Internet of Things Inc. (TSX-V: ITT) is an IoT software and solutions provider acquiring and implementing strategic disruptive solutions targeting the Industrial IoT markets including: manufacturing, agriculture, energy management, transportation.
1. Internet of Things Inc. (TSX-V: ITT)
IoT software and solutions provider
JULY 2017
2. INTERNET OF THINGS INC.
Internet of Things Inc. (TSX-V: ITT) is a IoT software and solutions provider
focused on acquiring and implementing strategic disruptive solutions
targeting the Industrial IoT markets including: manufacturing, energy
management, agriculture, transportation, etc.
Through our global network, we are forging partnerships to bring leading
edge IoT products and services to market. The Company has:
• Signed a joint-venture investment and distribution partnership with
New Hope Data. A $15 billion, 70+factories, Chinese conglomerate.
• Signed LOI to acquire Weather Telematics, a leading Canadian sensor
and predictive analytics solution provider, and is
• Pursuing technology partnership in Canada, United States & Israel with
leading universities, research institutes and companies.
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Overview
3. Strategic Partnership with
New Hope Group
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On May 30, 2017, ITT signed a strategic partnership
New Hope Data Technology Co (NHG Data). Under
the terms of the JV, ITT holds a 51% interest and is
responsible for providing industrial IoT technologies
to NHG’s network of 600+ factories and businesses,
and other customers across China. NHG is
responsible for sales and marketing, the big data
platform and day-to-day operations. New Hope will
also invest initially $2 Million as an operating and
working capital loan into the JV.
New Hope Group is one of China’s largest privately-owned entities, with
more than 600 subsidiaries and nearly 70,000 employees and $15.5
Billion in revenue, New Hope is involved in a wide range of sectors, from
agriculture and real estate to infrastructure, chemical engineering,
finance and insurance.
4. About New Hope Group Data
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New Hope Data ”Intelligent Plant’, is a big data platform operational
service provider, focuses on data monitoring and analytics by means of
professional consulting and manufacturing process optimization.
80% of employees are graduates from top universities and all of them
hold relevant experiences of the field such as internet of things, sensing
network, statistical modelling, data mining, cloud computing.
The Company manages to create value for customers with intensive
experience on how to identify and solve the pain points which could
facilitate the transformation of manufacturing process to upgrade from
traditional style to a more advanced and scientific operational
management.
The Company aims to be the one of the top domestic intelligent plant
big data platform providers
5. New Hope Group Data
“Intelligent Plant”
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Sensor data collection platform
Big Data, & Visualization tools
Data Centre
6. ITT Signs LOI with
Weather Telematics
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On June 15, 2017, ITT signed a LOI to acquire Canadian-based Weather
Telematics Inc. (“WTX"), an emerging global leader in predictive artificial
intelligence and in autonomous vehicle solutions.
WTX is at the forefront of the explosive growth opportunity presented by
the combination of Artificial Intelligence (AI) and the rapidly expanding
Autonomous Vehicle market. The market size for AI systems for smart
transportation is projected to be U$220 Billion by 2021, and U$87 billion
by 2030 for Autonomous Vehicle Systems1.
WTX Inc.’s products have established market viability, are generating
revenue, and the company is on track to deliver positive earnings in 2018.
The consideration for the acquisition of WTX is C$3.0 million in cash,
shares and assumption of debt. The transaction is subject to Board
approval along with TSX Venture Exchange approval.
8. Market Catalysts
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• Strategic partnership with New Hope Group will drive distribution &
sales in China, the fastest global market for industrial IoT solutions.
• WTX is on track to become profitable in 2018!
• ITT plans to expand the capabilities of WTS’ technology and use its
advanced sensor and predictive analytics capabilities, and starting in
mid-2018, enter into multiple industrial IoT markets in North America
and China.
• Businesses are in the early stage of mass adoption of IoT solutions.
• Key inflection point as all required technology (sensors,
communications, big data, and machine learning) are moving from
niche to general market.
9. Global Market Opportunity
Interconnected devices are today’s most dynamic business opportunity
• By 2020, there will be 200 Billion connected devices globally, with
an estimated economic impact of more than U$14 Trillion1.
