Lena Gaede

Applications of augmented reality: What are the potentials for the manufacturing industry?

Augmented reality is not only the technology that made animations in football broadcasts and Pokémon GO possible. It is also the technology where global economy impact will grow, from under 5 in 2016 up to 29.5 billion dollars in 2019. Pretty impressive, isn’t it? This growth will also be due to adaptions of augmented reality in the manufacturing industry. Especially with the rise of industry 4.0, AR holds great potentials for improvements in workflow, monitoring and efficiency. We get to the heart of it and present to you the applications of augmented reality in the manufacturing industries.

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Lisa Flieg

Startup Codeatelier: “Our tip to entrepreneurs? Find partners and an amazing co-founder!” Interview Part 1

We love alumni reunions! At the GFT Inspiration Day, we had the opportunity to meet up again with smart home startup Codeatelier. Its two founders, Waldemar and Jochen, gave us an update on what’s been happening since they took part in the CODE_n CONTEST back in 2013. And here’s what we can tell you: There has been a lot of development, since through the competition and the platform at CeBIT, they were able to find a key partner to help them grow further and have now even come up with another startup idea – Steuerbot – which they are currently working on. You’ll also learn in part 2 of the interview why the founding duo doesn’t necessarily recommend establishing a startup in the hardware sector to other entrepreneurs ;-).

 

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Lisa Flieg

“It’s all about Darwinism and survival”: fintech feature part 2 with Blockchain HELIX, Kantox, and fino digital

In part 1 we promised you that we still have more expert opinions in the pipeline, ready to discuss the future of banking and finance and what it holds for us! In the prelude, Nordic hotshot meniga suggested that banks face a real risk of losing their position of power as players like snapchat or WeChat enter in disguise – along with giants like Amazon and thousands of emerging fintechs. However according to meniga, a CODE_n alumnus, making digital banking a drastically better environment as well as gathering speed in providing a top-notch user experience could be a lifeline that allows banks to keep pace with the emerging competitors. What do other players think? Three additional visionary fintechs predict where the digital disruption of the banking and finance sector will lead. But be prepared – they don’t offer easy answers!

CODE_n in a conversation with the CEOs of Alumni Blockchain HELIX, Kantox, and fino digital.

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Laurent Kinet

Guest feature | Alumnus Swan Insights: our bird is soaring with Bisnode Group

Since its participation in the CODE_n CONTEST in 2013, Swan Insights quickly matured from a fledgling into a majestic bird, and is now part of the Bisnode Group.

Swan Insights’ mission was to use data science to turn information into insights. By capturing the value contained in publicly available information, the Swan.business platform contextualized data to provide business users with real-time insights that truly matter. Marketing, sales, and human resources executives can use the technology to improve their performance on a daily basis. From the massive amounts of unstructured text deluging the internet each second, the technology separates the wheat from the chaff by applying NLP and disambiguation techniques, coupled with extreme matching of individuals and organizations. One of the first startups to dive into this subject – which has since gone mainstream – Swan Insights also investigated business value by applying network science, especially social network analysis. Fun fact: Swan stands for Social Web Analysis.

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Lisa Flieg

Jani Penttinen of Alumnus Transfluent: “Success will be defined by the people around you”

The world is becoming smaller every day, not just because of the amazing technological advancements of recent decades, but also because of the way the internet and the digital revolution are eradicating physical and spatial barriers. Things taking place on the other side of the globe suddenly feel like they’re right next door to us – if only those language barriers weren’t still in the way. The CODE_n alumnus Transfluent was founded in the belief that all companies should have an easy way to become global and communicate with their customers in the local language. The conviction of the Finnish startup morphed into a leading translation provider with a global team and solutions that bring them to the forefront of innovative technology. We spoke to the CEO and founder Jani Penttinen about the things that make his business model unique and the journey towards becoming a global, rapidly expanding enterprise. Jani also divulges a couple of personal tips on setting up a successful team and how he successfully pulled together 800k through the crowdfunding platform Invesdor. And that was just the prep work before the planned IPO gets underway! Jani also tells us about the up-and-coming startup scene in Finland.

 

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Anna Shaposhnikova

Guest feature | Transmetrics interview on Physical Internet shaping the future of global logistics

It’s an exciting time to be a part of the logistics industry. Innovation in the space has never been greater with new technologies like driverless trucks, artificial intelligence, delivery drones, smart infrastructures, collaborative platforms, and the industrial internet of things transforming the global logistics supply chain. Finally, an industry once criticized for being slow to embrace new ideas is getting recognized as the leading edge of how technology can solve real-world problems.

A great example of this is an initiative being pioneered by Prof. Dr. J. Rod Franklin known as the Physical Internet. It’s an idea focused on the physical realization of the digital internet to create an open global logistics system of physical, digital, and operational connectivity that will change how goods are moved anywhere in the world. As futuristic as the idea may be, according to Prof. Dr. J. Rod Franklin, it’s not a lack of technology that’s preventing the Physical Internet from becoming a reality today. What’s needed is a new mindset by the players in the industry.

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Lisa Flieg

“Bring lots of enthusiasm and perseverance”: Alumnus SpinDiag shares lessons learned in finding investors

Some exciting news from the CODE_n Community! When we read the story at the end of last month it was nothing short of phenomenal. One of our alumni, the HealthTech startup SpinDiag, has just drummed up €1.6 million in seed capital. The team plans to use the funding to roll out its revolutionary point-of-care screening system for antibiotic resistance and conduct initial trials in hospitals. The HealthTech startup has been working on its novel solution since 2016, following a spinoff from the Hahn-Schickard R&D institute. The system could potentially save hundreds of thousands of lives, thanks to a simple screening test that can ascertain in as little as 30 minutes if a patient is carrying drug-resistant bacteria and thus requires treatment in isolation from other patients. Introducing the screening systems to hospital wards could drastically reduce mortalities resulting from germs: Colonization and infections can be detected immediately and positive patients treated in isolation, thus preventing the transmission of drug-resistant bacteria in the long term. We spoke to the team about the seed funding initiative and asked them what tips they would give to startups. Of course, we were also dying to hear about their plans!

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Lisa Flieg

“Banks are at real risk of losing their power position”: FinTech feature part 1 with Meniga

Banks need to wrap up warmly – the upheaval across the whole sector has only just begun! Cryptocurrencies like Bitcoin and Ethereum are on a mission to revolutionize our monetary system, roboadvisors are superseding human financial advisors using sophisticated algorithms that predict the best personal investment strategy, or transfer money at the click of an icon on your smartphone. And this is just the tip of the iceberg. There is huge potential for disruptive concepts to take us off the beaten track into entirely new realms of banking and finance! The keys to the door for the promising FinTech startups now entering the market are customer service and automation. These two factors are defining current goals, as startups dare to challenge the hegemony of traditional financial services and the age-old banking system. How? By combining cutting-edge technology like blockchain systems, artificial intelligence and big data, and using them to create new and enhanced services for their customers. As part of our Future of Finance and Banking series, we will be looking at this fascinating topic and speaking to some of the “revolutionaries” in the sector. Their aim will be to predict developments in this rapidly evolving market from their standpoint, lifting the lid on visionary FinTech business and gaining insights into the kind of financial world we can expect to experience in the future!

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