Festo was one of six companies to hold a start-up pitch on optimising purchasing and personnel processes. The event took place on 11 and 12 March 2019 in the creative spaces of Festo in Esslingen am Neckar.
The aim of the start-up pitch was to find suitable start-ups for purchasing projects or ideas for optimising personnel processes. To this end, six German medium-sized companies have joined forces for the first time in order to get to know as many young companies as possible. Explaining the idea behind the joint start-up pitch, Alfons Riek – responsible for Technology and Innovation at Group Holding Festo – says, ‘With Festo, Kärcher, TRUMPF, ZEISS, SEW-EURODRIVE and SICK, the start-ups will meet six well-known medium-sized companies to whom they can present themselves and their ideas.’
In purchasing, the focus was on stock administration, general management of supplier support and procurement processing. In the area of personnel processes, it was on the topics of intelligent recruiting and active sourcing, personnel administration and training, knowledge management and skills management. ‘The event and the upstream scouting process were a complete success. We have selected four start-ups for purchasing and five for human resources, with which we will start the deeper evaluation,’ says Markus Köpschall, co-initiator of the start-up pitch. ‘The focus is on digitising processes and supporting them with new technologies such as artificial intelligence,’ adds Dr Jochen Schließer, head of Innovation Projects and Networks at Festo.
For Markus Köpschall, Alfons Riek and Dr Jochen Schließer, the in-house pitch event with the partner companies was particularly valuable. In addition to new contacts with interesting start-ups, the departments of the respective cooperation companies also came into contact with each other.
Watch our video for more about the start-up pitch: