Temando win IBM SmartCamp Competition
IBM today announced Temando as the 2013 winner of IBM SmartCamp Sydney. One of four IT start-ups from Australia and New Zealand selected to participate in the event, Temando has developed a unique delivery management software system.
Yesterday’s event is the second IBM SmartCamp to be held in the Australia and New Zealand region. The IBM SmartCamp initiative is part of the company’s Global Entrepreneur Program, which provides startups with coaching, mentorship and connections to venture capitalists, clients and partners. At each of the events, which are held across the globe, local venture capitalists, serial entrepreneurs, professors and IT industry experts come together to provide advice to participating entrepreneurs. The programs culminate with participants pitching their business to a panel of expert judges.
IBM SmartCamp Sydney Judges were particularly impressed by Temando’s ability to articulate their vision of an interconnected and smarter delivery management platform for online retailers and end consumers. As winner of IBM SmartCamp Sydney, Temando will now receive three months of mentoring by IBM experts and free access to IBM technology. Temando will also advance to the SmartCamp Regional finals in Istanbul in October. The winner of the Istanbul event will receive an invitation to IBM’s SmartCamp Global Finals, where the IBM Global Entrepreneur of the Year will be named.
“The IBM SmartCamp program and event has been a real eye-opener for our business. It has really helped us refine our business pitch process,” said Carl Hartmann, CEO and Founder of Temando. “We are thrilled to have been a part of such a program that has helped us connect with IBM and industry experts to build up our network as we look forward to the next step of our business.”
IBM SmartCamps are designed to open up opportunities for startups to scale quickly. Last year’s IBM SmartCamp Sydney winner, CropLogic, has raised NZ$1 million in funding since the event, and together all previous IBM SmartCamp participants have generated more than US$115 million in venture capital and angel funding.
“IBM SmartCamp made us more pitch-ready, and winning this competition has increased our profile with US venture capitalists,” said CropLogic CEO Jane Hill. “Over the last 12 months, we have gone from strength to strength, building our management team [with people experienced in start-ups] and entering a joint venture with a telemetry provider. We are now in the process of raising more funding in the US.”
Since 2000, IBM has helped accelerate more than 1,500 startups around the globe in key areas such as green energy, health care and transportation.
“IBM SmartCamp is designed to spark innovation and help start-up companies scale technologies to tackle the world’s most pressing issues, and the 2013 finalists are testament to that,” said Michael Stevens-Jones, Global Entrepreneur and SmartCamp Executive, IBM Australia and New Zealand.
“Our goal is to help facilitate an environment that coaches and connects these IT start-ups with the industry at large in order to help create a Smarter Planet. We congratulate Temando and all the finalists on their innovative business ideas.”
Meet the other 2013 IBM SmartCamp Australia and New Zealand finalists:
BIMstop – The only finalist from New Zealand and the IBM SmartCamp Sydney Runner-Up, BIMstop integrates real world building products and their data into 3D building information modelling software used by architects.
BliiP Global – Bliip Global took at this year’s People’s Choice Award. BliiP’s web-based assessment tool creates individual profiles that demonstrate the employability of job seekers.
Food Orbit – Based in Sydney, the Food Orbit runs an online farmers market that enables chefs and restaurateurs to trade directly with local farmers and producers via the internet.