BIS Postgraduates show their entrepreneurial flair

BIS Postgraduates show their Entrepreneurial Flair.

The Masters students from the MBS (BIS), a one-year taught masters in Information Systems Professional Practice, have had a busy finale to their studies, with two teams from the class represented UCC in the Enterprise Ireland Student Awards, which was held this year at the Royal College of Physicians, Dublin.

All-Island Student Awards

The 2007 Student Awards, sponsored jointly by Enterprise Ireland, Ulster Bank and Invest Northern Ireland and now in its 24th year, is designed to encourage innovation, promote enterprise and foster a spirit of entrepreneurship among third level students. This is the first time that BIS has two teams, MuseTech and J-Pulse, in the Student Enterprise Awards final.  Muse-Tech won the Best Postgraduate Award and J-Pulse were Postgraduate runners-up.

MuseTech Solutions aim to provide high quality wireless temperature measurement devices and software to companies in the pharmaceutical sector.  The MuseTech team members are Pat O’Leary, Ciara McSweeney, Sun He, Barry Long, Tricia Doyle and Yvonne Aherne, and they were mentored by Sean Murphy (Core Systems).

The MuseTech Solutions product, TSense™, is a temperature sensor specifically developed for the ‘products in transit’ area of this market.  TSense™ provides efficient Bluetooth capabilities combined with a simple and intuitive user interface which enables production staff to make immediate accept or reject decisions and gain greater visibility into every critical step of the production process, while also meeting Food Drug Authority (FDA) and Irish Medicine Board (IMB) requirements.

J-Pulse Technologies are currently developing cutting edge, innovative new technology for the XBRL market. XBRL is set to become the future for dealing with financial documents and it will revolutionise business reporting. J-Pulse’s initial product, ‘xRender’, is a unique system that not only solves the current problem of rendering XBRL documents but also provides an environment for users to learn this technique for themselves. J-Pulse Team members are Elaine Murray, Paul Dyar, Jeff Condon, Ultan McCrossan, Louise Hickey and Sinead Kenneally, and they were mentored by Mary Byrne (StatSol).

BIS Innovative Software Showcase.

Postgraduate students from the MBS in Business Information Systems have spent the last year developing innovative software products and services. The student companies began with an idea, market tested, developed a business plan, finishing with an investment pitch. This year the keynote was presented by Minister for Enterprise , Trade and Employment Michéal Martin, who emphasised that ‘fostering entrepreneurial flair and an Innovation culture among young graduates is vital for the success of the indigenous technology sector.’

A panel of judges evaluated the student groups and award the BIS Innovation Prize, which is kindly sponsored by Allied Irish Bank (College Road Branch).  This year the external assessors were Emer Cassidy (AIB), Gary O’Sullivan (Solutions Enable), Brendan Vaughan (Kernal Capital), Miriam Collins (TTI, UCC) and Garrett Dee (Enterprise Ireland). The sponsorship support of the Technology Transfer Initiative, University College Cork is also acknowledged. 

The external panel of judges selected Intra RFID as the company that they would recommend ‘starting-up tomorrow.’ The winning team Intra RFID is an RFID company which specializes in RFID solutions for businesses. Intradoc is the company’s first product offering, which is a document tracking and control package that allows the inventory, tracking and location of physical documents within the business through the use of RFID technology. The system’s beneficial features include the recording and tracking of documents in real time, the ability to dispose of documents in a timely and accurate manner and the prompt retrieval of documents.  Intradoc’s RFID technology and infrastructure will allow the implementation of future Intra RFID products and solutions to enable business success. The team members are Michael Cody, Gavin Payne, Jody Buckley, John Cotter, Kevin O’Sullivan and Yuanyuan Zhang, they were mentored by Sean O’Sullivan (Seabrook).

Enterprise Board Bursary

The Cork City Enterprise Board presented a bursary of €12,000 to the winners the BIS Innovation Award 2007.  The bursary, including mentor support, will allow a group of two master students to continue to develop and realise the innovative software business they proposed for the competition, with a view to forming a company.

Speaking at the presentation today, Dave Cody, CEO of Cork City Enterprise Board said ‘We are delighted with the enthusiasm and interest we received this year from UCC’s BIS Master students.  Out of the eight fantastic business proposals we received, we chose to support Intra-RFID for their entrepreneurial and innovative thinking, their real world business development tactics, teamwork skills, cost effectiveness and marketing strategies.’

Gavin Payne and Michael Cody presented a proposal to the Board to develop a company that will specialise in radio-frequency identification (RFID) solutions for businesses with large volumes of physical documents that need to be located individually at any given time.   They hope their company, which will be called Intra-RFID, will be up and running by the autumn, and they will be mentored by Sean O'Sullivan (Seabrook).

Cork University Business School

West Wing Basement, Main Quadrangle, University College Cork, Cork.