The 25-year-old inventor of a machine learning tool to help brands uncover future ideas, has been named as the UK's most promising young technology entrepreneur by the Royal Academy of Engineering Enterprise Hub. Nick Schweitzer, founder of Klydo, has received the JC Gammon Award, which provides £15,000 of funding and membership of the Enterprise Hub, as the winner of the Royal Academy of Engineering's Launchpad Competition – a nationwide search for the UK's greatest entrepreneurs in the engineering and technology sector, between the ages of 19 and 25. Up to 90% of attempted innovation in business fails. Nick aims to change this by creating a web tracking and machine learning technology that offers novel solutions to business problems, using the internet as its source of inspiration. It identifies what the future of an industry should be, helping business innovation succeed where it currently fails.