BeyondConventions: Start-up power for our digital future!
Corporate culture | Digitization and Industry 4.0 | technologytrends | On February 20 and 21, the final round of a very special digital event got underway at our thyssenkrupp Quarter in Essen. According to the motto "Fail fast and fail cheap", we sought out bold start-ups that offer creative solutions for our digital challenges from our business. Why? Because innovative ideas are best created by working together. Here's a review report.
In November 2017, together with four corporate partners, we sought out start-ups using the platform beyondconventions.de. On the platform, we defined challenges from our businesses and called on the international start-up scene to come up with creative solutions for various challenges, ranging from a chatbot that uses artificial intelligence to help with recruiting to drones that document progress on the construction of industrial plants. Every start-up that was convinced to have a solution for one of the challenges had the chance to apply. Many did.
The start-ups presented their concepts to the corporates in seven-minute-long pitches.
We received over 220 entries. Finally, we invited 35 start-ups to present their solutions to the corporations on February 20 and 21 in Essen. While most of the start-ups who took part came from Germany, there were also digital talents from the United States and New Zealand. We didn’t offer any cash prizes, trophies or certificates; it has been a win-win situation for both sides. Because the best concepts in each case are expected to lead to concrete orders and co-operation. Both the Digital Lab #tkGarage as well as the hackathon #hack4tk 2017 have already proven in the past that partnerships between creative young entrepreneurs and thyssenkrupp can be very promising and successful.
Completing the picture of BeyondConventions were key note speeches from experienced guests in the digital world such as Andrew Goldstein (Managing Director of Deloitte Digital), Andreas Winiarski (Partner of start-up accelerator EarlyBird), Konstantin Mehl (founder of food delivery specialist Foodora) and Steffen Kramer (Industry Manager B2B of Google Germany).
For start-up guru Andreas Winiarski, BeyondConventions is a win-win scenario for both corporates and start-ups.
Deloitte’s digital expert Andrew Goldstein has a clear understanding of why BeyondConventions is an exceptional event.
In their seven-minute-long pitches, practically all the 20 start-ups for the thyssenkrupp challenges convinced us with their unconventional ideas. With eight of them, we are now planning to work together on pilot projects or jobs:
- Automated Connectivity Challenge: logarithmo
- Digital Eyes Challenge: Visensys
- Digital Shopfloor Device Challenge: metatwin
- Drone Analysis & Image Recognition Challenge: ORBICA
- HR Chatbot Challenge: botential
- Product Matching Engine Challenge: FOXBASE
- Virtual Coils Challenge: Petricore Systems
When the name says it all: Presenting “Botential”, happy winner of thyssenkrupp’s HR Chatbot challenge.
Start-ups talk about their success
What is so great about their own start-up? Why is BeyondConventions so attractive for aspiring digital minds? And how do they celebrate their victory? In our short interviews, we have asked some of the winning start-ups exactly these questions.
Felix Friemann of “logarithmo”
Carsten Dolch of “Foxbase”
Start-up power for a digital revolution
The name BeyondConventions itself is a good indication of what we and our partner companies were looking for with the event: unconventional solutions by creative thinkers that break new ground – and a new way of working together. It’s the spirit of Heinrich Hiesinger. In his welcome speech, the thyssenkrupp CEO underlined the importance of cross-cutting co-operation. “Only by working together will we be able to successfully shape the digital transformation,” he said. On stage, Andreas Pinkwart, State Minister for Economic Affairs, Digitization, Innovation and Energy of the state North Rhine-Westphalia stressed the enormous potential of cooperating start-ups and established companies for the digital future too. Because knowledge alone is no longer enough to create true competitive advantages. Combining knowledge from different companies and corporate cultures is of the essence.
For Heinrich Hiesinger, sharing and combining knowledge is a key factor of the digital transformation.
All in all, BeyondConventions is meant to usher in a new form of solution-oriented collaboration. An era of not just talking about the digital transformation, but living it alongside agile and creative start-ups. The aim is to break up old structures and in turn, to implement new concepts flexibly and quickly. In short: With BeyondConventions, we turn digitalization into deeds.
By the way: It is planned that the event will bring together big players and hungry startups again in 2019.