About Us Introduction Innovation in Business is thrilled to unveil the PropTech Awards 2024 for its very first installment, a beacon of excellence in the realm of property technology! As we steer into our inaugural year, we are poised to celebrate the trailblazers who are reshaping the real estate landscape with cutting-edge technologies. From the deployment of artificial intelligence in property management to the revolutionary strides in sustainable building practices, the PropTech Awards 2024 is set to illuminate the achievements of those leading the charge towards a smarter, more efficient real estate future. The PropTech Awards 2024 casts a spotlight on a diverse group of contenders, ranging from emerging startups revolutionising the renting experience, to tech giants pioneering smart home initiatives. This programme is meticulously crafted to serve as a prestigious platform for innovators and entrepreneurs who are fervently pushing the boundaries of what’s possible in real estate technology, providing them with a unique opportunity to showcase their solutions to a global audience of peers and potential collaborators! The PropTech industry, blending property with technology, is revolutionising real estate through digital innovation, with investments soaring from $20 million in 2008 to $9.6 billion in 2021! This growth is propelled by advancements in real estate marketplaces, iBuying, smart homes, and virtual tours, alongside the adoption of AI, machine learning, smart buildings, blockchain for secure transactions, and a push for sustainability. Projected to expand from $18.2 billion in 2022 to $86.5 billion by 2032, the sector is driven by demands for efficient, personalised, and eco-friendly solutions. Dominated by the United States, with Europe and Asia quickly catching up, this surge highlights a global trend towards leveraging technology to enhance real estate transactions, management, and sustainability, promising a future where property industry is more connected and environmentally conscious. Behind the PropTech Awards 2024 is Innovation in Business’s commitment to fostering innovation and excellence in the property technology sector. By hosting these awards, we aim to spotlight the significant contributions of PropTech firms and individuals, encouraging further innovation, investment, and collaboration within the industry. It’s an endeavour to not just recognise the achievements of today, but to inspire the groundbreaking developments of tomorrow! Essential Package 725 GBP / 921 USD Full page article Bespoke trophy Personalised digital logo www.innovationinbusiness.com May21135 mainly catering for mass-produced cars. There’s a risk that some of these niche, historic car brands might not survive electrification unless companies such as IONETIC address their specific needs.” Dr. Monica Marinescu, Co-Founder of IONETIC and Senior Lecturer, Department of Mechanical Engineering, Imperial College London, said: “The EV battery sector is set to grow 15-30% annually for the next 10 years and so there is a huge opportunity for an agile start-up such as IONETIC. At a time when competition in this space is stronger than ever, it is crucial automotive companies pursue battery technologies that provide a balance between performance, cost reduction and resource optimisation. Our battery solution is the product of a diverse team of battery scientists, educated and trained at Imperial College, one of the world’s leading universities. We leverage the latest, stateof-the-art technologies to help businesses transition to electric mobility.” IONETIC reveals revolutionary electric vehicle battery pack technology cutting costs and development time for automotive manufacturers • UK start-up IONETIC’s state-of-the-art battery pack design platform can enhance energy density of EV battery packs by over 30% compared to existing off-the-shelf solutions1 • Its software quickly generates customisable, optimised designs that can increase the utilisation of pack volume by up to 120%2 • IONETIC can reduce battery pack design costs by over 90%3 for automotive OEMs • With plans to open a UK-based factory next year, IONETIC is set to be the only UK-based battery pack developer to offer an end-to-end, in-house battery solution, from initial conceptualisation to mass production IONETIC, the dynamic UK start-up specialising in electric vehicle (EV) battery pack technology, today launches its state-of-the-art EV battery pack design platform, which can cut the development cost and time for automotive manufacturers bringing a new electric vehicle to market. Producing a high-performance and safe battery pack solution has traditionally been expensive and time-consuming for many automotive companies. Fully customised designs are often unaffordable, while existing off-the-shelf battery pack solutions suffer from low energy density and poor optimisation. This is particularly true for lower volume niche automotive manufacturers with unique requirements. IONETIC overcomes these problems by offering an efficient blend of cost and customisation to help accelerate battery pack development like never before. Its state of the art software-based platform can boost energy density by 30% and increase utilisation of pack volume by up to 120%, compared to existing off-the-shelf solutions. It can also produce a battery pack design in days and reduce the costs of getting from requirements to mass manufacture by over 90% for automotive OEMs. This is due to the platform’s ability to automatically generate designs according to a series of fully adjustable parameters, while offering a vertically integrated solution to battery pack production, which includes homologation and mass manufacture. IONETIC is planning to open its first UKbased battery manufacturing facility next year, which will enable it to begin pilot production of its own battery pack designs. This will make IONETIC the only UK-based battery pack developer to offer an endto-end, in-house battery solution, from conceptualisation and prototyping through to homologation and production. James Eaton, CEO and Co-Founder of IONETIC, said: “There are many stages needed to get a battery pack into production. Automotive companies need to consider requirements, system design, homologation, embedded control, manufacturing options, and vehicle integration, to name a few. These stages are often done by different companies, which can lead to a costly, fragmented process. At IONETIC we facilitate all these stages, simplifying the process and reducing the cost for EV OEMs. “We’re currently focusing on niche automotive companies in the UK and Europe. They typically make less than 10,000 vehicles per year, so probably don’t meet the minimum order quantities of large global battery pack suppliers, or can’t meet their high design fees. These niche vehicle-makers are the unsung heroes that keep society functioning. Trucks, buses, construction vehicles, service vehicles and emergency vehicles all need to electrify in the next decade. We’re also in talks with iconic car brands and sports car manufacturers. Gigafactories are “These niche vehiclemakers are the unsung heroes that keep society functioning.”
RkJQdWJsaXNoZXIy MTUyMDQwMA==