Knowledge is a network that connects ideas and information. Innovation Factory is a first mile incubator located in AREA Science Park that provides technical, managerial, and financial support to entrepreneurs and startups. It evaluates ideas, supports the development of business plans, and helps establish new companies. Some examples of companies it has supported include AMPED, which develops forensic image processing software, and ModeFinance, which provides an innovative rating system for evaluating companies' financial strength.
What winning product teams are doing right in today's economyalisoncs
A webinar presentation by Tom Grant, Sr. Analyst from Forrester and hosted by Accept Software & AIPMM.
Social media have demolished the myth that technology vendors were the sole source of innovation in this industry. While technology vendors have great ideas, so too do customers. Just as importantly, innovation is more than just “ideation” or invention. The classic friction between IT and business shows how the success of new ideas depends on acceptance and adoption.
Social media now offer a way for technology vendors to harness the good ideas of their customers, often through the Web 2.0 tools (forums, blogs, Wikis, etc.) that the vendors themselves sponsor. At the same time, social media can help vendors get under the skin of their target users and stakeholders, gaining critical insights that can help make better product decisions more quickly. The broader landscape of social media, beyond what the vendors themselves sponsor, are often the sources of these insights.
However, using social media in this fashion is not for amateurs. Meeting the information management challenges these new resources pose requires skill that not every product team may have, and tools with greater capabilities than spreadsheets and word processing documents.
What winning product teams are doing right in today's economyalisoncs
A webinar presentation by Tom Grant, Sr. Analyst from Forrester and hosted by Accept Software & AIPMM.
Social media have demolished the myth that technology vendors were the sole source of innovation in this industry. While technology vendors have great ideas, so too do customers. Just as importantly, innovation is more than just “ideation” or invention. The classic friction between IT and business shows how the success of new ideas depends on acceptance and adoption.
Social media now offer a way for technology vendors to harness the good ideas of their customers, often through the Web 2.0 tools (forums, blogs, Wikis, etc.) that the vendors themselves sponsor. At the same time, social media can help vendors get under the skin of their target users and stakeholders, gaining critical insights that can help make better product decisions more quickly. The broader landscape of social media, beyond what the vendors themselves sponsor, are often the sources of these insights.
However, using social media in this fashion is not for amateurs. Meeting the information management challenges these new resources pose requires skill that not every product team may have, and tools with greater capabilities than spreadsheets and word processing documents.
Last week I gave the closing keynote in the Agile Dev Practices Conference that took place in Potsdam, Germany.
SAP has been on the way to implement LEAN/Agile for a few years now and it has been a deep change in the organization, affecting e.g. the setup of teams (small cross-functional teams) , the way they work (scrum) and the roles and responsibilities.
In this keynote I have:
Explained why SAP introduced Agile, what does Agile mean for us and then.
How we implemented it:
* Organizational changes (scrum teams with new roles – PO; no more Q-Teams)
* Introducing engineering practices by providing advanced trainings, e.g. for quality engineers, for developers, for teams, and show some key elements of those trainings and workshops.
** Customer focus – Design Thinking
** At the end I showed first where we are today and presented some results and learnings.
Cambridge Consultants Innovation Day 2012: Mapping a bright futureCambridge Consultants
When you are running a global business, how can you bring together dispersed R&D teams and create clear direction for technology development that addresses market needs in different segments and geographies? AJ and Simon will share their insights from a recent innovation roadmapping project designed to achieve just this for Hilti Solar, as well as identifying the transferable lessons applicable to other industries.
SMITH-TRG Global \'Business Value Creation\' Capabilities by Richard D. Smith...richarddsmith
SMITH-TRG\'s founder & president Richard D. Smith highlights the firms global capabilities. SMITH-TRG\'s mission - assist telecom, media, and technology sector C-Suite stakeholders solve complex value growth problems in start-up, mid-market, and global 2000 company operating environments: from the Americas, to Europe, and parts of Asia. Thought Leader: \'forward-looking\' presentations on innovation, enterprise transformation, digital-media, iPopped/Apple-Centric age, and business value creation.
