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Textile Touch Pad. Give your clothes the fourth sense. Italian Institute of Technology. Executive Summary. Management Team Market wishes Our solution: technology Our application: textile touch pad Competitors Business Idea Financing. Management Team @ IIT. Marco Maggiali, PhD
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Textile Touch Pad Give your clothes the fourth sense Italian Institute of Technology
Executive Summary • Management Team • Market wishes • Our solution: technology • Our application: textile touch pad • Competitors • Business Idea • Financing
Management Team @ IIT Marco Maggiali, PhD Inventor Prof. Bruno Bonino Electronic designer Lorenzo De Michieli, PhD Technology Transfer
Touch Sensitive Surfaces Increasing demand of surfaces capable of measuring the contact which is exerted by an object or a human being on them Primarily, the sensitive surface can be used as a control surface which is capable of recognizing gestures when it is touched At present, the reference market is the SPORTWEAR. Large demand of wearable controllers for cheap and wearable electronic devices related to common or extreme sport activities, such as speedometers, mp3 players, heartbeat ratio measuring devices, barometers, mobile phones, etc
What the market wishes • Conformability: flexible, applicable to arbitrarily curved surfaces • Smart: recognize arbitrary gestures • Installation space: Should be kept to a minimum • Area coverage: Should be as large as possible • Powerconsumption: low • High resolution: very accurate • Manufacturability: easy to manufacture
Our Technology: the ‘Artificial Skin’ • Flexible • Thin • As large as you want • Reliable • High resolution • Easy to produce
Applications, the market • Sportswear • Professional Suits • Automotive • Bags • Shoes • Medical devices Partnership with O-Range Srl - designer company: Product development, marketing, sales
Our (early stage) Business Idea To become the market leader in Textile Touch Pad control systems IIT owns the technology => exclusive license Personnel from IIT master the technology Spin Off Company from IIT O-Range Srl (partnership) is exploring the market, is developing the product, works with the big players
An (early stage) market analysis Sportswear only Size of the global market (units of wearable controllers): 11M units in 2012 Approx market value: 110 M Euros in 2012 Price of the Textile Touch Pad: about 8 Euros Our Customers will be sportswear manufacturers Goal: 10% of the market in 3 years => 8.8M Euros in 2012
Actual Phase: financing R&D (public/internal funding) 80K Euros Equipment (laser cutting machine) We need 150K Euros 1 year R&D 60K Euros R&D 10K Euros final engineering THEN we will be able to evaluate the final business model/plan and the need for Venture Capitals to start the Spin Off Company
Conclusions • Platform Technology • Solid protection of the IPR • Gap between our and competitor’s solutions • Large Market • Spin Off within 18 months
Italian Institute of Technology Thanks!