{"id":13847,"date":"2020-11-25T10:28:02","date_gmt":"2020-11-25T09:28:02","guid":{"rendered":"https:\/\/ggba.swiss\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/"},"modified":"2023-07-04T13:40:09","modified_gmt":"2023-07-04T11:40:09","slug":"machine-learning-epfl-start-up-datapred-secures-chf-500000","status":"publish","type":"post","link":"https:\/\/ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/","title":{"rendered":"Machine learning EPFL start-up Datapred secures CHF 500\u2019000"},"content":{"rendered":"

Based at the EPFL Innovation Park, Datapred developed a machine learning software for direct material procurement. The company has secured a Tech Growth loan of CHF 500\u2019000 for its further development and expansion.<\/h4>\n

With its machine-learning software, Datapred<\/a> helps industrial buyers of raw materials to centralize tens of internal and external data streams and make better buying decisions, saving up to 5% of their raw material spend, year over year.<\/p>\n

Moreover, the solution provides industrial buyers with new opportunities to “trade around” their assets \u2013 that is, to purchase based on the real-time combination of market trend predictions and operational cost\/constraint optimization.<\/p>\n

The recently secured FIT Growth<\/a> loan of CHF 500\u2019000 will contribute to the further development of the company, as Datapred plans to expand internationally with a focus on Germany.<\/p>\n

Machine learning to reduce costs in challenging times<\/h4>\n

Industrial buyers of raw materials operate in a challenging environment characterized by enormous pressure to reduce costs, high market volatility, and mountains of data to be analyzed, slowing execution down and leaving no time for strategic thinking. \u00a0The current pandemic has even exacerbated these challenges for the energy and raw material markets.<\/p>\n

\u201cThe Covid-19 crisis is having a violent impact on energy and raw material markets, but the traditional concept of price volatility doesn\u2019t capture the many aspects of that instability, and is actually misleading in some cases. Chief Procurement Officers need finer insights to optimize buying decisions in the post Covid-19 world\u201d, explains Thomas Oriol, director of Datapred.<\/p>\n

Based at the EPFL Innovation Park<\/a> in Lausanne, in the canton of Vaud, Datapred was founded in 2017, named a \u201cCool Vendor\u201d by Gartner and won the international machine learning competition organized by Airbus in 2019, and ranks among the Top 50 Companies to Watch by Spend Matters in 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"

