Featured Product
This Week in Quality Digest Live
Innovation Features
Anton Ovchinnikov
In competitive environments, operational innovation could well be the answer to inventory risk
Brian A. Weiss
Tech transfer can be more efficient
Zach Winn
Optical milk scanner uses materials-sensing technology to measure the health of cows
Tamara Sheldon
EV subsidies are poorly designed, but simple changes could make them more effective and equitable
Rebecca Beyer
Knowing who creates a robot makes it feel more authentic

More Features

Innovation News
MIT course focuses on the impact of increased longevity on systems and markets
Upgraded with blue laser technology
The Ring Dex 2 filling and capping system is designed to simplify production.
The QM certification is awarded for excellence in curriculum design and quality
Recent research finds organizations unprepared to manage more complex workforce
For scenarios that require a rapid response
With block-based editor, anyone can realize projects using AI-based image processing
Product placement lends depth to sustainability
Industrial Scan&Sand solution wins RBR50 Innovation Award

More News

Quality Digest

Innovation

Hexagon Supports Scaling Startups With Innovation Platform

‘Sixth Sense’ takes startups’ advanced tech and products from minimum viable product to commercialization

Published: Monday, February 7, 2022 - 12:58

(Hexagon Manufacturing Intelligence: North Kingstown, RI) -- Hexagon’s Manufacturing Intelligence division, which provides engineering, production and quality technology and services to the world’s biggest and most innovative manufacturing leaders around the world, has announced a revolutionary take on supporting startups.

The open innovation platform Sixth Sense brings together startups and industry-leading companies to create transformative solutions that benefit everyone. It promotes sharing resources, data, and ideas to fast-track progress and solve real-world problems that address some of humanity’s greatest challenges, such as the journey to net zero. The challenge areas include sustainability, big data, machine learning, artificial intelligence, sensors, and robotics.

Sixth Sense’s first themed challenge—Artificial Intelligence (AI) for sustainable Smart Manufacturing—encompasses all these areas and is also accepting dedicated applications. Startups are encouraged to register their interest for future themed challenges and events.

“We are searching for intelligent, efficient solutions that will not only enhance performance, but benefit people and the planet,” says Parth Joshi, chief product and technology officer of Hexagon’s Manufacturing Intelligence division. “Industry 4.0 is evolving and pushing to solve complex challenges, but the catch is that you cannot solve big problems without solving lots of little ones at each step with innovation.”

The 10 most innovative proposals will be chosen for an intensive innovate-on-the-job scaling program, supported by Hexagon, key clients, and world-leading mentors. Three final concepts will be offered opportunities to globalize and scale their business as commercial joint ventures.

“Sixth Sense will build a bridge between small businesses and larger manufacturers, helping overcome startups’ challenges with scaling while simultaneously meeting the industry’s need for new ideas,” says Milan Kocić, head of Sixth Sense.

The platform has already partnered with a number of promising young companies and is founded on the principle that diversity is fundamental to innovation and establishing a thriving, open ecosystem.

The selection criteria for Sixth Sense include:
• $1m or less in revenue
• 1–5 years in existence
• Post seed, Series A, Series A+
• Proven traction and product-market fit
• Propensity to scale

Preferred qualities:
• Validation of investment from third party
• IP and licenses

About Hexagon

Hexagon is a global leader in digital reality solutions, combining sensor, software, and autonomous technologies. It’s putting data to work to boost efficiency, productivity, quality, and safety across industrial, manufacturing, infrastructure, public sector, and mobility applications.

Hexagon’s technologies are shaping production and people-related ecosystems to become increasingly connected and autonomous, ensuring a scalable, sustainable future.

Hexagon’s Manufacturing Intelligence division provides solutions that use data from design and engineering, production, and metrology to make manufacturing smarter.

Hexagon (Nasdaq Stockholm: HEXA B) has approximately 21,000 employees in 50 countries and net sales of approximately 3.8 billion euros. Learn more at hexagon.com and follow us @HexagonAB.

Discuss

About The Author

Quality Digest’s picture

Quality Digest

For 40 years Quality Digest has been the go-to source for all things quality. Our newsletter, Quality Digest, shares expert commentary and relevant industry resources to assist our readers in their quest for continuous improvement. Our website includes every column and article from the newsletter since May 2009 as well as back issues of Quality Digest magazine to August 1995. We are committed to promoting a view wherein quality is not a niche, but an integral part of every phase of manufacturing and services.