Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: Diafyt from Germany

Another week, another part of our startup series! Clear the ring for Diafyt, one of the 13 HealthTech startups that made it into this year’s CODE_n CONTEST final. Thomas Wuttke, founder of Diafyt, wanted to use new technologies and medical knowledge to develop the missing tool simplifying the everyday life of diabetes patients. In our interview, he tells more about the idea behind Diafyt and how exactly the promising smartphone app works.

Logo_DiafytWhat is Diafyt all about? How did you come up with the idea?

Thomas: Estimating the optimal amount of insulin at the right time is challenging for people with diabetes. From a control point of view, the main challenges are time delays, constraints, meal disturbances, and nonlinear dynamics. Developing an easy to use and inexpensive way suggesting insulin doses to patients will simplify diabetes therapy for type 1 diabetes.

A minimally invasive system using subcutaneous continuous glucose monitoring and a smartphone app is needed. The tested method is using a stochastic regression method in combination with real-time sensory data and big data analysis.

The software prototype is running on a smartphone where data are collected from continuous BCL metering, a cell phone movement sensor and manual data entry for food intake (e. g. carbohydrates) and insulin doses.

I have diabetes myself and wanted to use the new technology and medical knowledge to develop the missing tool that will simplify diabetics everyday life. I’ve been thinking about Diafyt as early as I can remember – this idea that one day I will be able to live a life as if I did not have diabetes. I am a visionary who will persevere until Diafyt comes to life while making sure it is medically certified and following the highest IT security standards.

“Digital Disruption“ – that’s the motto of this year’s CODE_n CONTEST. What makes your solution innovative, what makes it disruptive?

Thomas: Diafyt takes HealthTech to a brand new level. It changes our relationship with health management by providing a tool that uses the power of Big Data and our phones to compute information our brains are not able to manage. So far, new technology has been used only to monitor our life, like a digital diary of our health. Diafyt is on the verge of a new evolution that looks in the past to anticipate treatment needs. Diafyt is cultivating the idea that technology can be used for something else than leisure or business. It can be used to improve our health management and take away the burden of uncertainty. Take care of what you love, we take care of the rest. More…

Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: BuchhaltungsButler from Germany

52 CODE_n CONTEST finalists – that means 52 amazing teams, 52 innovative business models – and – also, 52 exciting interviews: Over the next weeks, we will present each finalist with a short Q&A, giving you a first impression and some valuable insights before you can get to know them yourself during our new.New Festival in September. We are happy to start off this series with BuchhaltungsButler – a Berlin-based startup belonging in our Applied FinTech cluster. Read on to find out all about their “out of the box accounting” tool!

Logo für BlogWhat is BuchhaltungsButler all about? How did you come up with the idea?

Maximilian:
BuchhaltungsButler is all about automatizing the financial accounting process. It is designed for the needs of SMEs and automatically turns transactions and invoices into accounting records.

The user just has to connect the bank accounts and upload the invoices. Instead of manually doing the sorting (invoice to transaction) and accounting work, the user only has to validate the automatically generated data.

“Digital Disruption“ – that’s the motto of this year’s CODE_n CONTEST. What makes your solution innovative, what makes it disruptive?

Maximilian: We tried to design an accounting tool out of the box, that not only meets the requirements of freelancers and solo entrepreneurs but still meets the requirements of SMEs, currently working with Lexware or DATEV. Our main focus is automation. We do not want to over engineer our product and might never have all features DATEV has, but we aim to automatize 80%+ of the accounting work through AI, that is currently done manually.

You’re one of the 13 finalists in the Applied FinTech contest cluster. Which challenges do you think young companies have to face in this sector? How do you handle these challenges?

Maximilian: I believe that the FinTech industry is still behind other industries when it comes to digitalization. It is a sector that is mostly dominated by bigger players with larger resources, who are slowly getting aware of the challenges of digitalization. Although there is huge potential for Startups in disrupting this industry, there is also a big risk of being pushed out of the market by existing players, once they use their resources to build something innovative. So speed is absolutely crucial to succeed in this industry! More…

Filiz Sarah Gärtner

CODE_n SPACES Residents | blickshift: cutting-edge eye tracking technology

Meet our CODE_n SPACES Resident blickshift! The spin-off from the University of Stuttgart develops software for efficient analyses of the eye movement behavior. Their product, in short, enables the automotive, marketing, and gaming industry as well as the usability research to develop new applications and services based on eye tracking technology. We talked to Michael Raschke, one of the three team members of blickshift about his vision, entrepreneurship in general and the decision to move into our CODE_n SPACES:

Let’s start out with the obvious: Can you explain, in lay terms, maybe with a couple of nice examples, what exactly you do?

Michael: Sure. Imagine you’re interested in finding out how people actually read an illustration in a newspaper. So you show ten people an illustration and ask them a question about it; then you draw their eye movements. A handful of standard techniques already exist for this type of analysis, and, in principle, you can use them as they are. But the moment you need to analyze the information in more detail and find out how specific individuals looked at the illustration, or whether there are groups of people who tend to look at it the same way, these techniques show their limitations. Or it takes an eternity to evaluate just a small experiment. We’ve developed a solution that sidesteps these disadvantages, allowing for extremely efficient eye movement analysis involving a large number of people. In essence, it’s based on the use of big data analytics in combination with highly interactive visualization techniques.

