‘Digital dozen’ to deliver £100m by 2020

‘Digital dozen’ to deliver £100m by 2020

Twelve of Wales’ brightest tech start-ups are on track to deliver a combined turnover of over £100 million a year by 2020.

From tracking humanitarian aid to driving global beauty sales, there is a whole host of new Welsh tech firms that are attracting attention from around the globe.

The businesses are all part of this years’ Digital Dozen Accelerator Programme’ run by Innovation Point. 

Innovation Point is the new digital innovation company for Wales which provides the expertise and market understanding of innovation funding needed to turn Wales’ technological capabilities into ground-breaking solutions for clients worldwide.

Collectively, these 12 tech firms aim to employ over 300 staff by 2020.  

Their collective technologies are designed to transform companies and the lives of consumers worldwide, and some of them are already winning contracts and partnerships in China, South Africa, Kenya, Brazil, Europe and the USA.

David Warrender, CEO of Innovation Point, said: “Wales is on the cusp of a digital revolution, and we believe that the Digital Dozen is a key element in the work that Innovation Point is doing to drive growth and ability right now. 

“The businesses taking part in this year’s Digital Dozen accelerator programme are already demonstrating their ability to disrupt on the international stage, giving us a great story to take to potential investors and collaborators.

Eight of the Digital Dozen will take part in an investor showcase event at the London Stock Exchange on 2nd November, showcasing the potential of their ideas and their vision of how their products will become global game changers. 

Each will be pitching to a room of potential investors, one of whom they hope will invest in them and their business idea.

David continued: “We already know of a number of investors turned on to this emerging hub of technical ability, and we are beginning to see some fantastic results from last year’s Digital Dozen cohort. 

“I can only encourage those investors not yet tuned into to the prospect to join us at the London Stock Exchange on the 2nd November and be a part of something quite exciting”

These Digital Dozen businesses are disrupting humanitarian aid, global beauty, banking, retail, property and more.

The Digital Dozen brands include:

Disberse, a fund management platform built for the global development sector that can track the distribution of humanitarian aid ensuring it is used for the intended purpose and reducing fraud and corruption.

ThinkProductivity Ltd – the team behind iMindMap and DropTask, ThinkProductivity Ltd create intuitive technologies that facilitate and enhance creativity, innovation and productivity.

Properr – develop integrated technology solutions for the property industry. Flagship product Track My Move simplifies how people buy residential property, reduces ‘fall throughs’ and radically improves processes.

Disberse – a fund management platform built for the global development sector. Disberse drives efficient and effective delivery of development and humanitarian aid.

DashHound – connects users social accounts, allowing them to track and purchase products used by their favourite beauty influencers via a bespoke online dashboard.

Prizsm – rethinking and re-engineering conventional data protection to offer total data security, privacy, control and multi-cloud orchestration.

Simply Do Ideas – provide a quick, simple way for people to build and test their business ideas, aiming to create a more enterprising and innovative society for all.

Talkative – allows users to convert website visitors into paying customers, using voice, video, chat and co-browsing.

Geolang – the software development company specialising in the cyber security and business resilience market. Geolang offer users advanced, content-aware Information Management solutions.

Do-IT Solutions – a specialist IT company providing a modular, accessible online assessment and monitoring system. It’s aim is to empower individuals to access education and employment.

University Cribs – understanding the difficulty of finding and securing student accommodation, University Cribs strives to make house-hunting a stress-free task for students.

Zone Art Networks – a unique solution to the problem of locating users and objects in space-time using its Follow Spot solution, requiring only a single access point.

Codeherent – its mission is to enable organisations to quickly and easily develop their ideas into palpable business outcomes.