fonds industrie

Eclore and ThermiUp, new beneficiaries of the IMT “Industry & Energy 4.0” honor loans

After the IMT Digital Fund, Institut Mines-Télécom (IMT) and the Fondation Mines-Télécom launched a second fund last October, dedicated to the sciences of energy, materials and processes: “Industry & Energy 4.0”. Its committee, made up of experts from the major partners of the Fondation Mines-Télécom (Orange, BNP Paribas, Accenture, Airbus, Dassault Systèmes and Sopra Steria) met on March 18. Eclore and ThermiUp were granted honor loans for a total amount of €80,000. They are both incubated at IMT Atlantique.

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Eclore Actuators offers a bio-inspired pneumatic and hydraulic actuator solution which is highly energy efficient, 100% recyclable, and based on unique and patented industrial bending processes. Eclore actuators are less expensive, lighter, less bulky and require less maintenance than traditional actuators. There are many sectors of application, such as industrial automation, robotics, IOT and home appliances. Find out more

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ThermiUp has developed a heat exchanger that recovers heat from the gray water of buildings to preheat domestic water. It allows builders to save up to 1/3 of the energy needed to produce domestic hot water, which represents half of the energy needs in new housing. This renewable energy device reduces greenhouse gas emissions by 1/3. Find out more

Start-up, prêts d'honneur

Pam Tim, Examin, Cylensee and Possible supported through honor loan program

The members of the IMT Digital Fund, IGEU, IMT and Fondation Mines-Télécom met on 6 April. On this occasion, four start-ups developed through incubators at IMT Atlantique, Télécom Paris, Télécom SudParis and Institut Mines-Télécom Business School obtained 8 honor loans for a total of €160,000.

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Cylensee (IMT Atlantique incubator) develops and produces connected electrochromic contact lenses for  the general public. These contact lenses have a feature that allows users to change the color of their iris almost instantly at their convenience. Activated by a remote control or via a smartphone, these lenses allow users to change their eye color with just one click, whether to stand out from the crowd, try out a new look, make an impression or just for fun.
• Two €20,000 honor loans • 

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The Examin platform (Télécom Paris Novation Center) is a regulatory and technical compliance management solution for companies with a focus on cybersecurity and data protection. Using a collaborative and scalable workspace, customers benefit from continuous reporting on their compliance or that of their suppliers and can easily involve employees in their actions to reduce compliance risks.
• Two €20,000 honor loans • 
Learn more

Pam Tim (Télécom Paris Novation Center) specializes in the well-being of children aged 3-6 by providing them with an opportunity to intuitively learn the spatial and temporal reference points that structure the day using a watch without numbers or hands! This life assistant for children relies on a patented display of combinations of pictograms (PhD thesis) depicting key moments throughout the day. This connected watch also gives parents peace of mind as it allows them to anticipate household or peripheral risks their children may encounter at any moment through a very low-power Bluetooth© geofencing solution.
• Two €20,000 honor loans • 
Learn more

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Possible (IMT Starter, the Télécom SudParis et IMT-BS incubator) is a project that encourages circular, environmentally-friendly, zero-waste, ethical fashion. Possible is a BtoC platform for renting clothes and accessories based on a monthly subscription. The subscription allows users to rent a selection of several pieces by brands that promote ethical and responsible practices, for a set cost. This project responds to the issue: How can individuals enjoy an unlimited wardrobe on a limited budget and in an environmentally-friendly way?
• Two €20,000 honor loans • 
Learn more

fonds industrie

Capsit and Plas’tri, the first start-ups to receive “Industry & Energy 4.0” honor loans

After the “Digital” fund, Institut Mines-Télécom (IMT) and the Fondation Mines-Télécom launched a second fund last October called “Industry & Energy 4.0” and dedicated to the sciences of energy, materials and processes. The Capsit and Plas’tri start-ups incubated at IMT Atlantique and Mines Saint-Étienne respectively are the first to benefit from the honor loans of this new fund. 

