OBJECTIVES
To establish industrial R&D collaboration and co-development opportunities between Canadian and Brazilian companies in the IoT and BDA sectors, leading to future commercial benefits for Canada and Brazil.
AGENDA
MORNING:
Presentations about the Canadian International Innovation Program (CIIP), the Information and Communications Technologies (ICT) market in Brazil and in Quebec, and the advantages of investing in Quebec.
AFTERNOON:
Business to business meetings (B2Bs) between Quebec and Brazilian companies, scheduled prior to event.
CONTENT
The Internet of Things (IoT) sector in Brazil
Brazil has come from 1 connection per 20 people to 1.6 connections per person in the last 30 years— almost 90% of them wireless. The last 30 years brought mobile and data to the Brazilian population. Over the next 10 years Brazil could move to a situation of 20-60 connections per person! The main industries currently making use of IoT in Brazil are: real-estate, manufacturing, information, transportation, utilities, finance, health and agriculture. Mining, oil and gas, utilities, manufacturing, information, finance, utilities and publics sector are emerging as key IoT focus areas in Brazil. Source: Deloitte, 2016.
The IoT sector will add US$352 billion to the Brazilian economy until 2022: US$70 billion in the public sector and US$282 billion in the private sector. Currently, the average amount allocated by the private sector in IoT projects is approximately US$79 million. Source: Cisco, 2015. Brazilian companies that already invested in IoT have registered a revenue increase between 11% and 20%. Source: Tata Consultancy Services, 2015.
The Big Data & Analytics (BDA) sector in Brazil
Big data and analytics is already a large market in Brazil accounting for several hundred million dollars with revenue expected to reach a billion dollars by 2018.
Some verticals that can be highlighted in this country are :
1.Telecom, working on projects to reduce churn rate;
2.Banking and Finance, especially doing fraud-analysis projects;
3.Retailers, starting to personalize their physical stores and web sites according to the customers’ characteristics.
4.Government
Participating Brazilian Companies
Please click on the following link to view the Brazilian company profiles:
CATALOGUE – IoT and BDA Mission to Canada – Brazilian Companies’ Profile – June 06th
Targeted Canadian Companies
1. Companies developing technologies in the IoT and BDA sectors with potential for international commercialization.
2. Already commercialized products in domestic and/or other markets
3. Existing relationship with a foreign partner or capacity to develop and maintain it
4. Company is in expansion stage and needs R&D to bring product to next level and new markets
RSVP
