Women leaders in IoT

IoT Revolution needs Women Leaders

Raghavendra HunasgiDirector Marketing Cigniti Technologies Ltd.

@Raghavph | http://internetofgalaxies.com

IoT revolution needs #WomenLeaders

Women Correlate with Success

Analysis of more than 3,000 venture-backed IoT

companies showed that successful startups have twice as many women in

senior positions as unsuccessful companies.

Dow Jones VentureSource, 2013.

Women Help IoT Companies GrowIoT companies with women have been shown to use 40 percent less capital and be more likely to survive the transition from startup to established company.

Women Improve InnovationThe presence of women in a group is more likely to increase the collective intelligence (problem-solving ability, creativity) of the group than the presence of individuals with higher intelligence.

“Evidence for a Collective Intelligence Factor in the Performance of Human Groups,” Science October 2010, Woolley, Chabris, Pentland, Hashmi and Malone.

Women Enhance Teams

Scott Page, The difference: How the power of diversity creates better groups, firms, schools, and societies, Princeton University Press, 2009.

Groups with greater diversity solve complex problems better and faster than homogenous groups.

Women Are 50% of the Population. Why Handicap Your Hiring by 50%?

"We simply cannot afford to alienate large chunks of the workforce. It is a

widely understood truth that the single biggest challenge is attracting the right people … to literally handicap yourself

by 50 percent is insanity.” - Dan Shapiro, Google

Women in Tech, By the Numbers (US)

Department of Labor Bureau of Labor Statistics, Current Population Survey, 2013; Dow Jones VentureSource, 2013.

Percent of U.S. technology jobs held by women26

Percent of women executives at U.S. venture-backed startups11

Percent of U.S. professional occupations held by women57

Percent of U.S. software developers who are women20

IoT organizations with Women leaders have filed 30% more patents in 2014

What Do You See In This Picture test?

Women innovate better in IoT

Internet of Galaxies by Raghav surveyed 58 CEOs

64% of CEOs believe most of their product ideas

and feature requests are driven by Women Leaders

Bias and mental blocks (India perspective)

“Blind” orchestra auditions, with musicians behind a curtain, increased the number of female musicians hired by 25% to 46% percent.

Goldin & Rouse (2000) The American Economic Review, 90(4), 715-741.

Unconscious Bias in Hiring

Women and Men at IoT Startups See Things Differently …

Identify which aspect of IoT excites U

Identify Mentor, Company and Game Plan

Be an IoT Champion

Thank You