David Schiller about Qeedio and their journey to Technological Incubation

*Hello David, thanks for joining us!

Hello, and thank you for having me!

*You are a Chief Sales Officer in a Qeedio, tell us more about your startup?

At Qeedio, we aim to automate unnecessary chores so that people can focus on imporant goals. Qeedio is a tool designed to help IT departments prevent and swiftly address data flow disruptions using AI. Our platform significantly reduces the notification noise that often burdens IT specialists, allowing them to focus on development rather than operational issues. This leads to a more efficient workflow and substantial cost savings for companies—up to 80% in unnecessary downtime expenses. We’re excited that Qeedio is transforming IT operations and driving innovation forward.

*Who are your customers and how do you approach them?

Our customers are primarily large and mid-sized companies, regardless of their industry. Qeedio is especially beneficial for businesses that need to work with real-time data. But any business with an IT department might want to have constant control over its systems. It really eases one’s mind when you can rely on your notification and threat detection system such as Qeedio.

Additionally, we are actively working to establish partnerships with companies that can offer Qeedio internationally. This approach helps us expand our reach and ensure that more businesses may benefit from our innovative solution.

*Who came up with the idea of Qeedio?

That is a great question. Sometimes, you can see that the product is developed with the sole determination to make it without even asking if it brings any value to anyone. But Qeedio’s origin, its initial idea, came straight from the needs of our own developers at our parent company, Softim. Customers frequently inquired about the status of data flows and the causes of disruptions. Our team thought it would be fantastic to have a tool that could not only monitor data flow statuses but that could also analyze them and alert users to potential risks. This initial concept was then refined and developed into a standalone product, Qeedio.

*You’ve spent nearly 10 years in Air Bank, does it help you while building a startup?

It provides invaluable insights. My experience gained while working at Air Bank, especially during its inception, now gives me leverage in Qeedio’s development. At Air Bank, we ingrained a culture of simplicity and customer-centricity into our DNA, prioritizing clear communication and efficient solutions. We constantly challenged the status quo, seeking innovative ways to address customer needs.

This experience directly informs our approach at Qeedio. Just as Air Bank revolutionized banking by simplifying processes for customers, Qeedio aims to streamline data process management for businesses. By harnessing modern technologies, Qeedio empowers users to save time and companies to save money. We’re dedicated to providing a single, comprehensive tool for managing data processes, allowing IT specialists to focus on what matters most without being overwhelmed by notifications and system complexities.

*Congratulations on being a part of Technological Incubation! Was it difficult to get accepted?

Being accepted into the Technological Incubation program was definitely a significant achievement for us. The application required us to demonstrate not only the viability of our idea but also our team’s ability to execute it successfully. We had to present a clear business plan, outline our market strategy, and showcase the potential impact of Qeedio.

While it was challenging, the process was also incredibly rewarding. It forced us to critically evaluate every aspect of our business and refine our vision for Qeedio. Ultimately, being accepted into the program validated our efforts and provided us with valuable resources and support to further develop and grow our business.

*What was the hardest part about it?

The most challenging aspect was the intense scrutiny and pressure during the application and selection process.  I mean, there were over 110 other businesses trying to achieve the same thing. We had to effectively communicate our vision for Qeedio, demonstrate its potential for success, and convince the selection committee of our team’s capabilities.

This required thorough preparation, clear articulation of our value proposition, and the ability to address potential concerns or objections raised during the evaluation.

*If there are any readers considering applying to the next run of Technological Incubation, what would your advice to them be?

My advice would be to approach the application process with thorough preparation, clear communication, and a deep understanding of your business model and target audience. It’s crucial to carefully consider how your startup will generate revenue, scale, and provide value to your customers.

It will be challenging, but it’s worth it. Even if you don’t succeed, it’s a great start in your search for investment. Go for it and turn your vision into reality.