The press conference of the opening of the Microsoft Accelerator's eighth phase was held at Zhongguancun Science Park on August 18. The conference doubled as the public debut of 15 enterprises newly selected to the acceleration program and the founders of the selected teams explained the challenges and advantages in their various fields.
Wang Lei, the accelerator's CTO, introduced the 15 incoming enterprises to the public and?said it is the experience in related industries and industry-leading level determines whether a team can join the program.
The 15 newly-joined enterprises are Bubi Network Technology, Logos Data, Princetechs, Tech Valley, Jiagetiandi Technology, Bitpower, WYSEngine, Shadow Creator, Soda Transportation Network Technology, Qingting Parking, ThreatBook, Qingyuan Technology, Deep Informatics++, Linking Med and ZionChina Technology.
 |
|
Founders of the new-member enterprises with Luo Bin. [Photo/Microsoft Accelerator] |
Six enterprises are big data analyzing teams, three focus on the use of big data and artificial intelligence in medical and health fields and three are concerned with the Internet of Things and its infrastructure.
Among the remaining three companies, one concentrates on virtual reality, another is devoted to the managing of mixed cloud platforms and the third is focused on Internet security.
More than 80 percent of the teams are in need of Microsoft's cloud service and computing support.
On the conference, Luo Bin, CEO of the Microsoft Accelerator, also gave a speech on its strategy, ambition and special innovation ecosystem.
 |
|
Luo Bin, CEO of the Microsoft Accelerator, speaks at the conference. [Photo/Microsoft Accelerator] |
He?said the Accelerator aims to unite partners to create a mature and positive environment for cloud computing and big data technology and to make sure the innovation enterprises and the Accelerator, working together, can reach their goal of leading the development of the Internet industry.
High technologies such as cloud computing, big data, artificial intelligence, and virtual reality are infiltrating various traditional industries, forcing the reconstruction of new business models and processes, which in turn brings new business opportunities and entrepreneurship environments.
 |
|
Founders of the enterprises (left) and investors (right) attend the conference. [Photo/Microsoft Accelerator] |
The Microsoft Accelerator conducts an "Innovation and Navigating" strategy, supporting the growth and development of excellent innovation teams.
Its strategy has four parts: recruiting startups with high technical competitiveness and market leadership, offering a good environment, using new methods to integrate international resources to build a more complete strategic cooperation alliance and finally offering marketing help to the companies.
The Accelerator has successfully accelerated 126 innovation enterprises' growth and by July of this year, 93 percent of them had obtained new rounds of financing.
Besides the founders of the enterprises, many investors from financial institutions and officials of the government also attended the event.
