Posted by & filed under Accelerator, Banking, Fintech, Innovation, Technology.

Digital technologies have transformed the way we do… everything. And it continues to transform it, every day. We often read about new technology that looks like science fiction… but we’ve exploited only a fraction of the technologies available today.

On October 3rd and 4th I was lucky to take part in OTP Group’s Digital Meetup in Kecskemét. Participants included key people from OTP Group, from its 9 different countries. It also included partners that OTP Bank is working with – such as myself from Nestholma.

I got to see very interesting points of view on digitalization. Banking is going to change a lot in the upcoming years. And not only in the obvious ways. Read more »

Posted by & filed under Accelerator, Fintech, Nordea, Technology.

Feelingstream was part of our first Nordea accelerator last year. They are currently working on 4 paid pilots, and are also well in their way of conquering the banking industry. They continued working with Nordea after the accelerator program, and now that collaboration has taken a big step forward: Feelingstream and Nordea have just signed a big deal. Soon they’ll start a live pilot together. Click to tweet about it!

Nordea Group CEO Casper von Koskull with Terje Ennomäe innovating the future of bankingBig companies get a massive amount of messages every hour. It is hard if not even impossible to figure out which of them need immediate attention and which of them can be dealt with a bit later. That means lots of lost potential and angry customers; things that companies just cannot afford anymore. New competitors pop up every day, and having the best customer experience is more important now than ever. It is a huge problem for companies, but maybe not for long.

Feelingstream has created a machine that understands the actual content of text, and then uses that knowledge to organize inquiries from urgent to less urgent. This means critical issues can be found and dealt with much faster. And that of course, means much better customer service and no lost sales potential. For employees, it doesn’t mean any extra work as Feelinsgstream’s solution is invisible in the companies’ systems.

Feelingstream sees great potential in the banking industry. That’s why working with Nordea has been agreat experience for them. Fitting the startup way of doing thing into the highly regulated banking industry hasn’t always been a breeze, but they say it has been all worth it. They have not only gotten an invaluable reference from Nordea, but also the knowledge of what is required to succeed in the industry.

“Having Nordea as a reference is an incredible advantage considering our target markets. We have also gotten market access and been able to work with real data and situations, which is the most important thing for startups!” says Terje Ennomäe, the co-founder of Feelingstream.

Feelingstream has a lot of cool things ahead of them, and we can’t wait to see what kind of superstars they will become!

Posted by & filed under General, Press release, Product development, Startups, Technology.

Nestholma joins EIT ICT Labs Trusted Cloud High Impact Initiative to help the SME’s to make a bigger business impact and to support the ecosystem collaboration.

Trusted Cloud HII Acceleration Days in Munich

British Telecom, Telecom Italia, 3D Repo and U-Hopper working together.

EIT ICT Labs Trusted Cloud High Impact Initiative (HII) Acceleration Days gathered six SME’s and three large corporations together in Munich to strengthen the collaboration in building secure European cloud solutions. The event was arranged by Nestholma Venture Accelerator from Finland and Digital Catapult from UK. The aim was to get the small and large companies (British Telecom, Telecom Italia, F-Secure) across Europe to learn from each other and accelerate building the partnerships and customer-driven businesses.

The foundation of the Trusted Cloud Acceleration Days was based on Nestholma’s accelerator model which is based on the idea of helping startups or SME’s and large corporation to efficiently work and build businesses together.

“Privacy and trust are fundamental issues for every business and affect the lives of every consumer daily. We are excited to be able work with the EIT ICT Labs and the companies across Europe to speed-up the development of European Trusted Cloud services with Nestholma’s unique accelerator model” say Nestholma’s CEO Topi Järvinen.

