Incutex added Wilab to its investment portfolio

Local accelerator Incutex announced that last May it added to the startup Cordovan Wilab to its investment portfolio.

He did it with an injection of 50 thousand dollars, in which the Córdoba Agency Innovate and Undertake participated.

The venture arose two years ago for a tender that Claro Argentina carried out and later became a project with global scalability.

Behind the initiative are Tomás Achával (CEO), Javier Roberts (CTO) and Emeric Ureel (COO).

Wilab offers antenna power monitoring without deployment of hardware and enters the ecosystem of startups technology at a time when the market for “telcos” is in full expansion.

According to data from the Global System for Mobile (GSM), in 2018 mobile technologies and services generated five percent of Latin America’s gross domestic product (GDP), a contribution that amounted to approximately $ 260 billion of added economic value.

Its development is already working at Claro and it is also targeting Norwegian accelerator Kongsberg Innovasjon for another investment.

Phases

For Wilab entrepreneurs, the project is in the second phase of six they have planned, as the team aspires to scale in the United States.

Currently, most telecommunications companies operate with a reactive system, that is, there are thousands of sites with equipment of different brands, each with a software different and in the event of an incident you access that team

The information, in these cases, is dispersed and does not allow for data analysis to avoid repeating errors and making long-term improvements.

Wilab Site Mananger is the software of the company and the response to ensure that all teams communicate regardless of where they are located.

In this way, it seeks to anticipate incidents, generate real-time analytics and have an alarm system, among other variables.

On the cloud”

The platform works 100 percent in the “cloud” and allows a visualization of the infrastructure in real time, with adaptable reporting and analytics across the network.

These tasks can be performed remotely. “It is a comprehensive solution that improves the energy efficiency, maintenance and security of the entire site,” describe the creators of the product.

In this way, Wilab enters the telecommunications ecosystem with a data-driven response that allows markets to continue growing and avoiding economic losses due to service drops, which are 60 percent related to infrastructure failures.

The startup It trumpets its focus on IoT (Internet of Things) solutions for the industry, which is why, in addition to telecommunications, it ensures that it applies to general manufacturing and hydro-hydrocarbons (oil and gas).