Invitech Solutions awards innovation prizes

Awards

Invitech Solutions awarded the InnoMax prizes on Wednesday, the annual awards for innovation aimed at the improvement of everyday life and community interests. The awards were given in two categories, Business and Nonprofit.

The InnoMax awards were established in 2009 and for this yearʼs edition more than 100 projects were submitted. Besides professional support, Invitech also offers financial support of between HUF 500,000 and HUF 2 million, said a press release sent to the Budapest Business Journal.

The winner in the Business category is a platform developed by Energrade Kft. allowing energy-saving solutions for companies, using internet of things (IoT) technology. The solution, which monitors energy consumption, enables cost savings of up to 40%.

Second prize in the Business category went to a fully automated, cloud-based pharmacy network plan by Patika.net, while a face recognition system by Ultinous Zrt. came in third.

The Nonprofit category winner was a website (jarokelo.hu) with a digital map allowing ordinary citizens to report blurred signage or objects in public spaces hampering movement, which then alerts the relevant authorities to the problems and updates on progress.

The jury included Attila Chikán, CEO of Alteo Group, and László Krisán, CEO of Kavosz Zrt.

Hungary Gasoline Prices 3% Over Regional Avg Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Hungary to Address Future of Cohesion Policy During EU Presi... EU

Hungary to Address Future of Cohesion Policy During EU Presi...

120,000 Guest Workers Employed in Hungary HR

120,000 Guest Workers Employed in Hungary

Time Out Market to Open in Budapest Next Year Food

Time Out Market to Open in Budapest Next Year

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.