Innovate Utah NEW IDEAS, PRODUCTS AND SERVICES FROM UTAH COMPANIES

Salt Lake City based Elios, a power and tracking technology company, has introduced the Crossover Lock, a cable lock that sends users real-time alerts from anywhere in the world if the lock ever cut, bumped, unlocked or is moving.

Design for myriad applications, such as bicycles, luggage and other utility padlock uses, the compact Crossover Lock uses a smartphone app to alert owners of a break-in or theft. The remote feature also allows the user to open the lock for shared access from any location with smartphone service.

“Traditional locks don’t alert users if it’s{mprestriction ids="1,3"} ever tampered with or cut,” said Josh Cross, CEO of Elios. “The Crossover Lock sends alert notifications in real-time making this the most advanced lock in the world.”

The Crossover Lock is equipped with a small touchscreen display. The digital screen allows users to unlock the device and/or view alerts when the device has been triggered. If the device is ever moved, jostled or the braided steel cable is cut, an alert notification is sent directly to a user’s phone in real-time. A three-axis accelerometer activates the movement alert if the lock is ever bumped or jostled. Bluetooth connectivity ensures the lock can be used and accessed if cellular connection is unavailable. Users are notified when the battery, which lasts up to one year, needs to be recharged.

A one-meter cable with braided steel construction provides maximum strength and security, Cross said. The cable is protected by a vinyl coating to prevent scratches to the gear being secured.

Ancestry, a Lehi-based family history and DNA matching service, has launched Storymaker Studio, a feature in the Ancestry app that allows users to create bite-sized stories from their family history and share them within the Ancestry community and on their personal social media channels. The feature is a centralized, one-stop destination to curate facts, images, records and memories and tell the stories within family histories. Members can upload and enhance photos and images, record and upload audio files, integrate photos with audio and then publish stories to their trees, on their personal social channels and to other Ancestry community members. “Historical records and family trees are the cornerstone of genealogy research, showing moments of times and the relationships between people in several generations of a family,” said Ancestry corporate genealogist Crista Cowan.

Bracket Labs, a Salt Lake City startup that creates leveraged structured products for the decentralized finance (DeFi) market, has introduced two products, Epoch and Channel on its BracketX.fi platform. The products are designed to help DeFi traders profit in volatile markets. “We wanted to make products that were accessible and worked in all market conditions,” said Michael Wasyl, Bracket Labs co-founder. “DeFi can be inhospitable to new or experienced users who are just delving into derivatives. Bracket Labs’ two new products remove a lot of the friction from setting up strategies and help users make profit in any market condition.” Channel is designed for low volatility or sideways markets while Epoch is a periodic buying version of Channel that pits the "stay in" investor against the “break out” investor, gamifying the experience.

Qualtrics, a Provo-based experience management platform, has released its Retail Banking Accelerator, designed to make it easy for financial institutions to adopt the Qualtrics platform. By providing quick and predictable implementation at a fixed cost, the solution enables retail banks and credit unions to set up CX improvement projects efficiently and effectively. Included benchmarks enable institutions to compare key metrics against peers, helping form strategies and actions that improve the customer experience. “We often hear from our banking customers that not only does implementation cost more and take longer than expected, but it requires internal resources and competencies that they often don’t have,” said Dmitry Binkevich, Qualtrics’ global head of financial services. “We listened and we’ve launched the Retail Banking Accelerator to enable a smooth implementation, easy rollout and shorter time to value.”

Traeger Inc., a maker of outdoor cooking products based in Salt Lake City, has introduced a new line of grills featuring the company’s most recent innovations. The Ironwood and Ironwood XL grills feature the Super Smoke Mode and Traeger Downdraft Exhaust to add exceptional wood-fired flavor to food. The grills also have precision temperature control and a set-it-and-forget-it mode driven by Traeger’s WiFire technology that can be controlled by Alexa or Google Home devices using voice commands. “Innovation has been the lifeblood of the Traeger brand for the last 30 years and continues to be the North Star we look to when announcing new products,” said Jeremy Andrus, CEO of Traeger Grills. “The new Ironwood series showcases some of the most innovative, technological advancements ever put into a grill, at an affordable price point.”

Salt Lake City-based mophie, a developer of battery pack recharging devices, has announced three additions to its power station lineup of portable power, each designed to recharge smartphones and mobile devices. The basic Powerstation charges up to three devices at once and holds two full charges, while the Powerstation XL charges three phones three times and the Powerstation Pro AC charges four devices up to four times and features a USB-C PD port for faster charging. “As a leader in portable power, we recognize people’s need to power more of the digital devices that keep them connected,” said Brad Bell, senior vice president of global marketing for mophie parent company ZAGG. “As consumer habits evolve, mophie adapts to deliver the most advanced charging solutions that are safe, convenient, fast and efficient.”

Galileo Financial Technologies, a Salt Lake City financial technology company (fintech), has launched Cyberbank Konecta, an intelligent digital assistant (IDA) for banks, credit unions, fintechs and non-financial brands to create personalized digital experiences for their customers quickly and efficiently at every stage of their interactions with institutions. The company expects it to improve customer engagement and loyalty while simultaneously reducing operational and service costs up to 80 percent. “Developed with a keen focus on bank customer needs and customer empathy, Cyberbank Konecta understands how customers interact with their banking partner based on years of analyzing, modeling and building bank customer interactions into an AI engine,” said David Feuer, chief product officer at Galileo. “The technology seamlessly and intelligently meets customers at their point of need, while simultaneously informing future customer experiences.”

Entrata, an operating system for the multifamily leasing industry based in Lehi, has released Entrata Affordable as well as a first-of-its-kind student revenue management solution. Entrata Affordable is designed specifically for property owners and managers with affordable housing units, while the student revenue management system provides machine learning algorithms on a bed-by-bed basis to help benchmark performance and optimize pricing strategies. “Our goal has always been to make the rental experience easier for residents and property managers alike, and with Entrata Affordable, we’re able to reach a sector of the rental industry where legacy solutions and approaches just aren’t working,” said Chase Harrington, president of Entrata. Backed by Entrata’s comprehensive operating system, Entrata Affordable helps property managers mitigate compliance risks by streamlining workflows and automating tasks throughout the certification and reporting process.{/mprestriction}