FIWARE Accelerator Programme Progress and First Results Gabriella Cattaneo and Richard Stevens, IDC FI-Impact Project Brussels, March 25 2015
Overview FI-IMPACT Accelerators Submitted proposal Selected Proposals A glance at the market impacts 1
FI-IMPACT MAIN GOALS Forecasting the market and economic impacts of the FI-PPP KPIs To estimate the Phase 3 projects potential take-up, target markets, demand drivers, potential revenues Market Model Socioeconomic Impact Model To assess the potential direct, indirect and induced impacts of the Phase III projects: macroeconomic, social and scientific impacts, and users' benefits To measure the readiness of the Phase III projects to achieve their objectives and potential impacts with reference to objective benchmarks 2 2
Phase III Actors Participants Proposals 1 step of selection Go to market FI-WARE Accelerators partners 300.000 ~7.000 1.200 800 SMEs, Start-ups and Entrepreneurs aware of the Open Calls N of proposals submitted N of proposals accelerated Market ready or investment ready businesses 20 Accelerators + investors 48 Innovation agencies + technology transfer 16 FI Research centres 18 Innovation consultants 9 FI Technology providers 3
Accelerators Markets Targeted Ceed Tech Creatifi European Pioneers FABulous FI-Adopt FI-C3 FICHe Finodex Fractals Frontier Cities IMPAct INCENSe SmartAgri food SOUL-FI Legenda Smart cities (8) Content&Media (9) Social&Learning (4) Energy& Environment (4) Agrifood (4) Transport (3) Manufacturing & Logistics (1) Finish SpeedUp Europe Health (4) Source: FI-IMPACT Elaboration of Accelerators Data 4
The Accelerators Funding Chest Source: FI-IMPACT Elaboration of Accelerators Data 5 M CEED Tech Max. Funding per Proposal (K ) 280 Accelerators Total Funding (Tot. 80M ) 4,7 M 4,7 M 5,4 M 4,2 M 4,5 M 6,2 M 4,8 M 4,6 M 5,5 M 3,9 M 6,4 M 6,2 M 4 M 5,1 M CREAtiFi EuropeanPioneers FABulous FI-Adopt FI-C3 FICHe FInish FINODEX FRACTALS frontiercities IMpaCT INCENSe SmartAgriFood SOUL-FI 100 118 100 100 85 150 150 150 170 150 150 150 217 250 5,5 M SpeedUp_Europe 70
First Call: 4198 Proposals Mostly From the EU 131 2725 1342 n = 2856, available submitted proposals which provided country information Base: 14 Accelerators, excluding FRACTALS and FrontierCities 6
EU Submitted Proposals Origin at a Glance n = 2725, all sumbitted proposals from the EU28, Base: 14 Accelerators excluding FRACTALS and FrontierCities 7
Many proposals from Spain, Italy and Germany... 746 But high participation also from small and medium MS, such as Estonia, Finland, Greece, the Netherlands 306 290 119 118 113 110 110 106 97 88 131 75 67 60 49 48 48 43 22 22 18 17 15 11 10 10 5 2 n = 2725, available submitted proposals from EU member states which provided country information Base: 14 accelerators, excluding FRACTALS and FrontierCities 8
Origin of Extra-EU Proposals 28 25 16 Serbia, Israel and Ukraine lead the way 12 11 6 6 5 4 4 3 2 2 1 1 1 1 1 1 1 n = 131, available submitted proposals from extra-eu states which provided country information Base: 14 Accelerators, excluding FRACTALS and FrontierCities 9
The «Funnel» selection approach 10
The «Tutoring» selection approach Accelerators following this approach: 11
First Call Results: 408 Selected Projects by 10 Accelerators 100 25% 80 20% 59 14% 50 12% 49 12% 20 13 13 3% 3% 5% n = 408 Base: 10 Accelerators: CREAtiFi, EuropeanPioneers, FI-Adopt, FICHe, FI- C3, Finish, FINODEX, IMpaCT, SOUL-FI, SpeedUp) 12 3% 12 3% 12
Rate of Success by Country (Selected on Submitted) Spain 98 16% Serbia 3 16% Germany 79 31% Czech Republic 3 38% The Netherlands Italy UK Portugal Belgium Finland Greece 37 34 24 20 18 16 14 16% 26% 24% 19% 15% 26% 40% Switzerland Hungary France Bulgaria Slovenia Slovakia Romania 2 2 2 2 1 1 1 13% 5% 10% 7% 22% 25% 29% Source: 10 accelerators: CREAtiFi, EuropeanPioneers, FI- Adopt, FICHe, FI-C3, Finish, FINODEX, IMpaCT, SOUL-FI, SpeedUp Sweden 12 63% Malta 1 50% Denmark Poland Ireland Estonia 11 10 7 4 19% 13% 15% 18% Luxembourg Latvia Croatia Austria 1 1 1 1 10% 14% 20% 17% Note: Black numbers denote the number of selected proposals by country 0 20 40 60 80 100 120 0 20 40 60 80 100 120 Selected proposals (number) (%) selected proposals on submitted n = 406, all selected proposals which provided country information n = 1975, submitted proposals which provided country information 13
Accelerators Investments So Far Accelerators 1 st call funding per proposal Funding per initiative selected - First instalment average Selected proposals Total CreatiFi 10,000-50,000 10,000 59 590,000 European Pioneers 12,500-62,500 9,375 12 112,500 FI-Adopt 5,000-15,000 1,000 13 13,000 FI-C3 12,500-75,000 18,500 12 222,000 FICHe 15,000 15,000 80 1,200,000 FINODEX 10,000 10,000 49 490,000 IMpaCT 100,000 25,000 20 500,000 SOUL-FI 10,000 10,000 50 500,000 SpeedUp Europe 50,000 7,500 100 750,000 Total 395 4,377,500 Base: 9 Accelerators - Source: FI-IMPACT Elaboration of Accelerators Data, March 2015
