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Technology Trends 2014 - Alba Incubation Service
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Technology Trends 2014
What We Will Cover……
• 1. Internet of things • 2. Big Data • 3. 3D Printing • 4. Wearable
• SE Report-Scotland • Technology for Digital Health and Care, from electronics through to informatics and systems –
1,2,4 • Smart Mobility systems to keep people and goods moving within and between cities – 1,2 • Sensor Systems, particularly for challenging environments and applications – 2,4 • Big Data techniques applied to real world problems from oil/gas to finance - 1 • Smart Built Environment, both commercial and residential buildings – 2,3
• Commercialisation • Funding • Market Awareness
Bodies Homes Communities Environment Goods and services
“The Internet of Things Will Thrive by 2025” Pew Research Center • By 2015, according to Bosch, not only will 75 percent
of the world’s population have access to the internet. So will some six billion devices
• Worth $1000billion • “Electrification for 21st Century”
sensor proliferation, cloud computing, big
data, and faster communication
standards Major smart devices used in Internet of Things such as
smart thermostats, meters, plugs, hubs, locks, and many more. The major segments that have been
building automation, industrial, consumer, wearable electronics, automotive & transportation, and
agriculture
Its about Interconnections
Big data
• Big Data – digital asset management
• Storage capacity rises 40-50% each year
• 2020 50x larger
• Personalisation of consumer experience
• Companies personalising show 19% growth
• Government data and security
“Data is the new science. Big Data holds the answers.” Pat Gelsinger, COO, EMC
“Information is the oil of the 21st century and analytics is the combustion engine” Peter Sondergaard, Gartner
“Big data is at the foundation of all the megatrends that are happening today, from social to mobile to the cloud to gaming.” Chris Lynch, ex-CEO Vertica
“Data are becoming the new raw material of business.” Craig Mundie, The Economicst
Market Opportunities
• Security – market opp $110 bn cost in cybercrime, 19% of data is protected
• Business solutions (online software)
• 32% of users purchase on smart phone
• Social Data – Retail/B2B/Finance
• Machine Data- Utiliites/Logistics/Transport
• Location Data – All of Above
3D Printing
“3D printing is changing the way we produce objects, from tools and toys, to clothing, and even body parts.” Mashable, 9 May 2014 RAF – Bikes- Houses – phone cases Printing devices – scanning equipment Phone cases
Enablers for new opportunities and technology “Crowdfunding platforms raised $5.1billion (an 81% increase) and funded more than 1 million campaigns in 2012.
Kick starter alone had 3m people pledge $480m, 214 countries
A/B tests
Momentum
LeanStart Up Expert Help - SE-Alba Innovation Service
Points to consider as a Tech start up • Internet of things
• Get to market quickly/Traction – multiple markets
• Is it Scalable?
• Do not underestimate social media
• Remember Best Customer Outcome
• Unregulated vs Regulated market
• New platform or target improvements
• Product Driven Technology
• Fastest growing tech businesses last year
• House Trip (website) – online rental - £60m
• Swift keyboard app - £20m
• Hailo – taxi app - £80m
• Affectiv – social data - £3m
• Made.com – find your furniture buyer - £10m
• All t/o > £550k in 2013 all started after 2010
Alba Clients to Watch
• Tantallon Systems EnergyFusion™ Delivers Energy Savings of More Than 60%
• Physiomedics Clinical testing & piloting with NHS Scotland due for summer 2014
• Spoonfed £250k co-investment opportunity with Equity Gap and Scottish Investment Bank to be secured by summer 2014
• EPIPOLE £400k to support a hand-held eye-scanning camera to prevent blindness in millions of diabetes sufferers
• Cobra Launch first 4k simulators around the world
Technology Trends 2014