Hello, everybody, and welcome to another episode of Wizards talks. I am Michelle and I am leading today's podcast today. We're here to talk about the environment. And so I have with me Mr Ted Chen, founder and CEO of ever Calm Mr Just Be Shaunti founder and CEO of Nova Meat, and Emily Basilio, head of operations for grid care. Welcome, everybody.
Thank you. Hello.
The first question I have and we'll start over here with Mr Shaun T. Is tell us about your work and how this contributes to the environment.
Yes. Oh, my work started as a project on tissue engineering trying to build something which was actually a replacement for human tissues. But then this became a project on environment because I was building in an artificial ear in my lab by your brain thing technologies. So using some Internet of things where the three D bring in there was using was complicated, connected with the Internet. And I used these models and they had to build something that was beginning in artificial ear. And then the project became They brought a type of what would be the 1st 3 D printed plant based beef stick
and Mr Touch in
for us. We started also from research and hackathon. We developed a early I'll system to collect informations, and after we have done the prototype, we go to some factories and asked the operators whether they can let us create a collect some data to analyze into understand where they can better utilize their energy. And that's how we started the
project. Very cool. Thank you. And Miss Vassiliou. So, from our previous experience working with utilities, we realize that utilities are all different shapes and sizes based very similar problems. Um, you know which transformers going to fail next week? Which one might explode? How do we incorporate duty? Ours. How do we become more sustainable? How do we reduce our carbon emissions? And we realize that regardless of how complex their infrastructure was or help build out, it was they still didn't know what to do with the data they had. So that's how we came about. Awesome. Thank you so much. Everybody. And now I wanted to ask about some challenges with your work. Can you tell us about some challenges we've encountered surrounding the environment and how you leverage niceties to find any solutions.
So in the food tech, which is my space, you need to come with art, where technology sometimes and then create some even new software to build the system that makes these new products. There's new ecologies going to really to the market, right? S o. The difficulties are technical and then talking with the corporate's. So the food corporate's in my case, where you want to apply your technology and start some pilot plans, right? Some pilot studies. But then, in our case, because we work in environment, we have an extra drive. So even though there are challenges, we have thesis kind off force that drive us normally. And we have this passion. So we're happy to try to solve these challenges.
And I wanted to ask you a quick, um, is there any difficulty in getting through like regulatory processes are getting approval? Has that been a challenge for you?
Yes. So it's very interesting to talk about regulations. I would talk about my case, which is the food tech space. In my case, For example, there is a plan based meat alternatives all right and sell based meat authority. So depending on your technology, your brother can, um, come can go to market in some cases just after one or two years if you follow the same regulations and you use the same ingredients that the normal infrastructure uses and if you use the same infrastructure. But if you try to use technology, which is a little bit more different because in my case, for example, security is very important, you need to pass through several tests regulations, depending on the countries where you live in, right. So if you're in Europe, if you are in the US, we have these agencies that control us.
It was very by Rachel. I'm assuming.
Yes, it varies a lot on the product and on the country's you're living in
All right. Very cool. Thank you. And Mr 10 can you tell us also about some challenges? Eve encounter Shouldn't surrounding your topic.
Sure, we are. So for us again, we focus on helping energy intensive factories to reduce their energy consumptions. And the earliest challenge that we face is less about technology. It's more on the people side because a za new startup you're going into or and gas industry, you're telling these experts where they've been working on the issues for decades. How you how they're not being effective, how they're not being efficient. This can really create a lot of frictions. You know, it's not in their incentive to work with you in a way, you know, they might perceive you as making them look bad, or they might not even think you have to Don't mean to analyze. So overcoming that that that that human problems that domain problem is is a real challenge for us in the beginning. And how we manage to overcome that is to really work with universities, researchers as well as government to really help bridge the gap where university can come in bridging in terms of domain and government can help in in terms of regulations and also free grant support.
Very interesting. Thank you so much. And, Miss Vasilios, can you tell us about some challenges? Sure. So, uh, Duke University to the study several years ago, and they had a bunch of their data and they tasked vendors with Hey, we have all the status. Give us some insights. What? They realize that none of the vendors had the three core things that you needed you needed to have a big data back and infrastructure to build. To support the analysis, you need to have the analytical expertise to be able to actually build machine learning algorithms. You also had to have utility systemic experience and our company. We have all three, but we've actually run into the opposite. Problem is, a lot of companies don't necessarily have all the data that they need to be able to make these data driven decisions. That being said, we've noticed that, you know, a lot of companies will have similar data sets. And so if there is some sort of way that people would be or companies could be maybe less decorative or more open about sharing aspects of their data, obviously nothing personal. But if there is a way that we could incentivize or applaud, you know, collaboration or cross company, you know, data sharing and maybe again, a very secure way, I think that would be super helpful. Could you tell us more about the risks with this potential data sharing? Well, I mean, because that is so powerful. There's so much potential with what you can do with it, you can be using data you can determine which transformer might explode. You can turn people's markers on and off like there was the whole thing in Ukraine that happened a few years ago. Like access to data and access to those controls is obviously a very scary thing. Um, so you need to make sure that when everything is secure and you're not actually sharing information that could be detrimental to your great if it gets out, Um, and then the second thing is obviously personally identify personally identifiable information. Um, you know, the U has very stringent standards about what that entails. And again, like, we don't want Thio, um, sharing information about people that might be detrimental to them. But at the same time, like we need to find a way that we can share information, Um, you know, helpfully so that we can all build towards a better, more sustainable future together. Thank you so much. And the final question is, how do you see the wishes process? And I see t's in general shaping the environment in the future. Mr. Santi,
my case is very important to when you apply food tech, and there is data in there. Right? So we need to join this kindof standards and this kind of regulations. So we need toe join forces with the organizations like the IittIe you. And also it's important to give our project and a good visibility, right. So we make sure that we have connections with the potential consumers and try toe build things that we believe are good for environment but are also sustainable on the business side. So that we believe really want we really get tow the market. And also, I believe that using participating toe, for example, lie to you conferences and trying to show what your project is about. You can try to make people participate in your project, get interested and we really start discussing today this scene our panel This is very important, especially in environmental. Aside off the projects where you want to have the consumers aware off what you're doing and why you're doing that.
Thank you so much. And Mr Chen, how do you see that was his process. And I see this in general shaping this field.
I think the processes and the framework that the standard define here is very, very important because we're in the age of informations and knowledge. And by making these information available by making these information accessible, you're actually providing a equal playing field, not just for the multinationals but also for the starters for the university's for the research and accept your exception. So I think of forms like this. Wises, etcetera really help getting everyone an opportunity to take on the SD G's together.
I fully agree and miss Miss Lily, what about you? So I think it's incredible to be here. I think the level of innovation and being able to learn about what everyone else is doing is just It's second to none. I think thes types of forms are great because they start the conversations and hopefully they'll hold us accountable. Right, because if you're doing them every year, you can track your progress against what you said that you're going to d'oh! You can hopefully be able to quantify the benefit of having these is yes,
in our case, in the case off environment, we were discussing today that we can be optimistic. Some of us are optimistic because we feel that hopefully we can be the first generation off humans that can be remembered toe invert climate change. So he sees an opportunity. And some of us are very optimistic that this is my case. Andi. Hopefully I will be happy to toe tell this to my grandchildren if we are able to contribute each one of us to solve the problem.
Thank you so much for all of you for joining me on today's podcast and a huge thank you to our listeners. Make sure you check out the rest of the wishes. Talks podcast. Thank you so much.