In the news

November 24, 2017
Hivery is all about data. The company lives by the motto ‘Data has a better idea’. The Coca-Cola backed company uses artificial intelligence and data to optimise the product offering in a specific vending machine, store or pop-up. It’s all about the products that will sell in that location, even if they’re all different.
August 18, 2017
Last month we took a deep dive into the 40 Melbourne Startups to Watch 2017. This month we’re turning the spotlight onto Sydney; our Aussie city most accustomed to soaking up the accolades and with good reason. For each startup, we looked at launch, funding, size, product and of course the founders and decided to chuck in another 10, just for good measure.
February 12, 2016
The pair used prescriptive analytics, which combines machine learning and artificial intelligence with historical data, to help the soft drink giant stock its machines more efficiently. Before, Coke used “a lot of gut feel, manual intervention, many hours of experimentation. We do it at a single press of a button.” After a Data61 pilot study for Coke turned out to be a success…
December 15, 2015
A data-driven startup backed by Coca-Cola has become the latest startup to spin-out from Data61, providing a blueprint for how entrepreneurs can leverage public sector research, HIVERY co-founder Jason Hosking says.Using a combination of machine learning and artificial intelligence, HIVERY uses prescriptive analytics to boost retail profits.
December 8, 2015
The one risk of not finding solutions to business problems in-house is that “eventually you might find you have to pay more for the answer in the long run, much like when Avis bought (ride-sharing company) Zipcar for $500 million once it noticed that some people just wanted to rent cars by the hour.”That’s a risk Butler is willing to take. He says that once identified, Coca-Cola Founders typically are given $250,000 to $500,000 to launch their projects…
October 8, 2015
Last week’s fanfare over the arrival of the Keurig Kold soda-dispensing machine glossed over a far more interesting story that’s been bubbling for some time: Coca-Cola Company is investing in businesses like Keurig Green Mountain to bring radical innovations to Coke’s distribution and marketing processes.
May 26, 2015
The one risk of not finding solutions to business problems in-house is that “eventually you might find you have to pay more for the answer in the long run, much like when Avis bought (ride-sharing company) Zipcar for $500 million once it noticed that some people just wanted to rent cars by the hour.”That’s a risk Butler is willing to take. He says that once identified, Coca-Cola Founders typically are given $250,000 to $500,000 to launch their projects…