We have built the concept of automated development of robotics and automatics.
This is a multi-tasking software logic core with an external interface that allows developers of their systems to reduce their R&D time by up to 70%.
At the moment, our software product is a boxed level that is ready for sale. In the past, we have had the positive effect of using it in commercial projects, which allowed us to bring it to the final execution. Today we are involved in an ambitious project using our platform in vending systems.
The startups in the field of automation of trade, food, agriculture, medicine, automotive industry, scientific and technical and educational, etc.
Problem or Opportunity
Our developer environment is a tool that affects the following metrics in development:
1. The developers are expensive, experienced developers are even more expensive. At the same time, the less you need to write program code, the less programmers you need - this is saving on overhead costs. In addition, since No Code allows you to create applications much faster, such products will be cheaper in the long run.
2. Since the development of automation, robotics and smart systems without code is done visually using pre-built instructions, the process is faster. This allows the organization to be flexible. Combined with the principles of CI / CD, the testing process also becomes automated.
3. This will not only help expand the range of employees who can handle incidents or changes on their own, but it will also save programmers themselves from unnecessary work, increasing their productivity and allowing them to focus on tasks that really require their experience.
Solution (product or service)
The most suitable place for application is startups and small projects.
Startups will benefit from high development speed and instant user feedback, which is why most new pilot projects are done this way. It is important to note that in small projects it is often more important to meet the budget, quickly respond and resolve customer complaints.
We have no direct competitors, the market has no analogues to our solution. In the field of automation of programming processes, such areas as Data Science dominate, which has general trends but does not belong to our field. We feel like pioneers and keep a close eye on the latest developments in our field.
Advantages or differentiators
This information was presented in the previous paragraphs of the questionnaire.
In the short term, we intend to surpass the level of profitability with a net profit of $700 K.
As we scale into the international market, we want to increase these figures by 5 times.
The business model provides for the distribution of our product in the form of B2B. We also provide direct services to clients in the form of direct participation in their projects of SaaS.
Money will be spent on
Advertising companies, participation in international events with a target audience, holding exhibitions, setting up the production of universal modular structures for prototyping.
Offer for investor
We are interested in active investors who will be directly involved in scaling our product in areas close to their understanding and professional experience.
The main limiting factor is the oversaturation of the market with a large number of classical programmers who are graduates of a large number of educational institutions.
Also, many clients think in old stereotypes and tend to attract expensive developers with special education and programming experience. Today, we are roughly where the developers of the first personal computers once were. We have put a lot of effort into creating a community for our platform, which is leading to the democratization of development processes and the involvement of a wider range of professionals with no programming experience.
Incubation/Acceleration programs accomplishment
We were participants in the Galilee Accelerator 2021 and passed all the stages provided by the program.
Won the competition and other awards
Beeptec Engineering has been nominated in the ranking of leading Israeli startups as a developer of NO CODE tools in the field of automation and robotics.
Welp Magazine, an independent London-based IT publication.