Based at the EPFL Innovation Park, Datapred developed a machine learning software for direct material procurement. The company has secured a Tech Growth loan of CHF 500\u2019000 for its further development and expansion. With its machine-learning software, Datapred helps industrial buyers of raw materials to centralize tens of internal and external data streams and make […]<\/p>\n","protected":false},"author":3,"featured_media":13848,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"mc4wp_mailchimp_campaign":[],"footnotes":""},"categories":[839],"tags":[893,887],"class_list":["post-13847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-en","tag-artificial-intelligence","tag-software"],"acf":[],"yoast_head":"\nMachine learning EPFL start-up Datapred secures CHF 500\u2019000 - Greater Geneva Bern area<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Machine learning EPFL start-up Datapred secures CHF 500\u2019000 - Greater Geneva Bern area\" \/>\n<meta property=\"og:description\" content=\"Based at the EPFL Innovation Park, Datapred developed a machine learning software for direct material procurement. The company has secured a Tech Growth loan of CHF 500\u2019000 for its further development and expansion. With its machine-learning software, Datapred helps industrial buyers of raw materials to centralize tens of internal and external data streams and make […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/\" \/>\n<meta property=\"og:site_name\" content=\"Greater Geneva Bern area\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-25T09:28:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-04T11:40:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/staging.ggba.swiss\/app\/uploads\/2023\/06\/Machine-Learning-Datapred-630x380-4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"630\" \/>\n\t<meta property=\"og:image:height\" content=\"380\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"mathieu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mathieu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/\"},\"author\":{\"name\":\"mathieu\",\"@id\":\"https:\/\/staging.ggba.swiss\/en\/#\/schema\/person\/de091cdfd7d8bce46f9b8b1cf9d868ab\"},\"headline\":\"Machine learning EPFL start-up Datapred secures CHF 500\u2019000\",\"datePublished\":\"2020-11-25T09:28:02+00:00\",\"dateModified\":\"2023-07-04T11:40:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/\"},\"wordCount\":299,\"image\":{\"@id\":\"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ggba.swiss\/app\/uploads\/2023\/06\/Machine-Learning-Datapred-630x380-4.jpg\",\"keywords\":[\"Artificial Intelligence\",\"Software\"],\"articleSection\":[\"Tech\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/\",\"url\":\"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/\",\"name\":\"Machine learning EPFL start-up Datapred secures CHF 500\u2019000 - Greater Geneva Bern area\",\"isPartOf\":{\"@id\":\"https:\/\/staging.ggba.swiss\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ggba.swiss\/app\/uploads\/2023\/06\/Machine-Learning-Datapred-630x380-4.jpg\",\"datePublished\":\"2020-11-25T09:28:02+00:00\",\"dateModified\":\"2023-07-04T11:40:09+00:00\",\"author\":{\"@id\":\"https:\/\/staging.ggba.swiss\/en\/#\/schema\/person\/de091cdfd7d8bce46f9b8b1cf9d868ab\"},\"breadcrumb\":{\"@id\":\"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/#primaryimage\",\"url\":\"https:\/\/ggba.swiss\/app\/uploads\/2023\/06\/Machine-Learning-Datapred-630x380-4.jpg\",\"contentUrl\":\"https:\/\/ggba.swiss\/app\/uploads\/2023\/06\/Machine-Learning-Datapred-630x380-4.jpg\",\"width\":630,\"height\":380},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ggba.swiss\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Machine learning EPFL start-up Datapred secures CHF 500\u2019000\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/staging.ggba.swiss\/en\/#website\",\"url\":\"https:\/\/staging.ggba.swiss\/en\/\",\"name\":\"Greater Geneva Bern area\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/staging.ggba.swiss\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/staging.ggba.swiss\/en\/#\/schema\/person\/de091cdfd7d8bce46f9b8b1cf9d868ab\",\"name\":\"mathieu\",\"url\":\"https:\/\/ggba.swiss\/en\/author\/mathieu\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Machine learning EPFL start-up Datapred secures CHF 500\u2019000 - Greater Geneva Bern area","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/","og_locale":"en_US","og_type":"article","og_title":"Machine learning EPFL start-up Datapred secures CHF 500\u2019000 - Greater Geneva Bern area","og_description":"Based at the EPFL Innovation Park, Datapred developed a machine learning software for direct material procurement. The company has secured a Tech Growth loan of CHF 500\u2019000 for its further development and expansion. With its machine-learning software, Datapred helps industrial buyers of raw materials to centralize tens of internal and external data streams and make […]","og_url":"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/","og_site_name":"Greater Geneva Bern area","article_published_time":"2020-11-25T09:28:02+00:00","article_modified_time":"2023-07-04T11:40:09+00:00","og_image":[{"width":630,"height":380,"url":"https:\/\/staging.ggba.swiss\/app\/uploads\/2023\/06\/Machine-Learning-Datapred-630x380-4.jpg","type":"image\/jpeg"}],"author":"mathieu","twitter_card":"summary_large_image","twitter_misc":{"Written by":"mathieu","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/#article","isPartOf":{"@id":"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/"},"author":{"name":"mathieu","@id":"https:\/\/staging.ggba.swiss\/en\/#\/schema\/person\/de091cdfd7d8bce46f9b8b1cf9d868ab"},"headline":"Machine learning EPFL start-up Datapred secures CHF 500\u2019000","datePublished":"2020-11-25T09:28:02+00:00","dateModified":"2023-07-04T11:40:09+00:00","mainEntityOfPage":{"@id":"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/"},"wordCount":299,"image":{"@id":"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/#primaryimage"},"thumbnailUrl":"https:\/\/ggba.swiss\/app\/uploads\/2023\/06\/Machine-Learning-Datapred-630x380-4.jpg","keywords":["Artificial Intelligence","Software"],"articleSection":["Tech"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/","url":"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/","name":"Machine learning EPFL start-up Datapred secures CHF 500\u2019000 - Greater Geneva Bern area","isPartOf":{"@id":"https:\/\/staging.ggba.swiss\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/#primaryimage"},"image":{"@id":"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/#primaryimage"},"thumbnailUrl":"https:\/\/ggba.swiss\/app\/uploads\/2023\/06\/Machine-Learning-Datapred-630x380-4.jpg","datePublished":"2020-11-25T09:28:02+00:00","dateModified":"2023-07-04T11:40:09+00:00","author":{"@id":"https:\/\/staging.ggba.swiss\/en\/#\/schema\/person\/de091cdfd7d8bce46f9b8b1cf9d868ab"},"breadcrumb":{"@id":"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/#primaryimage","url":"https:\/\/ggba.swiss\/app\/uploads\/2023\/06\/Machine-Learning-Datapred-630x380-4.jpg","contentUrl":"https:\/\/ggba.swiss\/app\/uploads\/2023\/06\/Machine-Learning-Datapred-630x380-4.jpg","width":630,"height":380},{"@type":"BreadcrumbList","@id":"https:\/\/staging.ggba.swiss\/en\/machine-learning-epfl-start-up-datapred-secures-chf-500000\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ggba.swiss\/en\/"},{"@type":"ListItem","position":2,"name":"Machine learning EPFL start-up Datapred secures CHF 500\u2019000"}]},{"@type":"WebSite","@id":"https:\/\/staging.ggba.swiss\/en\/#website","url":"https:\/\/staging.ggba.swiss\/en\/","name":"Greater Geneva Bern area","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/staging.ggba.swiss\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/staging.ggba.swiss\/en\/#\/schema\/person\/de091cdfd7d8bce46f9b8b1cf9d868ab","name":"mathieu","url":"https:\/\/ggba.swiss\/en\/author\/mathieu\/"}]}},"_links":{"self":[{"href":"https:\/\/ggba.swiss\/en\/wp-json\/wp\/v2\/posts\/13847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ggba.swiss\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ggba.swiss\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ggba.swiss\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ggba.swiss\/en\/wp-json\/wp\/v2\/comments?post=13847"}],"version-history":[{"count":1,"href":"https:\/\/ggba.swiss\/en\/wp-json\/wp\/v2\/posts\/13847\/revisions"}],"predecessor-version":[{"id":16845,"href":"https:\/\/ggba.swiss\/en\/wp-json\/wp\/v2\/posts\/13847\/revisions\/16845"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ggba.swiss\/en\/wp-json\/wp\/v2\/media\/13848"}],"wp:attachment":[{"href":"https:\/\/ggba.swiss\/en\/wp-json\/wp\/v2\/media?parent=13847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ggba.swiss\/en\/wp-json\/wp\/v2\/categories?post=13847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ggba.swiss\/en\/wp-json\/wp\/v2\/tags?post=13847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}