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A linked network of computers can create a virtual super computer, while social networks and open-source models often present problems to the wider community in the hope that they may proffer a solution. The lesson being: the power of many is greater than that of the individual.
Sad news this week that INNOVIC, the support organisation for innovative Victorian startups, will be restructured due to lack of government funding.
The winners of Innovic's International Next Big Thing Award, which identifies innovative products with the potential to change the world, were announced last Friday.
The 25 finalists in INNOVIC's Next Big Thing Awards have been named and will be on show at the Melbourne Museum from 30 May to 12 July. The Awards, which identify exciting new commercial innovations, were opened up to international entries this year. The finalists reflect the key challenges of our time in the medical, environmental and ICT fields.