Oleg Kondrashov is the CEO and the founder of EnCata, an international service company with offices in seven countries across the globe: “This year we’re starting Hackerspace [fablab], a workshop near our R&D office in Minsk,” he tells Emerging Europe.Read more
…EnCata “Engineering Catalyst”, which is an innovative service for engineering development and prototyping for various hardware startups (gadgets, high-tech devices, robotics, optoelectronics, etc.). EnCata “catalyzes” the life cycle of startups at the pre-seed stage of product develpment.
It all started in 2015 when Oleg Kondrashov decided to set up a new technology company EnCata in Minsk to help make Belarus’s capital one of Europe’s leading technology hubs. Indeed, Minsk is the home of more than 50’000 software engineers and it is not in vain nicknamed East European Silicon Valley.
The TIP conference held various panel discussions on innovation, which included representatives from various global organizations both government and private sectors, which covered topics from the UAE future of technology innovation pioneers in Healthcare for UAE 2071, the private sectors contribution and how AI is changing the future of healthcare to the role of the government in catalyzing innovation towards production, 4IR, future jobs, and emerging technologies as well as the future of healthcare and its success stories.
The “deep-tech” trend: what is the future of hardware start-ups? There is a new reality emerging in venture investments, and it’s not virtual or augmented – it’s start-ups building real products. Dr. Peter Dudin, CBDO of EnCata, talks about a new trend favouring investments in IoT and other hardware start-ups.
With the new trend in favour of deep-tech start-ups, we are witnessing a fundamental shift in how we invest in emerging companies, taking us full circle from historical trends in favour of hardware to software, and back again to hardware – this time for dedicated applications as the cost of hardware has lowered to enable deep-tech start-ups to take advantage of the higher performance inherent in application-specific hardware.