The program included tens of structured one-on-one meetings, Trusted Cloud technology sessions as well as insights and help on building customer-driven secure cloud solutions. Both the SME’s and large corporations felt the Acceleration Days gave them a good foundation for collaboration in the Trusted Cloud High Impact Initiative. Geoff Andersson from one of the SME’s, PixelPin says that

“As a company committed to users privacy and protecting personal data it was great to get so much support from the Acceleration Days in Munich. Operating in the cloud brings many business benefits and getting it right is a must, so we see working with EIT ICT Labs as a vital step forward for us.”

The activity leader, Markku Kutvonen from F-Secure was also pleased with the results.

“The event was short and intensive engagement journey for the SMEs joining the activity, with a lot of business focus delivered by Nestholma and Digital Catapult. I especially liked the matchmaking, where all the partners in our activity shared their contribution and results with the other partners in short one to one sessions. This both created a great atmosphere and awareness of each other’s role and induced innovation inside the group. Very co-operative and successful event, overall.”

Tursted Cloud Munich Acceleration Days

 

More information about the EIT ICT Labs Trusted Cloud High Impact Initiative (HII)

Posted by & filed under Funding, General, Press release, Startups, Technology.

Yrityskiihdyttämö Nestholmasta liikkeelle lähteneen Neonto Oy:n joukkorahoituskierros ylimerkittiin vikkelästi. Neonton joukkorahoituskierros on yrityskiihdyttämö Nestholman ja Invesdorin yhteistyön ensimmäisiä hedelmiä.

Mobiilisovellusten suunnittelutyökaluja tekevä Neonto Oy lähti hakemaan osakeannilla 25 000–50 000 euroa, mutta keräsikin noin kolmessa viikossa lähes 60 000 euroa. Anti jouduttiin sulkemaan etuajassa odotukset ylittäneen kysynnän vuoksi.

”Joukkorahoituskierroksella halusimme antaa tuotteen varhaisille käyttäjille mahdollisuuden tulla omistajiksi ja hyötyä tulevasta menestyksestä. Tämä onnistui nimenomaan Invesdorin osakepohjaisen rahoitusmallin ansiosta”, Neonto Oy:n toimitusjohtaja Pauli Ojala kiittelee. “Lisäksi nyt saavutettu tulos luo hyvän pohjan sille, että Neonto on haluttu sijoituskohde myös tulevissa rahoituskierroksissa. Olemme iloisesti yllättyneitä ja erittäin kiitollisia sijoittajilta saamastamme vastaanotosta.”

Yhtiön tuote, Neonto Studio, on suunnittelijoille tarkoitettu visuaalinen työkalu mobiilisovellusten luomiseen. Se mahdollistaa aidosti natiivien mobiilisovellusten luomisen ilman ohjelmointitaitoja.

Idea Neonto Oy:n joukkorahoituskierrokselle kumpusi Nestholman kiihdyttämöohjelmasta, jossa yritys on mukana. Invesdor on ohjelman virallinen joukkorahoituskumppani.

”Invesdorin palvelu rokkaa ja Nestholma tukee startupeja monipuolisesti. Tämä on kova yhdistelmä”, Nestholman perustajajäsen Antti Kosunen toteaa. ”Yhteistyö Invesdorin, Nestholman ja Neonton välillä toimi saumattomasti, mikä näkyy annin vakuuttavassa ylimerkinnässä. Nestholmalla on kykyä tarjota startupeille erinomaista tukea, ja näemme yhteistyön jatkuvan menestyksekkäänä”, Mäkelä komppaa.

Lisätietoja

Pauli Ojala
Toimitusjohtaja,
CTO Neonto Oy
[email protected]

Antti Kosunen
Perustajajäsen
Nestholma Oy
Puh.+358 400 850 200
[email protected]

Lasse Mäkelä
Toimitusjohtaja
Invesdor Oy
Puh. +358 40 753 3844
[email protected]

Nestholma lyhyesti
Nestholma on startup-kiihdyttämö, joka tarjoaa isoille yrityksille ja startupeille uudenlaisen tavan tehdä yhteistyötä. Tavoitteena on tarjota kiinnostaville startupeille mahdollisuus työskennellä, oppia ja partneroitua samalla alalla toimivan ison yrityksen kanssa. Isolle yritykselle Nestholman kolmen kuukauden kiihdyttämöohjelma tarjoaa uudenlaisen ja nopean tavan tehdä kehitys- ja innovaatiotoimintaa sekä löytää ja ohjata uusia partnereita. www.nestholma.com

