STARTUP COMPETITION

The perfect opportunity to get the global visibility you deserve. Present your startup value proposition.

STARTUP COMPETITION WINNERS 2022

STAGE 2

Natali Tshuva

STERNUM

STAGE 1

HAO YIN

TEGmat

STERNUM

stage 2

Sternum works with device manufacturers across sectors and enables them a quick, remote PoC to test its universal platform on the customer’s device. The types of devices could vary from routers to medical pacemakers to PLC’s and industrial control systems.

Sternum currently protects hundred thousand IoT, IIoT and IoMT devices. Number of Fortune 500 customers from various sectors.

Sternum go-to-market strategy includes direct sales, PLG and partnerships.

When looking at the IoT security and observability landscape you can come across 3 main approaches:

IoT devices are a dangerous vector of cyber attacks, since their software contains exploitable vulnerabilities. Patching is not an effective control and wastes resources.

SLINGSHOT SIMULATIONS, LTD

stage 2

As businesses are overwhelmed by a data deluge, in large part driven by the IoT and all it enables, our decision intelligence technology solves three critical challenges facing organisations today:
• Creating New Value by Linking and Discovering Critical Relationships in Data in New Ways: Being overwhelmed by data, existing methods cannot efficiently link siloed,.

Disconnected data to reveal the most critical insights hidden within them and discover new relationships where none were known to exist before. We deliver patent protected graph technology enable our customers to link and discovery new relationships in their data. Graph technologies were identified as a critical enabler on Gartner’s tech radar for 2022
• Ease of Use: As research by the UK government and others has confirmed, organizations lack the hardcore data science skills required to implement their data strategy at scale. Our no code environment supported by automated workflows are critical to empower non expert user access and bring advanced data science to the masses
• Reduced Total Cost of Ownership: Often costing tens of thousands of pounds per user per year, advanced data science platforms are beyond the means of many individual contributors and SMEs and lack the cost scalability for even large enterprises to democratize the tools across their broader workforce beyond the core data science team. Our entry level products are free for community usage so that anyone anywhere can leverage the power of data science to tackle the biggest challenges we face today

XYTE TECHNOLOGIES LTD.

stage 2

We live in an era of subscription and are facing a growing adoption of as-a-Service business models. This has created a shift in customer expectations and decline in equipment margin – all these factors are forcing hardware manufacturers to rethink their services and competitive advantages.

However, manufacturers, today, offer mostly leasing models. To support a true Hardware-as-a-Service (HaaS) model, hardware manufacturers need a whole new set of tools to be able to provide exceptional service to their customers and improve their competitive position.

FLAIR3D DIGITAL TWIN VIEWER - GET-TECH INNOVATIVE SOLUTIONS INC

stage 2

Digitization of construction industry was always behind other industries. In all phases of construction incl. Design, Building & Operation there are problems with sharing & storing of large amount of project data & outdated software. Major issues include complicated workflows, disconnected information, limited software functionality & inefficiency.

Industry partners are working in silos, wasting time and money by using pen and paper rather than electronic devices on construction sites, lacking proper technology to track progress of work, material delivery or people safety, and during operation – facility monitoring.
Construction industry is one of the least digitized just barely above agriculture. It is time to change it now, and the entire industry is looking for the right solutions to do it.

IBISA GROUP

stage 2

Reliable data on the production processes, we come from the industrial world and we live the attempts to digitize the reports of the production plants, but this never worked well at the end of everything, why? the data must be born from the procedures, for a clear reason: context, and that is what ibisa solves really well.

We connect processes with people and machines, creating collaboration between them and extracting analytical data from there. Connected machines through IoT, people through mobile devices and all orchestrated through our BPMS-type process and procedure modeler.
Ibisa digitizes any process that is still analogous within the production plants, if they do not have traceability, data or still use paper, scoreboards or excel for management and control, then there is a use case for Ibisa.

RECLOUD (OCTOCAM-MAPS)

stage 1

Recloud offers a B2B software for the digitization of site control. Recloud compares the architect’s BIM model with a 3D scan of the building. In this way, deviations and execution errors are detected in time.

Our end client is the construction manager in charge of construction quality control.
The BIM market is an exponential growth market estimated at 2.1 Billion Euros. 3D scanning is also developing with an annual growth of 13.4% worldwide.

We are currently testing our MVP with the best architecture firms in Barcelona (Batlle i Roig, GCA, Ribas&Ribas). Based on their feedback we will improve and adapt the software to launch it to the market in the next 2 months.

