On Monday, October 3, 2018, it was a long day for the students. The first Hackathon together with Deloitte at the AI Lab of Frankfurt School of Finance & Management was intense. Students who know how to handle complex algorithms and are used to management questions came together. It was their goal to deal with questions concerning electromobility as well as the financial industry.
When will electric vehicles be the norm? Based on data, the candidates had to find out when it is likely that there will be more battery-driven vehicles than those with common combustion engines. For their analysis they had to consider regional, political regulatory as well as technological indicators.
Which financial products will be indispensable in the future? In order to find an answer to this question, the candidates had to include the increasing personalisation, automatisation, newest developments in transactions and relevance for customers in their analysis.
From nine in the morning until ten in the evening the students worked in the well-equipped AI Lab, that will be opened in January 2019 to the public.
David Thogmartin, Senior Manager and data expert at Deloitte, was one of the judges. He was impressed by the winner´s approach. Deloitte announced a prize of 3.000 euro as well as an invitation to the consulting firm.