Startupbootcamp - State Of Tech 2015

Transcript

2. In 5 years the tech industry will grow from $500 billion to 2.2 trillion.
3. Startupbootcamp is the world’s global accelerator, operating 13 programs in 11 cities
4. We built global vertical innovation systems. Startups and corporates are our clients
5. Innoleaps is the world’s first accelerator for corporates
6. State Of Tech Resources • 13000 Startupbootcamp applications • Startups we’re sourcing, tracking and tracing • 150 partners, 2000 mentors and own team of 300 • Startupbootcamp Verticals reports • Partners reports (PWC)
7. We can forecast tech- developments for the next 12 months
8. 7.2 billion people, growing older. There will be more of us
9. Global population aged 60+ years 2015: 901 million 2030: 1.4 billion 2050: 2.1 billion 2100: 3.2 billion
10. But Millennials are steering developments
11. •Access instead of ownership •Technology savvy •Emphasis on general wellness (Health, Food) •Flexible workplaces
12. 2016: Nearly 70 percent of sharing- economy workers are between 18 and 34
13. 2020 50% of the Global workforce will comprise of Millennials
14. Language of 7.2 billion people: 1.39b —Chinese 588m —Hindi 572m —English 467m —Arabic 389m —Spanish 250m —Bengali
15. One day we’ll all speak tech!
16. Even more people will soon be online 2015 - 3 billion 2025 - 6 billion
17. Mobile continues to grow rapidly
18. - Greater availability of smartphones - Better network coverage - Mobile extending beyond developed markets
19. 2014 - 3.6 billion unique owners 2020 - 4.6 billion unique owners (60%)
20. 2020 70% broadband 80% of global population within 3G reach
21. • Skype, WhatsApp, Facebook Messenger increasingly popular • More traction with growth of 4G networks Picture: Twin Design / shutterstock.com
22. • Telcos need partnerships or over-the-top models to drive long term revenues • All IP future solution is vital to retain customer relevance
23. 4G networks becoming dominant in developed world
24. 2014 - 3G 39% 2020 - 4G 69%
25. 2020 - 5.9 billion smartphones 2020 - DATA traffic will have grown tenfold from 2014
26. • Video the key driver • YouTube: Mobile now generates 50% of its global traffic • Netflix: takes 50% of all prime time US broadband capacity Picture: Alexey Boldin / shutterstock.com
27. 5G already is being tested
28. •1000 times faster then 4G •Realtime-apps: autonomous driving, VR, AR and high-res video
29. •South Korea: launch in 2020 •KPN, TNO, Huawei and Ericsson now testing in Loppersum, Netherlands
30. However mobile internet penetration is still pretty limited
31. • Brings fintech to unbanked populations • Now over 255 live services across 89 countries
32. The Internet Of Everything Is Really Hot
33. •Digital ‘nervous system’ for interactions between people and machines •Creating new kinds of applications and services
34. • Key to Smart Cities • Only just reached the public consciousness
35. Number of ‘connected things’ in 2020: •PWC: 8 billion •Cisco: 50 billion
36. 1 million new #IoT devices will be purchased every hour of every day in 2021
37. Machine 2 Machine connections are becoming huge: 2014: 243 million 2020: 1 billion
38. 2020: Asia Pacific will account for over 50% of mobile M2M connections
39. Growth comes from these verticals: • Automotive • Healthcare • Utilities • Smart cities
40. Growth factors: • Low power network roll-out • Increased standardisation • Improved regulation • Greater assurance of end-to-end security
41. Wearables have only just taken off
42. 35% annual growth over the next 5 years: • 2015 - 33 million • 2019 - 148 million Editorial Credit: Giuseppe Costantino / shutterstock.com
43. • People don't understand the benefits yet • Small screen • Limited battery life • No "killer app" yet Editorial Credit: Hattanas / shutterstock.com
44. • Still we are anticipating increased use • Especially for fintech and enterprise purposes
45. • Smartwatch will be the leading wearable • 40% Apple watch Editorial Credit: Canadapanda / Shutterstock.com
46. • Will grow 41% p/y over the next 5 years • Must become standalone device to become mainstream Editorial Credit: Lukas Gojda / shutterstock.com
47. • Wearable tech drives IOT and Health startups • Not yet dominant in 2016
48. Apple and Google will dominate,just like in the smartphone and tablet markets. Editorial Credit: robert cicchetti / shutterstock.com
49. Cybersecurity: The hottest and fastest growing tech sector
50. • 2015: $77 billion • 2020: $170 billion • Corporate investors are major funding sources for cybersecurity startups.
