The second group presenting at #Tech23 was from the group ‘Meeting the needs of the enterprise’ and was kicked off by Matt Milosavljevic (@mmilo) from Bugherd. His company has created what it claims is the world’s simplest software big tracker. The company’s fo0unders are all engineers, so very familiar with the problems, and have already attracting $245,000 in funding.

The second presentation was given by Chandika Jayasundara (@chandika) from cinergix, whose software creatly enables users to create simple wire-frames that enable better visualisation of company information, and has already been adopted by 130,000 users. The company’s new tool enables the automatic creation of diagrams that include data from other systems such as Sakesforce.com.

The third company to present was Effective Measure. CEO Scott Julian (@scottjulian) outlined the company’s service for accurately measuring online audiences. The company is chasing after emerging markets, where it is seeking to become the official currency in those market when it comes to web ratings. The company has already raised $8 million, and is chasing an addressable market of $2.3 billion.

The final presentation was from Nicholas Gruen (@NicholasGruen) from Kaggle, a predictive data analytics platform that uses crowdsourcing to solve complex analytical probkems. The company is developing a community and creating a platform for a market that it estimates is worth $107 billion – of which $38 billion is outsourced today.

I’m currently sitting in the audience for Tech23, Australia’s premier showcase for early-stage technology companies.  In an opening address from the deputy premier the  Hon. Andrew Stoner, who gave plugs to the Australian Technology Showcase and MEGA, announced that the NSW Government would be supporting the Fishburners early-stage company workspace.

The first presentation was from Pem Dechen from ESR Momentum, an information management service for schools to help them track and manage the learning needs of students. Pem’s presentation included a passionate plea to the judges, invoking the words of Jerry Maguire ,’to help you, help us, help the children.”

Pem was followed by Sheng Yeo from OrionVM, which has built one of the fastest cloud computing platforms in the world, with a storage architecture designed to meed the future needs of cloud computing users. Sheng showed an impressive list of advisers as well as a strong growth pipeline.

The third presentation for the morning was from Catherine Prosser from StageBitz, who did a great job of articulating the issues faced by creative companies in both inventorying and even making money from the thousands of props that are created each year. A beta version has already been tested around the world, including Opera Australia, Bell Shakespeare Company and NIDA.