Paris and Los Angeles — Online problem-solving site hypios.com has been chosen to present at the Fifth International Investment Forum for the Plug and Play Acceleration and Collaboration Track (PACT). Scheduled to take place at PACT’s Sunnyvale campus on March 25th, the event brings together purveyors of emerging technologies, gathered from all over the world.

Around 35 international entrepreneurs, from countries like Israel, Spain, Italy and Canada, were hand-picked to share their business models and philosophy with Silicon Valley investors, government officials, corporate partners and established technology firms. For its part, hypios plans to discuss ways in which companies interested in expanding their research and development horizons can profit from incorporating its problem-solving system into their efforts.

“Putting a problem on hypios.com means availing yourself to the perspectives of experts in different cultures and industries,” points out president Anthony DeFilippo of hypios Inc. “35% of our network holds a PhD, and the average age is close to 40 — meaning you draw from the wisdom of highly-educated people with established careers.

“The only thing that would make this model stronger is if it were success-only — oh wait, it is,” he added.

“Seekers” — which is what hypios calls users that post R&D challenges on its network — determine both the deadline and price they believe the solution is worth. They are not required to pay unless they find a solution they actually want to use.

Problems on hypios include a data structure for handling static 3D scenes, and an HR task-scheduling platform that assigns duties based on difficulty and employee merit. They are worth $5000 and $3500, respectively, to the winning solution-provider.

“We are also uncovering great potential for hypios’ technology in breaking down corporate silos,” said CEO Oussama Ammar of hypios in Europe. “If you deploy hypios internally, you are sure to capture more of the knowledge hidden behind generic job-descriptions.”

hypios, which was founded in 2008, went into beta in summer of last year. The first series of problems it posted were its own, proof to the developers that the model had a viable future. Its first public Solver, PhD student Xavier Gréhant, was awarded a check of $3112.50. A video interview between hypios and Gréhant is available on YouTube.

hypios is optimistic that its platform will receive a warm reception in Silicon Valley. “Everyone has an R&D challenge that could benefit from a few thousand additional eyes, and we were no exception. Having tested the model ourselves, we trust our solvers,” DeFilippo stated.

The company is based in Paris and the Los Angeles area, with offices opening in New York.

Those that wish to attend PACT’s International Investment forum may register on the company website. The standard attendee fee is $299; students are welcome to present ID for a $50 ticket.

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Hypios combines intelligent crowdsourcing, competency discovery technology, and human outreach to deliver an optimal open problem-solving service. “Seekers” post R&D problems to the network and select a deadline and a price for the successful “Solver.” Hypios, which draws from a network of 950,000 experts across the world, has been solving R&D problems for global companies since 2008.

Press Contact

Hypios
Saman Musacchio
smusacchio(at)hypios(dot)com
Tel+33 1 77 13 67 79

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