Industrial IoT is estimated to be worth 195 billion USD by 2022 (source http://www.marketsandmarkets.com/PressReleases/industrial-internet-of-things.asp) and the potential of innovation, collaboration and efficiency in this space is being created now.
An integral part of the Industrial Internet of Things stakeholder landscape, and where innovation is coming from, is the blossoming start-up environment in this space. However, navigating this landscape can be daunting. Not only because of the sheer quantity of start-ups out there, but also because of the fundamental question of the ROI in terms of relevance, time and investment.
The question is not only where can I find the relevant start-up, but rather a more fundamental one: What do I need and how are we planning to integrate the start-up in our business?
It is therefore very important to understand the trends in this space and relate them to your own business goals. Identify your gaps and innovation needs, then look into the market space and then have an open-mind approach for collaboration. Most partnerships of unicorns and dinosaurs do fail because of the wrong (or no) integration and collaboration efforts are made.
At Industry of Things World, taking place on the 18-19 September this year, we will be addressing this issue with our partners AtomLeap, who specialize in custom market insight reports. Industry of Things World attendees have the chance to purchase an exclusive report on how startups shape the future of industrial platforms, blockchain technologies, augmented and virtual reality (AR/VR), robotics, and artificial intelligence. The report includes macro analyses of global investments into industrial internet of things (IIoT) start-ups, in-depth analyses of best practice business models on how to best work with and implement start-ups in your environment, and six case studies on IIoT technology startups from Asia, Europe, and the US.
Industry of Things World is an award winning annual conference focusing on the impact of Industry 4.0 and IIoT on businesses. The two day conference is designed to showcase the latest real world use cases in this space from actual businesses implementing new tools and strategies in an interactive session format fostering innovation and community building.
For more information on the speakers, the agenda and how to get involved visit: www.industryofthingsworld.com