The investment opportunities for growth in AI, Robotics and Automation will be greater than that of the internet companies like Facebook, Google or Amazon. This was the position of William Studebaker, President, Chief Investment Officer, and Managing Partner at ROBO Global, LLC. He was a featured speaker at the ACG event hosted at the Windows over Minnesota on the 50th floor of the IDS building in downtown Minneapolis.
Minnesota DEED Trade Office hosted a Smart Water Round Table event at the Uponor corporation on May 10th, 2018. Featured were a host of IoT companies showcasing their work in smart water solutions. The audience and speakers who attended came from as far away as Europe and South America. This event came on the heels of the Minnesota IoT Fuse conference. The solutions they covered spanned a vast array of topics including: precision agriculture, water treatment, smart cities, transportation, city infrastructure optimization, etc. The companies also represented specializations in hardware & sensors, data aggregation and analytics, and business model development.
The 2018 IoT Fuse Conference was an amazing event to participate in. It featured a large roster of speakers and covered all layers of IoT stack from hardware, platform, and industry companies. Minnesota is one of the largest and fastest growing IoT ecosystems in North America and is positioned to become a global center of IoT expertise. The opportunity at hand is for Minnesota to recognize the lead it currently has and begin a larger regional initiative to develop it the ecosystem to systematically build, support and attract each layer of the industry by creating true regional advantage for the industry to flourish. It must also understand the growth opportunities of both the immediate horizontal or cross sector integration opportunities to existing industries , in addition, to the vertical sector develop that will eventually occur as IoT itself becomes its own complete sector. Global competition and other US cities are not sitting still and may be more aggressive in their attempts to become a global leader.