the most promising opportunities of the internet of things
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Prepared by Helene Andre, Business Development & MarketingFor PRIME Paris Region International Mission Enterprise
July 2014
The most promising opportunities of the Internet of Things,Toward a full time connected world
As simple as ABC
From computing devices to an everyday devices’ connectivity
• Miniaturization & nanotechnologies partially enable the growth of the Internet of things
• As sensors become a low-cost technology, it is cheaper and cheaper to add them to any device
Machine-to-Machine communications begin to power billions of everyday devices, from parking meters to home thermostats
As simple as ABC
Three market segments in the IoT
HardwareDevices & sensors
SoftwareComputing power
NetworkTelecoms& IoT
platforms
Arduino
Raspberry Pi
Nike+ API
IoT & Big dataThe virtuous circle
Big data is high volume, velocity & variety information
Connected devices create, collect & communicate big data
The present model works with specific sensors communicating with a single specific cloud application
The future will see an Internet of Things where billions of devices are connected to each other, all sharing data via the Internet
• An increasing number of connections
• VC funds invested over $1 billion in IoT startups in 2013
1.9 billion connected devices today
9 billion in 2018
Business insider, Here's Why 'The Internet Of Things' Will Be Huge, And Drive Tremendous Value For People And Businesses, Dec. 2013CB Insights, Internet of Things Companies Haul In More than $1 Billion in Venture Capital in 2013, March 2014
A tremendous market
Quantified Self& eHealth
Connected Home
Smart City
Environment
Industry
To infinity & beyondA myriad of applications
Biggest playersCorporates with $1 Billion+ in market cap
CB Insights, Internet of Things Companies Haul In More than $1 Billion in Venture Capital in 2013, March 2014
Smart lock
$8 Million raised in Series A
Orange Chef, a smart food scale
$3 Million raised in Seed Funding
Platform & app connecting smart devices
$12.5 Million raised in Series A
Hearing help
$5.7 Million raised in Series A
Personal weather station
$5.8 Million raised in Series A
Some coveted players
• Li-Fi technology
Philips’ & LIFX’s light bulbs
Mobile apps developed by Oledcomm
• Automated vehicles
Driverless car by Google
Automatic Link to monitor your car & its engine
The possibilities of drones
• Strong Authentication
Tokens developed by Ionosys
Bionym’s Nimy heart rate authentication
Hottest opportunities
• Wearables, & soon Implants
Gesture Control devices like Nod
Fitbit trackers
Smart health devices by Withings
• Beacons
Developed by Apple, Qualcomm, Estimote
Applications in CRM, targeted advertising, Connected home
Hottest opportunities
• Here's Why 'The Internet Of Things' Will Be Huge, And Drive Tremendous Value For People And Businesses http://read.bi/1d57xSM
• The Five Most Disruptive Innovations at CES 2014 http://onforb.es/1anYG0p
• An internet of things http://bit.ly/1lvNPWT
• Forget wearable tech, embeddable implants are already here http://cnn.it/R0oHfV
• Bosch's Home Connect app will control competitors' appliances http://cnet.co/1nEuVzf
Bibliography & Links
About PRIME & French Tech Hub
PRIME is a transatlantic innovation platform promoting the Paris region as a center of innovation and engaging in activities to encourage and incentivize American companies and organizations to invest in the Paris region. PRIME is a subsidiary of the Paris Region Economic Development Agency.
French Tech Hub serves as the U.S. Hub for entrepreneurial and innovative French companies. We provide custom-tailored services to help our clients strategize, launch, expand, and achieve their business potential.
For more info, contact Marie-Perrine Durot marie-perrine.durot@parisregionentreprises.org
For more info, contact Marie Buhot-Launaymarie.buhotlaunay@frenchtechhub.com
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