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AI and Open Innovation—A Winning Event for LOIC

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The Luxembourg Open Innovation Club (LOIC) recently hosted an evening of competition and networking centered around Artificial Intelligence.

Holding true to fundamental goal, the LOIC connected a range of businesses from large accounts, SMEs and new startups to help them access new ideas, external competencies and potential sources of growth at the innovation dating event.

These companies included Luxembourgish, French and Belgian thinkers, all of whom had the chance to pitch their ideas in competition and share ideas in a networking setting. Among the competitors were Case Law Analytics, Datakeen, EmailTree, Haapie, HighWave Capital, JetPak Data, Konverso, Sagacify, and Yields.io, who set the evening off with their pitches.

Following the pitches and providing time for Alexa-driven, audience voting was a roundtable under the theme of “How to create business value through artificial intelligence.” LOIC’s own ambassador, Emilie Bechet, hosted the guests from the Ai field: Dr. Emilia Tantar, leader of the artificial intelligence efforts at PwC Luxembourg and co-founder of BlackSwan, and Dr. Patrice Caire, researcher in Artificial Intelligence and Social Robotics. Some of the topics covered were application, externalization and ethics in Artificial Intelligence.

“But they all had one thing in common: the use of artificial intelligence to drive solutions.”

Then came the vote! The audience used and Alexa-assisted system to vote for three prizes: the most innovative startup, the startup with the best value proposition, and the most mature startup. Of the ten total startups in the running, products and services covered topics such as Training, automation, decision-making tools, data analysis and visualization, bots, and process optimization. But they all had one thing in common: the use of artificial intelligence to drive solutions.

“In the end, Haapie took most innovative, JetPack Data took best value proposition, and Yields.io took most mature.”

Bruno Wozniak, Chief Innovation Officer at Cargolux, the event’s sponsor, spoke about the event’s competitors. “Cargolux’s strategy is to become ‘The global carrier of choice’. For us, artificial intelligence has clear potential to disrupt our business model, and we are determined to make the best use of it. It was thus extremely relevant for us to support this event,” he said emphatically.

In the end, Haapie took most innovative, JetPack Data took best value proposition, and Yields.io took most mature.

Emilie Bechet explained her pleasure in hosting the event. “The format of the event is greatly rewarding both for the startups, who get a direct access to the large groups in Luxembourg, and for the corporates, who are given the opportunity to discover local and international innovations and their implications in different fields. I’m glad that we have gotten such positive feedback. It encourages us to do it again!”

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