PROCESOi makes a ranking basing on the three key factors that stablish the innovation capacity of a company: three key factors: employees’ brain preferences, innovative work behaviors and innovation practices within each firm
Over the last two decades Avalon Consulting has advised clients on Corporate Strategy and Performance Improvement across a wide range of sectors. Avalon has now brought the Inovo process to India and is pioneering Innovation Consulting in the country
Increasing the ROI of SAP post-implementationRaul Morales
Increase the ROI of SAP post-implementation
Reducing the cost of application support through a Managed Service Delivery model
Increasing the value IT can provide to the business
Start A Drop Shipping Inkjet and Laser Toner Cartridge Business, free with NDITC, Home Business Plan, NDITC Inkjet Toner Printer Copier Fax Cartridges, Make Money, Start your home based business with a NDITC small business plan. Quickly become an authorized HP Hewlett Packard, Canon, Epson Cartridge Dealership, Drop Shipping, Warehouse Direct, Factory Wholesale Pricing, Confidential Services and Consulting. NDITC the North American Cartridge Consulting Leader, Cartridge Refilling, Cartridge Re-Manufacturing, Cartridge Recycling, Import, Export, Domestic, Factory Direct Services Stores Retailers Agents Brokers. How To Become A Millionaire
“Can someone help me start my inkjet laser toner printer cartridge refilling business?”
“My wife and I want to start our own inkjet printer cartridge refilling business. How do I start this business?”
“How can I start my own profitable inkjet laser toner printer cartridge refilling business?” Without Machines or Franchise.
We help people start their very own inkjet laser toner printer cartridge business, all across our country. We assure you, guarantee you, that you do not need any expensive franchise offer. You won’t need any inkjet toner refilling equipment. You won’t have to pay a hundred bucks for some book you found on the internet. You won’t be fooled by a number of hybrid ink and toner offers from fake factories or several web site store offers you see everywhere.
NDITC We’ll show you everything you need to know and learn which shows you how to earn a tremendous income. It takes just a few days and then you start earning money. You’re going to make a lot of money and a whole lot of new friends.
“I want to learn about inkjet and laser toner printer cartridge remanufacturing factories?”
We help people start their very own inkjet laser toner printer cartridge business, all across our country.
NDITC We’ll show you everything you need to know and learn which shows you how to earn a tremendous income.
“How do I import inkjet and laser toner printer cartridges?”
“How can we start selling inkjet and laser toner printer cartridges without buy a refill refilling machine?”
“I want to open my own inkjet toner refilling cartridge business and I don’t have a lot of start up money”
http://www.newdealink.com/
http://www.newdealink.com/NDITC_Introduction.html
http://www.newdealink.com/register.php
http://www.newdealink.com/Contact.html
“What company builds the best refilling machine?”
“Who has the best refilling franchise offer?”
Setting up an International Innovation IncubatorMrsAlways RigHt
A proposal for an international innovation incubator school for high school age students. Leveraging any device to bring access to the latest in learning with experience based projects.
Last week I gave the closing keynote in the Agile Dev Practices Conference that took place in Potsdam, Germany.
SAP has been on the way to implement LEAN/Agile for a few years now and it has been a deep change in the organization, affecting e.g. the setup of teams (small cross-functional teams) , the way they work (scrum) and the roles and responsibilities.
In this keynote I have:
Explained why SAP introduced Agile, what does Agile mean for us and then.
How we implemented it:
* Organizational changes (scrum teams with new roles – PO; no more Q-Teams)
* Introducing engineering practices by providing advanced trainings, e.g. for quality engineers, for developers, for teams, and show some key elements of those trainings and workshops.
** Customer focus – Design Thinking
** At the end I showed first where we are today and presented some results and learnings.
Cambridge Consultants Innovation Day 2012: Mapping a bright futureCambridge Consultants
When you are running a global business, how can you bring together dispersed R&D teams and create clear direction for technology development that addresses market needs in different segments and geographies? AJ and Simon will share their insights from a recent innovation roadmapping project designed to achieve just this for Hilti Solar, as well as identifying the transferable lessons applicable to other industries.
SMITH-TRG Global \'Business Value Creation\' Capabilities by Richard D. Smith...richarddsmith
SMITH-TRG\'s founder & president Richard D. Smith highlights the firms global capabilities. SMITH-TRG\'s mission - assist telecom, media, and technology sector C-Suite stakeholders solve complex value growth problems in start-up, mid-market, and global 2000 company operating environments: from the Americas, to Europe, and parts of Asia. Thought Leader: \'forward-looking\' presentations on innovation, enterprise transformation, digital-media, iPopped/Apple-Centric age, and business value creation.