51. The U.S. spent $100 billion on cybersecurity over the past decade $14 billion budgeted in 2016
52. • Cyber-attacks costing $400 to $500 billion a year. • Cyber insurance market has grown from $1 billion to $2.5 billion in two years.
53. • Expected to grow dramatically over the next 5 years • Creating new opportunities
54. • 50% of all present jobs will disappear • Over 200,000 U.S. cybersecurity jobs are unfilled. 2019: 1.5 million
55. Security services market will grow from $8 billion to $30 billion by 2020
56. The mobile security market is exploding
57. The average Android phone only gets 1.26 updates per year
58. - 86% of people leave a website when asked to register - 40% using "forgot password" once a month - 78% don’t trust companies with their data
59. IoT market is expected to further lift security spending through 2025
60. Driven by Drones, Health wearables, Self driving cars, Digital banking
61. 3D-printing At a tipping point, about to change industries
62. Economic impact of up to $550 billion a year by 2025
63. • Capabilities of hardware evolving rapidly • Larger components, greater precision, finer resolution • Higher speeds, lower costs. • Viable alternative to conventional manufacturing
64. Driven by smart materials
65. • Quality of materials improves rapidly • Will soon be suitable and used • More industries will start 3D-printing: Space, Healthcare, Automotives, Energy and the Army
66. Low cost of market entry makes it easier to begin manufacturing
67. 3-D printed firearms shows the potential to create ethical dilemmas and to disrupt industries
68. The sharing economy grows
69. •Raised 8 billion since 2009 •World’s most valuable private startup •300 cities in 63 countries •Spends $35 million per week Editorial Credit: Prathan Chorruangsak / shutterstock.com
70. •Investing heavily in ride-sharing service Uber Pool •30% of trips now take place in China •But Didi Kuaidi is the most popular ride-hailing app in China
71. • Extra income, reciprocity, social interaction • Easy to join and make a profit. • Nearly 70% of ‘sharing’ workers 18 to 34 years • 40% have a college degree
72. IOT becomes the Internet of Shared Things
73. •Millennials paving the way •Sharing more then others •Lower prices, Higher demand for work
74. Fighting Rules and regulations
75. • Startups use loopholes above legitimate business models • Face stricter rules than providers working in other businesses. • Governments will create laws to protect customers.
76. As a result real sector leaders are emerging
77. • More online comparison marketplaces popping up • Quality based on ratings • Consolidation of the sharing market is near
78. Sharing platforms will gain even more popularity and redefine aspects of economies.
79. Smart City & Living
80. Cities getting smarter driven by IoT and Big Data
81. • Safer living environments • Less pollution • Less traffic congestion • Real time service networks
82. Autonomous driving
83. Ninety percent of car accidents are caused by human error
84. Increased safety, road capacity, fuel efficiency and reduced pollution
85. • Fastest growing field in automotive • Requires the most complex coding that car-makers ever faced • Correct software integration paramount for safety
86. Risks • System failures (“death by computer”) • Cyberterrorism • Users taking additional risks when they feel safer. • Increased travelling resulting from faster or cheaper cars
87. 2025 • 15–20% of cars using highly autonomous driving • Truly autonomous driving is likely to be below 5%.
