Predect wins entrepreneur competition with their water protection system

May 25, 2010 at 10:58 am | Posted in Uncategorized | Leave a comment

The winner of IBM SmartCamp Sweden has been announced. Predect, with their real-time water detection, charmed the jury with their smart solution, fulfilling the criteria of being Instrumented, Interconnected and Intelligent.

IBM has now fulfilled the event SmartCamp Sweden. The event was for smart entrepreneurs who like IBM want to build a smarter planet. The prize awarded to the winner is a three month long mentorship with IBM, where IBM supports the winner with everything from technical expertise to business goals to new contacts.

Cleantech company Predect claimed the prize from IBM, with their unique water protection system for real-time microbial contamination detection and automatic sampling. The system uses sensors to detect water contamination in real-time, enabling immediate action before the local population start getting sick.

Karl Bohman, CEO Predect – We’re incredibly happy to stand victorious among the tough competition from the very qualified companies, but we are above all looking at a thrilling opportunity to combine IBMs products and services with Predects solution to increase the value for our clients, says Karl Bohman, CEO at Predect. Today we monitor water quality every second in water works. If we have thousand of our systems in different water works across the globe, IBM could help us with compiling all data and construct new services on top of that. We also believe that there is an interesting commercial potential for us to join forces and sell and market these solutions to IBMs new and existing clients within the Water Management segment, Karl Bohman contiunes.

– Predect offers a solution in perfect alignment with our Smarter Planet strategy, where intelligent, instrumented and interconnected solutions can contribute to making our world both smarter and better, says Mauritz Gillberg, Nordic Manager ISV & Developer Relations, IBM. They are also helping to solve a serious global problem where 1,6 million people die from drinking contaminated water.

SmartCamp Sweden was arranged by IBM and business incubator STING, who had another prize to hand out. STINGs prize, is a free admittance to their exclusive sales program. The prize was given to Info24, a digital information broker that enable companies to connect their machines, devices and resources with their enterprise systems and partners.

Five smart finalists made it to the final with mentoring sessions and pitches to a jury
Over 60 entrepreneurs and start-up companies showed interest in SmartCamp Sweden, where 18 of them were called to an interview at IBM in Sweden. Of those 18 companies, 5 made it to the final. This shows that there are indeed several smart entrepreneurs out there, willing to co-operate with IBM to make our planet a bit smarter.

The event started with mentoring sessions for the entrepreneurs where they could gain advice from experienced advisors from IBM, serial entrepreneurs, venture capitalists, investors, business angels, lawyers, technical innovators and market communicators on how to develop their innovations and how to address various challenges.

The Finalists

Predect is a cleantech company that has developed a unique online water protection system for real-time microbial contamination detection and automatic sampling.

Info24 AB is a digital information broker that provide smart services for companies that strive after the business benefits that connected products and assets offer.

Qlucore provides a software program for data analysis that take advantage of the most powerful pattern recogniser that exists – the human brain.

Virtual Market AB has developed the VCFire System, which provides the fire brigade with a toss and turn 3D model of the building with continuously updated temperatures and statistics and information about the building on fire, on their way to the scene.

Yubico is the innovation company behind the YubiKey – a unique USB-key for strong authentication to networks and services.

Mentors

Advokatfirman Vinge, ALMI Invest, Battani, Cloudmore, Creandum, Eqvitec, Gridmanager, KTH Chalmers Capital, Linköpings Universitet, Mosync, Northzone Ventures, Oxyfi, SEB, STING, Stockholms Affärsänglar, Text 100, IBM

Link to the mentoring companies and biographies of the experienced mentors

SmartCamp Overview

IBM arrange SmartCamp to encourage more companies and entrepreneurs to contribute with innovation to build a smarter planet.

SmartCamp is hosted in the cities Dublin, Stockholm, Boston, Tel Aviv, London, Silicon Valley, Paris and Copenhagen where the finalists participate in mentoring sessions and pitches to a jury. The winner from each city will participate in the global final in Dublin in November.

For more information concerning this article, please contact Ginstmark, Carina (carina.ginstmark@se.ibm.com).

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