Dear ladies and gentlemen,
The fact that a young Estonian company is opening an office in Texas is a good example of flexibility and dynamism of Estonian start-up scene.
Estonia is the most advanced digital democracy in the world. We have reached an unprecedented level of transparency in governance and built broad trust in governmental institutions and digital society. Our simple tax-system, which is acknowledged as the best in the world, e-services and flexible business environment have created a perfect ecosystem for digital companies and startups.
The e-success has boosted our economy, but it has also had a broader impact on the society. Besides putting everything online and Estonia on the global map, the expansion of tech sector has transformed Tallinn and many other Estonian cities during the previous ten years. We have a lot to offer to the world.
EyeVi makes an example of how technology can help to solve common problems of everyday life and bring efficiency and higher productivity to the traditional business models.
EyeVi has specialized in a unique area: you analyse roads with artificial intelligence with very high precision and can predict the areas, which need the most urgent maintenance. By doing so the maintenance companies can minimize the costs of road maintenance and lower the need for resources. This is a good example of the ways technology could lower our ecological footprint and how it can leads us towards a more sustainable future.
Although EyeVi is still a young company, which was founded just two years ago, they have managed to develop their technology fast, work together with different universities and gain public attention due to their technological advances and great entrepreneurship.
I had a pleasure to meet Gaspar Anton, the CEO of EyeVi, in spring, when I was meeting the brightest young managers and entrepreneurs of Estonia. I could not dream that I would join the opening of their office in the US just a few months later.
I am sure that we all will hear about the great advances of EyeVi in the near future.
I wish your team in EyeVi Technologies to succeed building a more reliable and efficient road maintenance globally.