 

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Capsit is the first compact and connected machine that allows you to go from coffee bean to capsule in a fully automated way, with a wide range of coffee available to be packed into climate neutral capsules. Capsit will receive a €60,000 honor loan. Find out more

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Plas’tri improves the efficiency of the waste treatment chain by using optics and data processing to improve sorting and create or standardize exchanges between the actors of the recycling chain. Plas’tri helps prevent the loss of material during the recycling process by proposing a device that can identify plastics and creating a platform to mutualize the transport of recyclable plastic deposits to the relevant recycler. Waste from sorting is thus limited and each item is identified and sent to the right outlet. Plas’tri was one of the 10 finalist start-ups of the Bercy IMT Innovation 2020 Prize. It will receive two honor loans for a total sum of €50,000. Find out more

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Video conferences and socializing: bringing some joy back to our daily lives

Stéphane Safin, Télécom Paris – Institut Mines-Télécom

The lockdown has upended the ways we communicate and maintain social connections. It has forced us to rethink our social habits and to create new ones. The use of video conference systems has become widespread. But is this technology designed to facilitate work as effective when it comes to socializing on a personal level? How can we reinvent our forms of interaction so that they may continue to be meaningful and fulfilling?

Socializing online

Remote communication is largely supported by information and communication technologies, for both professional and personal purposes. Technological solutions have proliferated, giving rise to new ways of communicating, and even to new forms of language. For example, the limitations of text messaging have made it necessary to develop shortened forms of writing, which has led not only to the development of a specific abbreviated form of spelling, but also to new digital social media platforms that have enshrined this practice, such as Twitter. Another example is the lack of metacommunication in writing – meaning communication about communication itself, which conveys nuance and helps us understand one another – which has led to increasingly sophisticated systems, such as emoticons and animated GIFs.

As remote communication tools are largely available and increasingly affordable, they provide an opportunity to maintain social ties, and even strengthen them, at a time when we are all forced to be physically isolated from each other.

There are two main forms of remote communication: asynchronous communication – with tools based on written and visual components such as email, sharing documents and digital social media – and synchronous communication, including for example tools such as telephones, video conferencing and the specific case of instant messaging, which offers a hybrid category between synchronous and asynchronous communication.

Do video conferences allow for informal socializing?

Video conferencing tools were developed to hold work meetings. In certain cases, they even help improve the quality of collaboration, in comparison to situations of co-presence (physical presence in the same place) since they force interactions to be structured. Being in front of a screen for a set period of time can boost concentration and efficiency, and employees are pushed to “get to the point” by dispensing with the informal aspects. Too bad if some socializing time is lost before and after the meeting, or over coffee to finish the discussion. Yet, when it comes to “everyday” socializing, it is the informal aspects that matter the most. Taking a coffee break together is much more important than the task being carried out.

But compared to situations of co-presence, these tools have a number of limitations, the main two being the lack of a shared context (who knows what’s happening outside the frame of the other person’s webcam?) and the fact that considerable resources must be allocated to manage interactions (dividing up speaking time, managing the tools and their technical constraints). In general, they only work well for groups that have already been formed, who have a shared a frame of reference: shared goals, a relatively unequivocal vocabulary etc.

But most importantly, although even meetings for professional situations – which are usually highly standardized in terms of power relations and how speaking time is structured – must still be “run well” in order to be effective, what about our informal meetings, which are considerably more chaotic (which is also part of their charm) ?

Everyday socializing takes creativity

In short, video conferencing allow us to carry out tasks in structured groups, but requires clear, formal management of the context and interactions. But it is far from ideal for everyday socializing, which relies on the group’s immersion in a shared environment, the flow of conversation (especially necessary for humor), and on enjoying being together without carrying out a task, but simply to be together.  

In an effort to overcome the inherent shortcomings of the technology, and because we don’t really have other options, forms of resilience have been developed in order to (re)invent original formats for social interaction. These strategies fall into three broad strategies, which we will illustrate below with examples from the lockdown period found here and here.

