Who Will Be Next To Invest In The Internet Of Things? KPMG Startup Trends Index Can Help Provide Answers
New website provides real-time analysis of VC/startup activities from 1.8 million news sources worldwide
New website provides real-time analysis of VC/startup activities from 1.8 million news sources worldwide
NEW YORK, Dec. 8, 2015 /PRNewswire/ -- Venture capitalists are placing big bets on digital payments and the Internet of Things, but are still scoping out plays for "gamification" and biometrics. The Consumer Goods and Media & Entertainment sectors are ripe for startups and investment activity and dominating media attention in these areas, according to the new KPMG Startup Trends Index.
The index is a real-time analysis of news sources involving startups, incubators, venture capitalists and related technologies. It was launched today as a joint effort of KPMG LLP in the U.S., KPMG in the Netherlands, and Owlin, a real-time news alert service.
To access the KPMG Startup Trends Index, visit http://startuptrendsindex.kpmg.com.
The index filters, analyzes and provides insights culled from more than 1.8 million news and social media sources. It reveals the new technology and business models startups are bringing to market, as well as key areas major investors are focusing on, what disruptive technologies are drawing their interest, and the volume of buzz generated by various industry sectors.
"We're providing a real-time snapshot of what is trending with investments in startups," says Colleen Drummond, managing director of KPMG's Innovation Lab. "By pairing innovative technology with our deep expertise in trends analysis and the investment landscape, we can help clients identify new competitors and changing customer expectations to solve emerging business problems and gain an edge in the marketplace."
"The KPMG Startup Trends Index is just one example of how the firm identifies and monitors market disruption to help clients with their strategies and the development of innovative service offerings in today's dynamic environment," says Mike Nolan, vice chair, Innovation & Enterprise Solutions at KPMG. He added, "Teaming with forward-thinking organizations like Owlin enables KPMG to enhance and accelerate innovation."
Combining Owlin's proprietary algorithms with KPMG's market insights, the index continuously updates and tracks patterns from public news sources (press releases, annual reports, magazines, forums, newspapers, news wires, etc.) and social media for a period of 200 days. The Owlin algorithm weighs the content based on timeliness and relevance.
"The analysis is always provided in real-time because insights today can be old news tomorrow," says Sjoerd Leemhuis, Owlin co-founder. "The index is another example of the many ways our algorithms and expertise can be channelled into specific products."
The KPMG Startup Trends Index builds on the success of the KPMG Technology Trends Index, http://technologytrendsindex.kpmg.com, also jointly developed by Owlin and KPMG, and includes these advanced features:
"Owlin is one of several startups we're working with to detect and decode signals in the market that may elevate over time into the next big thing," says Sal Melilli, national audit industry leader of KPMG's Private Markets group. "Tracking what leading and emerging startups have in the works and distilling trends provides market intelligence that isn't currently available."
About KPMG's Innovation Lab
KPMG's Innovation Lab, based in the SoHo office of WeWork, applies human-centered design thinking to understand changing human behavior, technology innovation, investments by VCs and Tech Giants, and new business models – to help our clients adapt for future growth and relevance. The Innovation Lab is part of KPMG's Innovation and Enterprise Solutions group.
About KPMG LLP
KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's member firms have 162,000 professionals, including more than 9,000 partners, in 155 countries.
About Owlin
Amsterdam-based Owlin has been developing news search and analysis tools since its inception in 2012. Owlin's proprietary search and analysis software helps you gain control over the wealth of information on the internet. Owlin scans close to 2 million news sources around the world, 24 hours a day, 7 days a week, and 'turns News into Actionable Intelligence'.
Contact:
Kristen Morgan,
KPMG LLP
202-533-7293
[email protected]
Photo - http://photos.prnewswire.com/prnh/20151207/293795-INFO
SOURCE KPMG LLP
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