Munich, the city of hope for German deep tech!
3-in-1: 3 digital news in 1 minute. On Monday. Episode 192
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News 1: Munich is “Deep Tech”:
Munich has solidified its position as a strong centre for IT and deep tech. In competion with Berlin (start-ups) and Hamburg (commerce and advertising). The city is already Germany’s tech capital with over 83,000 employees working in IT (10% of the total workforce), that’s far more than in any other German city (even Berlin). Opinion: Space and Lemon is based in Hamburg and Berlin. The rivalry between larger 3 cities in Germany is present and Munich has made a lot of effort to develop the IT ecosystem in the city. Werk 1 is a symbolic coworking space with adjacent offices for startup (see pic). B2B Takeout: Deep Tech is the expression for development of IT and codes in the back end and with original codes. Not another marketplace or a B2B tool.
News 2: Symbolic, Apple in recruitment in Munich:
Apple already has 300 employees in Munich and has 70 open positions for the Munich office. Rumours that 5G solutions will be developed out of Munich (NB: rumours). Opinion: There always are many rumours around Apple — but the tech giant seems to really recruit a lot in Germany. Not for reviewing German apps before they go to the app store! And there are much less of them. B2B Takeout: German headquarters gather in Munich: Apple, Amazon, Microsoft, Intel, Nvidia. The more ad-oriented Google, Facebook and Twitch are in Hamburg.
News 3: Plug and play pitch days, discover curiosity!
Plug and Play hosts insurtech and healthtech Europe badges in Munich. A discovery: Munich based curiosity.ai.
Curiosity AI-based software enables companies and healthcare institutions to develop custom solutions for unstructured data. The NLP algorithm learns about company-specific concepts and industry jargon straight from the documents, thus over time gets tailorfitted to the specific organisation. Opinion: Imagine finding all the important information in documents your colleagues created 20 years ago! Nice name “curiosity” by the way! B2B Takeout: A big job ahead for many companies: structure unstructured data. Typical unstructured data is a 2-y-o excel table!
Authors are the 10 trend scouters at Space and Lemon, always on the hunt for the newest trends in tech and digital. Gathered here in original weekly news since 2016 — no re-write of TechCrunch, always with an opinion and B2B takeout. Come back next Monday and share your opinion.