PROCESOi makes a ranking basing on the three key factors that stablish the innovation capacity of a company: three key factors: employees’ brain preferences, innovative work behaviors and innovation practices within each firm
Over the last two decades Avalon Consulting has advised clients on Corporate Strategy and Performance Improvement across a wide range of sectors. Avalon has now brought the Inovo process to India and is pioneering Innovation Consulting in the country
Increasing the ROI of SAP post-implementationRaul Morales
Increase the ROI of SAP post-implementation
Reducing the cost of application support through a Managed Service Delivery model
Increasing the value IT can provide to the business
Start A Drop Shipping Inkjet and Laser Toner Cartridge Business, free with NDITC, Home Business Plan, NDITC Inkjet Toner Printer Copier Fax Cartridges, Make Money, Start your home based business with a NDITC small business plan. Quickly become an authorized HP Hewlett Packard, Canon, Epson Cartridge Dealership, Drop Shipping, Warehouse Direct, Factory Wholesale Pricing, Confidential Services and Consulting. NDITC the North American Cartridge Consulting Leader, Cartridge Refilling, Cartridge Re-Manufacturing, Cartridge Recycling, Import, Export, Domestic, Factory Direct Services Stores Retailers Agents Brokers. How To Become A Millionaire
“Can someone help me start my inkjet laser toner printer cartridge refilling business?”
“My wife and I want to start our own inkjet printer cartridge refilling business. How do I start this business?”
“How can I start my own profitable inkjet laser toner printer cartridge refilling business?” Without Machines or Franchise.
We help people start their very own inkjet laser toner printer cartridge business, all across our country. We assure you, guarantee you, that you do not need any expensive franchise offer. You won’t need any inkjet toner refilling equipment. You won’t have to pay a hundred bucks for some book you found on the internet. You won’t be fooled by a number of hybrid ink and toner offers from fake factories or several web site store offers you see everywhere.
NDITC We’ll show you everything you need to know and learn which shows you how to earn a tremendous income. It takes just a few days and then you start earning money. You’re going to make a lot of money and a whole lot of new friends.
“I want to learn about inkjet and laser toner printer cartridge remanufacturing factories?”
We help people start their very own inkjet laser toner printer cartridge business, all across our country.
NDITC We’ll show you everything you need to know and learn which shows you how to earn a tremendous income.
“How do I import inkjet and laser toner printer cartridges?”
“How can we start selling inkjet and laser toner printer cartridges without buy a refill refilling machine?”
“I want to open my own inkjet toner refilling cartridge business and I don’t have a lot of start up money”
http://www.newdealink.com/
http://www.newdealink.com/NDITC_Introduction.html
http://www.newdealink.com/register.php
http://www.newdealink.com/Contact.html
“What company builds the best refilling machine?”
“Who has the best refilling franchise offer?”
Setting up an International Innovation IncubatorMrsAlways RigHt
A proposal for an international innovation incubator school for high school age students. Leveraging any device to bring access to the latest in learning with experience based projects.
Team Growth: Building an Optimization Dream TeamGuido X Jansen
Short presentation about the team behind optimization: what are the team roles you need at what maturity level? Presented @ Optimizely Experience in Amsterdam and Meet Magento Madrid
Ricoh Academy Revisited bijeenkomst bij DSM met het thema Chaning Business Models & Innovation. Een gevarieerd programma met mooie sprekers. Sustainability & Alliances als rode draad door het programma.
Virtual Business Incubator Framework for Enriching Innovation Ecosystem 2013Vasily Ryzhonkov
The main purpose of this work is to find possible solutions for overcoming challenges of existing business incubation models. The end goal is to provide practitioners with the model of economic development tool which will help them to build new generation of business incubators, e.g. to guide management teams, policy makers, entrepreneurs and educators in establishing a successful business incubation program (BIP). Eventually the model intends to expand the limits of existing business incubation models.