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And who’s your solution for?

Michael: One example would be the car market. Imagine a situation like this: You’re driving down a road and you get to a really busy intersection with lots of people in cars and on motorcycles, and even pedestrians. And then there are road signs and traffic lights. Car companies want to know about drivers’ eye movements in such situations, so that they can evaluate them and adapt their driver assistance systems to better match the driver’s perceptions. The idea is to warn drivers about dangers they may not have noticed or perceived properly. So, for example, there might by a pedestrian who’s just about to cross the street and was almost overlooked. Car companies, their suppliers, and research institutions are carrying out tons of eye-tracking experiments on this at the moment.

This involves recording the eye movements of between 50 and 100 people in different situations, then analyzing the results and translating them into driver models that can be applied to vehicles further down the line. The analysis takes up a huge amount of time.
If you think about semi-automated or even fully automated driving, which the carmakers tell us will happen, they won’t just have to evaluate 50 or 100 guinea pigs, they’ll have to evaluate thousands, if not tens of thousands – just to allow for the development of extremely reliable driver assistance systems. Where we come in is when it comes to efficiently evaluating data from as many test drivers as possible, with just a few clicks of the mouse. At the moment, lots of things have to be done manually. Data has to be exported out of one application and imported into another. Lots of programs have to be written just to answer specific questions. This takes up a huge amount of time, so it’s very expensive. Also, it’s easy for errors to creep into the analysis. Our startup offers a solution to such problems. More…

Filiz Sarah Gärtner

CODE_n Alumni | Catching up with … Connected-Health.Eu!

When entering the CODE_n CONTEST in 2015, the Hamburg-based startup Connected-Health.Eu had exactly one goal: to improve the connection between doctors and patients. The young company based around Johannes Jacubeit (Ph.D.) has come a long way since then, constantly improving the idea behind their product: finding a modern way to transfer a patient’s health data (medical records, radiographs, …) into the doctor’s office – via smartphone – securely and conveniently. For our CODE_n Alumni catch-up series, we had a quick chat with Gabriel Adorf, Designer at Connected-Health.Eu about the latest developments.

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Following on from your time as a CODE_n Finalist, what have been Connected-Health.Eu’s greatest achievements?

Gabriel: We have succeeded in building a running beta version of our hardware and are testing it in 20 doctor’s offices in Hamburg. Corresponding to that we have successfully launched an iOS and an Android App. We have raised a seven digit seed investment in 12/2015 from High-Tech-Gründerfonds, Innovationsstarter Fonds of the city of Hamburg, and a group of private investors. (Editors note: You can find all the information in the respective press release.)

What lessons have you learned or failures you’ve experienced and how have you coped with them?

Gabriel: We talked to an investor too long, that eventually just jumped the ship after three months of negotiations. We should have canceled the deal way earlier. We coped with it by having better investors now who really believe in the product as well as the team.

What were your biggest takeaways from your time at CODE_n?

Gabriel: We learned how important it is to get everybody from the team out of the office from time to time to speak to customers and to people who never heard a thing about the product. It helps you in every position in the company to know how to explain everything in a few sentences and to know all the common questions about the product. More…

Moritz Gräter

Moving ahead: GFT invests in CODE_n Alumnus parkpocket

In our first interview with parkpocket, Karoline Bader, CFO of the future mobility startup, told us all about their initial idea and vision. A lot has happened since then: the team backing siblings Karoline and Stefan Bader worked hard; parkpocket celebrated a product relaunch today. Originally based in Munich, they grew immensely and recently opened a second office in Stuttgart, located in the CODE_n SPACES. This goes hand-in-hand with even bigger news: GFT, the initiator behind CODE_n, has invested in the startup once selected as finalist for the CODE_n15 CONTEST.

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Around half a million – that’s the amount GFT invested in the startup with the parking solution; however, the bond between the young company and its investor goes beyond money. Ulrich Dietz, CEO of GFT and CODE_n initiator, believes that the parkpocket solution “will solve a very essential issue. An issue that millions of people face on a daily basis.” To Stefan Bader, CEO of parkpocket, Ulrich Dietz has taken on the role of a mentor: “For us, GFT is a partner and advisor, rather than just an investor,” he says. The relationship is also special in the sense that, while GFT has acquired quite a few firms in the past, this is its very first startup investment.

Embedded into the CODE_n Ecosystem

With the opening of an office in the CODE_n SPACES, parkpocket is automatically embedded into the CODE_n Ecosystem – even more so now than they were before. Although CODE_n has been set up as an international startup initiative, bringing in partners and know-how from all over the globe, being based in the CODE_n SPACES Stuttgart means: being close to Baden-Wuerttemberg’s strong industrial environment. As a future mobility startup, parkpocket will definitely be benefiting from the fact that the automotive industry is literally right around the corner.