88. Future: • 2030 - Implementation for taxis and car sharing • 2040 - Dedicating some highway lanes • 2050 - Change roadway design and management practices • 2060 - Restrict human- driving
89. • Key tech players involved, Google, Apple, Uber, Tesla • Incumbents struggling to catch up
90. Legislation bigger hurdle than technology
91. The drone invasion is underway
92. Consumers looking for instant gratification
93. • Months away from being ready • 10 times cheaper and faster than any alternative • Ideal for less developed countries
94. • Biggest enemy: weather • Regulatory framework in the US appears to have stalled • Amazon & Google: pushing hard
95. • 2020: $140 billion market • 56% US, 12% China
96. • Google’s “Project Wing", deliver items within 5 miles in 5 minutes • Google’s Adwords fear: Amazon to capture all searches with commercial intent
97. • The web took the cost of moving information to almost zero • Drones will do the same for physical items
98. E-commerce
99. Trends • Last Mile • Hyper Local • City Sensors • Open Data
100. November 2015: 51% of all internet usage is now mobile
101. Mobile is at the heart of future E-commerce
102. The B2C e-commerce market is becoming more and more mature
103. • 2015 growth rate: 15.9% • Global B2C e-commerce turnover $2,3bn
104. E-Commerce Is The Future Of Retail:
105. • Marketplaces doing well (convenience) • Hybrid shopping looks promising • Those that focus on only one channel will be less successful
106. Shoppers are changing...
107. • But key aspects of shopping remain the same • Social activity, particularly for the younger age group
108. • People expect a high level of security for their personal data. • But still want individualized offers
109. Shoppers have high expectations
110. • Seamless cross- channel experience • Convenience, very demanding in a complex environment
111. Logistics, Huge need for new supply chain
112. • Same-day delivery means new air freight facilities will be needed • Fulfilment centres will be built next to airports
113. This will change the landscape around them
114. • From mega distribution facilities to smaller fulfilment centres • Package pick-up options covering the last mile
115. FinTech
116. • FinTech continues to grow in the coming years • UK set to become the global centre • Bitcoin and other cryptocurrency companies are here to stay
117. • Traditional financial institutions seriously interested • Increasingly making R&D investments
118. Peer 2 Peer tech is disrupting banks
119. • Big surge in P2P lending • Startups growing fast, landing large deals
120. • Alternative payment methods
 grow at an incredible rate • Crowdfunding still small but here to stay
121. Wealth Management moves into a new era
122. • Big shift in mindset • More attention and power to the small investor
123. • Wealth management startups becoming prominent • Giving clients the same opportunities as large investors.
124. Automated Investment Management will soon be normal
125. • Large increase in development and use of platforms • More services for high-net worth individuals
126. • New startups offering these services for large portfolios • Cutting
 out the middleman
127. Western banks are weakening
128. • Need for cost reduction • Startup disruption • Coping with digitisation, don’t understand the new role of business platforms
129. • Believe that “digital” is somehow a solution-set • Global economic change switching the balance away from North- South to South- South
130. Leadership: Too much orientation towards product instead of process innovation
131. • Leaders are very slow to develop a vision for the next 10 or 20 years • Urgent need to host an inter- generational dialogue
132. • Need a deeper understanding of new operating models • Need to truly engage employees into improve processes
133. • Have begun to embark on fail fast, fail cheap innovation methods • But too often this is divorced from executive decision making
134. FinTech & Security in 2016
135. • Increased use of alternative payment solutions • Embedding of payments • Facebook, Twitter, Google, Pinterest and Instagram have chosen to add a purchasing button.
136. Large incumbents continue to the biggest acquirers of new FinTech startups.
137. Insurance, the Next Frontier for Fintech
138. • Regulations were designed for a different era • But where are the insurance tech entrepreneurs?
139. • Capital requirements very steep for startups • Large insurers will gobble up insurance tech startups • Driving more venture capital into the space
140. Now software Is eating Insurance
141. By changing the way insurance companies price risk
142. •By empowering an ongoing relationship between an insurer and insured •Letting you make smart lifestyle decisions.