Research has shown that top performing organizations that practice project portfolio management (PPM) and IT Governance have a 40% greater return on IT investments than their competitors. During this presentation the speaker will cover tips and techniques such as:
•Portfolio Optimization practices that work
•How to categorize your PPM inventory
•Understanding the difference between project reviews and portfolio management reviews
•How should risk management impact your PPM environment
•What Top 3 soft skills must PPM managers develop
•RACI for PPM Governance
To learn more: http://developingaculturethatworks.com/
The economic downturn provides an excellent opportunity for organisations to exploit their idle resources to maximise their innovation efforts.
This is the time for an organisation to assess their innovation capabilities and to reposition them for when the economic tides will change.
This slideshow shares how to determine your innovation capability, and what to do in these times with regards to being innovative.
Steven Geiger - Skolkovo - International Best Practices in Innovation ManagementIshmidt
An overview of the new innovation center being built in Skolkovo, Russia. Describes the strategy, investment and infrastructure of this strategic initiative of the Russian government.
IDFVG Fare impresa con il crowdfunding - Iosio, ValentinuzAREA Science Park
COS’È IL CROWDFUNDING E QUALI SONO I MODELLI ESISTENTI?
Giorgio Valentinuz (prof. aggregato UniTS) e Cristian Iosio (manager in operazioni di finanza straordinaria)
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
Essentials of Automations: The Art of Triggers and Actions in FMESafe Software
In this second installment of our Essentials of Automations webinar series, we’ll explore the landscape of triggers and actions, guiding you through the nuances of authoring and adapting workspaces for seamless automations. Gain an understanding of the full spectrum of triggers and actions available in FME, empowering you to enhance your workspaces for efficient automation.
We’ll kick things off by showcasing the most commonly used event-based triggers, introducing you to various automation workflows like manual triggers, schedules, directory watchers, and more. Plus, see how these elements play out in real scenarios.
Whether you’re tweaking your current setup or building from the ground up, this session will arm you with the tools and insights needed to transform your FME usage into a powerhouse of productivity. Join us to discover effective strategies that simplify complex processes, enhancing your productivity and transforming your data management practices with FME. Let’s turn complexity into clarity and make your workspaces work wonders!
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdfPaige Cruz
Monitoring and observability aren’t traditionally found in software curriculums and many of us cobble this knowledge together from whatever vendor or ecosystem we were first introduced to and whatever is a part of your current company’s observability stack.
While the dev and ops silo continues to crumble….many organizations still relegate monitoring & observability as the purview of ops, infra and SRE teams. This is a mistake - achieving a highly observable system requires collaboration up and down the stack.
I, a former op, would like to extend an invitation to all application developers to join the observability party will share these foundational concepts to build on:
A tale of scale & speed: How the US Navy is enabling software delivery from l...sonjaschweigert1
Rapid and secure feature delivery is a goal across every application team and every branch of the DoD. The Navy’s DevSecOps platform, Party Barge, has achieved:
- Reduction in onboarding time from 5 weeks to 1 day
- Improved developer experience and productivity through actionable findings and reduction of false positives
- Maintenance of superior security standards and inherent policy enforcement with Authorization to Operate (ATO)
Development teams can ship efficiently and ensure applications are cyber ready for Navy Authorizing Officials (AOs). In this webinar, Sigma Defense and Anchore will give attendees a look behind the scenes and demo secure pipeline automation and security artifacts that speed up application ATO and time to production.
We will cover:
- How to remove silos in DevSecOps
- How to build efficient development pipeline roles and component templates
- How to deliver security artifacts that matter for ATO’s (SBOMs, vulnerability reports, and policy evidence)
- How to streamline operations with automated policy checks on container images
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
Alt. GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using ...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
Threats to mobile devices are more prevalent and increasing in scope and complexity. Users of mobile devices desire to take full advantage of the features
available on those devices, but many of the features provide convenience and capability but sacrifice security. This best practices guide outlines steps the users can take to better protect personal devices and information.
Why You Should Replace Windows 11 with Nitrux Linux 3.5.0 for enhanced perfor...SOFTTECHHUB
The choice of an operating system plays a pivotal role in shaping our computing experience. For decades, Microsoft's Windows has dominated the market, offering a familiar and widely adopted platform for personal and professional use. However, as technological advancements continue to push the boundaries of innovation, alternative operating systems have emerged, challenging the status quo and offering users a fresh perspective on computing.
