Wattcost wins SingTel-Samsung Regional Mobile App Challenge

The tech finalists at the challange

Australian technology company Wattcost beat five other finalists, chosen from and over 500 submissions from around the region, to win the inaugural SingTel GroupSamsung Regional Mobile App Challenge. The  six finalists were selected from a pool of over 500 start-ups comprising over 1,000 participants from Australia, India, Indonesia, the Philippines, Singapore and Thailand.

The competition for startups was organised in Singapore by the Philippine-based firm Globe Telecom together with SingTel Group (in partnership with Samsung), including SingTel in Singapore, Optus in Australia and its other regional mobile associates- AIS in Thailand, Airtel in India and Africa, and Telkomsel in Indonesia.

The winner of the mobile app challange, Wattcost, has technology that turns a home into a “smart home” of the future with an affordable wireless beacon and a free mobile app. Simply attached to the home’s electricity metre, the beacon analyses energy use with advanced machine-learning algorithms and sends real-time alerts to help customers optimise their energy consumption and save electricity costs.

As a winner, Wattcost will gain access to over 500 million customers across Asia and Africa and will get prime placement on Samsung content and services platforms.

Mark Chong, SingTel, CEO (International) SingTel Group said that the challenge was part of the group’s efforts to foster innovation within the regional start-up ecosystem, as mobile devices are becoming more pervasive in the Asian markets. The challenge is part of a larger group-level collaboration between the companies to increase smartphone penetration and the proliferation of mobile apps in the markets where members of the SingTel Group operate, he added.

Dr Won-Pyo Hong, president and head of Samsung Media Solution Center, said: “Through the Mobile App Challenge, we hope to identify and support talented app developers to roll out innovative content and services across various mobile platforms.”

Judges included industry leaders such as Steve Leonard, executive deputy chairman of Infocomm Development Authority of Singapore (IDA) and Amit Anand, MD, Jungle Ventures, as well as representatives from the SingTel Group and Samsung.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.