143. The sharing economy needs new insurance products that are pay-per- use, not pay- per-year
144. • We’ll see more crowdsourced insurance companies • Changing the way insurance companies pool capital
145. • Big Data easier measures risk and locate stolen goods • Risk shifts away from individuals and traditional companies to software providers
146. Insurance also goes mobile
147. • Industry appears to have found the right partnership and commercial models. • Total of 100 live services mobile insurance services now operating • Over 20 million policies already been issued
148. Digital Health • Four of the last 5 quarters have seen more than $200M in digital health financing
149. Apps are becoming a regular part of care
150. Healthy food, weight loss, exercise, education and information
151. • Healthcare widely deploying mobile apps – but difficult to engage patients • 33% already offer apps • Lack of funding main barrier for effective use
152. Top 5 digital health categories
153. • Cost transparency • Big data analytics • Wearables
154. • Real-time healthcare • Personal medicine and information
155. Social Media Picture: Twin Design / shutterstock.com
156. Messaging services are becoming more powerful than social media
157. Picture: Twin Design / shutterstock.com • What’s App and Facebook Messenger, clear global leaders • Others dominate locally • Messaging services are becoming platforms
158. Snapchat • Growing fast, 200 million users • Key driver for vertical video usage • Vertical viewing time 2010: 5% 2015: 29%
159. • Full-Screen Vertical Video Ads on Snapchat = 9x Higher Completion Rate vs. Horizontal • But no proven business model yet
160. Slack Real Time messaging with co-workers
161. • Rapidly becoming #1 in company communication tool • Unprecedented user growth. 1.2 million daily users after 15 months
162. • 370K paid accounts • Unicorn after only 8 months • Making real money, Truly global
163. ChatWork • Founded in 2011 • Biggest in Asia • 70% market share in Japan • Now spreading in the U.S • 80,000 client companies
164. Media
165. • Revenues will rise 5.1% (CAGR) over the coming five years • 2014: $1.74 • 2019: US$2.23trn
166. • Non-digital will still contribute well over 80% of global consumer revenues in 2019 • But new products expand the number of multitasking moments
167. Consumers call the shots
168. • Content experience trumps delivery platforms • Empowered consumers seek inspiring content transcending platforms
169. Streaming audio
170. • Growing fast but radio is still dominant • You Tube (53%), Spotify are leading, Apple catching up
171. • Subscriber loyalty is a major cause of concern • Smart curation through algorithms and social sharing is a key issue
172. 2020 Digital music services revenues: 10 billion (50% streaming)
173. Cable and TV are ripe for disruption
174. • TV has reached its tipping point • Situation is comparable to print in 2005
175. • Netflix and You Tube grabbing traditional viewers • TV ad spending decreasing, online spending on its way up Picture: Twin Design / shutterstock.com
176. Video on Demand
177. • Complementary media form, driven by millennials • A truly on demand generation. • 33 % watches more VOD than traditional TV
178. • 1 in 4 users watches VOD daily • 5% of users doesn’t have a standard TV service at all
179. Accelerators, We foresee a shake out • 2010 - 10 serious players • 2015 - 1500 accelerators
180. • Only global players will survive • Business model will change • Startupbootcamp leads trend towards global verticals
181. • Increasing level of interest from corporates • Corporates creating in- house accelerators
182. UNBUNDLING OF OUR OWN INDUSTRY
183. While Startup valuations are rising • # of US startups worth more than $1bn (Unicorns) • 2014: 30 • 2015: 80
184. But companies are increasingly exiting at or below last private valuation
185. Total billion+ exits: • 2014: 12 • 1H 2015: 7
186. We’re in a Bubble Private tech markets are overvalued Driven by new capital sources with less discipline Yet tech innovation will continue to grow
187. Finally • The entrepreneurial revolution has only just begun • The internet is still in its infant stage
188. Tech continues to grow. Amazing companies are being created. More than we’ve ever seen
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