![]() That is really only possible when you have a critical mass of players. It starts with human, human to human relationships, and then the information flows start and then you start to ask questions like, well how can I make it more efficient or more automatic, and that’s where technology comes in. Because we have these seven companies and because they have the scale that they do, it was more economically viable for us to formalize sharing cyberthreat intelligence across those companies and then to support it with technology. But there isn’t a lot of horizontal sharing there’s some but not a lot. There’s one in energy, there’s one in health care, and on and on. In the financial-services industry they have an organization called FS-ISAC. Q: How unusual is your collaborative approach?Ī: (With) cybersecurity threat intelligence, the industry today is structured largely around vertical industry sharing. So as we generate revenues then that will help to enhance the operations of the company and the whole ecosystem that results from that really creates a scale economy. This is a part of fulfilling that piece of our mission. The original intent was really to help the companies recognize the synergy that comes from collaborating together on common areas of challenge and then to create a sustainable company so that it can endure in the region and survive on its own. Q: Will this make your work self-supporting?Ī: Yes. The cycle was we started with these collaborations, that progressed into some level of product or prototyping engagement, which then fed a library of IP, which is now being progressed into one or more products, and we are packaging combinations of our services and products together for commercial offering. Q: Where has your work led the Collaboratory?Ī: A library of (intellectual property) has resulted from those engagements, outputs from the engagements themselves where the member companies are deriving internal benefits from using them, a core set of services that the company itself now has and an emerging set of products that are now under development that have directly resulted from those collaboration efforts. … That has led to numerous project engagements with our members as well as product-development efforts. Our focus is primarily advanced analytics and cybersecurity, and we’ve done that. ![]() ![]() The beginning, we really wanted to establish multiple collaborations where the various practitioners from the companies could get together, share ideas and best practices around topics of interest in strategic areas of IT. He talked with Columbus CEO about the Collaboratory’s progress and future opportunities.Ī: What you’re seeing now is we’re starting to enter the next phase, where we’re competing the cycle. … I think the bigger news is we’re expanding commercially as well,” Wald said. “We have the same seven (founders) but we are in the process of expanding the company. Named a “Who to Watch: Central Ohio” leader by Smart Business Magazine in 2017, he is an early stage technology company advisor, an observer on the board of Exacter, Inc., and a member of the Ohio Attorney General’s advisory board for CyberOhio, an initiative aimed at providing a collaborative cybersecurity environment for Ohio’s businesses.Phase one of the Columbus Collaboratory was to help seven non-competing major employers in central Ohio address common data and tech issues, but where the unique company goes from here is wide open, CEO Matt Wald says. Matt holds an engineering degree in Computer and Information Science from The Ohio State Leveraging past work in technology commercialization, knowledge management, and lean startups, he has built related consulting practices and speaks on innovation and collaboration to drive strategy and results. ![]() Matt has been a practitioner of both the art and science of collaboration from technology implementation teams to corporate governance in the boardroom. As a career corporate entrepreneur in business and technology innovation, he has launched or revived multiple businesses, and has led numerous successful national product launches, acquisitions, and exits valued from $5 million to $400 million. Currently President & CEO of the Columbus Collaboratory, a unique advanced analytics and cybersecurity solutions company, he works with large businesses to harness the power of collaboration to drive financial return, competitive advantage, and talent development. Matt Wald is a lifelong information technology enthusiast specializing in business growth and in placing collaboration at the center of innovation, leadership, and accelerated learning.
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