Dubai-based Mosaikx, a consumer technology company that designs and develops application-specific software and wearable hardware, has edged out five other innovative regional start-up companies to win The Hive – a start-up showdown held at Future Technology Week.
Mosaikx’s novelty product, Hipo, the world’s first modular and wearable smart recorder claimed the AED50,000 top prize as judges lauded the pioneering wearable’s capacity to digitally transcribe the wearer’s speech via a user-friendly mobile app.
Designed with an Artificial Intelligence algorithm, Hipo allows users to store and organise their verbal musings in a fun and easy way. The versatile product has also embraced fashion, with users able to customise Hipo into a necklace, wristband or clip based on their outfit.
“As the only regional event that collects all the region’s IoT and hardware companies, Future Technology Week has been a great experience for us because we see ourselves as an IoT company. IoT is the future of humanity and the way devices and objects are going to communicate will change the way humans live and how our societies operate,” said Sina Torabi, CEO and Co-founder of Mosaikx.
“We’re one of the very few IoT companies based in Dubai that is building a smart product from scratch. Our technology doesn’t exist anywhere in the world and The Hive has provided a platform for us to share our technology with a community that understands exactly what our product is all about.”
Organised by Dubai World Trade Centre (DWTC), The Hive brought together the region’s leading young entrepreneurs to pitch unique start-up concepts that can solve today’s greatest technology challenges.
Scored on six criteria including practical use of product or solution, innovative use of technology, ease of implementation, sustainable business model, user adoption to date and difference to other products in the market, The Hive’s panel of judges included Ibrahim Tadros, Head, Business Development and Strategy, Wamda; Muhammed Mekki, Founding Partner, AstroLabs; Jonny Voon, IoT Lead, Innovate UK, and Shaun Moore, CEO and Founder, Chui – the world’s smartest doorbell.
“Mosaikx deserved to win because they presented a very unique, novel solution and business concept for an everyday challenge faced by many of us. The team applied creative technologies, Artificial Intelligence and a smart software solution to create an affordable product which can be readily available to users,” said Voon.
Judge Moore added: “We were looking at innovation and the most disruptive technology moving forward and Mosaikx was the clear winner. Wearables are on trend and the team’s outside the box innovation has created a new technology that has a practical use for almost everyone.”
Other finalists included an e-Gov Android Emirates ID card reader solution; EdTech Solutions’ TeachMeNow, a global marketplace for one-to-one learning in real time; Modym’s Customer Analytics and Marketing Automation Tool; Entapza Technologies’ IT web tools; and ETECHAN’s First Augmented Reality Developer solution, designed by an Emirati.
The Hive was supported by Dubai SME, the agency of the Department of Economic in Development (DED) in Dubai mandated to develop the SME sector, Wamda and Astrolabs.
Future Technology Week is the new umbrella brand collecting four of the region’s leading technology events: Gulf Information Security Expo & Conference (GISEC), the Internet of Things Expo (IoTX), The Big Data Show and Gulf Enterprise Mobility Exhibition & Conference (GEMEC). The fair ends on Thursday 31 March at DWTC.
Future Technology Week and its associated segmented exhibitions and conferences are strictly trade-only events open to business and trade visitors only. Visitor attendance to Future Technology Week exhibitions is free of charge but conference attendance is charged on either a single conference or ‘season pass’ basis. For more information on conference charges, please visit www.futuretechweek.com/visit