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Startup quote of the month  

"Continuous improvement is better than delayed perfection."

Mark Twain


EHL Incubator News

After the graduation of the Incubator's Student Assistant Lucas Maliczak, we would like to wish him all the best for his future, and welcome our new Incubator team member Meret Heuss. Like Lucas, she is a student at the Ecole Hôtelière de Lausanne and works for the Incubator besides her Bachelor studies.


Due to administrative reasons, the startup Swiss Mountain Experience has left the EHL Incubator. We wish them good luck and hope to be able to host them again in the future.


Good to know

News worth sharing

AirBnB vs. New York 
On Friday October 21, the new York Governor Andrew Cuomo signed a bill which heavily fines people offering short-term rentals in the City of New York, effective immediately. This is a serious threat for Airbnb, as New York is their number one market in the US. Additionally, other cities could adopt the practise if New York proves to be a successful first mover.

Airbnb has sued
the city, the major and the New York state attorney immediately after the law went through. Government officials have announced, that the enforcement of the fines will only start once the case is settled. To read more about the case and New York's history with sub-rentals click here.

The Tech Trends of 2017
Technology is developing quickly, and 2017 will be a year full of promising developments in the tech world. These are the most promising tech trends of 2017, which are predicted to generate billions of dollars next year. 

Artificial Intelligence: the interest in creating a system that understands, learns and predicts will grow further and will be integrated into all kinds of products and services. Research firm Markets and Markets estimates that the AI market will grow from $420 million in 2014 to $5.05 billion by 2020.

Intelligent things: The internet of things is growing continuously, connecting drones, driverless cars and smart appliances. The technology used to support apps talking to each other is called Mesh App and Service Architecture (MASA). It is estimated that around six billion connected "things" will be actively requesting support from artificial intelligence platforms by 2018.

Intelligent Virtual Assistant (IVA): Siri and Google Now have kickstarted the growth of an all-round support to people's lives. Easy and at-hand assistance will gain importance through supporting all kinds of daily activities such as sports, cooking or traveling. The IVA market size is expected to reach $12.28 billion by 2024, according to Grand View Research.

Virtual and Augmented Reality: While it has created more buzz than actual products in 2016, Virtual Reality is about to take off in 2017. Both Microsoft and Facebook have announced to present their new VR products next year. The worldwide revenues for the augmented and virtual reality market will grow from $5.2 billion in 2016 to more than $162 billion in 2020.

Digital Twins: Computerized replications of something from the real world helps replacing human activity through sensor data. Digital Twins will be able to analyse failure, propose solutions and create new products. It is difficult to estimate the market yet, as the concept in still in early development, but Gartner Market Research predicts that we will hear much more about Digital Twins in the coming year.

Blockchain: The Blockchain concept
is a way of distributing a database across many far-flung computer, which is used for virtual money like Bitcoin. Despite the Bitcoin crisis, Blockchain apps are being developed for the financial industry, healthcare and similar markets. The global Blockchain technology market will grow from $210.2 mio in 2016 to $2.3 billion by 2021.

Conversational Systems: Chatting is already custom among younger generations, but can be developed further. We will be texting to apps and using voice control to manage our gadgets, while conversations will also take place between the devices of the internet of things. TMA Associated market research believes that conversational user interfaces will lead to a $600 billion market by 2020.


The "Club des Entrepreneurs" Corner 

News from EHL's student committee

Hello everyone! It’s been an exciting start of the semester for the Club des Entrepreneurs.
 
We have begun the organisation of some really heart stirring events for you! Following last year’s successful collaboration with D&Think and our friends from EPFL as well as UNIL, some more events will be organised in the following months. It’s a great opportunity for us, EHL students, to go ahead and mingle. More details about the EHL, EPFL, and UNIL mixer is to come so please stay tuned.

One of the events we are most excited about will be hosted on our very own EHL campus on November 16th, the Business Angels dinner. 45 investors will attend this event in order to see the presentations of three start-ups founded by EHL students.

Furthermore we are continuing to organize our CDE Forums, where students get the chance to discuss current topics in the entrepreneurial world. We always bring a speaker who has more knowledge about the specific topics, leading the forum discussion. Any requests for topics can be sent on our Facebook page.

We have many more exciting events and ideas to share with you. We’ll be posting about them on our Facebook page and Website so don’t hesitate to take a look. We are always open to answer any questions you might have. Stay tuned!


AEHL NEWS

Get to know our EHL Alumni Entrepreneurs

Meet Géraldine Juge and her startup Separate Ways

Géraldine is a 2011 alumni and has worked in hotel management for a few years before starting her own business in June this year. While experiencing the loss of a close relative, she realized that she and her family would have wished for support in the difficult time when organizing the personalized and meaningful funeral. That was the moment Géraldine decided to create Separate Ways for families in times of grief. “I thought that if a qualified person took responsibility of this hard period, it would have allowed my family and me to approach the bereavement more serenely.”

From customizing the ceremony to administrative solutions, Separate Ways relieves the bereaved by offering personalized and quality services. This includes venue reservations, text and music proposals as well as administrative tasks such as thank-you letters, banking management and subscription cancellation. The company serves everyone, regardless of confession and is committed to listen to their guests in order to make this difficult time easier to manage. It can be touching, but Géraldine sees her work more like a last tribute to celebrate the life of the lost one.

Separate Ways is currently located in Geneva, but plans to expand to the rest of Switzerland and abroad in the future. When asked what her biggest challenge is, Géraldine answered: “As it is a sensitive subject, it is not always easy to display the existence of such a service; especially in Geneva where death is not a common discussion topic. The communication tools are different from any other service as we are dealing with bereaved families.”

Do you want to learn more about Separate Ways or to get in touch with Géraldine?
Visit her website 


Startup of the month

Our innovator of the month



Google Expeditions - Bring your lessons to life

Virtual reality is going to disrupt many markets in the coming year, one of them is education in- and outside the classrooms. Google has launched Google Expeditions in 2014, and had since brought it to over 1 million students around the globe. This education will give children a very different approach to traveling and discovering the world, which could also have an impact on tourism and the travel industry. In addition, virtual reality education will open up new and innovative possibilities for universities like EHL.

But what is Google Expeditions all about? It is a software built alongside teachers and students, taking children on a immersive reality field trip. Teachers can take their pupils on an immersive virtual journey to the Buckingham Palace, the Great Barrier Reef or even to Mars. All they need is the app, their smartphones and Google's Cardboard VR viewer. Partnering with NGO's and companies such as WWF, National Geographic and different museums, Google Expeditions can deliver interesting and versatile content to kids of any age. During the experience the teacher can point out different details or pause the journey on a tablet, which helps incorporating VR into their lesson while still being an interactive and collective experience. The Google Expeditions app is already is publicly available on the app store for free.


Read more about Google Expeditions

 


Entrepreneurial Key Dates and
Events of the Month

Interested in participating in entrepreneurial contests? Find the complete list of events in Switzerland here


Fun Reads


Thank you for reading.

We hope you liked what you read. If you have news you would like to share with EHL's entrepreneurial community, or if you have any inputs or questions write me an email.
The EHL Entrepreneurial Team 

Copyright © 2016 EHL Incubator, All rights reserved.

Our mailing address is:
EHL Incubator
Ecole hôtelière de Lausanne
Route de Cojonnex 18
Lausanne 1000
Switzerland

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EHL Incubator · Ecole hôtelière de Lausanne · Route de Cojonnex 18 · Lausanne 1000 · Switzerland

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