Neonto lyhyesti
Neonton perustajina on joukko digitaalisten sisältöjen, mobiiliteknologian ja käyttökokemuksen suunnittelun ammattilaisia, joiden missiona on muuttaa tapaa jolla mobiilisovelluksia kehitetään. Neonton ideana on tarjota suunnittelijoille työkalu, jonka avulla he voivat itsenäisesti toteuttaa ideoitaan mobiililaitteille. Neonton tuote, Neonto Studio, julkaistaan alkuvuoden 2015 aikana.

Invesdor lyhyesti
Invesdor on Pohjois-Euroopan johtavia osakepohjaisen joukkorahoituksen palveluja. Invesdor pyrkii vauhdittamaan Suomen talouskasvua parantamalla startup- ja kasvuyritysten mahdollisuuksia saada rahoitusta. Autamme pääomaa etsiviä yrityksiä ja kasvuyrityksistä kiinnostuneita yksityisiä sijoittajia löytämään toisensa verkossa. Pääoma tulee sijoittajilta eri puolilta maailmaa. Lisää tietoa yrityksestämme ja palveluistamme osoitteessa invesdor.com.

Posted by & filed under Customers, General, Product development, Startups, Technology.

We crowdsource innovations, product development, R&D and customer interactions. We are not replacing anything, we just provide the wisdom of thousands of people at the cost of fraction of a internal development team.

We follow the Lean Startup methodology, but from our strategic partners perspective it looks more like design thinking. We have copied some of the best practices from Google, Stanford and the ideas of analytics-driven and customer-focused product development. We go way beyond just posting the separate ideas on yellow stickers on the wall. Together with startups, we provide our partner companies ready and validated concepts to choose from. Post-it notes are excellent combined with some research and validations, but in most cases it really takes companies nowhere today. Average successful startup has 4-7 pivots. Consumers’ behavior changes faster every day and teams should learn and adjust the product based on the learnings. Only very seldom can we nowadays have step-wise process, but several simultaneous processes affecting each other with fast changes.

We bring customer and developer insight from over 500 persons per project. Because it’s their own business, they have done a lot of research themselves. What company can afford to mobilize such a huge amount of people for innovating, product development, R&D and customer interactions? Certainly many big companies do it all the time, but the expense is 100 fold compared to an accelerator program.

One has to let loose a bit to succeed in the future. Nobody can control the consumers – predicting the future usually goes wrong. At least with faster implementation of learned behavior and needs, organizations could provide more competitive products. If you plan for years to come and focus on implementation, that’s a sure way to fail. If you react based on learnings from open collaboration with your business ecosystem, you still can fail or succeed. However, if you fail, the failure is minimal compared to old school operations.

By opening up company’s ecosystem, learning is faster, financial overhead and risks are lower, and the number of of new product ideas is far greater than before. And we are talking about validated ideas, because quantitative assessment is crucial for us. I have to say that I am a fan of  Mika Aaltonen’s work at Aalto-Strax.  One thing they point out is the idea of not defining what success will look like in the future. Every company should be prepared to keep the door open for unplanned successes. Working with fast-moving and creative startups is one of the best ways to stay on top of the change and take advantage of the new business opportunities.

I was lucky enough to get a co-founder with solid scientific background from research backed by the Finnish Academy. Topi has also developed 100+ products for the biggest companies as well as for startups. Together with him we are creating a product factory producing learning and new revenue streams to large corporations. This creates also a laboratory and a collaboration environment inside the large corporations for the startups. The end-goal is of course to create the next airbnbs, twitters and facebooks. A win-win-win factory.

Antti Kosunen (twitter.com/AnttiKosunen)