• Global investment in Industrial IoT will reach U$60 Trillion by 2030
with over 50 Billion assets - machines, equipment, turbines, rolling
stock etc.- connected to the Internet2.
• The global industrial IoT market size exceeded U$100 billion in 2016
and is projected to grow to U$933.62 billion by 2025. This growth is
driven by businesses seeking new operating models to create a
connected enterprise for merging operational and information
departments of the industry. This transformation is predicted to
increase the overall productivity, enhance operational efficiency,
improve visibility, and reduce the complexities of different
processes in the industry3. 9
10. US & China Market Opportunity
• The Asia Pacific regional market is anticipated to outgrow the North
American market and emerge as the highest revenue-generating
region, with China spearheading the growth, by the end of 20251.
• The China IoT market is expected to reach U$121.45 Billion by 2022,
at a CAGR of 41.1% between 2016 and 2022. The major factors
driving this market are the growing demand for smartphone and
other connecting devices, the increasing internet penetration, rising
trends of industrial automation, and mainstream adoption of cloud
computing1.
• IoT is expected to be a major force for industrial economic growth in
China, delivering gains of up to US$1.8 Trillion in cumulative GDP by
2030. The four key industries that will be impacted by Industrial IoT
are: manufacturing, transportation, mining and utilities2.
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11. What is the IoT Ecosystem?
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IoT is made up of billions of
“smart” devices—from chips to
machines — that use wireless
technology to talk to each other. In
2006, there were 2 billion objects
and this projected to increase to
200 billion by 2020 (Intel).
Through the adoption of IoT,
companies will gain deeper
operational insight which will
enhance productivity, create new
business models, and generate
new revenue streams.
The Internet of Things (IoT) market links smart devices (sensors) to the
Internet, which enables the exchange of data as never available before,
and provides users with highly insightful & actionable data.
Source: Business Insider
12. What is Industrial IoT?
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Source: McRock Capital
Industrial IoT is connecting the physical world of sensors, devices and
machines with the Internet and, by applying deep analytics through
software, is turning massive data into powerful new insight and
intelligence.
Industrial IoT will help
manufacturers improve
resource efficiency, safety
and return on assets ...
creating new opportunities
for revenue growth and cost
savings.”
– Lopez Research
13. How Industrial IoT will Transform Industries?
Conventional - Reactive
• Production/operational
optimization very challenging
• Production downtime based on
schedules, unscheduled
downtime very costly
• Manufacturing employees with
IT and data interpretation skills
are costly and scarce
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IoT Enabled - Proactive
• IoT platforms will provide key
insights to optimize production
• Sensors & predictive analytics will
alert operators to pending issues,
reducing downtime
• Socialization of required knowledge
flattens skills curve; maximizes
access to people with the right skills
at lower costs
By 2020, 200 Billion connected devices providing people & industries
with actionable operational intelligence
14. How much will Industries benefit from IoT?
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By 2024, the global Industrial IoT market will add $4.2+ Trillion of
value through market innovation & improved productivity alone!
15. Are Industrial IoT solutions driving real value?
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In a recent IDC
survey, respondents
reported a 16% to
58% improvement in
operations through
the implementation
of Industrial IoT
solutions!
16. Industrial IoT Operational Impact
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Proven ROIImproved Productivity
• Business innovation increased by
53%
• Competitive edge increased by
50%
• TCO decreased by 50%
• Machine/asset downtime reduced
by 36%
• Asset utilization improved by 33%,
and
• Process improvement recorded at
49% Source: Dell
18. Anticipated IoT Industry Spend
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Internet of Things Inc. is looking to build out an industry-leading
Industrial IoT platform (sensors, communications, cloud, analytics, etc.)
to help customers improve their productivity and profitability
19. Building out our Global IoT Ecosystem
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Connectivity Platform Applications
Sensors/
Modules
(BrainGrid)
ITT end-to-end service
offering
Security
Analytics
20. Management Team
Michael Frank – President, CEO
Michael has over 25 years of experience in the high technology sector in operations, business
development, M&A, and fund raising. Michael has had several successful exits including one to
Intuit Inc.