Young, eager new companies 408 selected proposals (43% new or start-ups) 6-10 team members 14% 10+ team members 3% 0-1 member 32% Unknown 29% 5+ years 12% No experience 18% 1 year 25% 2-5 members 52% 2-4 years 16% Source: 10 Accelerators (CREAtiFi, EuropeanPioneers, FI-Adopt, FICHe, FI-C3, Finish, FINODEX, IMpaCT, SOUL-FI, SpeedUp) 15
Role in the FI-PPP ecosystem 408 selected proposals: two thirds plan to sell technology solutions The others will focus on services 34% Service Provider 66% Tech Provider Source: 10 Accelerators (CREAtiFi, EuropeanPioneers, FI-Adopt, FICHe, FI-C3, Finish, FINODEX, IMpaCT, SOUL-FI, SpeedUp) 16
A variety of targeted markets n = 408 projects B2B 62% 256 B2B/B2C 24% 96 B2C 14% 56 10 Accelerators (CREAtiFi, EuropeanPioneers, FI-Adopt, FICHe, FI-C3, Finish, FINODEX, IMpaCT, SOUL-FI, SpeedUp) (*) The All sectors segment includes solutions that are transversal to all markets and not industry-specific. (**) Multiple answers were allowed. Percentages are calculated out of the total number of available B2B and B2B/B2C proposals (352) 17
Focus on Apps & Emerging Technologies (draft) Content Applications Data Access, Analysis, and Delivery Software Operations and Manufacturing Applications Customer Relationship Management (CRM) Consumer Applications 49 (16%) 47 (16%) 42 (14%) 40 (13%) 35 (12%) n = 408 Selected proposals by technology Collaborative Applications Supply Chain Management (SCM) Applications Enterprise Resource Management (ERM) Integration and Orchestration Middleware Data Integration and Access Software 19 (6%) 16 (5%) 10 (3%) 10 (3%) 6 (2%) Hardware and software; 107 (26%) Network Infrastructure Software Development Languages, Env., and Tools Engineering Applications 4 (1%) 4(1%) 3 (1%) Software; 301 (74%) Other 16 (5%) Source: 10 Accelerators (CREAtiFi, EuropeanPioneers, FI-Adopt, FICHe, FI-C3, Finish, FINODEX, IMpaCT, SOUL-FI, SpeedUp) 18
Conclusions Only first batch of selected proposals, corresponding to 40% of expected total Most proposals are software and apps, with a strong orientation towards consumer audiences There is a substantial minority of IoT based business ideas. Some proposals are going to market in a few months All ask for a solid and supportive platform 19
Thank You! Gabriella Cattaneo IDC European Government Consulting gcattaneo@idc.com Richard Stevens FI-IMPACT project manager rstevens@idc.com 20
FIWARE Accelerator Programme Progress and First Results BACK UP SLIDES
Accelerators Services - I Source: FI-IMPACT Elaboration of Accelerators Data Mentoring Coaching Finance Work shops Accel erat. Business Business develop. innovation FIWARE support Technical support Match making Ceed Tech Creatifi European Pioneers FABulous FI-Adopt FI-C3 FICHe Finish 22
Accelerators Services - II Source: FI-IMPACT Elaboration of Accelerators Data Mentoring Coaching Finance Work shops Acceler ation Business Business develop. innovation FIWARE support Technical support Match making Finodex Fractals Frontier Cities IMPAct INCENSe SmartAgri food SOUL-FI SpeedUp Europe 23
Ratio Funded Proposals- Country Population 90 80 70 MS with share of funded proposals more than proportional to population: EE, FI, MT, NL, ES, DK, PT, LU, BE Population Selected/population 29% 30% Miljoenen 60 50 40 30 10% 21% 22% 16% 13% 19% 12% 20% 15% 18% 24% 20 10 0 0% 4% 6% 3% 1% 3% 2% 1% 3% 2% 2% 5% 5% n = 406, all selected proposals which provided country information Base: 10 Accelerators (CREAtiFi, EuropeanPioneers, FI-Adopt, FICHe, FI-C3, Finish, FINODEX, IMpaCT, SOUL-FI, SpeedUp) 24
A Glance at the Market Potential (draft) Content Applications 7 971 (3%) Data Access, Analysis, and Delivery Software Operations and Manufacturing Applications Customer Relationship Management (CRM) Collaborative Applications 4 643 (7%) 6 747 (5%) 3 143 (15%) 11 204 (3%) 2014 Market size CAGR 2014-18 Western Europe Supply Chain Management (SCM) Applications 2 410 (3%) Enterprise Resource Management (ERM) 15 424 (4%) Integration and Orchestration Middleware 2 798 (5%) Data Integration and Access Software 1 317 (5%) Network Infrastructure Software 67 (32%) Development Languages, Env., and Tools 1 271 (0%) Engineering Applications 6 518 (4%) Source: IDC 2015 25
IoT Smart Environments Growth to 2020 Source: Definition of a R&I strategy leveraging The combination of IoT and Cloud for DG CONNECT Source: IDC, 2014