the journalist who would be relevant to their story.

On the flip side, journalists were receiving a lot of stories that were irrelevant to the beats they were covering, and this was becoming a real time-waster for them. So it became clear that be most obvious way to enter the space first would be to first create an organized directory of journalists. [Read more...]

New Report Highlights Top 20 Emerging Innovations

What are the top 20 emerging technological innovations? According to CLSA Asia-Pacific Markets, an independent brokerage and investment group, there’s a diverse list of technologies, such as implantable electronics and quantum computing, and also trends, including social computing and open data initiatives, that will have significant impact over the next few years. The “Top 20 Innovations for 2020” list is part of CLSA’s very in-depth and thought-provoking report on the state of innovation and technology – “2020 Innovation: Pulling the Future Toward US.”

Nanotechnology (Source: nanodeltech.com)In addition to the top 20 innovations list, the report includes insightful analysis of how global drivers such as the economy, technology and shifting manufacturing borders are affecting innovation in many different industries. The authors also look at current inhibitors to innovation including R&D spending, VC funding, immigration restrictions and patent laws.

And if that is not enough, the report also contains company profiles on 16 innovative global organizations including tech giants Apple, IBM, Microsoft and Google, as well as McDonald’s, Coca-Cola, American Express and even Schlumberger.

Last but not least, CLSA interviewed more than a dozen innovation experts (including myself) and included the transcripts in the report. I shared my thoughts on the culture in the Middle East and how it affects innovation and entrepreneurship. It’s just a small part of this impressive report that everyone with a stake in this innovation economy should study and learn from.

Click here to download a free copy of the report

 

The Social Networking (R)evolution: How Cyberspace Communication Enables Everyday Collaboration

Social networks enable collaborationFacebook has more than 500 million active users, 70 percent of them outside the U.S. Twitter has 100 million users sending 140 million “tweets” (short online messages) a day. Both of the social networks made headlines recently for their role in helping Egyptian and Tunisian protesters organize rallies and stay in communication with one another. But few people know how Facebook, Twitter and other social networks contribute to communication and collaboration every day – not just in extraordinary circumstances, but for business professionals, researchers, educators, innovators and others around the world. [Read more...]