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INiTS Demo Day: Incubees dominated by digitalisation

direction sign to Demoday © INiTS/Conny Kucera

Six out of the eight startups presented products and solutions focusing on the issue of digitalisation. Incubees undergoing the one-year incubation programme of the Viennese high-tech incubator INiTS are not "conventional startups". In order to be accepted into the programme acclaimed by the Swedish rating agency UBI Global, the applicant must take part in a stringent selection process. The product solutions must be real innovations which have a chance to survive on the international marketplace. Scalability and high technology are the basic pre-requisites. Moreover, all startups must boast a university or academic background.

The eight startups included Visplore, which developed an interactive analysis software enabling engineers to carry out an independent and comprehensive evaluation of mass data, Xencio, an AI- and machine learning-based analysis tool for automated cash flow management, Greenwell Energy, which carries out research on renewable energy from unused oil and gas wells and Trality, a trading bot tool for digital securities trading for everyone.

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