TD Weekly (06/09/2019)
From the launch of an innovative IoT solution for railway management to an award win for a tech-for-good startup, here are the latest stories from the Welsh tech scene.
Welsh firm selected for prestigious fintech scheme
Cardiff-based company ANNA Money is among the companies selected for the Tech Nation Fintech Growth Programme today.
Working with freelancers and small businesses, Anna combines a business account and debit card with invoicing and tax reminders.
Over the next six months, the firm will take part in a series of insight sessions and networking events to help accelerate its growth at home and abroad.
Eileen Burbidge, chair of Tech Nation, said: “The UK has a fantastic leadership position of producing globally renowned fintech companies, by being number one in the world for scaleup investment into fintech firms between 2015 and 2018, attracting an impressive £4.5 billion in total funding.”
Richard Theo, CEO of Cardiff-based Wealthify, added: “We were delighted to support Tech Nation’s fintech programme by taking part in the judging process.
“We were impressed by the high calibre of applications and look forward to seeing these innovative companies break ground in the fintech sector, particularly the company located in Wales.”
Digital education helps Jo grow business
A former science teacher from Newport has doubled the size of her private tutoring business over the past year through the use of digital technology.
Having set up 3D Learning Solutions while working as a teacher two years ago, Jo Bold provides tutoring services to children with learning difficulties. She was made redundant last August and has spent the last few months scaling her company.
Fast forward two years, the business is supported by eight tutors and helps more than 70 children aged between 6-16 years old. It has been supported through the Superfast Business Wales programme and a digital consultant.
Jo says: “The one-to-one advice was the best part of the support for me as it gave me the confidence to set up a cloud-based system for managing our data, complete with online back-up and storage.
“The new system not only ensured I was GDPR and PATOSS compliant, but also gave me and my clients the additional peace of mind that all their personal information was securely stored, as well as being much easier for me to access.”
Swansea firm to launch IoT solution
Vortex IoT, a connected technology provider based in Swansea, will this month launch a railway management solution with Network Rail and Tata Steel.
The technology will automatically detect and categorise track obstructions such as fallen trees, landslides, trespassers, vehicles and maintenance workers.
Funded by Innovate UK, Vortex IoT has spent the last 18 months developing the solution from concept to its launch. It’s also tested the technology at the Network Rail RIDC Tuxford (Rail Innovation & Development Centre) facility in Tuxford, Nottinghamshire.
CEO Adrian Sutton said: “Rail delays cost the industry millions of pounds every year. The ground-breaking, cost-effective RODIO device will allow the industry to detect any obstacles that may interfere with train journeys in real-time and therefore deal with them in a timely manner and reduce the overall delay.
“The system also includes an early alert system for theft, trespass and intrusions and guarantees high precision even in low-visibility and dark conditions.
“We have worked closely with Network Rail and Tata Steel for more than a year to bring this product to fruition and look forward to launching it in September.”
Tech-for-good firm wins award
Do IT Solutions, which provides software for neurodiversity profiling, has been presented with the Barclays Regional Social Entrepreneur Award 2019.
Professor Amanda Kirby, CEO and co-founder, said the award represents the hard work and commitment demonstrated by the amazing team at Do-IT.
She said: “They have a passion and belief in making a difference and ensuring that neurodiverse people can access support equitably and in an affordable manner.”
Last month, the firm launched an app to screen for traits of neurodiverse conditions such as Dyslexia, Autism Spectrum Conditions (ASC), ADHD, Dyscalculia, Developmental Language Disorders and Developmental Co-ordination Disorder.
Katy Samuels, employment and development coordinator at Autism Spectrum Connections Cymru, said: “The ND Profiler app is well designed and has excellent features. There is a good introduction and it is very user-friendly.
“Although it is not offering a diagnosis, it helps users to identify where they may be displaying traits of ND conditions. The charts are easy to understand, and the report is emailed to the user and can be used as a catalyst when going to a GP as a starting point.”