Altiste pitch slide deck

1. Altiste Ltd Reduce absences from work in less than 30 minutes

3. Employers are required by law to evaluate, assess and minimize risks related to the factors

4. *https://www.etera.fi/SiteCollectionDocuments/Julkaisut/Tutkimusjulkaisut/Etera_3T_2009_teksti_3-138_lores.pdf

7. Risk assessment should be conducted at regular intervals

8. Current solution is to use consultancy services which are expensive (1500 to 5000 euros) and require additional resources from the employers

10. The full service provides a risk assessment for each factor and an action plan for reducing the risks and absences from work

11. Additional services provide consultancy and data storage for employers

13. Web service then determines which factors are risks in the environment

14. The user answers 10 to 15 questions for each factor

15. Web service uses the answers and data from the database to assess risks and produces a visual report

16. The employer can use the report to reduce the factors

17. Innovation The service combines the vast information on the literature and the knowledge of the experts to a simple and visual user interface that anyone can use.

19. The full risk assessment takes less than 30 minutes

20. The results can be used to reduce work absences

21. Employers comply with the law

22. Minimizing factors reduces also wear and tear of the tools

23. Employers do not need to use expensive consultancy services

24. Employers focus the actions to most important risks

25. Proper risk assessment improves company image

27. Legislation is getting stricter

28. Demand for self-service tools is increasing, because of need to reduce healthcare costs

29. Proactive healthcare is increasing

30. eHealth services are one of the six key market areas in EU strategy - experts have predicted an explosive growth on eHealth services in next few years*

31. *http://www.euractiv.com/en/health/ehealth/article-117474

33. In total over 19 million companies have to comply to these laws, from which 99.6 % of these are small and medium enterprises (SMEs)

34. 51 % of the companies are in an industry area where at least one factor is considered a high risk

35. In northern Finland less than 1 % of the companies have conducted the required risk assessment for all factors

36. In UK alone over 60 billion Euros were lost because work absences related to the factors*

37. *Health and safety statistics 2008/2009, HSE, UK

39. Competition Cost of service/product General Detailed Relevance of the information to customer Expensive Free

41. The service is completely scalable as no experts are involded in the risk assessment process

42. The service provides practical suggestions as it uses references from similar work environments

43. The algorithms can be protected and require long experience to develop

44. The team includes seasonal experts, which have long practical experience in consultancy, research and standardization in work health areas

46. First full version of Altiste web service includes risk assessment for the following factors: vibration, noise, dust, radiation, climate (temperature and humidity) and chemicals

47. Next version includes also ergonomical issues and database storage for employers to save their assessment data

49. To license the web service method to large organizations

50. To sell an advertisement space to local consultants

52. Additional consultancy for supervising the actions

55. Small companies have little or no resources to evaluate risks by themselves

61. British Gas Services had return of investment over 31 times by focusing on back pain cases*

63. *Health people=Healthy Profits, Business action on health

65. All enterprises in European Union have to be a customer of a healthcare service provider

66. The service is also advertised to national health and safety ministries and authorities for having references

67. First focus is on the countries, which are active in work health issues: Finland, Sweden, UK, Germany and France

68. Business environment

71. Over 10 000 new companies are founded each year

72. Through the biggest healthcare companies over 50 % of these companies are reached and 99 % have not conducted the required risk assessment

73. In UK the same numbers are 8 times bigger

74. Turnover potential (k€)

77. Finnish border control

78. Finavia

79. Several private companies, like mining plants and machine manufacturers

81. Vibsolas Ltd founded in 2006 from VTT

82. Consultancy services for vibration exposure measurements and risk assessment

83. Developed the first measurement device for long term vibration exposure monitoring – currently over 50 devices are used around the world

84. Developed Altiste.fi web service demo for vibration exposure with Finnish State Treasurery

85. In 2010 Vibsolas Ltd founded Altiste Ltd to focus on Altiste web service

87. Altiste Ltd seeks funding to finish the Altiste web service and sell it to customers

90. Dr Jukka Starck, Finnish Work Health Institute, FI

91. Dr Neil Mansfield, Loughborough University, UK

92. Dr Carel Ostendorf, Sound and vibration, Holland

94. Names to be verified in a separate document

96. The funding is also used to market and sell the service in Finland to start earning profits Idea Alpha Working beta Full service Full market potential Expansion to whole EU area First customers Expansion to selected countries Several customers In Finland Current status Seed funding Profit funding

98. The algorithms and questions are finalized for noise, radiation, dust, climate and chemicals

99. A reference data is gathered to database for all the factors from internet, free databases and own measurements

100. A sales manager is hired aiming to sell the service to 100 to 150 pilot customers in Finland in 2010

101. A marketting model is negotiated with selected major healthcare organizations in Finland

103. Altiste web service is a missing link between employers and healthcare service providers