The best technological projects, selected as part of the GTLK corporate accelerator powered by GenerationS and with the participation of program partners VEB.RF, InfoWatch Group, Russian Railways, Transport Systems Group, JSC USC and PJSC UAC, presented their solutions at the pitch sessions in Moscow.
At the end of May, the GTLK corporate accelerator held pitch sessions in Moscow, where the results of an accelerator program launched in August 2019 were announced. The best startups in air, rail, passenger, and freight transport, as well as cross-industry projects for transport infrastructure, selected in March 2020 as part of a bootcamp, presented their solutions to the company's top management.
SmartWIZ LLC presented SATO (Smart Automatic Train Operation), an adaptive railway traffic control system. The project is designed to increase railway operators' profitability by saving energy used to haul trains. As an accelerator participant, SmartWIZ LLC launched 3 pilot projects with partners such as Norilsk Nickel PJSC, PhosAgro PJSC, and Elga-Trans LLC.
Vento Technologies' SUPR project presented technology for optimizing utilization of locomotives and wagons at a large railway junction with a complex topology and logistics. As an accelerator participant, SUPR launched two pilot projects with large industrial corporations. The methodology, implemented as a software solution, was deployed at the operations control center of a large metallurgical plant, enabling a 19% increase in the utilization efficiency of the locomotive fleet.
For companies that own a container fleet, the Israeli project Loggino offers to collect and analyze data on a container's location, weight, contents, and opening/damage based on when it is moved, as well as to help make informed management decisions, using a patented IoT device and connection to analytics systems (including through cloud services). Within the accelerator, Loggino began cooperating with German corporation ATOS.
During the program, teams for eight other accelerator projects from St. Petersburg, Kazan, and Finland developed business plans and financial models, and gained valuable skills through the educational stage, during which experienced mentors described best practices for promoting and developing startups from the transportation industry.
Each of the selected projects will have the opportunity to cultivate cooperation with the accelerator's corporate partners, with GTLK support, and to scale up their solutions.
The accelerator's technological projects were selected from September to December 2019 in Russia, CIS countries, Europe, Asia, and the Baltic states. More than 300 innovative projects in various parts of the transportation industry — air, rail, water, passenger, and land-based freight transport — submitted applications to participate. Most of the companies selected for the accelerator presented cross-industry solutions that can be applied in various segments of the transportation sector.
An industrial acceleration stage has been underway since March 2020, with finalist projects from Russia, Finland and Israel piloting their solutions and attracting additional funding. With GenerationS support, test implementations of these innovative solutions were deployed on partners' infrastructure. Additionally, startup teams benefited from a series of mentoring sessions conducted under the educational part of the accelerator program.
JSC GTLK, a corporate accelerator, is a comprehensive program for developing innovative projects in the transportation industry, aimed at finding and implementing advanced solutions in this sector. GenerationS, a business innovation development platform, is GTLK's technology partner.
GenerationS is a platform for corporate innovations development and the largest corporate accelerator in Russia and the CIS. It was established by RVC in 2013. GenerationS implements comprehensive corporate development programs: intracorporate programs to develop internal entrepreneurship; accelerator programs to scout out and accelerate external projects; international programs to teach employees methods for building and deploying innovations at leading international corporations.
Today the accelerator's infrastructure includes over 16,000 startups from more than 30 countries, and roughly 400 corporate and ecosystem partners. In 2017, GenerationS was awarded the title “Russia's largest accelerator”, according to the RBC magazine. In 2018, it became the best corporate accelerator in Europe, according to the Corporate Startup Summit. GenerationS ranks among the world's top 5 state-run accelerators, according to UBI Global. In 2020, GenerationS became a member of INSME, an international network for small and medium-sized businesses under the auspices of the OECD. In September 2020, GenerationS won in the “Ecosystem best practice” category of a competition organized by the International Telecommunication Union (ITU), a UN specialized agency. In December 2020, GenerationS became Russian Digital Leaders 2020 Prize laureate for Public Sector Project of the Year as part of the Accelerator Programs category. In April 2021, GenerationS won at the Global Outlook Awards for an “Outstanding Contribution to Innovation Ecosystem Development – Russia 2021”.