Inveneo Enhancing Educational Offerings and Spinning Off a Broadband Startup
Delivering sustainable computing and wireless connectivity is at the heart of Inveneo’s mission. Our belief is that technology can fundamentally transform the way a community engages with the world and pursues economic opportunities. Our commitment to this belief has brought us through designing and manufacturing sustainable hardware, serving rural organizations and building partnerships with local ICT entrepreneurs. The results have spanned from placing solar powered computer labs in thousands of schools to deploying large-scale broadband networks for healthcare, economic development and relief.
Earlier this year we revisited our strategy and began to make a few significant changes. We moved away from building and selling our own equipment to focused on identifying and sharing the best equipment and software solutions for education and connectivity. Now, nine months later, we’re using what we’ve learned to make a few more changes to our model, intensifying our focus on technology and connectivity for education and spinning part of our broadband connectivity team off into an independent venture.
Sharpening our Focus on Education
Education is going through a technological revolution on a global scale. With equipment costs plummeting, low-power device options multiplying, and with content and online education availability increasing rapidly, the potential for vibrant, sustainable models for technology in underserved schools is finally emerging.
At Inveneo we believe that this shift in the development landscape makes education the single most important place for our technology and expertise to focus. With recent large-scale education projects in Haiti, Tanzania, Uganda, and smaller projects in many more countries, we’re focusing on how to scale rollouts of computing and tablets to maximize sustainability and development impact with education partner experts. Our education technology solutions encompass all of the things we do best – low power computing, power systems, robust networks, management software and very importantly local partners to design, deploy and support the systems. We’re making education top priority moving forward. Our local partnerships are fundamental to Inveneo’s vision and approach, and we look forward to continuing our work with you, our partners, on implementation, support and maintenance, and business development.
Spinning Off Broadband
Another key decision is to spin out a new entity focused on accelerating access to broadband in emerging markets. Almost two years ago Inveneo launched our Broadband for Good (BB4G) initiative to determine how to drive critically needed broadband access by deploying cutting-edge broadband technology and new partner delivery models in developing countries. The BB4G initiative allowed Inveneo to explore the needs of countries, carriers and governments around the world and to deliver high quality, cost effective network models with local partners. This includes our Haiti network used by two major telecoms and covering a quarter of the country, as well as networks serving three education programs across the West Bank of Palestine and connecting islands and schools in the South Pacific. However one thing we’ve learned is that broadband, in a not-for-profit setting, is best suited for project-specific implementations. Inveneo will continue to deliver broadband projects for education.
However, the more we understood the vast need for broadband in the countries where we work, the more we realized that deploying project-based broadband networks, while highly impactful, would not deliver broadband at the same speed as a for-profit model.
Inveneo is proud to introduce Volo, Inveneo’s first spin-off, which will center its efforts on broadband services for emerging markets.
Volo’s goal is to deliver broadband in emerging markets around the world. Using our experiences during BB4G, the new Volo team will be working to provide connectivity using cutting-edge technology and a network of partners. Mark Summer and Kristin Peterson will head the new Volo team, however they will continue to serve on the Inveneo board and support our efforts.
What this Means for Inveneo and You
Refocusing our efforts and modifying our team will of course have an impact on Inveneo, as we are an exceptionally close-knit organization. There have been a few additional staffing changes, including the announcement of Bruce Baikie as Inveneo’s new Executive Director.
We want to make sure that you understand that while we’re excited to make our internal changes, these changes will not affect our current projects. We’re excited to have the opportunity to use technology to serve the communities we work in, and we aim to continue this as we push forward. We believe that this new focus will help us grow even faster, allowing us to help even more communities around the world.
We hope that as part of the Inveneo family you’re as excited as we are about these changes. Thank you for all the support you’ve given us over the past eight years, and we look forward to eight more!