STING company Tomologic makes Take Off and is ready forthe next step2010-12-08 Growth Company Tomologic with its optimization system for pruning metal has attracted attention with prices in both Venture Cup as the European Sustainability Award. During the two years in STING, they have evolved from development company to now be ready to prove that the technology is commercially viable. Yesterday they were thanked at a Take-off ceremony of STING. STING's CEO Pär Hedberg opened the ceremony by giving some advice for growth companies, and also noted that Tomologic have the highest ratings on almost all counts. As a textbook example Tomologic found early customers who saw the potential in the product and could act as a partner in the development of technology. Although the Council to keep high speed to avoid being overtaken by competitors Tomologic was embraced. Development has proceeded at high speed, and sometimes STING business coaches barely had time to cope, according to Pär Hedberg.
The word tomo means friend in Japanese, and share in Greek. Tomologics software for the manufacturing industry for more efficient cutting plans and a large reduction in material waste. The losses arising from the intersection of all sorts of sheet metal is a major cost for the manufacturing industry and lead to a substantial waste of energy with negative environmental impacts as a result.
- Engineering Sciences study on how we can reduce energy consumption in Sweden shows that the biggest opportunity lies in the savings. It shows the potential of Tomologic. If the entire manufacturing industry used Tomologics technology this would lead to an energy saving equivalent energy from 900 wind turbines, said Raoul Stubbe, who has been Tomologics coach during the two years in STING.
The company's founder Magnus Norberg Ohlsson himself worked on the factory floor when he realized the great potential improvement in shaving technology. He tested himself various cutting techniques and soon found a very effective way to cut with less waste, but realized the difficulty in teaching methodology. Then the idea was born of making software of knowledge. The idea became a company and soon Magnus Norberg Ohlsson connect with STING. The two years in the incubator has been very valuable for Tomologic, he says.
- STING is a large community of knowledge and experience to share, and experience-sharing has been incredibly important to me. Although STING's large networks have been valuable, it was STING who introduced us to our current President Agne Pettersson, says Magnus Norberg Ohlsson.
When Tomologic now is leaving STING, the development is over and they will go into a strategic period that will result in the company's vision.
"- We will become the global leader in our niche, "says Norberg Magnus Ohlsson.