This week’s episode of “WisBusiness: the Podcast” is with Aymen Azim, founder and director of Madison-based Technova Industries.
The early-stage data and security company was recently announced as part of startup accelerator gener8tor’s latest Madison cohort. Azim discusses the company’s software and path ahead as he seeks to grow the business with help from gener8tor.
“We developed a software that can connect to any security system, and provide all the data to provide better management of our cities and our businesses,” he said.
As one example, he said the company can connect and retrieve data on traffic patterns in a given city, cross-reference that with weather forecasts and collision information to deliver insights to municipalities.
“We’re always looking to innovate and add more technologies, and follow up with what’s new in the innovation area,” he said. “Being a part of gener8tor Madison’s spring cohort is a great opportunity to get into the Wisconsin ecosystem … We want to bring this new piece of technology to help our communities.”
The program comes with a $100,000 investment and other support including access to gener8tor’s network of mentors and investors, as well as the camaraderie of joining other entrepreneurs in a similar phase of growing their companies.
Technova Industries is looking to expand its offerings to other market segments, Azim said, referencing possible applications in Wisconsin’s agriculture industry. That could include automating aspects of livestock management and environmental monitoring, “so they can spend more time doing other important things than just counting their livestock,” he said.
“So we want to save them time first, because we know time is a pain point for them,” he said. “We’re also tackling other segments like retail … We are in a very early stage of development, we have some use cases for our cities and businesses, and we’re going to be developing more and more for the next couple of years.”
Listen to the podcast below, sponsored by UW-Madison:
