Europe’s journey back to the top
“i-volution” – Europe’s path becoming a global innovation leader was the overall topic of the 14. IT- & Beratertag in the Vienna Hofburg. Raiffeisen Digital Banking & Innovation used the opportunity to present innovative startups on stage. Our CEO Berthold Baurek-Karlic provided an intro to the topic, explaining why Corporate Startup Engagement (CSE) is gaining awareness in Austria and Europe. The main reason being the fourth industrial revolution, which brings us highly automated processes and a further expansion of digital technology. This development is pushed forward through broadband access, almost unlimited memory capacity, object-oriented coding, unified modelling language, and quantum computing. These technologies make it easier and cheaper for new players to launch a business and challenge established companies. One strategy for corporates to encounter this development is by working closely with startups and therefore gaining access to innovation and new business opportunities.
Note:
Agreeing on a valuation is one of the most critical point for a good corporate startup relation. We developed a startup valuation tool to help with that.
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7 awesome Austrian startups
So which are the promising startups in Austria?
Paying with bar code – #Tyrolean #fintech @bluecodeapp presenting its paying solutions. pic.twitter.com/anofTt4oBZ
— Venionaire (@Venionaire) November 17, 2016
First, Blue Code presented their pan-European mobile payment scheme. It is based on blue codes, which are generated and displayed on mobile phones and can be easily scanned by the merchant. With this solution the banks stay in control of their customer data and merchants can integrate the solution in their customer relations programs. You can use Blue Code already in several stores such as Billa, Bipa, Hervis, Spar, Unimarkt and much more.
https://twitter.com/Venionaire/status/799223366074986496
Cashpresso is the winner of the RZB “Innovation to Company” Startup Challenge. Co-Founder Daniel Strieder explained how they offer costumers an easy access to loans. You can read more about this startup here.
Stefan Kjaer from @purchasedAT promises his costumers “a shitload of money” by offering an infrastructure for selling digital goods. pic.twitter.com/CvR7QpH1I5
— Venionaire (@Venionaire) November 17, 2016
The idea of purchased.at is to enable easy and cost efficient integration of professional payment methods for online shops specialized on digital goods. The big advantage of this startup is that it is a spin-off of the IT & payment service provider IXOLIT. The company has a lot of experience concerning payment methods integration into web shops on a global scale, helping companies to save “a shitload of money”, as IXOLIT COO Stefan Kajer emphasized. Read more about purchased.at here.
Great presentation from @mikeseeh about @yodeltalk – the smartest telephone number on the planet, accepting and delegating calls through #AI pic.twitter.com/Cds8k9Xbd3
— Venionaire (@Venionaire) November 17, 2016
Yodel got especially good feedback from the audience. The company – founded in Austria and London – offers an artificial intelligence business phone assistant, which can answer and process customers calls, helping companies to save time and efforts.
Good example how vivid startup ecosystem pushes innovation: First clients of #chillbill were other startups. #beratertag2016
— Venionaire (@Venionaire) November 17, 2016
Chillbill is a young Austrian Startup, which offers automated management, storage and processing of invoices.
. @Matthias_Wolf from @firstbird about the war for talents and how their software helps to find the best employees. #beratertag2016 pic.twitter.com/T3rSqR7WoZ
— Venionaire (@Venionaire) November 17, 2016
Firstbird is going to change the way you recruit employees. They see the most natural and efficient way to connecting people with jobs through personal relationships and built a cloud-based employee referral platform for teams and corporations that makes recruiting easy and more effective.
Finding new hot leads: #startup frux helps companies to reach this goal through #bigdata #beratertag2016
— Venionaire (@Venionaire) November 17, 2016
Last but not least, FRUX presented its solution: a way in which companies can get more hot leads. The startup already won the CA Technologies Startup Challenge.
We think these startups are great examples of the high quality we have and how corporates can profit from starting their own Corporate Startup Engagement (CSE) Program. For more details about CSE check out the presentation from Berthold Baurek-Karlic or contact us. We are more than happy to help!
