Welbitz Wins ITEXPO's Idea SHOWCASE

By

It was a sweep. Both the audience and the judges at ITEXPO’s IDEA Showcase Thursday picked Welbitz as the winner.

The company went up against fellow startups Bekindr, chirrp, Observables, NationPay, and Park Capital. Each company had just a few minutes to give its elevator pitch. After each pitch, a panel of judges had the opportunity to ask a few questions. Then, the audience and the judges voted for what they considered the best idea. Welbitz won the audience vote by a wide margin.

Welbitz aims to make it easier to detect breast cancer.

The company has developed a connected device and a mobile app. The device is a thermometer patch that a woman puts on her breast. If one breast is significantly warmer than the another, that can signal breast cancer, Welbitz says.

The patented device has received FDA 510(k) clearance. And the company expects to bring it to pharmacies in the not too distant future.

Welbitz said this device and its mobile app will encourage women to do self-exams more frequently.

As for Bekindr, the presenter talked about how the company encourages people to share their stories. But it was unclear what the business model or product is.

A company called chirrp talked about its artificial intelligence-based platform. It enables businesses to interact with their customers on multiple channels. That way customers don’t have to wait on hold to reach businesses by phone. And businesses can deliver personalized conversations for customers based on the data they’ve collected.

NationPay told its story as well. The company provides cardless banking solutions.  In this case, a bank creates a BankNet on the NationPay wallet for 5000 NPT. The bank selects the fees for up to 3 signatories for minting and burning operations. The fee for the use of a token is 1 per or less. Any person can add the BankNet as a token wallet account, but only a client can mint tokens from their bank account at that bank to this token wallet account or burn tokens back to that bank account. And the Client can send the token to unbanked friends or family around the world, or trade the token for tokens of a foreign bank needed by a friend and then send those tokens to the friend.

Observables has a router that does premises management. It can help IT integrators, managed services providers, value-added resellers and others connect, manage, monitor, and control connected devices at customer locations and software-defined local area networks.

And Park Capital talked about a platform to deliver concierge services. Several noteworthy brands will be launching services, based on the white-label version of the platform, in the next couple of months.




Edited by Mandi Nowitz

Executive Editor, TMC

SHARE THIS ARTICLE
Related Articles

Coding and Invention Made Fun

By: Special Guest    10/12/2018

SAM is a series of kits that integrates hardware and software with the Internet. Combining wireless building blocks composed of sensors and actors con…

Read More

Facebook Marketplace Now Leverages AI

By: Paula Bernier    10/3/2018

Artificial intelligence is changing the way businesses interact with customers. Facebook's announcement this week is just another example of how this …

Read More

Oct. 17 Webinar to Address Apache Spark Benefits, Tools

By: Paula Bernier    10/2/2018

In the upcoming webinar "Apache Spark: The New Enterprise Backbone for ETL, Batch and Real-time Streaming," industry experts will offer details on clo…

Read More

It's Black and White: Cybercriminals Are Spending 10x More Than Enterprises to Control, Disrupt and Steal

By: Cynthia S. Artin    9/26/2018

In a stunning new report by Carbon Black, "Hacking, Escalating Attacks and The Role of Threat Hunting" the company revealed that 92% of UK companies s…

Read More

6 Challenges of 5G, and the 9 Pillars of Assurance Strategy

By: Special Guest    9/17/2018

To make 5G possible, everything will change. The 5G network will involve new antennas and chipsets, new architectures, new KPIs, new vendors, cloud di…

Read More