Israeli Wibbitz wins at MWC
At the Mobile World Congress in Barcelona Spain, mobile startups compete in the annual apps competition. Last year Waze was all the rage. This year it’s Wibbitz
The GSMA announced today the winners of the Annual Global Mobile Awards. The competition held annually at the MWC included six categories which dispensed a total of 32 separate awards. Last year Israeli Waze won the judges choice award for best mobile app. This year Israel continues its tradition of a dominant showing at the MWC with Wibbitz taking the best product / service award.
Wibbitz is the developer of technology that allows users to make short videos using snippets from various sources of content to sum up a particular story or topic. For example, a website or an advertiser can take text reviewing a mobile device revealed at a press conference, or a summary of an important event that took place, and produce a video that combines photos, video and audio, all narrate by Text-To-Speech technology and compiled in real time.
Meeting the needs of consumers in real time
The algorithm developed by the company can analyze text selected by the user to find the important points and translate them into visual information without any manual input by the user. The process is immediate. The idea is to make it easy to catch up on topics or news that’s important to users without having to read long-winded articles to do so. It’s information digested for on-the-go.
“The goal of Wibbitz is to change the way we consume information on mobile devices. The app rearranges drawn out content into informative video summaries that can be conveniently viewed on a mobile screen,” Wibbitz said in the official announcement, “Converting text to video takes 10 seconds and is completely automated. The technology allows content to be much more accessible on devices where reading a long text is not an easy task; such as on mobile phones, smart TVs and wearable devices. “
The judges offered the reasoning behind their choice stating: “Great idea, well executed. Wibbitz technology can automatically turn long text based articles into short video summaries within a few seconds.”
Wibbitz was founded in 2011 by Zohar Dayan and Yotam Cohen. They have so far raised $2.3M from recognizable industry names such as Horizons Ventures – the investment arm of Li Ka – Shing, Initial Capital, Lool Ventures and Kima Ventures. The company launched its iPhone app, which led to the aforementioned award.
Update – More Israeli Winners in Barcelona:
Pointgrab won in the category “Most Innovative Application”. Pointgrab gesture recognition software develops Hand Gesture Recognition Software based on standard cameras found in common mobile devices. The company was awarded for the CamMe app that allows users to take Selfi’s remotely without touching the device.
Cell Buddy won first place in another Barcelona based competition for startups called the Four Years From Now Conference. This event was held parallel to the main conference. Cell Buddy is the only Israeli company among the 10 finalists selected from amongst hundreds of companies whom participated in the competition.