One such alternative that has garnered significant attention and acclaim is Nitrux Linux 3.5.0, a sleek, powerful, and user-friendly Linux distribution that promises to redefine the way we interact with our devices. With its focus on performance, security, and customization, Nitrux Linux presents a compelling case for those seeking to break free from the constraints of proprietary software and embrace the freedom and flexibility of open-source computing.
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
UiPath Test Automation using UiPath Test Suite series, part 4DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 4. In this session, we will cover Test Manager overview along with SAP heatmap.
The UiPath Test Manager overview with SAP heatmap webinar offers a concise yet comprehensive exploration of the role of a Test Manager within SAP environments, coupled with the utilization of heatmaps for effective testing strategies.
Participants will gain insights into the responsibilities, challenges, and best practices associated with test management in SAP projects. Additionally, the webinar delves into the significance of heatmaps as a visual aid for identifying testing priorities, areas of risk, and resource allocation within SAP landscapes. Through this session, attendees can expect to enhance their understanding of test management principles while learning practical approaches to optimize testing processes in SAP environments using heatmap visualization techniques
What will you get from this session?
1. Insights into SAP testing best practices
2. Heatmap utilization for testing
3. Optimization of testing processes
4. Demo
Topics covered:
Execution from the test manager
Orchestrator execution result
Defect reporting
SAP heatmap example with demo
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
GraphSummit Singapore | The Art of the Possible with Graph - Q2 2024Neo4j
Neha Bajwa, Vice President of Product Marketing, Neo4j
Join us as we explore breakthrough innovations enabled by interconnected data and AI. Discover firsthand how organizations use relationships in data to uncover contextual insights and solve our most pressing challenges – from optimizing supply chains, detecting fraud, and improving customer experiences to accelerating drug discoveries.
GridMate - End to end testing is a critical piece to ensure quality and avoid...ThomasParaiso2
End to end testing is a critical piece to ensure quality and avoid regressions. In this session, we share our journey building an E2E testing pipeline for GridMate components (LWC and Aura) using Cypress, JSForce, FakerJS…
Monitoring Java Application Security with JDK Tools and JFR Events
The first-mile incubator of AREA Science Park
1. knowledge is a network
Innovation Factory
The first mile incubator of AREA Science Park
Ing. Paolo Cattapan
CEO of Innovation Factory s.c.r.l.
Director of the Technology Transfer Department - AREA Science Park
1
2. From European, National and Regional Funds
1997
2001
2006 PAT LIB
PROJECT unit
to transfer innovative IP management
tive
products and processes initia ator
to FVG companies le incub
a f ir st mi
2003
2002 R&D
COMPETITIVENESS oach
appr rs
roke
me t h
ods ation b ld
sities SYSTEM innov the fie
eUniver lts on
hanc esu
res r
to en &D Cent
R
and
2001 2006
2001
Quasi-Empresa
project Business and
tive management
to move researchers initia n brokers
tio unit
to industry nova
to tr ain in
2
3. Life Cycle of a start up company
R&D managerial and financial Establishment of the
support at the very first mile Start-up for IF EXIT
EXIT
Start
Start up risk
up
price
Stage 1 Stage 2 Stage 3 Stage 4 Stage 5 Stage 6
• Inn. Idea •Patents First First Market •Trade
• R&D •Prototypes Product Sale Established •Sale
activities to be launched •IPO
on the market
Pre-seed Seed Start up Expansion
Incubators as usual
3
4. The Process
from the Business Dream to the Business Plan
Entrepreneurial
training
Scouting and Project Establishment Venture
analysis Development of the company Capital
Technical,
managerial and
financial support
“Business Dream” Business Plan
IF supports the Development Group IF supports the company
1 – 1,5 years 1 – 1,5 years
4
5. Way out
At the end of the pre incubation period of the Group:
Failure: The company is not
some milestones established, and Innovation
have note been Factory loses its investment
achieved
The entrepreneur and Innovation
Factory establish the Start up
company (the entrepreneur has
Success: always the control of the company,
2 possible and IF is a shareholder)
way out
The entrepreneur pays back to
Innovation Factory the investment,
and becomes the only shareholder of
his Start up company
5
6. Results
After 2 years work:
• Innovation Factory evaluated 20 project ideas
• 4 Development Groups (20%) have been incubated
• One of these established the first company:
AMPED s.r.l.
