In their introductory statements given at the venue, the representatives of PALFINGER, Tieto and Microsoft highlighted the importance of these technologies and data for the overriding objective of creating added value for customers. Topics such as automation and sharing concepts as well as the necessary connectivity – of products, data and, first and foremost, ideas – were discussed. Martin Zehnder, for instance, explained:“ It is not the individual things that are of relevance, but rather what we can do with the data we obtain from the internet of things”.
Following the introduction, the 24 teams started to work on their ideas, and several of them continued until the premises closed on the first day late in the evening. On Sunday, the“ hacking” continued, and the PALFINGER coaches provided advice. The teams had the opportunity to perform pre-pitches to prepare for their demonstrations before the jury, which were scheduled for the late afternoon.
 Each team was given a maximum of two minutes to present its ideas. The various presentations included videos, practical simulations and first prototypes. The jury evaluated the presented ideas based on their impact on business, their concreteness, originality, conception and user friendliness, as well as on the presentation of results.
The top three teams won money prizes and were given the opportunity to further develop their ideas together with PALFINGER.“ The three winning teams impressed us on all levels.
We are looking forward to bringing their ideas and their spirit to the PALFINGER Group. And it goes without saying that we will also take another close look at all other concepts presented,” commented a jury spokesperson when asked about the outcome. A special award was presented to the two youngest rookie teams – two students from a technical secondary school( HTL Donaustadt in Vienna) and one student from the technical university of Vienna.
PALFINGER has been focusing intensively on digitalization and the opportunities and changes it engenders for quite some time now. In 2016, the Company set up an internal organizational unit which concentrates on these topics. Parallel to this, first projects were implemented, and technologies such as automation, virtual and augmented reality or 3D printing are already in use for certain purposes.
Herbert Ortner, CEO of PALFINGER AG, emphasized the importance of this type of innovation.“ Our aim is to establish this open form of innovation at PALFINGER – using external talents, but also making use of internal resources to promote this and create the necessary structures.” PALFINGER plans to establish a branch in Vienna in 2017, where a resourceful team will be engaged in developing new ideas and partnerships. Through the increasing use of digital technologies, PALFINGER will open up completely new aspects of customer benefit.