TEGMAT

stage 1

The challenges TEGmat is addressing, are that conventional thermal energy harvesters are bulky, heavy and stiff, and they contains rare elements, which limit their large scale applications in industries. TEGmas’s new design is light-weighted, flexible and more environmentally-friendly. We believe this will open new opportunities for implementing thermal energy harvesting technology for autonomous IoT devices.

One of our major potential is in heat exchangers. Heat exchangers that exchange heat between fluids 24/7 over long operating periods, and are subject to eventual failure inevitably through corrosion, thermal shock and especially fouling. Fouling increases energy consumption of pumps, decreases productivity and even leads to catastrophic production halts. Additionally, heat exchanger fouling may be responsible for 1-2.5% of global CO2 emissions.

COR.SYNC

stage 1

Also known as heart attack, myocardial infarction is one of the deadliest diseases in the world, and half of these deaths happens inside hospitals. When a patient reach for the emergency care with chest pain, the doctors will follow the acute cardiovascular disease protocol. For a reliable clinical diagnosis, along with the ECG, a troponin blood test is necessary, but it takes more than 1 hour on a traditional laboratory, and at least 3 tests are required for each patient. During this waiting hours, the patient can suffer from myocardial injury, that will lead to a cardiac insufficiency (heart failure) or even to death. An early treatment is the best way to avoid chronical diseases and prevent death.

Cor.Sync Point of Care was developed to empower healthcare professionals, so they can provide a better diagnosis when patients present with chest pain at the emergency care. The customer can be hospitals with emergency care or laboratory inside these hospitals. Both are usually refunded by the public healthcare system or by the health insurance.

APOCRAT GMBH

stage 1

Currently there are about 39 million smart households in the EU and this number is rapidly growing. Not only due to innovative companies bringing new solutions to the market but also because of the users that are longing for comfort.
However, while the market is constantly evolving there is something that was left behind for a long period of time: the privacy of the users.

Smart devices like smart TVs, robot vacuum cleaners, smart watches or even light bulbs collect a lot of information about the users. This information is then used for analytics, shared with partners and also slowly integrated into the programmatic advertising network (e.g., Goldbach network) – all without the users knowing or having any reasonable option to say no.
But due to an increasing awareness of users for privacy issues and new legislative actions like the TTDSG in Germany or the EU ePrivacy regulation (in progress) providers of smart devices will need to increase their privacy actions.
Especially the two laws / regulations mentioned above are explicitly demanding a solution that gives the user the possibility to refuse the sharing of their data. Violations of this demand will lead to fines up to 300,000€ or even worse – all the smart devices that do not comply will need to be shut down, which could lead to tremendous losses up to several million € a day.
So, there is the urgent need for a solution that helps the providers get their data but in a way that is legally compliant, user-friendly and that ultimately helps the smart device sector evolve in a privacy-friendly way.
And this is what we are providing in the form of the first consent management platform for smart home devices.

VIEZO

stage 1

Our solution is built on monitoring the axle box bearing health, registering wheel set mileage, detecting the flat spots on the wheels and GPS-locating of wagons saving time, money and decreasing accidents in the railway industry. Vibration energy harvester is based on a unique piezoelectric PVDF polymer material, which is affordable and environmentally-friendly at the same time and the ecological problem that we are addressing is high battery usage in the rail industry.

There are few big companies that are producing similar products, therefore our solution is maintenance-free and make sensors live longer than anything that is available on the market.

Timeline

SUBMISSION

29 MARCH 2022
Deadline for submmision of candidatures.

NOTIFICATION

13 APRIL, 2022
Selected companies will be notified.

PAYMENT

20 APRIL 2022
Selected Startups must sent a proof of payment of the participation fee to the event organization.

PUBLICATION

22 APRIL 2022
Official announcement on the website.

2022 STARTUP COMPETITION JURY

RAFAEL SALMI

Global President

DON DELOACH

Managing Partner

DANIEL MARCO

General Director of Digital Economy and innovation

KIM BLOMQUIST

Global President

The startups will be broken in to two classes. The first will be for Stage One entrepreneurs who have developed a Minimum Viable Product (MVP). The second will be for Stage Two Entrepreneurs who have built out minimal elements needed for scale and commercialization. All startups will be within the specific use case classifications. The selected startups (5 per category) will participate at the Startup Competition that will be held in person during the IOT Solutions World Congress 2022.