More…

Filiz Sarah Gärtner

Guest article | Accenture: Germany’s future lies in digital services – Part 2

Accenture Riemensperger

Frank Riemensperger, Chairman of the Board of Accenture Germany & Board Member of BITKOM

Part 1 of the guest article by Frank Riemensperger highlighted a number of issues for many industry sectors, which lead to one conclusion: companies that remain purely product manufacturers will sooner or later be pushed backwards in the performance chain and ousted by a better supplier. Companies that want to grow against this not only need to simply use (more) IT, but also develop business models that cover a product’s entire lifecycle. This follow up article will reveal even more insights on the Accenture study.

The Internet of Things illustrates that the digital caravan is heading clearly in this direction. As soon as our intelligent products leave the factory, they connect to the Internet and are then reachable to many via digital means. Just how enormous and in particular how quick this digital revolution can be for the business models of established manufacturers in Germany is often still under-estimated.

Ultimately, for patients it’s not about the best X-ray machine, but rather the best evaluation of the X-ray image. A diagnosis based on millions of digitally collected reference images can be a crucial support for radiologists.

Now, medical equipment manufacturers can offer such a service in future as an additional service to their product. Otherwise a third-party provider will supply the service. One thing is for sure: only companies that keep (long-term) patients tethered to the digital umbilical cord will be able, with all likelihood, to take charge of their all-round care too. More…

Filiz Sarah Gärtner

Finalist | Kumi for health (Germany) – improving health care provision, enabling clinical excellence

Our Industry 4.0 finalist kumi for health developed a web-based, platform-type software delivered to hospital departments as a service. kumi Flow offers a patient-specific innovative link between diseases, corresponding clinical pathways and tools allowing for care-team-interaction. Within kumi Flow’s smart logistics solution, network- based information (e.g. from sensors/ location trackers) will dynamically drive optimization of Health Care professionals proposed workflows and lead to better provision of care. We talked to Dr. Timothy Mende, CEO of kumi for health about his solution.

Fore more information visit: CODE_n CONNECT | Website

Where did your idea for the company come from?

Dr. Timothy Mende (kumi for health): Bad quality of treatment in hospitals and overwhelmed and often frustrated clinicians – both closely linked to insufficient clinical care processes – are problems I experienced daily while working as a physician at a large German university hospital. From there on I was hooked on the idea of making hospitals a safer place for patients and a more rewarding and less cumbersome place for clinical staff. We found our company’s name by looking at our core values: „kumi” means „team” in Japanese – which perfectly fits in with our belief that healthcare provision needs to be teamwork at its very best!

For which kind of audience is your product or service intended and what problem is it solving?

Dr. Timothy Mende (kumi for health): kumi is bringing the digital todo list to where it creates the biggest value: hospitals! Our industry-specific intelligent ‚Wunderlist‘ is to be used by doctors, nurses and further members of clinical teams in the in-patient hospital setting (e.g., a cardiology or orthopedics department). For clinicians we will solve the problem of cumbersome and only partially effective work routines by replacing workflow-related ad-hoc communication and pen & paper todo lists with a smart, engaging and beautiful tool. For patients this approach leads to solving the problem of variant and partly inferior quality of care. Finally, we are helping hospital executives in their struggle to ensure best in class treatment quality and safety while running their hospitals efficiently. More…

Filiz Sarah Gärtner

Finalist |KIWI.KI (Germany) – Connecting cities by making the physical key obsolte

KIWI is a handsfree access-as-a-service infrastructure for apartment buildings providing efficiency gains for the real estate industry and true convenience for residents. KIWI makes the physical key obsolete and connects cities by connecting every front door. We talked to Dr.-Ing. Christian Bogatu, Managing Director Product, Sales & Marketing of KIWI about his solution.

For more information visit: CODE_n CONNECT Website Twitter

Where did your idea for the company come from?

Christian Bogatu (KIWI.KI): The idea for KIWI actually came from our co-founder Claudia Nagel. Standing in front of her door one day, hands full of shopping and the kids at her side, she was wondering why she still has to use physical keys these days. When she then spotted mail men and garbage collectors with their huge key chains, she realized that a more intelligent solution to deal with all the key hassle could actually be quite successful. That’s how the idea for KIWI was born.

For which kind of audience is your product or service intended and what problem is it solving?

Christian Bogatu (KIWI.KI): KIWI.KI builds a citywide IoT infrastructure based on KIWI – secure, hands-free access-as-a-service for apartment buildings. For our business customers, access is at the core of their daily activities. Package delivery, waste management, and other service providers need to gain entry in order to do their jobs. This necessitates a huge headache of physical key management. With KIWI installed, it’s simple: A single “Ki” opens all authorized doors and management is done centrally and securely. The private residents, on their part, enjoy the safety and convenience of hands-free access with KIWI. But there are even more potential user groups like rescue services or in the field of ambient assisted living. For example, the Berlin fire brigade has already been using KIWI in a pilot project since December 2014. More…