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AI continuing to gain ground: Awards presented to winners of the "Founder Competition - Digital Innovations"

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AI continuing to gain ground: Awards presented to winners of the "Founder Competition - Digital Innovations"

EMO Hannover

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AI continuing to gain ground: Awards presented to winners of the "Founder Competition - Digital Innovations"

Improving energy management through artificial intelligence, using a smartphone for virtual sewing patterns, or saving human lives with a digitalised process chain: these are just some of the unique ideas with which start-ups were able to convince the jury of the "Founder Competition – Digital Innovations" organised by the Federal Ministry for Economic Affairs and Energy (BMWi). There was a further increase in the number of AI-based ideas submitted to the competition. The BMWi in cooperation with the VDW (German Machine Tool Builders' Association) and the VDI Nachrichten magazine presented the awards to the winning teams at the EMO in Hanover on Tuesday.

Everyone is talking about artificial intelligence, smart data, cloud computing and augmented reality. The "second wave" of digitalisation and the wide range of start-ups are evidence that the spirit of invention unleashed by digitalisation is still very much alive. It is also demonstrated by the start-ups which received awards from the BMWi on Tuesday at the EMO in Hanover. Their innovative ideas cover a whole range of areas such as corporate energy management, industrial production, the manufacture of custom-made blood vessel prostheses, the secure networking of devices in the Internet of Things or the fashion sector.

Total prize money of over 300,000 euros was awarded to 21 new businesses from the digital industry. Six teams each received a main prize of 32,000 euros, with 15 further start-up teams receiving prize money of 7,000 euros each. In addition, the special "Digitalisation in Production" award was also presented, with prize money of 10,000 euros. In addition to the prize money, the winners benefit from individual coaching and mentoring through the "Founder Competition - Digital Innovations" network of experts.

Of the six main prize-winning teams, the etalytics start-up from Darmstadt had two reasons to celebrate: in addition to the main prize, it also took the "Digitalisation in Production" special prize.

The five other award-winning teams in the main category:

 

 

 

 

 

 

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