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Does Data61 have a track record of successful projects? Have they been able to successfully fund a single project that returned a positive return on investment?
by legostormtroopr 5y ago
Does Data61 have a track record of successful projects? Have they been able to successfully fund a single project that returned a positive return on investment?
Not say all research must be commercialisable, but at least some of it should be.
- senbarryobama 5y agoAudinate made audio over ethernet Apple-like.
- EarthMephit 5y agoYes, they developed the first WLAN chip. Their Wifi patent alone brought in $430 million dollars: https://www.ipaustralia.gov.au/tools-resources/case-studies/csiro-wlan-patent https://www.ipaustralia.gov.au/tools-resources/case-studies/...
- legostormtroopr 5y agoThat was the CSIRO (and boy don’t they love to tell people they invented wifi). I asked about Data61, given that they are meant to bridge research and industry through commercialisation, I’ve yet to hear of an actual profitable success story from them.
- saithound 5y agoHivery (AI for retailing) came from Data61 and has raised a massive amount of money, and Propeller Aero (drone surveying) is profitable. Not sure if seL4 and Audinate count (they started out as NICTA projects, before Data61), but they are both commercially viable.