4. A Look Into 100 Early Stage IoT Startups 4.1 The Top Industries IoT Startups Want To Shake Up Communications and Communications 38% Infrastructure take the lead Out of the top 10 industries captured from the data, \ Communications and Infrastructure 38% Infrastructure took the top spot with 38% of the startups reporting to be working on products and solutions directly relating to these two sub- Transport 36% industries. Interestingly, neither of these industries specifically relate to the three accelerator programs we used for this data. Energy 22% Closely behind, at 36%, was Transportation, followed by Energy at 22%–both of which, it can be argued, reflect one of the programs’ very niche Industrial 19% “Based on the 100 Transportation & Energy focus. We have closely analyzed data Based on the 100 startups, The fifth sector which made our startups, we looked at captured from startups wanting to we looked at trends from the top 5 was Industrial, at 19%. join three different Startupboot- most popular sub-industries, Similar to Communications Data 18% trends from the most camp programs between 2014 to the countries and cities they and Infrastructure, accelerating and 2015. While all the programs were founded in, the age of the startups purely working on popular sub-industries.” have an industry focus, when companies, to the different ways Industrial IoT is not a focus for it came to IoT startups, it was users could interact with the any of the Startupbootcamp Retail 17% possible for startups to be products, and the number of programs. eligible to apply to a number of engineers the companies had. From the top five sectors, it’s Startupbootcamp programs. evident that the startups’ focus Moreover, while the three is as wide and diverse as the Home 13% accelerator programs we reviewed ever-growing uses cases for the each received hundreds of Internet of Things. applications, it was important for us to drill-down the data and extract the 100 most IoT-centric Health 9% startup companies. These were startups whose business model were driven by their desire to create solutions that connect Top 5 industries were: devices, sensors, objects, and Communications, Infrastructure, Security 8% networks to the internet. Transport, Energy, and Industrial 10 11