You already know Ping Data won a hotly contested CeBIT PitchFest 2018, pipping runners-up Littlescribe and BenchOn to first place. But what about the other seven start-ups selected as finalists? What innovative ideas did they share?
Well, since you asked...
Imagine you could actually step into the living room of the house you’ve not yet built, walk through the rooms, assessing the light and dimensions – even before the plans are finalised. That’s the tantalising scenario Inspace XR provides.
Justin Liang says Inspace XR (and specifically its River Fox product) transforms the way buildings are designed and built, enabling designers to see their VR CAD files immediately, while creating scale-accurate, on-demand walkthroughs of their designs.
Predicting that 80% of architects will use VR in 2018, Inspace XR estimates the market size for VR in real estate to be worth $7.5 billion by 2025. And since AR is, in some ways, on the roadmap of most large organisations, this represents the perfect opportunity.
Liang candidly admits Inspace XR is in its infancy. However, he projects a tripling of revenue to $330,000 in 2018. With few competitors and a moderate subscription fee, we predict this will be one to watch.
Justin Liang, Inspace XR
Food safety and providence has become an overwhelming administrative headache for chefs, particularly across mass catering facilities such as airlines, cruise ships, stadiums and convention centres.
Having to manually analyse and control the biological, chemical and physical hazards from raw material production, procurement and handling, along with the production, distribution and consumption of the finished product, has become a laborious process that is a nightmare for chefs and caterers. This is even before you count the risks and costs inherent in a manual process.
Advanced Catering Solutions and its patent-pending QAMC device looks to change all of this. Using blockchain technology, the company aims to liberate chefs by providing instant insights into things like meat quality, improving the efficiency and decreasing costs of food traceability.
The business estimates the market size at $97 billion per annum, and already has signed up multinational and domestic buyers to take part in pilot programs. The potential for savings in terms of time and headcount hours is one of QAMC’s key selling points.
David Cox, CEO, calls QAMC “the future of food safety compliance”. Given that he used to be an executive chef with first-hand experience of the problem ACS seeks to solve, he clearly knows what he’s talking about.
Did you know there are currently 110 NFL players suffering from the long-term impacts of concussion? So says Dr Adrian Cohen, CEO of Headsafe IP and a former sports doctor. Concussion is a complicated and inexact condition to diagnose, which is why it is so dangerous – and terrifying – for contact sports participants, including children.
HeadsafeIP has developed a Concussionmeter, a portable headset that uses clinically validated, patented tech to measure the brain’s electrical activity when concussed, and send reliable, accurate and objective results to a smartphone. On the brink of receiving regulatory clearance, HeadspaceIP (which is a not-for-profit organisation) hopes to sell its device direct to doctors, schools and sports clubs.
Developed by medtech professionals and researchers, and bolstered by an enviable panel of clinical advisers, the Concussionmeter combines inexpensive hardware with software as a service.
Collection of data over time will enable the organisation to continue improving its diagnostic ability.
While Dr Cohen sees the elite sports teams as becoming champions of the product, its true value will really be felt at the grassroots level – in the community sports organisations, thanks to a projected use cost of just $20 per player per year. That may not sound like a lot, but the company estimates its market opportunity at over $2 billion globally.
There are currently 1.3 billion people worldwide who don’t have access to electricity. So imagine not only giving everyone access to electricity, but doing so through a source of energy that is twice as efficient as its rivals, while also being quieter and safer and powered by natural energy resources.
Imagine no longer. Diffuse Energy has developed a small wind turbine that is so powerful and efficient (and quiet!) that individual Australians can supply their own power – becoming completely energy independent – via natural energy resources.
Joss Kesby, Inventor and Managing Director, says his start-up’s offering has already been trialled successfully by yacht owners (at a cost of around $3000 per wind turbine) and is now looking to grow. He foresees a time when wind turbines can be part of domestic electricity generation, working in partnership with the solar panels many households already have.
Currently seeking suppliers and advisors, battery and solar PV distributors and trial customers, Diffuse Energy is keen to capitalise on what could potentially be a $50 billion small-scale distributed renewable energy market, on top of a $3 billion small wind market.
David Hegarty says the idea for this start-up came from a customer, who pointed out that while you can remotely monitor machinery, sensors and can even control robotics from a central location, you can’t monitor people in the field. Meanwhile, 300 million people worldwide are injured in the workplace every year, at astronomical cost to the global economy.
KnowHowWhere uses the IoT to build an app that prevents injuries and improves safety for workers in mining, construction, infrastructure, transport and defence.
The app knows who each worker is, exactly where they are and what equipment they are near so it can serve up contextually relevant information to those workers. That’s personalised, just-in-time learning and safety alerts to workers as they operate in their dangerous environments.
Developed by people with over 20 years’ experience in providing IT solutions, KnowHowWhere runs on IoS and Android, making it readily accessible to most workers. The app also syncs with HR or ERP softwares for up-to-date organisational data.
With 78,000 users already across three top mining organisations, this start-up knows its place is among any business with the field-based workforce, and is looking for seed funding to expand its network, customer base and brainstrust.
Oppizi both poses and answers the question: why aren’t hand-to-hand flyers a more commonly used marketing channel?
Flyers may be old school, but Paul Khodor, Oppizi Sales Manager, says it’s an incredibly effective medium. With an already enviable customer list (Airtasker, Uber and The Iconic) Oppizi is a technology that powers offline marketing.
Customers can develop the campaign online, then platform managers can use an app to recruit brand ambassadors to promote companies (via flyers) in their spare time. Additionally, the platform is a way to track and optimise offline campaign performance.
Seeking growth, recruitment and strategic (clever) money, Oppizi plans to grow its footprint from Australia and the UK to India, Hong Kong, Japan, Brazil, the US and Mexico.
Paul Khodor, Oppizi
Recruiters are excellent at filtering and sorting the best candidates for the job. But how do you select the right recruiter for the job? Sourcr!
Co-founder James Jennings says this platform allows businesses to find and compare recruiters, as well as manage existing relationships more effectively.
Sourcr sees a huge opportunity in the market, and has already landed some seed funding and started a VMS pilot with SpecSavers. The platform even offers “no placement, no fee” terms, lowering the risk for users.
Employees can post a job and set fees, compare and select recruiters and receive candidate shortlists before hiring top talent. All this is backed by a 60-day money-back guarantee.
If you’ve been inspired to create a start-up but would like to get some more tips, our How to launch a start-up e-book can help. Download it today.