Toronto startup Thinkwire wins Josef Umdasch Research Prize


Toronto-based software engineering startup Thinkwire Inc. was named the winner of Josef Umdasch Research Prize at the 2019 World Summit Awards Congress in Portugal.

“Our technology makes it easy to access company knowledge wherever it is, so teams can spend more time doing high-value work.”

According to Austrian formwork technology manufacturer Doka, the award was presented for Thinkwire’s AI-powered knowledge management system, called Cupp. Cupp uses natural language processing and machine learning, aiming to save employees time searching for information across different knowledge bases.

“We are very excited to work with Doka on a partnership to implement this technology across its global workforce. Intelligently accessing and sharing company knowledge is one of the most crucial components of operating a multinational business,” said Tal Schwartz, CEO of Thinkwire, which was founded in 2016. “Our technology makes it easy to access company knowledge wherever it is, so teams can spend less time searching for information, and more time doing high-value work.”

Thinkwire’s flagship product is an enterprise thought leadership platform for running panels and interviews. The platform allows organizations to host moderated roundtables and fireside chats online. These structured discussions are hosted in micro-sites for brands to build a community around thought leadership.

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The Josef Umdasch Research Prize, by the Austrian Umdasch Group subsidiary Doka, registered 157 submissions from 63 countries. Of these submissions, five finalists qualified for the pitch presentations, which were held at the World Summit Awards Congress in Portugal. The best solutions are awarded EUR 5,000 for future development.

Since 1990, the Umdasch Group has tried to support achievements in research and development through its research prize. The award is named for Josef Umdasch, the father of the company’s owners. The aim of the prize is to encourage the personal development of young people and support initiatives which focus on education and knowledge transfer worldwide.

The five nominees from Lithuania, Austria, Canada, Kenya, and Côte d’Ivoire presented solutions to this year’s theme, The Future Workplace. Thinkwire will now work to launch and implement Cupp within Doka.

Image courtesy Thinkwire via Twitter.

Isabelle Kirkwood

Isabelle Kirkwood

Isabelle is a Vancouver-based writer with 5+ years of experience in communications and journalism and a lifelong passion for telling stories. For over two years, she has reported on all sides of the Canadian startup ecosystem, from landmark venture deals to public policy, telling the stories of the founders putting Canadian tech on the map.

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