• We expect ModeFinance to establish the second
company in a few months
• Of the 2 of the other potential companies:
1 doing well – 1 question mark
• Innovation Factory will support 2 other Development
Groups starting from the end of this year
6
7. For more information
Thank you for your attention
Innovation Factory s.c.r.l.
AREA Science Park
Padriciano, 99 – 34012 Trieste
Phone +39 040.3755152
segreteria@innovationfactory.it 7
www.innovationfactory.it
9. AMPED: COMPANY PRESENTATION
Amped develops software for analysis and
enhancement of videos for forensic and investigative
applications
How many times do we read things such as:
“The police has the video of the criminal but the
image is too bad to read the license plate”?
2005: started as University project , together with
scientific investigation units of Carabinieri (RIS of Parma)
2006: won 2° prize at the business plan competition
StartCup Trieste 2006
2007: project supported by Innovation Factory 2
April 2008: Amped SRL officially established
13. Today…
Lehman Brothers crack
Alitalia
Parmalat
Cirio
…
BUT…
Tue Sep 9, 2008 2:42pm EDT S&P said it cannot rule out cutting Lehman's ratings
by more than one notch. A two‐notch downgrade
NEW YORK (Reuters) would cut Lehman's current quot;Aquot; rating, the sixth‐
highest investment grade, to the quot;triple‐Bquot; range.
For more information visit:
www.modefinance.com or send an
e‐mail to: info@modefinance.com Trieste, 26/09/2008
14. … so we need…
New, clear and transparent methods to evaluate the
financial risk of companies.
New methods for RATING assessment with new visions:
1.Clear source of information;
2.Direct and strong relation between financial figures
and final rating;
3.Completeness and comparability of data;
4.Innovative methodologies .
For more information visit:
www.modefinance.com or send an
e‐mail to: info@modefinance.com Trieste, 26/09/2008
15. Our solution: MORE
Multi Objective Rating Evaluation
Our innovation: observe, study and evaluate a
company as an engineering system, without “a priori”
assumptions.
This innovation permits a transparent evaluation of the
financial and economical quality of every companies in
Europe.
MORE: Multi Objective Rating Evaluation, based on the
more recent technologies in engineering design
(Decision Theories, Fuzzy Logic, Game Theories).
For more information visit:
www.modefinance.com or send an
e‐mail to: info@modefinance.com Trieste, 26/09/2008
16. The MORE result
MORE Rating Class Rating Macro class Assessment
The company's capacity to meet its financial commitments is extremely
AAA strong. The company shows an excellent economic and financial flow
and fund equilibrium.
The company has very strong creditworthiness. It also has a good
AA capital structure and economic and financial equilibrium. Difference
from 'AAA' is slight.
Investment Grade The company has a high solvency, The company is however more
A susceptible to the adverse effects of changes in circumstances and
economic conditions than companies in higher rated categories.
Capital structure and economic equilibrium are considered adequate.
BBB The company's capacity to meet its financial commitments could be
affected by serious unfavourable events.
A company rated 'BB' is more vulnerable than companies rated 'BBB'.
BB The company faces major ongoing uncertainties or exposure to adverse
business, financial, or economic conditions.
The company presents vulnerable financial signals. Adverse business,
Non ‐ Investment
B financial or economic conditions will be likely to impair the company's
Grade capacity to meet its financial commitments.
A company rated 'CCC' has a dangerous disequilibrium in its capital
structure and financial fundamentals. Adverse market events or
CCC inadequate management are highly likely to affect the company's
solvency.
The company shows signals of high vulnerability. In the event of
CC adverse market and economic conditions, the company's strong
disequilibrium could increase.
C Distressed The company shows considerable danger signs. The company's capacity
to meet its financial commitments is very low.
The company no longer has the capacity to meet its financial
D commitments.
For more information visit:
www.modefinance.com or send an
e‐mail to: info@modefinance.com Trieste, 26/09/2008
17. modeFinance & Bureau Van Dijk
Rating for more than 11 millions of companies in 41 European
countries: from Portugal to Ukraine.
