“The impact of Powatag is as significant as the introduction of television to advertising, and of the internet on communications.” It’s a pretty bold opening gambit from Powa Technologies founder and chief executive Dan Wagner, but one the tech entrepreneur delivers resolutely.
His unfaltering manner is reflected in every element of Powa’s slick office, which – on the 35th floor of Heron Tower – is not what we’ve come to expect from a tech start-up. Glass and mahogany dominate an expanse of elegant desks and dapper suits. The space is professional and deliberate. Everything shines, and there’s not a bare brick in sight.
It’s the home of Powatag. An e-commerce app and mobile wallet that consumers can use to scan a code or advert and be able to purchase whatever item it is promoting in one tap. It has more than 500 global brands signed as partners, such as Carrefour and Comptoir des Cotonniers. In June, Powa agreed deals with five media agencies, including Carat and Mediacom, and this week announced a partnership with marketing agency Haygarth to help create campaigns for its digital retail client portfolio. Wagner claims to have no competitors, and wouldn’t back anyone that isn’t him. So does the technology match up to the man? Read More