Industrial IoT – Rocket Wagon Venture Studios

The Impact of IoT

How Will You Respond

The Internet of Things will dramatically affect every industrial company.
In order to remain competitive, industrial companies must “crack” the digital IoT code, embrace IoT, and move to the cyber-physical world.
By 2030, there will be 500 billion+ connected “things” in the world.

Industry 1.0

Mechanization and the Introduction of Steam and Water Power

Industry 2.0

Mass Production Assembly Lines Using Electric Power

Industry 3.0

Automated Production, Computers, IT Systems and Robotics

Industry 4.0

The Smart Factory, Autonomous Systems and Machine Learning

The Innovation Blindness Challenge

To date, 90% of all internally developed IoT initiatives have failed. Why is the success rate so low? No matter how progressive they are, most industrial companies suffer from “inattentional blindness.” Limited vision obscures the internal risks that negatively affect IoT innovation. These risks, Market-Systems-Structure-Team-Technology, are real, interconnected, and challenging.

Market

Systems

Structure

Team

Technology

Established Companies Need to Innovate and Adapt

Companies must adapt at an increasingly rapid pace and in profound ways. There are widespread structural changes to almost all industries; the pace of change is increasing, and companies that do not adapt successfully will struggle or even become obsolete. As a result, we see a dramatic increase in corporate spending on innovation. But is that spend being used effectively?

This ultimately leads to the Innovator’s Dilemma. It doesn’t have to be that way!

Not Just Another Incubator

The Industrial IoT Studio is specifically designed to be the counterpoint to the Innovator’s Dilemma. We are organized to rapidly assess IoT ideas and then, more importantly, rapidly build real industrial IoT solutions. Our Studio team possesses leadership, entrepreneurial, deployment, IoT, and industry experience.

We will not fight the last technology war. Our sole focus is IoT for industrial companies.
The Studio will curate innovative ideas from its corporate investor partners, external entrepreneurs, and academic research.
Our seasoned Team will start with interesting, new industrial IoT ideas and collectively build new IoT solutions, quickly and efficiently.

Jim Gagnard
Managing Director

The Industrial IoT Studio is led by Jim Gagnard. Jim has over 30 years of executive management experience building enterprise software companies. He has lead four companies from early product development to revenue growth and profitability. Jim has led M2M/IOT software companies since 2001. He has worked closely with the venture capital community and strategic investors to raise over $80 million for his companies and generate more than $500 million of enterprise value.

Join Our Mailing List