Strategy one: creating a shared context

Time actually spent together is combined with a supposedly spared space. Virtual cocktail parties are a perfect example: settling into a comfortable chair, toasting to one another through the webcam and sharing hors d’œuvres are all ways to recreate habits to immerse ourselves in a sort of shared frame of reference – everyone knows what to do at a cocktail party. Another example: some remote meeting systems make it possible to cut out the user’s face and set it against a background. Originally designed to protect privacy, this feature also provides an opportunity to recreate a shared context. Using the same background can help make everyone feel like they are in “the same place.”

Strategy two: recreating tasks

Video conferencing is especially suited to carrying out tasks, so why not set a goal for the time spent socializing, when there wasn’t necessarily one before? Virtual babysitting, for example. For those with children, a bit of help is always appreciated and enlisting grandparents or other adults to read a story or help with homework is beneficial all around: it gives parents a break and helps maintain the connection between children and grandparents. The connection is now established through the task, which provides a purpose and goal for this connection. 

Other examples include playing board games virtually or cooking together, activities which are also ways to recreate a task, set a goal and take advantage of what these tools are made for. Exercising in lockdown, and therefore with limited resources, helps people get up and moving, but more importantly, it gives them a reason to get together.

Strategy three: changing the very format of communication

This involves combining video conferencing with other media (images, videos, music) to enhance the message and focus on content. It may also involve transforming communication, both in its form and content, to overcome the shortcomings of the technology: while we may no longer be able to make long-winded statements because of network quality, we can interact through short sentences and snappy humor, and as such, make room for light-hearted moments, where we don’t dwell on the virus or our feelings about the current situation. Another example is using features many tools offer to “disguise” ourselves virtually, fostering forms of metacommunication that are especially useful when we share a limited context and our non-verbal behavior is barely visible.   

Lessons to learn

Of course, we are not all equal when it comes to our lockdown experience, especially when it comes to access to digital tools. And these tools do not always ensure privacy, far from it in fact. But in these times, they are an invaluable resource for maintaining our social life, as long as we are able to invent ways to use them.  

And maybe on the other side of this crisis, we will have learned to appreciate the importance of informal socializing and therefore value relationships in our professional interactions, challenging the dominant paradigm of hyper-performance.

Stéphane Safin, Ergonomics research professor, Télécom Paris – Institut Mines-Télécom

This article has been republished from The Conversation under a Creative Commons license. Read the original article (in French).

Nabyla Daidj, Télécom École de Management

“Strategy, Structure and Corporate Governance”, by Nabyla Daidj

Nabyla Daidj, associate professor at the Télécom École de Management, authors a book entitled Strategy, Structure and Corporate Governance.

 

Since the beginning of the 2000s, important changes in external environments have affected the corporate governance practices of firms all around the world. The corporate governance structure in each country develops in response to country-specific factors and conditions. Firms are currently engaged in a variety of dynamic business relationships such as business networks, strategic alliances, and conglomerates especially in high technology sectors.

Strategy, Structure and Corporate Governance by Nabyla Daidj, proposes to analyze the main trends and drivers of change in corporate governance of several kinds of organizations:

  • Large conglomerates. The development of large and complex conglomerate organizations have played an important role in the economy in Japan but also in other countries such as Korea with chaebols, which can be defined as closely intertwined industrial groupings,
  • Inter-firms networks (districts, clusters etc.),
  • “Recent” forms of inter-firms networks (business ecosystems).

The author examines several case studies and shows how shifts in markets and global competition are reconfiguring transactions within these organizations and are impacting corporate governance systems.

 

Nabyla DaidjAbout the author
Nabyla Daidj
is Associate Professor of Strategic Management at the Télécom École de Management in France. She received her doctorate in Economics from the Pantheon-Sorbonne University in Paris in 1994, with a thesis on strategic alliances in high-tech industries.

 

Nabyla Daidj, Strategy, Structure and Corporate GovernanceStrategy, Structure and Corporate Governance
Expressing inter-firm networks and group-affiliated companies
Nabyla Daidj
Routledge, 2016
226 pages
112,53 € (hardcover)

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