Innovative business through indoor location based services

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Innovative business through indoor location based services and asset tracking technologies

3. Visions and future markets

2. i-Locate innovation and business potentiality

i-Locate Workshop

1. Current market

Bogdan Rugina Urban Planner, Urbasofia, Romania Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium


Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium


1. Current market

Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium


Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium


1999, the beginnings

2000’s, Verticals for Indoor

• • • •

• • • • • • •

Technology ready (no indoor position) Devices not ready Consumers not ready Brands/Retailers not ready

Retail (big box retailers, malls) Travel (airports, subways) Security Safety Enterprise (asset tracking) Universities Entertainment (museums, casinos, arenas)

Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium


LBS Market Size (by Geography) Europe, 18%

Americas, 51%

Asia Pacific, 25%

MENA, 6%

• • • • • •

Availability of cheaper GPS enabled devises (Smartphones, Tablets) High interest in personalizing services based on users’ location information and history Advanced analysis capabilities Evolving business models like mobile advertising, Cost benefits by deploying solutions like vehicle tracking and fleet management Government regulations regarding use of data

Sources: CC Analysis & Estimates, Pyramid Research, Vision Gain, Gartner, McKinsey Global Institute, eMarketer 5

Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium


Significant growth in both the number of people using Location-based Services and the marketers’ investment in Location-based Marketing media:

Almost 20% of the world population is already using LBS. 62% of those who don’t, aspire to do so in the future.

Location-based services are expected to bring in $10 billion in revenue from consumers and advertisers by 2016 more than 50% will come from location based search advertising.

Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium


Indoor Location: The next big Market Many Vertical Markets – Many Applications • • • • •

Cost and complexity Scalability Tracking and Positioning Accuracy Elements to be positioned: people, things, mobile, other? • Positioning may not be the correct answer, PROXIMITY seems to be right trend

Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium


2. i-Locate innovation and business potentiality

Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium


Ensuring commercial exploitation of the project: • i-locate responds to strong market needs in various domains e.g. health, asset management, retail, entertainment, etc) • i-locate, facilitates the creation of innovative business through hybrid indoor and outdoor location based services and asset tracking technologies. • Outdoor localization will extend existing GNSS solution to support GALILEO

Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium


i-Locate Business exploitation of the results: partner SMEs (13 partners) + smeSpire network (300+ goe-ICT Smes around Europe)

Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium


Health-care

People tracking

Advertising and Marketing Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium

Retail


3. Visions and future markets Technical Global Player Enabling Innovation Open-geodata LBS and tracking technologies (licenses, privacy, reliability)

Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium


People tracking

IndoorOutdoor hybrid navigation

Store Analysis

Asset Tracking

Security and Risks

Business Domain

Location Marketing

Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium


i-Locate Next Step in the Business schema: Indoor-Outdoor Open Geo-data Player i-Locate+

Geo IoT World - Where Geolocation Powers IoT Innovation | May 25-26, 2016 – Brussels, Belgium


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