#
ID # ID # ratings
# ratings Country companies
Countr Country companies Country assigned
assigned evaluated
y evaluated
…… …… …… ……
1 AUSTRIA
165.311 475.589
…… …… …… ……
2 BELARUS
5.091 10.875
RUSSIAN
3 BELGIUM 33 FEDERATION 814.840 2.876.654
359.827 2.589.439
BOSNIA
AND 34 SERBIA
21.498 231.488
4 HERZEGOVI 7.085 35.536
NA
35 SLOVAKIA
10.460 33.734
5 BULGARIA
200.519 965.670
36 SLOVENIA
32.638 68.678
6 CROATIA
21.146 164.268
37 SPAIN
971.489 4.793.305
7 CYPRUS
387 1.338
CZECH 38 SWEDEN
262.847 2.062.756
8 REPUBLIC 93.869 301.349
9 DENMARK
39 SWITZERLAND
33.912 155.843
175.064 716.376
10 ESTONIA 40 UKRAINE
309.125 1.831.926
70.630 339.593
UNITED
11 FINLAND
82.589 538.909
41 KINGDOM 2.354.818 10.845.504
For more information visit:
www.modefinance.com or send an
e‐mail to: info@modefinance.com Trieste, 26/09/2008
19. modeFinance advantages
Thanks to its innovative model, modeFinance evaluates every
company in Europe: MORE methodology doesn’t need the
knowledge of bankrupted companies for the rating and the
probability of default attribution.
The modeFinance rating is particularly useful for all the countries
where financial information are missing (East Europe).
For more information visit:
www.modefinance.com or send an
e‐mail to: info@modefinance.com Trieste, 26/09/2008
20. Euroregione
In order to explain how rating could be useful for
public and private institutions we present a
study that compares three regions:
•Slovenia
•Croatia
•Triveneto
We segregate the companies also according to
their turnover.
For more information visit:
www.modefinance.com or send an
e‐mail to: info@modefinance.com Trieste, 26/09/2008
21. The companies according to turnovers
For more information visit:
www.modefinance.com or send an
e‐mail to: info@modefinance.com Trieste, 26/09/2008
23. Why the differences in rating?
For more information visit:
www.modefinance.com or send an
e‐mail to: info@modefinance.com Trieste, 26/09/2008
24. modeFinance Exclusivity
The others... …but we provide more!
Lack of knowledge Clear source of
Objectivity of the used information: only
information AMADEUS data
Direct and strong
No clear
relation between
Transparency explanation of the
financial figures
rating assessment
and final rating
Rated only “big” 11 million of
Completeness
companies companies
For more information visit:
www.modefinance.com or send an
e‐mail to: info@modefinance.com Trieste, 26/09/2008
25. modeFinance
• Professor at Mechanical Engineering, University of Trieste, Italy
• Professor at Mechanical Engineering, University of Trieste, Italy
• PhD in Numerical Methods.
• PhD in Numerical Methods.
Valentino Pediroda • modeFinance co‐founder
• modeFinance co‐founder
Tel: +39 334 6717480
Tel: +39 334 6717480
email: valentino.pediroda@modefinance.com
email: valentino.pediroda@modefinance.com
• Advisor for Italian rating agencies
• Advisor for Italian rating agencies
• PhD in Corporate Finance
• PhD in Corporate Finance
Mattia Ciprian • modeFinance co‐founder
• modeFinance co‐founder
Tel: +39 340 2948054
Tel: +39 340 2948054
email: mattia.ciprian@modefinance.com
email: mattia.ciprian@modefinance.com
•MBA in Corporate Finance
•MBA in Corporate Finance
• modeFinance Financial Analyst
• modeFinance Financial Analyst
Pinar Dilek
email: pinar.dilek@modefinance.com
email: pinar.dilek@modefinance.com
For more information visit:
www.modefinance.com or send an
e‐mail to: info@modefinance.com Trieste, 26/09/2008
26. Where we are
Trieste, Italy: AREA Science and Technology Park
• The leading Science and Technology Park in Italy
• Established in 1978
• Key point: only companies with high innovative
technologies.
modeFinance Headquarter
building R3, 2nd floor c/o Innovation
Factory
AREA Science Park, Padriciano 99
34012 Trieste
ITALY
Phone1: +39 334 6717480
Phone2: +39 340 2948054
Fax: +39 040 3755176
e‐mail: info@modefinance.com
Web: www.modefinance.com
For more information visit:
www.modefinance.com or send an
e‐mail to: info@modefinance.com Trieste, 26/09/2008