INSITE IT was included among the top 50 European startups, and selected to participate in Europe's largest multi-corporate accelerator program.
VIENNA: weXelerate, a multi-corporate accelerator located on over 9.000sqm in the heart of Vienna, Austria, received over 850 applications from startups coming from 55 countries. Following a multistage evaluation process, INSITE IT was rated among the top 50 startups and invited to participate in the next 4-month program batch, starting in March 2018.
INSITE IT is a startup in industrial plant construction and provides software solutions for digital material management, process management and project management by offering its customers Insite LMS, a software which enables digital site management in industrial plant construction. “As a technology expert, we provide software solutions for site logistics, material handling and site organization, based on accessibility and efficiency as the key requisites of a successful construction site”, describes Thomas Roithmeier, CEO and co-founder INSITE IT.
“With Insite LMS we are transforming industrial construction site management. By implementing state-of-the-art technologies INSITE IT steers the construction arena towards a digital transformation”, says Thomas Roithmeier, CEO and Co-Founder of INSITE IT.
weXelerate will enable INSITE IT to closely work together with at least one of their 16 industry-leading corporate partners, to identify use cases, kick off pilots or to form alliances. „weXelerate stands for collaboration between leading corporates, experts and startups across various disciplines with the aim of establishing mutually beneficial relationships”, says Dominik Greiner, Managing Director of weXelerate. Their corporate partners include banks (Volksbank, Raiffeisenbank, Austrian Controlbank, Payment Services Austria), insurance companies (Uniqa, Wuestenrot, Acredia), media companies (T-Mobile, Kurier, ORF), industry and infrastructure companies (Andritz, Palfinger, Austrian Post, Wien Energie) or the Austrian Sportsbetting Company. In addition, INSITE IT will get in-depth coaching and mentoring by weXelerate and its network of 200+ partners in all the areas needed to scale fast and take things to the next level. Also, part of the accelerator program is free working space in the prestigious weXelerate spaces on over 9.000sqm in Vienna for the duration of the program, sharing an office building with various players in the international innovation ecosystem, among them six Venture Capital firms. While the previous batch of startups participating in the weXelerate accelerator program was able to show off various stories of great success, INSITE IT is confident to live up to expectations and excited to join weXelerate in Vienna in March 2018.
About INSITE IT
Since its founding in 2012, INSITE IT has continuously become a professional partner for plant engineers. The software company, headquartered in Linz, Austria, and located in Chicago, USA, develops software solutions for material tracking and construction site management for large construction sites. The goal is to have all relevant information available at any time and simply at the push of a button, in order to minimize search and standing times, document deviations and increase the quality in the processing of a large project. The Insite LMS Software and its mobile app for scanning barcodes, RFID tags, GPS positioning and image documentation dramatically reduces working hours and allows consistent traceability until the last supplied screw.
weXelerate is a startup & innovation hub with a unique and thriving ecosystem of open innovation on nearly 9.000sqm that aims to connect startups and established corporates. Each year the weXelerate accelerator supports 100 of the most promising European startups with a focus on energy and infrastructure, industry 4.0, media, insurance and banking, as well as cross-industries such as internet of things, artificial intelligence, bots, mobility, blockchain and cyber security. To its corporate partners weXelerate offers a tailor-made innovation program that ensures individualized access to current innovation methods, processes and trending topics in the industry.
Startup application for weXelerate batch III opens April 4th 2018 – pre-register now: https://www.wexelerate.com/apply_now