Khurram Qureshi CA, CPA – CFO
Khurram qualified as a Chartered Accountant in 1990 and has held senior positions with several
small to medium size public companies. Khurram is one of the founding partner at CQK Chartered
Accountants LLP . Khurram is a graduate of York University BAS, Accounting and Finance
Rob Klein, VP Corporate Development
Rob brings 20+ years of executive management experience to ITT. Most recently, as VP Corporate
Development for a venture accelerator, where Rob has co-led the acquisition of five
international companies, and multiple strategic partnerships.
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21. Michael Frank
Millard S. Roth M. Sc. Industrial Management
Millard’s career has encompassed serving as: interim CEO (Atelier America Inc., CCC Information
Services of Canada Inc., Canadian Motion Picture Distributors Association); Co-Chair Repositioning
Committee (Baycrest Foundation); Member of Board of Directors (Vubiz Inc., Tengtu International Inc.,
Swing Stage Ltd., Kimball Aim Labels Inc.); Advisory Board (Earthfresh Farms Inc., Human Solutions
International Inc.) and Presidents’ Coach (Inniskillin Wines Ltd., Shaftesbury Films Ltd., Menu Foods
Corp., TMS Marketing Ltd.)
The Hon. Jerry S. Grafstein, Q.C.
Co-Founder of a range of media companies, focused in broadcasting, cable, telecom, and publishing in
Canada, Latin America, the UK and the US. He has served as an advisor to several key government
ministries, including transportation, external affairs, consumer and corporate affairs, and justice.
Gali Bar-Ziv
Gali Bar-Ziv brings more than 15 years of management and entrepreneurial experience, including
financing, mergers and acquisitions, strategic planning, channel development and corporate
development. Mr. Bar-Ziv profitably grew a sales, marketing and distribution start-up to sales growth
of more than 700% year over year. Prior to that, he successfully turned around the largest service
division of a $300 Million financial services company. Mr. Bar-Ziv holds a Bachelor of Law (LL.B)
degree from the University of London and an MBA in Strategic and Entrepreneurial studies from the
Schulich School of Business in Toronto.
Board of Directors
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22. Capital Structure
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Shares Issued & Outstanding: 161,427,557 million
Stock Options ($0.05 - $0.10): 13.6 million, ($680,000 if exercised)
Convertible Debentures O/S:
Series B, 1,000,000 shares @ $0.10 due 1/5/2018 ($100,000 if converted)
Series C, 2,810,000 shares @ $0.10 due 1/5/2018 ($291,000 if converted)
Convertible Debenture Warrants O/S:
Series A, 4,550,000 warrants @ $0.075/share expires 4/30/2018 ($341,250 if exercised)
Series C, 200,000 warrants @$0.125/share expires 1/5/2019 ($25,000 if exercised)
Convertible Debenture Warrants (To Be Issued Post Conversion of Debentures):
Series C, 2,810,000 shares @ $0.125 expires 1/5/2019 ($351,250 if exercised)
Other Warrants:
BrainGrid Warrants – Issued BrainGrid Corp. for entering into JV, 15,500,000 shares @ $0.05
expire 1/5/2021 ($775,000 if exercised)
Finders Fee Warrants – Issued for Investment into BrainGrid & JV, 900,000 shares @ $0.05
expire 1/5/2021 ($45,000 if exercised)
24. Certain statements herein may contain forward-looking statements and forward-looking
information within the meaning of applicable securities laws. Forward-looking statements or
information appear in a number of places and can be identified by the use of words such as
“plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates” or “does not anticipate” or “believes” or variations of such
words and phrases or statements that certain actions, events or results “may”, “could”,
“would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements
and information are subject to risks, uncertainties and other factors which may cause the
Company’s actual results, performance or achievements, or industry results, to be materially
different from any future results, performance or achievements expressed or implied by such
forward-looking statement or information. There can be no assurance that a forward-looking
statement or information referenced herein will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements or information.
Also, many of the factors are beyond the control of the Company. We undertake no obligation
to reissue or update any forward looking statements or information except as required by law.
All forward-looking statements and information herein are qualified by this cautionary
statement.
Disclaimer
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