Inogate acquires Critical Move

Company develops mobility solutions based on intelligent transport system

Coimbra, Portugal, May 13, 2011 – Critical SGPS announced today an agreement with Inogate to sell its stake in Critical Move, the company dedicated to the development of the innovative “horizontal” elevator transport system. As part of the deal Critical Move will re-brand as Move Mile.


After a successful proof of concept and with two Move vehicles already in operation at the company first customer -  hospital Rovisco Pais, in Tocha – it is the right time for Critical SGPS to open the door for a new step of development in the company” highlights Diamantino Costa, Critical SGPS’s Managing Partner.

With an accomplished seed capital stage for the Move project, it is time to hand over to new investors” adds Diamantino Costa, adding that this operation comes at a time where Critical Group is bootstrapping the Critical Ventures I fund – an operation that will invest seed capital in IT ventures up to an amount of €6 million.

At Inogate our focus is to exploit disruptive business models. Move brings a game changing product for a new market – a combination that allows Inogate to full apply our expertise. Leveraging on Critical’s seed phase investment, we’ll now add to the growth and expansion of this project”, adds Paulo Janeiro, Inogate’s CEO.

For more information, please visit: www.movemile.com

Inogate at Front End of Innovation in Berlin!

Don’t forget to visit us at The Front End of Innovation conference 2-4 March in Berlin! Hope to see you all there!

PDMA España has arrived!

Karen Shotliff, Account Manager for Inogate and part of the Organising Committee presenting at PDMA España

On the 20th January 2011, I had the pleasure of being part of PDMA España’s very first event held in Madrid at the Tryp Cibeles Hotel.

The Product Development and Management Association (PDMA) is the global advocate for product development and management professionals and the mission is to improve the effectiveness of individuals and organisations in product development and management.

I first became involved in PDMA through Inogate where we sponsored events and was surprised that there had been no real network established in Spain where I am based. With the support of Christina Brodie (VP International Affiliates, Paolo Zanenga (Southern Europe Affiliate) and Gert Staal (Netherlands Affiliate) we then began to contact existing members based in Spain to start moving towards organising PDMA España’s first meeting.

Everyone was very enthusiastic and ready to help with the organisation which helped to the success of the first meeting of PDMA España and establishing itself in Spain.

This event proved to be an excellent platform to create a respected network of professionals, academics and service providers interested in promoting product development and management as a top priority in Spain. The next meeting and programme of PDMA España is already in development so I will keep you all updated! http://linkd.in/hH0Udx

Karen Shotliff, Account Manager – Inogate

Inogate @ Innovation Excellence 2010 | BCN

Just a short flight to contend with and we arrived in Barcelona to take part in Axiom Groupe’s Innovation Excellence event. This will be the 2nd time we have participated so we were looking forward to seeing some familiar faces and hopefully some new ones too.

The event kicked off with Herman Wories of DSM talking about their plans for the future and what the fundamentals are for increasing sales in DSM. They have a vision to see a 20% sales growth by 2020 by innovating for growth not for the portfolio. It is clear to see that in such a huge company they favour structure and processes but interestingly which some organisations don’t do enough is that it’s not just R&D where innovation is happening but within their other business units too therefore utilising all the resources they have which ultimately speeds up their growth. Herman also touched upon creating the right culture and encouraging employee engagement as one of the most difficult areas to improve upon.

So it seemed that the theme was set for the day! Michael Hess from Siemens who spoke about Innovation in an Enterprise 2.0 also discussed how important it is to have the right culture in the organisation especially when it comes to using Web 2.0 tools to improve innovation speed. It’s tough to encourage everyone to use these tools so we agree that it must be done in a pilot phase, step by step with a nucleus of people who are truly committed to using these tools to improve the innovation process. Once you have the success here this is where you get the commitment Top-Down. Which is the most difficult bottom-up or top-down change? This is a debate that continued throughout the event long into the night!

Thankfully it wasn’t all work! The Ajuntament de Barcelona had invited us to a cocktail reception at the Palau Centelles where we would hear Jordi William Carnes the Deputy Mayor for Treasury and Economic Promotion speak about the changes and innovation opportunities in Barcelona. Unfortunately Sr. Jordi was running a bit late as he was stuck in a meeting with the Mayor but the Cava helped placate us all. Later we all went out to discover the great cuisine of Barcelona with Felix Previdoli of Lonza, Dave Roberts of Pepsico and Michel Pozas Lucic of Air France KLM to name just a few. Great night had by all!

With the recurring theme of making the most of people in your organisation and improving engagement among employees we would say this is one of the biggest challenges organisations are facing at the moment. Companies have to be global but also local coupled with the growth opportunities in Asia and Brazil is a monumental challenge to contend with. Creating the right culture locally and providing the right platforms to collaborate will create a global culture of innovation but remember don’t run before you can walk!

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