STUD-ENT Prize for PolarEdge
Dapeng Lan was himself part of the team in Insj before applying for the Research Council's STUD-ENT scheme with help from the organization. It turned out not to be stupid, when he and his team in PolarEdge won a million kroner from the STUD-ENT scheme.
Dapeng Lan (CEO) and Xiaojie Zhu (CTO) got the idea for PolarEdge in 2019, when they took the same doctorate at the Department of Informatics at the University of Oslo. The start-up aims for future advances in digital platforms, where there is a constant need for the development of better technologies. More specifically, where there is a need for connection and transfer of data between devices.
- The future sustainable and digital society provides new services in smart cities, smart agriculture, smart energy and large amounts of connected devices, which require large amounts of data transfer and little waiting time. To tackle the challenges, edge computing becomes a promising answer.
Dapeng Lan - CEO of PolarEdge
The world is constantly in need of new technologies
Lan explains that PolarEdge is an open IoT-owned platform. In short, it means that it is a platform that stores and processes information from devices that use the internet. Like a PC or a machine in a factory. Edge computing is more independent than, for example, cloud storage, which many are familiar with today.
- Edge computing is a natural development of cloud storage. It has faster decision making, and low bandwidth and maintenance offline.
The 5G network is rapidly being pushed forward worldwide. 80% of data transfer will take place in edge computing in the future.
Edge computing still faces challenges
Edge computing is still not fully developed and thus has several challenges. First, privacy protection has been an issue in the industry. In addition, low automation and high costs make it difficult for small and medium-sized businesses to use edge computing platforms.
- PolarEdge's platform will function as a hardware- and cloud-independent platform-as-a-service (PaaS) "in edge-cloud computing stack" with a user-friendly panel, which greatly simplifies edge execution and design procedure such as accelerating digital transformation for industrial customers, says Lan.
What is Oslo's environment like for student entrepreneurs?
Lan was himself a business coach in the student organization Insj before using the organization's services to help his own start-up. He then applied for the STUD-ENT scheme Insj .
- I attended both Insj's introductory meeting, which was very useful, and I found a lot of information on the EnableMagic platform. I would love to hire people through Insj , and use the services to find potential partners and investors.
When asked how Lan experiences the entrepreneurial environment in Oslo, he answers that he has not experienced the environment as very large. However, he encourages students who are interested in entrepreneurship to pursue their interests, and that he is happy to share his own experience to encourage entrepreneurship students.
- I learned entrepreneurship and skills through my master's project called EIT Digital.
The future of PolarEdge
The way forward for PolarEdge will involve keeping in close contact with the most important partners, including customers, research communities and investors. This with great help from the STUD-ENT fund. Lan concludes by saying that they are also looking for people for new positions in the company.
- We employ front-end, back-end, UI / UX, and IoT developer interns. Feel free to contact me at email@example.com by interest!