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Radu Georgescu - Vector Watch - Romania - Stanford Engineering - Jan 25 2016

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Talk by Radu Georgescu, Board Member - Vector Technologies (RO), at Stanford on Jan 25 2016, in our session on 'Romania & Turkey :: Wearables & Food Delivery Startups'.

Website: http://www.StanfordEuropreneurs.org
YouTube Channel: https://www.youtube.com/user/StanfordEuropreneurs
Twitter: @Europreneurs

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Radu Georgescu - Vector Watch - Romania - Stanford Engineering - Jan 25 2016

  1. 1. ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 J a n u a r y 2 5 t h , 2 0 1 6 E u r o p e a n E n t r e p r e n e u r s h i p a n d I n n o v a t i o n S t a n f o r d S c h o o l o f E n g i n e e r i n g Radu Georgescu Founding Partner GECAD Ventures Board Director Vectorwatch www.vectorwatch.com @vector_watch PLAYING BALL WITH THE BIG BOYS from Romania
  2. 2. ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 We are Vectorwatch
  3. 3. Beautiful piece of Jewelry
  4. 4. Complete collection
  5. 5. T H E V E C T O R B R A N D V E C T O R W A T C H ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 Sales > 10,000 units in the first two months Available on Amazon, BestBuy, Vectorwatch
  6. 6. ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 Addressing a total global wearables market of $1.6T by 2020 IDC, Morgan Stanley Research
  7. 7. ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 Great Press With no marketing budget
  8. 8. All Day Activity Tracking 5 ATM Full 2 Year Warranty Multi-OS Compatible* Smart Notifications 30 Day Battery Life Customizable Faces Wireless Sync. BTLE F E A T U R E S & B E N E F I T S ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015* Get our VectorWatch app on all three major platforms iOS, Android & Windows Phone Data Streams App Store/Developers Learning System Always On Display
  9. 9. ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 Joe Santana - CEO Former CEO of Timex Group, internationally experienced CEO and Board Member. Andrei Pitis – CTO and Founder Over two decades in senior engineering and management roles. Serial entrepreneur participating in several starts up in the technology space Ron Spencer – COO Previous COO roles in global growth watch companies including Fossil. Greg Shay – CCO Ex Vice President of product and business development for Coveroo and Microsoft Steve Jarvis - Creative Director Over 19 years of experience in the design and development of accessories. Leading design at Timex, Nike Vision and Nike Digital Sport (Fuel Band) Team
  10. 10. W A T C H M A K E R A P P ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 T h e M o b i l e E x p e r i e n c e N o t i fi c a t i o n s - T r a c k A c t i v i t y - F a c e / A p p S t o r e - S t r e a m s
  11. 11. ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 Welcome to Bucharest
  12. 12. ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 Andrei Pitis Vision: A watch with 30 day battery life How it started
  13. 13. Fashion or Technology? Consumer Electronics or Operating System / Full Stack Platform? ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 3rd Party Services Push Notification Server Push Notification Server Cloud Platform Cloud Apps HTTPS HTT PS BTLE Various Developers Ecosystem VectorOS
  14. 14. •  Many hardware and traditional watch companies wishing to enter the wearables market do not have the software competences. •  Current OS solutions for wearables are either too heavy – Android Wear, or not sufficiently connected, like a handful of RTOS systems for wearables. •  The lack of tailored made solution drives power consumption high. •  Poor battery life is the main reason for consumer returns of smartwatches and other wearables at retail. ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 I N D U S T R Y P R O B L E M – Q U A L I T Y O F T H E O S
  15. 15. Compara've  Ba,ery  Life 0 5 10 15 20 25 30 Vector Watch Peble Steel Sony Smartwatch3 Samsung Gear 2 LG G Watch R Asus ZenWatch Moto 360 Apple Watch Days
  16. 16. ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 Become the Global Platform of Choice for Wearables and IoT Devices. The Vision
  17. 17. First create a beautiful watch to demonstrate the technology Strategy ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015
  18. 18. ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 Business Model Consumer Electronics – B2C – this is an enabler Licensing Full Stack Platform – B2B – core business. You will see our technology on all the wearables and IoT devices in the coming years.
  19. 19. ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015
  20. 20. Created a Great Product Complete it with the Original Vision Where we are now ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015
  21. 21. Core:   •  Team   •  Hardware  design   •  VectorOS   •  Connec7vity  Apps   (iOS,  Android,  Microso?)   •  Cloud   •  AppStore   •  SDK   •  Investment   •  Corporate  structure   ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 A c h i e v e m e n t s a f t e r o n l y 1 8 m o n t h s Fashion  /  Consumer  Electronics:   •  Watch  Jewelry  Design   •  Watch  Brand   •  Produc7on   •  Distribu7on  Channel   •  Support   •  So  many  others,  that  I  don’t  even   remember  
  22. 22. Romania ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015
  23. 23. Startups… ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 Picture credit: unconvention.eu
  24. 24. ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 …And Bigger Companies •  Bit Defender – top security company •  Softpedia.com – software catalog •  Liverail - acquired by Facebook in 2014 •  Summify – acquired by Twitter in 2012 •  RAV – acquired by Microsoft in 2003 •  Avangate – acquired by Francisco Partners in 2013 Picture credit: netocratic.com
  25. 25. Innovation ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015
  26. 26. •  Romania’s role in the previous time was technology (IT) and agriculture; •  Math skills; CS skills; •  Not about numbers, but quality - engineering innovation; •  Product Development, Early Stage Engineering. Technology ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015
  27. 27. T H A N K Y O U ALL RIGHTS RELATED TO THIS PRESENTATION ARE PROPERTY OF VECTOR ®2015 vectorwatch.com

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