KINEXON wins Disruptive Tech Challenge 2014 in the category Internet of Things (IoT)
- Awarded solution offers centimeter accurate 3D localization and motion sensing in in- and outdoor environments.
- Technology offers huge potential for various sectors such as manufacturing, logistics, healthcare, and retail.
- Jury: “Very impressive pitch and technology ” with “lots of different use cases”.
Munich, 11 December 2014 – KINEXON is proud to announce that it was awarded as winner of the Bird & Bird Disruptive Technology Challenge 2014 in the category Internet of Things. Cohosted with SAP, the challenge was organized jointly by Bird & Bird teams in London and Munich and Ntegra Greenside in conjunction with Trend Micro, TNS Infratest, and VOICE (the German CIO organization). Ludwig Maximilian University of Munich and Voice also provided support during the judging stages.
The Challenge involved a two-stage screening process where the final presentations took place at SAP in Halbergmoos. Each company was assessed by a distinguished judging panel of industry leaders against a range of competencies. The criteria included:
- Innovation in product services and technological approach
- Competitiveness of products and services
- Clearly defined USP(s)
- Plans for international growth
- Marketing strategy
- Strength of customer base
At the end of the process Kinexon was announced as proud winner by the jury. “Very impressive pitch and technology” with a “good range of potential markets,” said David Medwell, UK Ministry of Defence. “Very interesting IoT sensoring […] solution,” added Martin von Haller of Bird & Bird Copenhagen.
“We are very proud to be elected as winner and are deeply grateful for the trust and confidence that the high class jury has placed in us,” said Dr. Oliver Trinchera, co-founder and managing director at KINEXON. “Precise and smart position and motion data will be a key enabler for the Internet of Things. The award highlights the enormous potential of this high growth market and honors the valuable contribution of our technology.”
As well as receiving mentoring support and legal advice from Bird & Bird, KINEXON will be promoted by VOICE to present at the 2015 CeBIT in Hannover, and invited to showcase their innovations at Bird & Bird’s Annual UK Technology Update which will be held in London in November 2015.
Kinexon powers the internet of things with smart location and motion data. The core product, Kinexon ONE, is an innovative real time location and motion sensing solution. Besides location and motion it also detects the condition and status of people, objects and workflows.
The core of the system is the Kinexon CELL – a small and lightweight sensor that tracks the 3D position and orientation of people and objects with centimeter accuracy. The sensor operates seamlessly, i.e. both in indoor and outdoor environments. A cloud based smart analytics application transforms the data and provides the user with valuable and unprecedented insights. Data can be accessed from any internet enabled device such as PC, notebook, smartphone or tablet PC (e.g., iPad).
Kinexon ONE enables customers to use smart location and motion data to improve processes and products in terms of quality, costs and time. Kinexon solutions are used by renowned companies in a number of sectors such as industry, healthcare, logistics, retail, sports, robotics and unmanned aviation.
Kinexon has received a number of awards for its innovative solutions, for example as Overall Winner of the European Satellite Navigation Competition 2013 that is supported by the European Commission, the European Space Agency ESA and the German Aerospace Center DLR. Kinexon was also awarded at the ICT Labs Idea Challenge on Cyber Physical Systems which is organized by the European Institute of Innovation & Technology. The company is located in Munich, Germany.
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