Cozify – Revolutionizing Home Automation, something we headlined in 2015! At the time, the CODE_n15 contestant was pursuing a vision to provide home automation to everyone. In a follow-up with Antti Vihavainen 10 months after participating in the CONTEST, he told us the latest developments regarding the successful shipping of the first Cozify hubs, which also brought valuable customer and market insights. Cooperation with big players and continuous work with international channel partners really helped boost the business. “Obviously our task is to copy and improve on the progress we made in Finland,” Antti now tells us. Two years on, we had the pleasure of chatting with him again and so much has happened. Prepare yourself for the fact that Cozify is daring to transform the insurance sector from acting as a reactive provider of compensation to becoming a proactive companion in life – based on an enhanced vision of expanding out of the smart home toward a more comprehensive smart living concept! Fail fast, iterate fast, and the balancing act between quick revenue and hunting scalable opportunities are just some of the topics Antti discussed with us.
We continue our Alumnus catch up with Codeatelier and provide you with more founders news of Waldemar and Jochen. If you missed the start, don’t forget to catch a glimpse at part 1. But finally, find our why they don’t necessarily recommend establishing a startup in the hardware sector to other entrepreneurs. Furthermore the founding duo sheds light on what’s behind the new startup project Steuerbot.
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 ;-).
Digitization, digital transformation, industry 4.0 – these buzzwords, along with their inherent opportunities, are currently on the minds of established companies from the industry. Yet how does one deal specifically with this digital transformation? What solution strategies are being implemented to propel traditional industries into the future? And at the end of the day, what has been proven to be successful? CODE_n shines a light into the darkness and talks with decision-makers from the CODE_n community. We ask about their lessons learned and actions taken off the beaten path in order to blaze new trails – Get excited about our exclusive insights into the world of corporate innovation! Today we are speaking with the CEO of CODE_n partner Hager Group, Daniel Hager. This family company is one of the leading providers of electro-technical installation solutions and has been an active partner in the CODE_n community with various innovation activities since 2013.
Most of the time, digitalization is the solution to everything, isn’t it? So why shouldn’t it be a solution to the world’s energy problem? But how can digitized processes help to save the planet? Their biggest advantage is helping to a significant reduction in CO2 emissions, while they minimize the need for some resources (i.e. paper) in manufacturing as well as in logistics. The digital transformation of industries can help to avoid an estimated 26 billion metric tons of net CO2 emissions and this only from three industries: electricity, logistics and automotive. So it’s high time we went for it! Since every increase by 1 percent of the global gross domestic product, the world’s carbon emissions rise by an estimated 0.5 percent.
Digital innovations should therefore be taken on account and used against this trend. Because, applied in the right way, digital technology can save lots of energy, even if it sometimes consumes much. Based on some examples, we show you here how easy can it be for a company to save energy and thereby to make the world a whole lot better.
Your startup in Connected Mobility is reinventing the wheel! By developing new transportation and supply chain solutions for people, goods and information you are driving the revolution of mobility. Innovations in Connected Mobility will not only have a tremendous impact on the economy by finding more efficient ways for transportation, but also improve the integrated services for information processing, data security and manufacturing. One key technology of Connected Mobility is the Internet of Things, a concept of non-living objects intelligently communicating with each other. By means of this information technology we can expect groundbreaking changes for both our society and economy.
Making home automation possible for everyone – that was the idea the Finnish startup Cozify presented as one of our 50 CODE_n Finalists at CeBIT 2015. A wireless smart hub, easy to set-up, use and expand, that would connect smart devices from different manufacturers into one seamlessly working entitiy. Back then we were convinced that the young company would do just great. 10 months later we met the team at WebSummit in Dublin and are more than happy to share the latest developments with you:
Following on from your time as a CODE_n Finalist, what have been Cozify’s greatest achievements?
Antti Vihavainen, Business Developer, Cozify
Antti Vihavainen: During the CeBit, Cozify didn’t have a commercially available product, but we promised to start shipping in two weeks. We kept our promise and delivered the Cozify Hub to all people who had preordered. As it was the first version, it was essential that we had perfected the update mechanism so that end users didn’t need to do anything to receive the latest version of our firmware and the Cozify App.
In summer 2015 we experimented with various value propositions, marketing messages and price points. We also kept on adding new supported devices to the lineup. It was a bit of a surprise to note that the price was a much less significant factor than the wide range of support for the legacy smart home devices.
And the media picked up on that?
Antti Vihavainen: Yes, Cozify has been featured by several Finnish media companies. We were in the biggest car and technology TV show and most recently there was an article in the biggest technical magazine in Scandinavia. All of this has increased our credibility in a way that our sales in the home market have grown to a very satisfying level.
We have done joint marketing with a major electronics retailer in Finland, and noticed that the conversion rate is good enough for maintaining a sustainable business model.
We have continuously worked with international channel partners and are moving from trials and pilots for business as usual towards the beginning of 2016. Obviously our task is to copy and improve on the progress we made in Finland.
Half time at CeBIT: Two days lie behind us already and there are two more to come. But even as the week progresses, CODE_n hall 16 – the hotspot for innovation – has further aces up its sleeve. Future Mobility, Future Banking, Future Finalist – these terms may seem distant or even unreal, but the future is closer than you think: it’s right here with us in Hanover, Hall 16.
For quite a few impressive woman and a couple of courages men, the day started out with a breakfast around the main topic Into the Internet of Things, hosted by SAALZWEI, the business online magazine for female readers. Apart from coffee and great food, visitors received input on the management of successful IT companies, by Marika Lulay, COO of GFT and got to listen to the founder story of Katja Beyer and Dr. Moria Shimoni of CODE_n finalist VAYSUSENSE. Dr. D. Knodel encouraged women to look into programming – the closest thing we have to a superpower!
From IT to Future Mobility: that’s what the conference program on Wednesday seems to be all about. Around midday, the hall is on the move – showing smart mobility and logistics with Frank Rinderknecht and team Rinspeed, Peter Fuss and Dr. Rainer Scholz from CODE_n partner EY, before Accenture presents what driver’s want: an automative survey, taking the sales cycle online. More speed comes from a rather unusual participant: Allianz. Insurance as an enabler for new mobility concepts is something the Allianz Digital Accelerator has in mind. More data-driven, indidivual mobility ideas come from Blue Yonder, showing how algorithms will improve personal travel. More…