Companies collect data in an ongoing manner in order to derive new information about customers, business opportunities and to fuel new product solutions. With stricter data regulations such as the GDPR looming in the near future, data privacy has become an entirely new asset for companies.
Statice helps companies to leverage existing and new private customer data in a privacy-preserving manner. To achieve this we create synthetic data. Synthetic data makes it impossible for external parties to retrieve sensitive personal information as no original data is included in the synthetic dataset while all relevant statistical properties like domain bounds and correlations are kept. This synthetic data can be shared with external data owners and data experts without any privacy concerns. This helps to unlock the hidden value of personal data while staying entirely GDPR compliant.
WATTx is a new kind of company builder. What sets us apart? Our focus on creating deep technologies in the world of the industrial and consumer IoT; hardware and software prototyping; and our rigorous process for moving informed research into validated ideas, and taking concepts from prototype, to pilot, to company formation in only a few months. This way, we ensure that only the most robust ideas become successful ventures. As we mature, we continue to cross-leverage our knowledge and technologies in our portfolio for future prototyping.