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3rd Ed Track Finals: Veniam
1. Veniam ' Works
The Internet of Cars
Opportunity 12
Exabytes per month
10.8 EB
per
month
6.9 EB
Demand explosion $300B 6
4.2 EB
per
month
per
* 18x more MOBILE DATA until 2016 0.6 EB 1.3 EB 2.4 EB
per month
per per
month month month
* 1B vehicles to be connected to the Internet 0
$75B
2011
2012
2013
2014
2015
Pains for Telcos: 2016
* High CAPEX and OPEX of cellular networks (even 4G/LTE)
* Existing connected vehicle solutions rely on cellular
Team members Telcos need to offload traffic to WiFi
(10x cost reduction per megabyte)
João Barros, Ph.D.
jbarros@veniamworks.com
Solution
Susana Sargento, Ph.D.
ssargento@veniamworks.com
Robin Chase, MBA Sloan WiFi
robin@veniamworks.com Access
Founder and former CEO Zipcar Bus becomes
a mobile hotspot
Roy Russel, BSEE MIT
roy@veniamworks.com
Former CTO Zipcar
Luísa Lima, Ph.D. Vehicles form
luisa@veniamworks.com ViFi: Vehicle WiFi Mesh Network
turns cars and buses
André Cardote, M.Sc. into mobile hotspots
a.cardote@veniamworks.com
www.veniamworks.com
Technology and Products
In 5 years of research, we built and tested the largest vehicular mesh
network in the world
ViFi box Vehicular apps Professional box
10x larger wireless range than traditional WiFi
Business, Safety, Entertainment Fast, reliable, secure
Markets * Expand 10x WiFi backhaul
* Offload expensive cellular traffic Car
* Support M2M
manufacturers
* Put vehicle data in the cloud
Telecom * Manage car lifecycle
Fleets operators
Consumers
* Cut cellular cost
* Get vehicle data * Low cost Internet access in the car
* Increase safety, fuel efficiency * New mobile vehicular apps & games
2
0 Expansion
Financials
1
2 5
First Sales 0
1
[Telcos] 3
Raise 8M€
2M€
ise
Ra
K€
05
2
3 T 0
o
Proof of Concept
1
Breakeven
-
d 4
EN
a
Testbed
QR
y 2012 2013 2014 2015 2016
Total
0 2,702,500 9,212,00 52,470,000 171,690,000
Revenue
Total
92,450 3,850,402 6,249,684 27,549,367 82,848,735
Costs
Concept EBITDA -92,450 -1,039,571 2,648,126 23,663,133 88,601,265
Go-To-Market
2012 2013 2014-2016
Proof-of-concept in Porto Product launch Expansion to
Taxis, buses, trucks in Portugal other countries